Analysis
Analysis
Here’s what could be backing Band Protocol’s 100% one-week rally
Band Protocol (BAND) has been one of the hottest tokens in the DeFi sector throughout the past couple of months. The token is currently…
DeFi
The value of crypto locked in DeFi has passed $3B; Will this propel token prices higher?
There’s now over $3 billion worth of crypto locked within the decentralized finance ecosystem. This marks a stunning 200 percent climb from what this…
Analysis
Analysts expect Ethereum to see an explosive movement as options OI rockets
Ethereum’s price action over the past several weeks has grown closely tied to that of Bitcoin. Although in recent times this has caused ETH…
Stablecoins
Tether (USDT) is about to pass Bitcoin’s average daily transaction value
The stablecoin sector has been seeing tremendous growth throughout the past year. This has led Tether’s daily transaction value to nearly flip that of…
Analysis
Options market predicts chance of Bitcoin hitting all-time high in 2020 is 4%
Bitcoin’s multi-month consolidation phase is narrowing as the cryptocurrency now trades between $9,100 and $9,200. The incredibly low volatility that has come about as…
DeFi
How Chinese crypto investors may help fuel the DeFi sector’s rise
The decentralized finance sector has been grabbing the attention of crypto investors throughout the past couple of months, as virtually every associated token has…
Analysis
CME futures traders widely bearish on Bitcoin as a big movement looms
Bitcoin’s ongoing consolidation phase has been perpetuated by limited liquidity and cratering trading volume. This has caused the cryptocurrency to trade within the lower-region…
Analysis
Why the Cloudflare DNS outage caused a sharp decline in Bitcoin transactions
Cloudflare’s 1.1.1.1 DNS service saw a major outage yesterday that caused many websites to become unreachable, including multiple cryptocurrency exchanges and web-based Bitcoin wallets.…
Analysis
Blockchain analytics shows Twitter hackers are about to cash out Bitcoin proceeds
The attack on Twitter that took place earlier this week has once again made Bitcoin a topic of mainstream discussion – but not for…
Analysis
This economic model suggests Ethereum’s price will be boosted by DeFi’s growth
The Ethereum network has been seeing some of its heaviest utilization ever throughout the past couple of months. Most of this fresh on-chain activity…
Analysis
Bitcoin’s options skew suggests traders are anticipating a sharp decline
Bitcoin’s consolidation trend at the lower boundary of its long-held trading range isn’t showing any signs of letting up anytime soon. This isn’t stopping…
DeFi
Declining Compound yields may be fueling COMP’s intense downtrend
Popular DeFi protocol Compound (COMP) has been seeing a massive influx of new users since its launch late last month. The hype surrounding this…