Tagged: crypto market report

Bitcoin, Ethereum and Other Digital Assets May Experience Price Correction due to Spike in US Dollar, Stablecoin Borrowing Rates: Report

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that 2020 was “arguably crypto’s best year yet.” Blockchain.com writes in a blog post that Bitcoin (BTC) investors have had an “extraordinary” holiday season, and the new year is… Read More

DeFi Tokens like SNX, Uniswap’s UNI, Aave, Yearn.Finance’s YFI are Now Also Rallying with Bitcoin and Ethereum: Report

As Bitcoin (BTC) kept rallying, so have Ethereum (ETH) and some major decentralized finance (DeFi) tokens, followed by a lot of congestion on the Ethereum blockchain network, the OKCoin team confirmed. The crypto exchange noted in its crypto market report that if you’ve been keeping… Read More

Digital Assets Market Cap Surpasses $700 Billion as Bitcoin (BTC) Surges to $27,000+: Report

Digital asset exchange Binance notes in its crypto market overview report that Bitcoin (BTC) continued its previous week’s bull run. The flagship digital currency managed to break its all-time high several times within 24 hours, stopping only slightly above the $24,000 mark on Saturday (December… Read More

DeFi Tokens Take it Relatively Slow as Bitcoin Surges to $23,800, Prominent Investor Says Ethereum May Eventually Surpass BTC Market Cap: Report

Decentralized finance (DeFi) tokens took it “relatively slow” this past week when compared to Bitcoin (BTC) while crypto and blockchain industry developments strengthened Ethereum’s (ETH) support, according to a report from OKCoin. The digital asset exchange notes that DeFi tokens are still lagging behind BTC… Read More

Ethereum Gaining Interest as Institutional Asset Class as Decentralized Finance Gets Boost with Bitcoin focused DeFi Platform: Report

Ethereum (ETH), the world’s largest smart contract platform, and major decentralized finance (DeFi) assets have dropped during the past week. However, DeFi-related infrastructure is getting a boost from Bitcoin (BTC), according to a report from OKCoin. During the last week, top DeFi platforms such as… Read More

Ethereum Might have taken Permanent Lead Versus Bitcoin in 2020 in Terms of Economic Value Transferred on its Rails: Report

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Bitcoin (BTC) has been trading sideways as some crypto analysts have warned that the digital asset’s price may become unpredictable in the short-term, according to a new report from OKCoin. The digital currency exchange confirmed that Bitcoin continues to gain institutional support. BTC’s recent price… Read More

Bitcoin Reaches All-Time High but BTC Dominance Fails to Break Records as Ethereum, XRP and Altcoins Surge: Report

Last month, the digital asset markets were “on a tear” as many cryptocurrencies experienced significant gains, Binance notes in its market report. The leading digital currency exchange confirms that Bitcoin (BTC) continues to dominate global headlines as its price surged from below $14,000 on November… Read More

Recent Cryptocurrency Price Action Shows “Clear Signs” that Many Retail and Institutional Investors are Entering the Market: Report

The Bitcoin (BTC) and crypto bull market continues to rally as BTC receives even more Wall Street attention while former Fed Chair Janet Yellen is announced as incoming Treasury Secretary. According to a report from OKCoin, Bitcoin has done it again: on Monday morning (November… Read More

Bitcoin (BTC) Price has been Surging at the Time US Equity Markets have Been Open as Institutional Interest Grows: Report

During the past few weeks, Ari Paul, CIO at BlockTower Capital, and Luke Martin, a prominent digital asset trader, have noted that Bitcoin’s (BTC) upward price movements since late October 2020 have mostly taken place during US market hours. A report from Coin Metrics points… Read More

Digital Asset Market Participants’ Perception of DeFi Tokens Shifts from Speculation to Identifying Long-Term Investments: Report

