Cole Petersen

The non-fungible token trend that has been sweeping across the crypto markets has been called a fad by many, but the recent listing of a Bitcoin-centric digital piece on a Christie’s auction seems to validate that digital artwork is real artwork – despite what many say. The piece was created by Ben Gentilli – an […]

The price of Yearn.finance’s governance token – YFI – has been plummeting as of late, with the sell-side pressure overwhelming the cryptocurrency’s bulls as it shatters multiple key support levels that were previously boosting its outlook. This has struck a blow to the community sentiment that has been so pivotal for incubating its growth, which […]

Recent news regarding the U.S. Commodities and Futures Trading Commission’s crusade against the three co-founders of BitMEX has had grave implications for Bitcoin and the crypto market. Many investors now fear that this marks the start of a fresh round of regulatory scrutiny on the crypto industry from U.S. regulators, which could have far-reaching implications […]

The crypto market has taken a beating throughout the past few days and weeks, with sellers taking full control over altcoins as Bitcoin oscillates within a relatively wide trading range between $10,200 and $11,200. This has created an air of uncertainty amongst investors, who are now fleeing what are referred to as “beta assets” in […]

Bitcoin’s price has been rocked by news of the Commodities and Futures Trading Commission bringing charges against popular margin trading platform BitMEX. One of the platform’s co-founders, Samuel Reed, was arrested at his home in Massachusetts earlier today, potentially facing a maximum prison sentence of five years for violating the Bank Secrecy Act and conspiring […]

YFI – the governance token of the Yearn.finance ecosystem – has been plunging lower throughout the past 24 hours, with it reverting nearly all of its recent gains as buying pressure begins evaporating. Yesterday, the drama surrounding one of the external projects being developed by Yearn.finance founder Andre Cronje helped fuel the token’s ongoing downtrend. This […]

Synthetix Network Token’s price has seen some volatility over the past couple of days, with inflows of selling pressure coming about due to the massive amount of SNX tokens stolen due to the recent KuCoin hack. Buyers were aggressive with absorbing this selling pressure, however, and have since pushed the cryptocurrency higher as its mid-term […]

Bitcoin’s price action has been fairly boring in recent weeks, with it establishing a wide trading range between $10,200 and $11,200. Both of these levels have sparked noticeable reactions from BTC’s price each time that they are visited. This has offered investors with little insight into the crypto’s near-term outlook, and it does seem as […]

Ethereum has been hit hard by the recent market-wide downturn, with the retrace seen by the decentralized finance sector likely being the main suspect behind this weakness. The cryptocurrency rallied up towards $500 earlier this month, marking a massive extension of the uptrend that started in mid-March when it plummeted beneath $100. Over the past […]

The massive hype surrounding Ripple’s XRP token throughout 2017 created an enormous community that carried over into 2018 and 2019, but this community of investors appears to have been dissolving as of late. Interest in the token has fallen off a cliff, with the lack of significant banking partnerships and tempered utility slowing the cryptocurrency’s […]

Yearn.finance’s governance token (YFI) has been hit hard by the recent downtrend seen across the aggregated cryptocurrency market, with the token now trading down nearly 50 percent from where it was at its peak. Despite this bearish price action, it is important to note that the Yearn.finance ecosystem is still thriving, and YFI holders may […]

The Ethereum network has been placed under immense pressure to handle significant demand for its blockspace, with users interacting with smart contracts, DEXs, and AMMs directing massive transactional volume to the network. This has resulted in high fees – the likes of which have never been seen before. These high fees have driven investors’ capital […]

MicroStrategy has become the poster child of mainstream Bitcoin adoption amongst corporations. It is the only publicly listed company to turn towards BTC as a reserve asset to store their capital in. Their announcement last month regarding their decision to ditch the US Dollar in favor of BTC to store their capital was a big […]

The recent Uniswap token (UNI) launch has excited the crypto industry, sending shockwaves throughout the market and even catalyzing an Ethereum upswing. This was an unprecedented token introduction, as it granted all the platforms’ users with a minimum of 400 UNI worth over $1,300 at the time of writing. Investors and users have been speculating […]

Bitcoin’s price action has done little to offer investors with insight into its mid-term trend, as the cryptocurrency has formed a massive trading range between $10,000 and $12,000 throughout the past few weeks. While zooming in and looking at BTC’s short-term trend, it does appear that the crypto is well-positioned to see some upside, as […]

Software firm MicroStrategy made waves within the crypto market last month when news broke regarding their acquisition of $250 million worth of Bitcoin. The company is now doubling down on their attempt to use BTC as a reserve asset, adding another $175m to their holdings. The company announced their plan to add to their holdings […]

The DeFi community has been captivated by the news surrounding the faulty launch of the YAM platform last month, when a flaw in the platform’s unaudited smart contracts resulted in the YAM token becoming worthless. Thanks to a successful community-based fundraising effort that garnered participation from industry figures like BitMEX founder Arthur Hayes and other […]

Ethereum has shaken off the intense weakness it expressed throughout the day yesterday, with the cryptocurrency’s bulls now flexing immense signs of strength as its price pushes up towards the key resistance at $380. Where the cryptocurrency trends in the near-term may depend largely on how it continues reacting to this crucial level. If buyers […]

The stock market has seen some slight weakness today, despite opening to a strong start. After trading in the green for a few hours, the S&P 500, Nasdaq, and other benchmark indices all turned red. This has created a sense of fear among Bitcoin investors. Although Bitcoin has undoubtedly broken its correlation to the stock […]

The Ethereum-based DeFi sector took a major hit throughout the past couple of weeks, with Bitcoin and Ethereum’s recent price decline creating shockwaves that have had grave impacts on smaller altcoins. There are a few tokens that fall under this category that have been able to avoid the immense selling pressure brought about by the […]