
Joseph Young

Joseph Young Recent Articles

Early adopters called Bitcoin the “future of money” 9 years ago; it’s up 10,000x since
Bitcoin is now worth $161 billion, with strong infrastructure established by the world's largest financial institutions and conglomerates in the likes of Fidelity, CME,…

Central banks pumping billions in liquidity actually benefits Bitcoin, here’s why
Central banks all across Europe and Asia are busy injecting billions of dollars in liquidity to keep the stock market afloat. As Bitcoin is…

Bitcoin whale: crypto bear market could last for a few more years
Bitcoin is on the decline after an explosive two months. After seeing a drop of $61 billion, the crypto market may face years of…

Ethereum long contracts just hit a record high: how it can trigger a big correction
The Ethereum price is quickly pulling back with technical analysts seeing sub-$200 in the short-term. Despite being one of the top-performing cryptocurrencies in the…

These 3 key factors are making traders think Bitcoin retests the $6,500 bottom
The Bitcoin price has dropped by around 18 percent in the last two weeks and traders are fearing a steep correction to occur in…

A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect
Vladimir Potanin, one of the richest individuals in Russia and the CEO of metal conglomerate Norilsk Nickel, received approval from the Central Bank of…

Rising Bitcoin dominance may spell the end for altcoin crypto market rally for now
The dominance of Bitcoin is on the rise once again, amidst declining momentum in the crypto market. It puts the so-called “altseason” at risk…

CME Bitcoin expiration is imminent: Why does the crypto market tend to recover on its close?
The CME Bitcoin futures market will close at 4 pm UTC on Feb. 28. Every time the cryptocurrency market saw futures close in the…

As Ethereum crashed 15%, a staggering $3 million in DeFi loans got liquidated
The Ethereum price dropped by 15 percent against the USD from $278 to $210 within a span of four days. The abrupt drop in…

Why the Bitcoin price just dropped below $9k in steep reversal, liquidating $83 million in longs
The Bitcoin price just dropped below the $9,000 level, hitting $8,964 on BitMEX. The sentiment around the cryptocurrency market noticeably declined after BTC rejected…

Why is the Bitcoin price crashing in tandem with the Dow Jones?
The Dow Jones Industrial Average (DJIA) plummeted by 850 points upon opening, as fears towards the coronavirus outbreak hit its peak. Bitcoin also dropped…

Two $10 Million Bitcoin shorts opened at $10k: are whales anticipating a severe correction?
The bitcoin price recovered to around $10,000 right before the weekly close on February 24, closing at $9,945 on BitMEX. Almost immediately after it,…