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According to IntoTheBlock, 99.99 percent of Ethereum addresses are at a loss or break-even after ETH’s weeks-long decline, a rally that has seen the second-largest cryptocurrency by market capitalization shed more than 23 percent in USD terms since the start of the month. While the crypto market has in recent weeks seen red across the […]

Much to the chagrin of Bitcoin’s bulls, the cryptocurrency has remained in a firm downtrend over the past several weeks, which has now resulted in BTC pushing up against its key near-term support level, with a break below this price opening the gates to significantly further losses. Interestingly, one prominent crypto-focused analyst is now noting […]

In June, when Bitcoin was soaring above $10,000, nearly every trader and their mother expected the cryptocurrency to continue rocketing higher. Indeed, at the time, the asset was poised to take on its previous all-time high while emotions were riding high — a perfect combination for the price to go vertical. Though, one analyst incessantly […]

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 by Adaptive Fund partner Willy Woo, on-chain fundamentals determine the long term trend of a cryptocurrency like Bitcoin and short term price movements are primarily dictated by margin trading platforms such […]

Since 2017, the price of XRP has held up well above an important long-term support level at $0.19. However, earlier this week, the XRP price was at risk of breaking below this key support level for the second time this year. When the previous strong support level at $0.30 was breached, the XRP price fell […]

Bitcoin has been caught in the throes of a volatile trading session over the past several weeks, which has resulted in it erasing virtually all of the gains that were incurred during the late-October pump and has opened the gates to potentially further near-term losses. In spite of this short-term bearishness, analysts and investors alike […]

On Nov. 21, crypto industry publication The Block released a story entitled “Binance’s Shanghai office shut down following police raid, sources say.” The article quickly blew up on Twitter, with some going as far as to suggest that it contributed to the recent collapse of the Bitcoin price, which now sits at $7,250 as of […]

Over the last week, $50 billion were wiped off the total crypto market capitalization. The losses are visible throughout most cryptocurrencies in the industry. Now, it seems like the carnage could be over, or at least temporarily paused. In fact, Stellar Lumens, TRON, and Cardano are signaling a rebound from the current price levels after […]

Over $20 billion have been wiped off Bitcoin’s market cap in the last few days. The flagship cryptocurrency went from trading around $8,000 on Wednesday to a low of $6,800 today. As the sell-off continues, IntoTheBlock believes that several blockchain analytics factors can explain this drop. Meanwhile, CryptoSlate takes a technical approach. Bitcoin blockchain analytics […]

The long-awaited balance snapshot for Cardano’s Shelley incentivized testnet was an overwhelming success. Charles Hoskinson, the CEO of IOHK, said that the company managed to achieve a lot in a short period of time even though it was facing issues during the check. Successful balance check will enable a smooth network snapshot It seems that […]