A bitcoin (BTC) strategist and investor remain skeptical towards the Ethereum protocol, considering it an “unfinished product.” Lyn Alden, an advisor for the dollar cost averaging BTC investing app Swan Bitcoin, believes the network lacks a concrete model, “other than just speculation.” Alden Prefers Bitcoin’s Modular Design From an Engineering Perspective In a blog post on her personal website, Alden […]

The pseudonymous crypto trader Altcoin Pscyho says the decentralized finance (DeFi) market is set to experience a bull phase that will make the previous initial coin offering (ICO) bubble look like “child’s play.” In a series of tweets made on January 16, the popular trader explained the DeFi market is still relatively underfunded, with the majority of retail investors unaware […]

Despite China’s unfavorable crypto policies, the country continues to record more capital flight via cryptocurrency, as citizens use crypto to safeguard their funds against the weakening yuan. China’s 2020 Capital Flight Via Crypto at $17.5 billion According to a report by local media outlet Coinholmes, China recorded a capital outflow of over $17.5 billion in cryptocurrency in 2020. The figure […]

Jed McCaleb, former CTO of Ripple dumped another 28.6million XRP for the first time since SEC filed a lawsuit against Ripple and two of its executives. McCaleb’s settlement deal with Ripple back in 2013 gave him 9 billion XRP in batches to avoid him dumping his entire portion of settlement tokens on the market. The former CTO is well known […]

Bitcoin is trading for just over $36,000. Despite a recent $4,000 drop, the asset is still considered to be doing well by analysts and industry experts alike. However, the cryptocurrency is once again being outdone by several smaller coins, particularly those in the decentralized finance (Defi) space. Defi Is Seriously Outdoing the Ranks of Bitcoin Bitcoin has added roughly 300 […]

Chainlink’s recent expansion has breached swing high posting a new all-time high LINK price as the macro bull trend continues to be intact. Consecutive higher highs and higher low are still integral thus higher prices are probable until proven otherwise. Weekly Bullish Order Block holding true.  Increasing volume profile suggestive of a climatic node.  RSI and Stochastics Bullish Control Zones […]

The crypto world saw many ups and downs throughout the past week as Bitcoin price volatility saw a couple of major dips as well as recovery post the infamous Monday market crash of nearly $10k.  The top cryptocurrency is currently trying to consolidate its position above $37,000. Other major headlines of the day include, Kraken Delists XRP Trading for US […]

Bitcoin has been facing some immense turbulence as of late, but it has yet to have any grave impact on altcoins Most major altcoins have been decoupling from the benchmark cryptocurrency, with ETH gaining against its BTC pair while Chainlink sees fresh all-time highs This momentum is being slowed slightly by Bitcoin’s present weakness, but it remains unclear as to […]

According to reports from Etherscan, a whopping $1 billion was transferred on the Ethereum blockchain for only $7 in gas fees. This transfer, which was perhaps one of the largest transactions observed on the Ethereum blockchain, consisted of 74.5 million SNX tokens migrating to the new Reward Escrow V2 contract- an action that is reportedly required in order to enable […]