Prices

DeFi

Ethereum Activity Metric Hits Highest Level in 2 Years

The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance.

Tech  ·  7 July 2020
Cardano

Cardano at One-Year High on Shelley Upgrade

The eighth-largest cryptocurrency by market value jumped to $0.1021 on Saturday to hit its highest price level since June 2019. It has rallied by a staggering 170% in the second quarter, according to CoinDesk data.

Markets  ·  6 July 2020
Bitcoin

Bitcoin Rises in Line With Stocks After Dip Below $9K

Bitcoin’s positive correlation with stocks continues Monday, with the cryptocurrency drawing bids alongside gains in global equities.

Markets  ·  6 July 2020
Ether

Search for Yield Drives Ether’s Put-Call Ratio to One-Year High

Ether's put-call open interest ratio has jumped to 12-month highs. However, this increase is not necessarily a bearish signal.

Markets  ·  3 July 2020
Bitcoin

Bitcoin’s Price Correlation With S&P 500 Hits Record Highs

Bitcoin's correlation with the S&P 500 is somewhat erratic, but the relationship has gotten stronger. That may not be bad news.

Markets  ·  3 July 2020
Bitcoin

Bitcoin Still Up 27% This Year Despite Dismal June Performance

Bitcoin is still outperforming the top traditional financial assets so far in 2020 – even after a dour performance this month.

Markets  ·  30 June 2020
Bitcoin

Bitcoin Closes in the Green Sunday to End Longest Daily Losing Run in 6 Months

Bitcoin chalked out minor price gains on Sunday, ending its longest run of daily losses for half a year and avoiding a break below the ongoing restricted trading range.

Markets  ·  29 June 2020
Exchanges

Coinbase Lists Compound’s COMP Token for Retail Crypto Traders

The Compound token almost fell back below $200 earlier this week, before Coinbase rode to the rescue. It listed the token for retail users, and gave COMP a nice price bump.

News  ·  26 June 2020
Bitcoin

A Key Thesis for Bitcoin’s Long-Term Bull Market Just Got a Knock

The narrative that inflation arising from the massive coronavirus stimulus efforts would lead to a long-term rise in bitcoin's price is looking weak with new data from the Federal Reserve.

Markets  ·  26 June 2020
Bitcoin

Bitcoin Still on Track for Quarterly Gains After Drop Toward $9K

Bitcoin looks set to end its three-quarter losing run despite having dropped to $9,000 earlier on Thursday.

Markets  ·  25 June 2020
Bitcoin

Bitcoin Options Market Faces Record $1 Billion Expiry on Friday

The cryptocurrency’s options market is on its way to a record $1 billion monthly expiry this Friday.

Markets  ·  24 June 2020
Bitcoin

First Mover: Bitcoin’s Recent Stability May Come From a Fleeting Correlation With Equities

Bitcoin is often likened to digital gold, but some analysts say the more compelling correlation is with the stock market.

Markets  ·  24 June 2020
Bitcoin

The Last Time Volatility Was This Low Bitcoin Went On to Rally by $2K

Bitcoin's price volatility has declined to levels last seen ahead of a major rally witnessed in October 2019. But will the pattern repeat this time?

Markets  ·  23 June 2020
Bitcoin

Bitcoin Sees Small Gain as Gold Rallies to One-Month High

Bitcoin is reporting moderate gains on Monday as gold, a safe haven asset, rallies amid renewed coronavirus concerns.

Markets  ·  22 June 2020
Bitcoin

Outflow of Bitcoin From Miners at Lows Not Seen Since 2010

Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.

Markets  ·  19 June 2020