
Cole Petersen

Cole Petersen Recent Articles

Here’s why Bitcoin’s dwindling open interest could be great for bulls
Bitcoin saw a notable overnight upswing that allowed it to climb as highs as $8,400, finding some stability around this price level as bears…

Chainlink continues onboarding new investors as bulls defend critical support level
Chainlink has seen a notable recovery in the time following its latest selloff, with the cryptocurrency’s buyers defending it from dropping below the strong…

Circulating supply data signals XRP may be undervalued; analysts remain skeptical
It’s no secret that XRP has been one of the worst-performing cryptocurrencies throughout both 2019 and even 2020, incurring a significant 40 percent loss…

Tether just printed another $240m as demand for Bitcoin flourishes
Demand for Bitcoin has been skyrocketing in recent times, with this newfound excitement from investors coming mere weeks before the benchmark cryptocurrency undergoes its…

Data shows crypto market is positioning for downside; here’s why that’s super bullish
The crypto market has been caught in the throes of a firm uptrend in the time following the capitulatory downtrend seen in mid-March that…

Data shows Ethereum 2.0 is sparking accumulation; will it trigger a bull run?
Ethereum 2.0 has long been looked upon as an event that would help take the ETH blockchain to the next level, fixing the various…

Chainlink garners coveted Gemini listing following glowing praise from Winklevoss
Chainlink has gained major support from cryptocurrency investors throughout 2019 and 2020 — a trend that is reflected in its massive community growth and…

Crypto exchange Coinbase moves to make DeFi safer on heels of multi-million dollar hack
Throughout 2019 and the first part of 2020, the growth of the decentralized finance (DeFi) ecosystem captured investors’ attention, leading to a significant influx…

$75 million liquidated: Bitcoin’s power move leaves trail of destruction for bears
Bitcoin saw an explosive upside movement earlier today that caught the cryptocurrency’s bears off-guard, leading to over $75 million in positions to be liquidated.…

Ethereum active addresses rocket as crucial moment fast approaches
Ethereum has seen a notable price spike today that has come in tandem with a recovery seen across the aggregated cryptocurrency market. This movement…

Bitcoin whale growth is macro bullish, but will it be enough to stop another massive selloff?
Data suggests that large buyers – sometimes referred to as “smart money” – have been in full Bitcoin accumulation mode over the past couple…

Here’s why Bitcoin’s open interest is rocketing despite lackluster price action
Bitcoin has once again found itself caught in the throes of another period of consolidation as the benchmark crypto trades just a hair above…