
Joseph Young

Joseph Young Recent Articles

$13 billion in Bitcoin longs were liquidated in 2019; what does it mean for 2020?
For a second consecutive year, long liquidations dwarfed that of shorts by more than two-fold. In 2018, long liquidations reached $11 billion by the…

As major selling pressure for Bitcoin is absorbed, does it mean a relief rally is near?
According to analysts, selling pressure across major spot exchanges like Coinbase and Binance is getting absorbed. Technical analysts have become increasingly optimistic as Bitcoin…

Cardano (ADA) price drops to yearly low; here are the two main factors behind the decline
Despite seeing a consistent increase in developer activity and progress with its roadmap, Cardano (ADA) slipped to levels unseen since the Bitcoin price dropped…

Data shows Bitcoin investors are still hodling firmly despite price slump
According to data from the market intelligence platform Glassnode, most Bitcoin investors are unfazed by the volatile market and Bitcoin's abrupt 50 percent drop…

Coinbase Product Manager: DeFi to change market interactions; how will Ethereum benefit?
DeFi, short for decentralized finance, has started to get the attention of some of the biggest companies in crypto. At the Coinbase Winter 2019…

Bitcoin miner capitulation may be too early to determine as hash rate recovers
The threat of Bitcoin miner capitulation in the near-term has subsided, as the hash rate of the network recovered. Up until late November, the…

Why the world’s largest crypto exchange is expanding into Turkey
Binance, the world's biggest crypto exchange, is taking steps to expand into Turkey, an up-and-coming cryptocurrency market. Speaking to Cointelegraph, Binance CEO Changpeng Zhao…

Analyst: Current Bitcoin trend similar to when BTC price crashed from $6k to $3k
According to a cryptocurrency market analyst, the current Bitcoin price trend looks similar to when BTC crashed by more than 50 percent in November…

Data shows Binance Coin’s bullish sentiment is on the rise, can it translate to price?
According to the LunarCRUSH research team, social activity and bullish sentiment around Binance Coin (BNB) have risen to six-month highs. The price of Binance…

Key indicator shows its good time to accumulate as Bitcoin price touches $7800
As the Bitcoin price surpassed $7,500 on Nov. 27th, a key long term trend indicator showed that it is still a good period to…

XRP, EOS, and ADA dive 8%: Will the total crypto market cap drop further after 27% fall?
The price of XRP, EOS, Cardano (ADA), and other major cryptocurrencies have dropped by more than eight percent on the day, causing the total…

Will Ethereum’s “parabolic” DeFi growth be the main factor of ETH recovery?
Year-to-date, the price of Ethereum is down slightly from $155 to $148 and has been noticeably struggling to recover to 2018 levels. As said…