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Cryptocurrency

Bitcoin Consolidates but Remains Bullish, Ethereum Hints at a Breakout

Bitcoin and Ethereum have not shown a strong correlation with the Nasdaq 100 or gold this month. Bitcoin continues to consolidate around $27K but remains in a longer-term bullish trend. Ethereum is showing signs of a bullish breakout today, potentially…

Bitcoin Ranks High as a Safe-Haven Asset as Household Debt Climbs to $17 Trillion

  Once a year, Miami becomes a global Mecca for Bitcoin enthusiasts and advocates when the city hosts the titular conference celebrating the largest digital asset by market value. With a $525 billion market cap, Bitcoin is currently the world’s…

Cryptocurrency

Bitcoin, Ethereum Fall on Low Volumes: Recovery Hinges on a Catalyst

  Cryptocurrency markets remain in a tight range as US default risk looms Bitcoin, Ethereum have traded on significantly low volumes Ethereum faces selling pressure below $1,850 as Bitcoin moves into the support zone Cryptocurrency markets have been trading in…

Real World Assets: The Holy Grail of Decentralized Finance

  Decentralized Finance (DeFi) yields have been on a free fall since the crypto market peaked in November 2021. But with the bull market hype cooling down, innovators in the DeFi space are pivoting to a new source of yield:…

Bitcoin at a Crossroads: A Technical Scenario

  At the end of April, we found for Bitcoin: “” Fast forward and BTC did exactly that. It produced a counter-trend rally into resistance and another drop, aka “leg lower.” Figure 1 below shows – based on this pattern –…

Cryptocurrency

Catching Up with Crypto

  As we all await the oh-so-important CPI on Wednesday morning, let’s end the day with a couple of crypto charts. The crypto market peaked about four weeks ago (unlike tech stocks, which keep roaring higher) and, should Bitcoin cross…

Bitcoin, Ethereum Rallies Hit Roadblocks: What’s Next?

  Selling in the cryptocurrency market carried into the new week, with Bitcoin and Ethereum under pressure. Bitcoin’s rally from last week was halted while Ethereum tested a key support level after coming under selling pressure. Upcoming US CPI data…

Cryptocurrency

Could Bitcoin Benefit From U.S. Banking Crisis?

  Could Bitcoin Benefit From Banking Crises? The price of Bitcoin is extremely volatile.  On Wednesday, the market saw one of the biggest intraday price swings in the cryptocurrency market in recent times. Bitcoin (BTC-USD) fought its way both higher and lower…

U.S. Bank Failures Keep Fueling Crypto Adoption

  Cryptocurrency adoption in the U.S. increased amid fears of a full-blown banking crisis, a new poll finds. According to Morning Consult, 22% of Americans, over one in five, said they owned at least one form of crypto in April,…

How the Crypto Venture Capital Space Turned Risk Averse in the Bear Market

Venture capital (VC) has played a crucial role in the growth of the digital asset industry over the past two years. According to data from Pitchbook, VC investments in crypto skyrocketed in 2021, reaching $25.1 billion, which is a sevenfold…