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Thomas Thornton, the head of Hedge Fund Telemetry, has made the headlines for his accurate predictions regarding the direction of Bitcoin’s trend. Relying on the Tom Demark (TD) sequential index, the former portfolio manager forecasted some of the most profitable tops and bottoms that the flagship cryptocurrency has had over the past months. In mid-December […]

Cryptocurrency payment platform Crypto.com announced the launch of a special Bitcoin halving offer set to take place on 06:00 UTC, May 12. All users of the platform will be able to participate in the event and get the opportunity to buy Bitcoin at a 50 percent discount without having to necessarily stake Crypto.com’s native cryptocurrency, […]

Just six weeks after Bitcoin crashed to $3,700, the cryptocurrency has started to push $8,000 — more than 115 percent higher than the March lows. It’s a reversal that has shocked analysts, to say the least, as many expected BTC (and stocks for that matter) to fall once again as the COVID-19 outbreak has worsened. […]

Years after their respective forks, both Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV) have remained at the top of this nascent market, representing the fifth and sixth largest cryptocurrencies, respectively. It’s clear, then, that the market places some value in these Bitcoin forks. But a top investor in the cryptocurrency and blockchain space — […]

Cryptocurrency exchanges and retail traders alike felt the effects of Bitcoin’s sudden fall in March 2020. While the latter may have lost significant capital on long positions, the drop has compelled exchanges to exist in an institution-less and low-volume environment. Bitcoin’s rollercoaster drop On March 12, Bitcoin traders witnessed what was the largest single-day drop […]

Bitcoin saw a technically significant uptrend today that allowed it to erase virtually all of the losses resulting from the meltdown it faced in mid-March. Its $1,000 climb today sent shockwaves throughout the crypto market, leading many altcoins to post notable gains. This uptrend comes after what appears to be a month-long bout of extreme […]

Bitcoin saw a notable overnight upswing that allowed it to climb as highs as $8,400, finding some stability around this price level as bears struggle to defend against the heavy buying pressure that has been driving this movement. An interesting byproduct of this bull-favoring volatility has been diving open interest (OI) – likely resulting from […]

DeFi platform FinNexus and crypto exchange Bitrue announced on April 27 their joint initiative to incorporate asset tokenization services on Ripple’s XRP ledger platform and the Wanchain blockchain. Interoperable services on XRP The announcement points out the lack of asset-backed tokens in the broader cryptocurrency market, a gap that DeFi services like FinNexus aim to […]

In the latest episode of the “Untold Stories” podcast, host Charlie Shrem discussed the topic of adoption in crypto with Charles Hoskinson, the founder of Cardano. The two agreed that the loss of faith in government institutions has set a good foundation for cryptocurrencies to step in, which means that more effort needed to be […]

With the deepening global crisis, no markets have been spared. The volatility of ‘black Thursday’ in March saw all markets nosedive from traditional stocks to Crypto. DeFi was particularly hit with more than $8mn of Maker loans liquidated as the price of ETH plummeted by 50 percent. Yet, experts in the space not only believe […]