Bitcoin’s large wallet inflows signal a bullish trend reversal in the following week. The price is currently around the $60000 level, however, with the increasing trade volume across spot exchanges, an increase of nearly 15% in less than 24 hours, there may be a bullish trend emerging in the asset’s price. Based on the aboveContinue reading “Bitcoin: Should retail traders expect a price hike?”

Based on price action in March and the first 10 days of April, a trend has emerged on the price charts of ETH, DOT, ADA, UNI. Among others, these altcoins have witnessed a fair share of price rallies and consolidation over the past month. In the case of ETH, after outperforming Bitcoin consistently throughout March,Continue reading “Where are these altcoins headed ETH, DOT, ADA, UNI?”

This past week most of Bitcoin’s price action was governed by crowd sentiment. HODLers have been a critical part of the narrative and so were the whales, retail traders, and institutions. For the most part of the season, the price trend was governed largely by institutional buying and change in HODLer composition. However, following theContinue reading “Why these traders continue to be a critical part of Bitcoin’s price action”

With most altcoins rallying at the current point in the market cycle where Bitcoin is making a comeback, there are a few altcoins that may have ended their price rally. Among these, LINK ranks in the top 10 cryptocurrencies based on market capitalization. LINK’s oracles may have filled the void left from the removal ofContinue reading “Has the rally ended for altcoins like LINK, ADA, and NPXS?”

The recovery for the altcoin market was quick, and in the case of DeFi’s top tokens, it was even quicker. The market capitalization is currently above the $2 trillion level and the target is to recover the lost market cap, from over the past few weeks. DeFi’s TVL has recovered from the initial drop basedContinue reading “How altcoins COMP, MKR, and AAVE helped the DeFi comeback”

With Bitcoin’s price back under $60000, and increased investment inflow to altcoins and top DeFi tokens. It may be the best time for retail traders to direct their investment to HODLing Bitcoin in the long term and getting yields while remaining neutral in the market. Currently, the aggregate trade volume in Bitcoin futures is relativelyContinue reading “Traders can make 25% on Bitcoin remaining market neutral, here’s how”

Riding on the current altcoin rally wave, DeFi tokens, CRV, MATIC and YFI have all been rallying. Merely a year old, CRV now supports inexpensive stablecoin swaps with high liquidity (< $0.001 cents) and high yield farming on CurveFinance among others. This has led to a boost in the demand for CRV and has enabledContinue reading “Should traders expect double digit returns for coins like CRV, MATIC, YFI”

Following yesterday’s downward spiral, most altcoins have recovered nearly completely in the past 24 hours. Ethereum Classic is now trading at $18.88, up from yesterday’s low of $17 based on price data from coinmarketcap.com. What’s interesting about the asset’s price rally is that despite the dropping trade volume, the price is rallying. This could beContinue reading “ETC, SOL and THETA: Some of these alts are making a comeback”

Bitcoin’s price has been below the $61,062-level since mid-March. In fact, the cryptocurrency’s price has remained largely rangebound between $51,695 and $60,000 since then. In other words, it has been over 25 days since the crypto-asset hit a new ATH, with its price rally extending to correspond to a hike in large transactions on theContinue reading “Bitcoin to hit $64,000? This metric could be the key”

After hitting a new ATH on 1 April, Polkadot, at the time of writing, was consolidating on the charts. In fact, DOT’s price dropped by over 10% recently, with increasing trade volume signaling that there may be a sell-off of DOT on spot exchanges soon. In fact, traders are anticipating the price to drop toContinue reading “What you should know about DOT, XLM, TRX, and FIL being in the buy zone”

Binance Coin hit a new ATH on 6 April 2021, with its price crossing $414.36. While the asset was trading at $399.44 at press time, retail traders remain bullish on the altcoin, with the same now anticipating a rally to the $500-level. In the case of BNB as an altcoin, the price trend is influencedContinue reading “Binance Coin, Dogecoin, Maker: What’s in store for the week ahead”

The latest altcoin rally saw XRP take centre stage, with the altcoin offering over 75% returns in the last 7 days. In fact, the aforementioned rally also saw the cumulative crypto-market capitalization pass the coveted $2 trillion-mark. Though DeFi tokens have played a pivotal role with $50 billion in market capitalization, the altcoin rally isContinue reading “XRP’s price rally: What to expect in the coming weeks?”