Analysis
Expertise
Joseph Young Recent Articles
DeFi
Why Ethereum locked in DeFi plunged $600m after intense 57% ETH drop
The total amount of Ethereum (ETH) locked in decentralized finance (DeFi) platforms plunged by more than $600 million since February 16. It coincided with…
Analysis
XRP is now nearing 3-year lows: what’s behind the massive correction?
The price of XRP is nearing a three-year low, hovering at around $0.15. Last week, XRP fell to as low as $0.114, which it…
Exchanges
Ethereum deposits exceeds previous record high; are whales cashing out?
Ethereum deposits on exchanges have exceeded its previous high in December 2018, when the price of ETH fell to as low as $89. Total…
Price Watch
Bitcoin price rises to $6,900: a point that kickstarted the last rally to $10,000
The Bitcoin price spiked to $6,900 on the day, rising to as high as $6,946 on BitMEX. The last BTC rally to over $10,000…
Analysis
Bitcoin price surging 26% in less than 2 days is worrying traders, here’s why
The Bitcoin price has increased by 26 percent within the past two days, rising from sub-$5,000 to as high as $6,400 across major crypto…
Analysis
Bitcoin is up 24% in 2 days, but it’s showing two key signs of a local top
The Bitcoin price has recovered by 24 percent in the last 32 hours from around $4,394 to $5,500. It has since stabilized at $5,300,…
Stablecoins
Binance stablecoin’s exponential growth shows crypto investors are flocking for safety
Binance's BUSD has become the fifth largest stablecoin by market capitalization, as investors flock to stablecoins for safety amidst extreme volatility in both the…
Analysis
Aftermath of bizarre Bitcoin crash: BitMEX overtaken by FTX and Deribit in Ethereum futures
BitMEX, one of the largest cryptocurrency futures exchanges in terms of daily volume, has fallen behind OKEx, FTX, Deribit, Huobi, and Bybit in Ethereum…
Analysis
Trader warns institutions won’t ever invest in Bitcoin large-scale due to the overnight plunge
The Bitcoin price plummeted by 50 percent on March 12 in a steep sell-off, and one cryptocurrency trader said that it could eliminate the…
Mining
Bitcoin hashrate barely dropped after price crash to $3,600: here’s why it’s a positive sign
The hashrate of the Bitcoin blockchain network barely flinched as the price of BTC plummeted to $3,600, by around 50 percent within a 24-hour…
Analysis
900-Point Dow Futures upsurge triggers a massive Bitcoin rally
The Bitcoin price has recovered from $3,600 to over $5,200, recording a 44 percent recovery within merely hours. The upsurge coincided with a 900-point…
People
Edward Snowden: ‘this is first time in a while I wanted to buy Bitcoin’ for this reason
American whistleblower Edward Snowden said that this is the first time in a while he wanted to buy Bitcoin. Snowden suggested that the Bitcoin…