While the amount of ETH locked in DeFi protocols is up 75% since the start of 2020, the sum of Ether held on centralized exchanges has fallen by 30% over the same period.
Bitcoin has regained momentum. At the time of writing, BTC trades at $57,225 with a 1.5% profit in the daily chart and sideways movement in the lower timeframes. The general sentiment in the market is divided, investor’s attention seems to have gone towards Ethereum (+27.3%) and Dogecoin (+88.4%), cryptocurrencies with impressive rallies in the 7-day […]
LINK's price has consistently increased over the past 2 weeks. The price was at the $47.40 level, after a 33% gain in the past week. Despite dropping to the twelfth position in terms of market capital
Despite the ongoing increase in the price of BTC, SSR has fallen considerably. This indicates that stablecoins have significant buying power. SSR definition SSR is defined as the ratio between the supply of BTC and that of stablecoins. As a result, it can be used to measure the supply and/or demand of BTC and USD. … Continued
Data from Glassnode shows that bulls who accumulated during the second half of 2020 are still holding strong, despite a surge in short-term speculation this year.
This week Ethereum (ETH) rallied all the way above $3500 levels hitting its new all-time high and pushing its crypto market dominance to 17%. In its journey upwards, Ethereum has toppled many big financial giants like Mastercard (NYSE: MA), PayPal (NASDAQ: PYPL), and Bank of America (NYSE: BAC). However, despite a massive 4x run-up this year
Glassnode has revealed in its May 3, 2021 newsletter that on-chain data shows bitcoin (BTC) and ether (ETH) hodlers remain confident that the bull season is not over yet despite the latest dip in the price of the world’s flagship crypto. Demand for stablecoins like tether (USDT) and others has continued to increase as theyRead More
Projects that were rangebound earlier are now rallying. Sushiswap emerged as a food/meme coin that happens to be a DeFi token which got listed across top exchanges. Traders who lost the opportunity to