Cryptocurrencies

IMF Boss Says Europe Can Avoid Debt Trap, Difficult to Believe in Crypto as Money
Cryptocurrencies

IMF Boss Says Europe Can Avoid Debt Trap, Difficult to Believe in Crypto as Money

IMF Chief Kristalina Georgieva said that Europe could reverse getting into a debt crisis. She further warned about the risks associated with cryptocurrencies.

Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population
Cryptocurrencies

Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population

Crypto adoption continues to experience an uptick, given that users are currently at the 300 million mark.

Bitcoin Fear & Greed Index Indicates Extreme Fear, Suggesting Considerable Uncertainty in the Market
Cryptocurrencies

Bitcoin Fear & Greed Index Indicates Extreme Fear, Suggesting Considerable Uncertainty in the Market

Market analyst Lark Davis believes that FUD (fear, uncertainty & doubt) has engulfed the BTC market based on the fear & greed index.

Bitcoin’s Circulation Hits a 2-Month High, Suggesting Price Could Follow Suit
Cryptocurrencies

Bitcoin’s Circulation Hits a 2-Month High, Suggesting Price Could Follow Suit

On-chain metrics provider Santiment believes that Bitcoin’s price could witness a surge given that its circulation reached levels last seen in July.

Bitcoin Supply on Exchanges Slip to Lows Last Seen in May 2019 Amid the Lightning Network Recording Exponential Growth
Cryptocurrencies

Bitcoin Supply on Exchanges Slip to Lows Last Seen in May 2019 Amid the Lightning Network Recording Exponential Growth

Bitcoin (BTC) supply on crypto exchanges has been nosediving because it hit a 28-month low.

Morgan Stanley Sees Crypto-Focused Bank Silvergate Shares Gain Up To 52% Rise on Positive Business Update
Cryptocurrencies

Morgan Stanley Sees Crypto-Focused Bank Silvergate Shares Gain Up To 52% Rise on Positive Business Update

Morgan Stanley believes that the shares of crypto-focused bank Silvergate bank are underrated and gives a fresh valuation of the stocks owned by Silvergate.

Bitcoin Spot Exchange Reserves Dropped by 12,500 BTC in the Past 2 Weeks, Suggesting the Dip is Being Bought
Cryptocurrencies

Bitcoin Spot Exchange Reserves Dropped by 12,500 BTC in the Past 2 Weeks, Suggesting the Dip is Being Bought

Bitcoin Spot Exchange Reserves were down by 12,500 BTC in the past 2 weeks as price fell by 25%.

Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH
Cryptocurrencies

Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH

Ethereum has been experiencing an uptick in different activities, despite the crypto market bleeding triggered by factors like a major liquidity crisis witnessed by leading Asian property developer China Evergrande.

Bitcoin Transaction Volumes Continue to Reflect Trickling in of Big Money
Cryptocurrencies

Bitcoin Transaction Volumes Continue to Reflect Trickling in of Big Money

Institutional-sized investments continue trickling in the Bitcoin (BTC) network, which is bullish.

Bitcoin Futures Perpetual Funding Rate Turns Positive as BTC Balance on Exchanges Slip to a 3-Year Low
Cryptocurrencies

Bitcoin Futures Perpetual Funding Rate Turns Positive as BTC Balance on Exchanges Slip to a 3-Year Low

A surge in Bitcoin's price has been instrumental in flipping BTC futures perpetual funding rate positive.

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