Crypto markets provide a bird’s-eye view of a burgeoning crypto economy including Bitcoin (BTC) and a host of other crypto networks. The cryptocurrency market is radically different from the traditional global financial and commodities markets. Not only is the structure of these underlying assets fundamentally different, as they are natively digital and noncustodial in many cases, but the market participants are different as well.
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Bitcoin (BTC) stayed rangebound at the Aug. 30 Wall Street open as traders began to compare BTC price action to its 2023 breakdown. BTC/USD 1-hour chart. Source: TradingView Bitcoin ignores…
Cardano’s (ADA) price is down today, reflecting traders’ cautious mood ahead of the blockchain’s first hard fork in two years. Chang hard fork will bring onchain governance to Cardano ADA’s…
Bitcoin (BTC) is printing a fresh “buy opportunity” as miners face ongoing profitability struggles. In one of its Quicktake blog posts on Aug. 30, onchain analytics platform CryptoQuant suggests that…
As crypto traders eagerly await a potential altcoin season, one analyst argued it won’t unfold as expected because new crypto traders rush to buy the most speculative assets too soon.…
The amount of Bitcoin stored on crypto exchanges has reached a new supply low, which may be the catalyst that Bitcoin needs to successfully retest and move back above $60,000.…
Ether (ETH) has gained 7.5% since its drop to $2,396 on Aug. 27, but the 22% decline over the past 30 days indicates that investors remain uneasy with their positions.…
Bitcoin (BTC) sought to reclaim $60,000 around the Aug. 29 Wall Street open as United States macro data spared bulls major volatility. BTC/USD 1-hour chart. Source: TradingView BTC price shows…
Major artificial intelligence-related cryptocurrencies tumbled following the release of Nvidia’s second-quarter 2024 earnings, which beat estimates but failed to impress investors. Artificial Superintelligence Alliance (FET) fell approximately 7.8% to $1.1663…
Nvidia’s earnings call did not disappoint as CFO Colette Kress announced Q2 earnings of $30 billion, beating its previous estimate by two billion dollars. This bullish signal could buoy the…
Pavel Durov, the founder and CEO of the messaging app Telegram, has been released from custody after being charged by French authorities and placed under judicial supervision after appearing in…
