The co-founder and CEO of crypto hedge fund Three Arrows Capital, Su Zhu, says that a very rare bullish signal was flashed by Bitcoin. Zhu informed his Twitter followers that Bitcoin’s dormancy flow metric has reached a level that has only been seen five times in the complete history of Bitcoin. Dormancy flow means, the […]
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Bottom Prices for Bitcoin Other Cryptocu...
A pseudonymous crypto analyst, the Capo, has predicted the potential bottoms on Bitcoin (BTC), Ethereum (ETH), and two other smart contract platforms Cardano (ADA) and Solana (SOL). Potential Bottoms BTC: $40,000 ETH: $3,000 ADA: $1.02 SOL: $125 Talking about BTC, the analyst predicted that Bitcoin will drop down to $40,000 or slightly below, before bouncing […]
More Power to SEC Will Boost Crypto Pric...
Institutional investors are very positive about US Security and Exchange Commission (SEC) having powers to regulate the crypto market, as according to them this will have a positive impact on the prices of cryptocurrencies. In a recent report released by European digital asset hedge fund manager, Nickel Digital Asset Management, on institutional adoption of crypto […]
Ethereum Rivals Rising Faster than ETH
While the crypto markets are going through a rough patch, many competitors of ETH are rising. As per the data provided by Electric Capital, “Ethereum is growing rapidly, so are some of the new blockchain projects, which are rising at an unprecedented speed”. Solana, layer 1 blockchain protocol, witnessed a breakout year, where it rose […]
Future of Metaverse, DeFi, NFTs and Ethe...
Predictions for 2022 The chief product officer at Coinbase shared predictions about DeFi, metaverse, zero-knowledge proof technology, ETH scalability, and NFTs in 2022. For NFTs, he stated that “they would become the next evolution for users, digital identity and passport to metaverse”. Investment in NFTs will continue to increase and with metaverse, a new Instagram […]
$260,000,000 Spent Over One Crypto Asset
As per the latest information, it has been identified that Ethereum (ETH) whales are buying an altcoin. The altcoin is used to power data feed services in the decentralized finance industry. According to WhaleStats, oracle network Chainlink (LINK) has started to garner the attention of large Ethereum whales. As per the latest data shared by […]