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Tag: Market Analysis

Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses

May 24, 2021 wp-bot Cointelegraph

Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week’s “historic deleveraging event.”

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DeFi growth helps push crypto’s share of the global money supply above 2%

May 15, 2021 wp-bot Cointelegraph

The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption.

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Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry

May 5, 2021 wp-bot Cointelegraph

Bitcoin bulls have a $104 million advantage leading into Friday’s $1.1 billion options expiry, but a favorable close depends on BTC price reaching $60,000.

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Analysts suggest Dogecoin traders are rotating profits into large-cap altcoins

May 5, 2021 wp-bot Cointelegraph

Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC.

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DeFi adoption on the Binance Smart Chain reaches new highs

May 1, 2021 wp-bot Cointelegraph

Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol

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Polygon (MATIC) jumps ahead as the race for Layer-2 adoption picks up

April 25, 2021 wp-bot Cointelegraph

Increasing volume and TVL on QuickSwap, along with steady growth in the number of projects joining Polygon have analysts suggesting that MATIC price is undervalued.

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Blockchain
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