Digital asset exchange OKEx recently published a report, titled: “How centralized exchange volumes illustrate DeFi’s boom-and-bust cycle.” With market data provided by Kaiko, OKEx Insights looks at DeFi‘s “boom-and-bust cycle” in 2020. The exchange notes in its extensive report that as 2020 comes to an… Read More

Digital Assets Market Cap Reaches 32-Month High of $582 Billion before Correcting to Below $540 Billion: Report

Binance, the world’s largest digital asset exchange, notes in its latest crypto market overview report that it hasn’t seen prices this high since December 2017 (which was during the historic bull market that led to Bitcoin surging to nearly $20,000 and Ethereum reaching a price… Read More

Crypto Derivatives Market Trading Volume Surged from $38.3B on Nov 21 to $66.9B on Nov 27, 2020 after Bitcoin Price Crash: Report

The TokenInsight team notes that once again (unsurprisingly), we all received a “big gift” from the digital asset market for Thanksgiving with Bitcoin (BTC) crashing – which came right after it surged past the $19,000 mark for the first time in around three years. The… Read More

DeFi Tokens, Altcoins Underperformed as Bitcoin (BTC) Pushed to $19,500, while Ethereum 2.0 Launch Set for December 1: Report

Ahead of the upcoming Ethereum 2.0 upgrade, ETH has been experiencing “significant momentum,” according to a report from OKCoin. The digital asset exchange notes that during the past week, the Ethereum price surged 30% to a high of over $600, but it has corrected sharply… Read More

Recent Bitcoin (BTC) Price Consolidation Might have Helped XRP Surge 80%, Ethereum (ETH) Also Up 25% in 72 Hours: Report

Bitcoin (BTC), the flagship cryptocurrency, is approaching its all-time of nearly $20,000 which it set back in December 2017 during the historic crypto market bull run. Bitcoin peaked at $18,950 this past week, and has begun to move higher toward its new year-to-date highs at… Read More

DeFi Tokens Aave and YFI Continue to Rally as Institutional Investors back Decentralized Finance Intiatives: Report

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

Ethereum (ETH) Surges to Year-to-Date High of $500+, but Eth 2.0 Upgrade Experiences Challenges: Report

The Ethereum (ETH) price is up around 25% during the month of November 2020. ETH, the world’s second-largest cryptocurrency by market cap and adoption, is trading at a little over $500 at the time of writing. During this past week, Ethereum managed to reach a… Read More

Bitcoin Enters “Rarified Air,” Now Trading Above $10K for 114 Days, Historical Indicators May No Longer Matter as BTC May Set New Highs: Report

US-based crypto exchange Kraken recently published its Bitcoin volatility report covering the month of October 2020. Kraken Intelligence, which is the exchange’s team of in-house research professionals, has noted that each month, they take an extensive look into the fundamental and technical factors that impact… Read More

Crypto Market Reaches Highest Valuation Since May 2018, As Bitcoin Hit 35-Month High of $16,400: Report

Binance, the world’s largest digital asset exchange, says it hasn’t seen Bitcoin (BTC) this “expensive” since December 2017. The leading blockchain firm along with the rest of the crypto industry is now wondering whether Bitcoin will be setting another all-time high (after trading for nearly… Read More

$100 Million Accelerator Fund from Binance Now Support 11 Blockchain and Crypto Projects

Binance, the world’s largest digital currency exchange, notes in its latest Crypto Market Overview report that Bitcoin (BTC) almost managed to break past the $14K mark, as it “massively outperformed” altcoins (alternative coins or all coins besides Bitcoin). Binance points out that Bitcoin began moving… Read More

DeFi Tokens Experience Correction, Ethereum 2.0 Launch Date Uncertain due to Pending Smart Contract Audits: Report

Several major decentralized finance (DeFi) assets have experienced correction as Bitcoin (BTC) surged this past week. However, the “fundamental” developments continued, “pointing to long-term momentum,” according to a report from OKCoin. The crypto exchange notes that Bitcoin continued its ascent during the past week. The… Read More

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