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cryptocurrency February 29, 2020

Ethereum [ETH], like many other alts, has been under a lot of downward pressure in the market. However, unlike the world’s largest cryptocurrency, Bitcoin [BTC], the coin has been reporting 76.31% Year-to-Date return. Ethereum’s value at the beginning of the year was $133.24, but at press time, was being traded at $230.21. In fact, in […]

cryptocurrency February 28, 2020

Ethereum aka the world computer is considered to be the leader of altcoins; partly due to its emergence as a top altcoin and partly due to its popularity. However, even with its massive market cap and popularity, it can’t seem to get away from Bitcoin’s crash. Advertisements At press time, Ethereum’s triple top had been […]

cryptocurrency February 28, 2020

Bitcoin has evolved over the course of the decade. From what was once called imaginary Internet money at the onset, Bitcoin today has positioned itself as a leading digital asset that even traditional financial institutions are taking seriously. Advertisements In fact, according to CoinMarketCap, Bitcoin dominates the crypto-space with a gargantuan market cap of over […]

cryptocurrency February 27, 2020

As the cryptocurrency market recovers from the drastic fall on 25 and 26 February, the Futures market has a novel story to tell. While on one hand, Bitcoin Futures are seeing reduced Open Interest, on the other hand, Ethereum Futures are reflecting new great momentum in its daily volume. Advertisements According to the data provider, […]

cryptocurrency February 27, 2020

As the price of the king coin surrendered under the selling pressure, other altcoins followed its lead. Ethereum, the world’s second-largest cryptocurrency and a highly correlated asset to Bitcoin, fell by 10.54% within three hours as its vale shrunk from $240.47 to $215.13. As the price of the coin was collapsing, BitMEX noted liquidations worth […]

cryptocurrency February 27, 2020

The addition of the Futures market for cryptocurrencies has allowed many investors on the sidelines to jump into the field. Perhaps, the first perpetual contract by BitMEX started it all. Now, as of 2020, there are multiple exchanges offering such products, including Binance, FTX, and Deribit, etc. Advertisements These products have clearly contributed to the […]

cryptocurrency February 27, 2020

Grayscale’s Ethereum Trust [ETHE] hit a premium of 465% a few days after the spot prices rallied to a local top. ETH’s spot price hit a new yearly high ($289) on 15 February 2020. 10 days later, Grayscale Ethereum trust’s market price per share surged to $143.75, possibly due to demand from institutional investors. Advertisements […]

cryptocurrency February 27, 2020

Like a crashing wave, Bitcoin’s spot price has been on a downward motion over the past few days. While sellers are closing their positions, the low price of the crypto-asset has been quite inviting for many. On 26 February, Bitcoin was recuperating from the fall on 25 February, but as the buyers tried to stabilize […]