Analysis
Is Bitcoin Vs Gold Correlation Still Relevant in 2021? Mike Ermolaev Explains
I will provide some insights into what these two assets have in common and how they differ, as well as examine their correlation.
DeFi Users on Ethereum Hit 4M for the First Time
Ethereum DeFi users reached a historic high of 4 million based on continued adoption.
Ethereum Layer 2 Continues to Gain Steam as ETH Realized Capitalization Soars
Ethereum layer 2 seeks to address the challenge of scalability, given that it’s a distinct network running on top of Ethereum Mainnet (layer 1).
Crypto Market Overview: Reasons Behind BTC Fall, Top Monthly Gainers
In my opinion, this is just a pullback as Bitcoin gathers power before making its next leap to new highs.
Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record
Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.
Bitcoin Supply in Profit Drops to 83%, Short-Term Holders Blamed to be the Primary Culprits
The current retracement has triggered a 17% loss in Bitcoin supply, with short-term holders who bought the top to be blamed as primary culprits.
Ethereum’s Open Interest Surges to Historic Highs of $13B
Ethereum's open interest has been rising in tandem with the price based on their strong correlation.
Bitcoin Might Explode Soon as Bollinger Bands Continue to Shrink
On-chain analyst Matthew Hyland believes the current consolidation in the Bitcoin market might be the calm before the storm because the Bollinger Bands (BB) have shrunk to levels last seen in October 2020 when the price was at $10,000.
El Salvador Plans to Build 20 New Schools by Using Bitcoin Profits
El Salvador has started reaping from its Bitcoin investment because profits have started being channeled towards infrastructural development.
The Tale of Ethereum’s 6-Year Journey from Lows of $0.4 to Highs of $4650
ETH has shined so far this quarter because after setting an all-time high (ATH) of $4,400 recently, it soared to new historic highs of $4,650.