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.
Stay tuned to news, analysis and in-depth coverage of crypto markets with Cryptoonaut.
Bitcoin (BTC) has been stuck in a narrow range since Aug. 8, and unable to surpass $62,000 while reinforcing support at $58,000. This consolidation reflects growing uncertainty among traders, especially…
Ether’s price is trading 25% above the eight-month low of $2,112, reached on Aug. 5. The second-largest cryptocurrency by market capitalization has been on an uptrend, gaining 13% over the…
Solana exchange-traded funds (ETFs) will not see significant demand among United States investors, according to Katalin Tischhauser, head of investment research at crypto bank Sygnum. Tischhauser told Cointelegraph that “minuscule”…
Aug. 15, 2024, marks the 53rd anniversary of the “Nixon Shock,” the day that United States President Richard Nixon eliminated the gold standard for the US dollar. At the time,…
The upcoming crypto options expiry is threatening to add a significant amount of Bitcoin sell pressure that could take the price below another key support level. Over $1.4 billion worth…
Bitcoin dropped further on Aug. 15 as a new United States government BTC transfer added to selling pressure. BTC/USD 1-hour chart. Source: TradingView Bitcoin sellers “dumping” fuels sell-off narrative Data…
Ether’s stagnant price may not be creating many new millionaires lately, but its onchain activity indicates the network is approaching peak performance, according to Khelp Financial founder and CEO Boomer…
The United States Federal Reserve may not be cutting interest rates to the degree that market participants appear to be anticipating, according to a portfolio manager. Yet, the broader crypto…
Bitcoin miner Marathon Digital has purchased another $249 million worth of Bitcoin after raising $300 million from a senior note offering. On Aug. 14, the miner said it used part…
Democratic Senator Chuck Schumer, the majority leader of the United States Senate, says he’s making it his goal to pass bipartisan pro-crypto legislation by the end of the year if…
