Market Analysis

Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin, Ethereum “relentlessly up” Data from Cointelegraph Markets Pro and TradingView captured a snap change of direction for BTC/USD, which gained $2,000 in just 45 minutes. In step with various similar moves in
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The number of Ethereum addresses holding 32 or more Ether (ETH) reached a one-month low on Nov. 9. The number of Externally Owned Ethereum Addresses (EOA) fell to 108,949 compared to 108,965 on Oct. 22, according to data from Glassnode, a sign that traders and investors ignored the prospects of becoming validators on its upcoming proof-of-stake blockchain,
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Daniela Barbosa, general manager for blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger.
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Whenever there is relevant growth in the number of derivatives contracts currently in play (open interest), it usually means that more traders are involved. In futures markets, longs and shorts are balanced at all times, but having a larger number of active contracts allows the participation of institutional investors that require a minimum market size.
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Bitcoin (BTC) fell to 24-hour lows before Wall Street’s open on Nov. 3 as a previous bull run halted at $64,000.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price inches back toward $62,000 Data from Cointelegraph Markets Pro and TradingView confirmed the return of uninspiring sideways price action after Tuesday’s volatility. As Cointelegraph reported, BTC/USD
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A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug pull” scheme. Dubbed SQUID, the cryptocurrency plunged to almost a fraction of a cent minutes after crossing over $2,850 at 09:35 UTC on Nov. 1. The deadly drop oed following a 75,000% bull run, showcasing a
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