Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday
Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday Bitcoin, the leading cryptocurrency, has seen a remarkable rise in value in the last week, culminating in a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time. Over the last seven days, Bitcoin has increased in […]
Pundits Perform Post-Mortem on Crypto Bank Crisis
Rewrite and expand this content to 800 words Other Illustration by Mitchell Preffer for Decrypt Crypto prices rebounded hard this week on news that the U.S. government will intervene to ensure that depositors of the failed industry-servicing institutions Silicon Valley Bank (SVB) and Signature would be made whole. As could be expected, Crypto Twitter was […]
Goldman Highlights Bitcoin as Best-Performing Asset
Goldman Sachs recently released a report detailing Bitcoin’s outstanding performance relative to traditional investment assets and sectors, such as technology and gold, in year-to-date returns and risk-adjusted performance. According to the report, the leading cryptocurrency has gained 51% in year-to-date absolute returns, surpassing not only gold (+4%) but also information technology (+16%), communication services (+15%), […]
Solana’s Year-To-Date Performance Is Up By More than 100%
Solana (SOL) has been the talk of the crypto town recently as its year-to-date performance has gone up by over 100%. According to the world’s largest crypto data aggregator, CoinGecko, SOL is leading the pack with an increase of 117% since March 2022. This is a significant jump compared to the performance of the crypto […]
Crypto Analytics Platform Reports Ethereum Supply Dropped By 66,000 ETH
Recent reports indicate that Ethereum has experienced a significant change in the reduction of its supply by 66,000 ETH, marking a historic milestone for the cryptocurrency. The market intelligence platform, IntoTheBlock, has confirmed that this is due to a portion of the ETH transaction fees being burned as a result of Ethereum’s transition to proof-of-stake […]
Bitcoin shines through banking failures, bailouts
MacroSlate Weekly: Bitcoin Emerges Strong Amidst Banking Failures and Bailouts Last week, several financial institutions experienced liquidity problems, and the Federal Reserve initiated what has been referred to as “stealth quantitative easing.” Through it all, Bitcoin emerged strong, hitting $27,000 and increasing by roughly 60% Year-to-Date (YTD). Macro Highlights The US is experiencing high inflation, […]
Coin Price Turns Bearish; What’s Next?
Rewrite and expand this content to 800 words Analytics www.thecoinrepublic.com 4 h Reading time: ~3 m 1 AVAX coin price is trading below the demand zone on a daily time frame. 2 The AVAX coin price is bearish as it fails to hold the short term demand zone on a daily time frame, after […]
NFT market manipulation? CryptoSlam claims suspicious activity on Blur
Blur, one of the newest NFT marketplaces, has quickly risen to prominence in the rapidly growing industry. However, its journey to becoming the biggest marketplace is far from over, as it now faces fierce competition in a crowded field. To evaluate Blur’s current and future success, it’s important to examine its recent accomplishments and the […]
Bitcoin traders greedy, Fear and Greed Index at a 16-month high
Bitcoin traders have been described as ‘greedy’ by the Bitcoin Fear and Greed Index, which hit a 16-month high of 64 in March 2023. This shift in sentiment comes on the back of the fast-spreading optimism amongst traders about Bitcoin’s prospects, which have resulted in an impressive performance in recent trading days. The Fear and […]
Ethereum (ETH) Shanghai De-Risks Staking, Expect More ETH Locked, Top Analyst Chris Burniske Says
The upcoming activation of the Shapella upgrade has caused concern among Ethereum (ETH) enthusiasts regarding its potential impact on the tokenomics of the popular cryptocurrency. However, according to top analyst Chris Burniske, there may be a positive outcome from this upgrade that is being overlooked. The Shapella upgrade is the first major post-Merge Ethereum upgrade […]