Cryptocurrencies

Ethereum’s Crowd Sentiment Hits a Two-Month High as ETH 2.0 Surpasses 200,000 Validators
Cryptocurrencies

Ethereum’s Crowd Sentiment Hits a Two-Month High as ETH 2.0 Surpasses 200,000 Validators

Ethereum recently jumped above the $2,400 level, triggering crowd sentiment on Twitter to hit a two-month high, as acknowledged by on-chain metrics provider Santiment.

Cryptocurrency Has No Inherent Worth, But Creates Trading Opportunities for Businesses, Says Man Group CEO
Cryptocurrencies

Cryptocurrency Has No Inherent Worth, But Creates Trading Opportunities for Businesses, Says Man Group CEO

Luke Ellis, the CEO of Man Group, admitted that cryptocurrencies have no inherent value, but their volatility makes them good trading instruments.

Bitcoin Funding Rate Flips Positive as 2.1 Million BTC Return to Profitability
Cryptocurrencies

Bitcoin Funding Rate Flips Positive as 2.1 Million BTC Return to Profitability

BTC funding rate flipped positive based on Bitcoin's upward momentum.

Bitcoin’s Supply Squeeze May Just Start after BTC Surpassed $40K Level
Cryptocurrencies

Bitcoin’s Supply Squeeze May Just Start after BTC Surpassed $40K Level

Bitcoin has surpassed above 40K before falling back above the $36.8K level. On-chain analyst Will Clemente believes that BTC’s supply squeeze is just getting started.

Goldman Sachs Applies for a DeFi and Blockchain ETF to Optimize Investment Results
Cryptocurrencies

Goldman Sachs Applies for a DeFi and Blockchain ETF to Optimize Investment Results

Banking giant Goldman Sachs applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission intended to maximize investment results based on the performance of the Solactive DeFi and Blockchain index.

Bitcoin Mild Volatility Lower than the Other Leading Cryptocurrencies in 2021
Cryptocurrencies

Bitcoin Mild Volatility Lower than the Other Leading Cryptocurrencies in 2021

Crypto analytic firm CryptoCompare acknowledged that BTC’s volatility had been relatively lower compared to other leading cryptocurrencies, such as Ethereum (ETH), Ripple (XRP), and Cardano (ADA).

Bitcoin’s Hashrate Rebounding after Engaging a 50% Drop
Cryptocurrencies

Bitcoin’s Hashrate Rebounding after Engaging a 50% Drop

Bitcoin’s hashrate seems to be on an upward trajectory after nosediving by 50% amid an intensified crackdown on crypto mining by Chinese authorities.

Ethereum Outflows from Exchanges Continue Increasing Amid a Roaming Supply Squeeze
Cryptocurrencies

Ethereum Outflows from Exchanges Continue Increasing Amid a Roaming Supply Squeeze

A holding tendency continues to be illustrated in the Ethereum network based on ETH outflows from crypto exchanges.

Amazon Hires Cryptocurrency Talent to Enhance Crypto Payment Experience for Customers
Cryptocurrencies

Amazon Hires Cryptocurrency Talent to Enhance Crypto Payment Experience for Customers

E-commerce giant Amazon is hiring a digital currency and blockchain expert, hinting that the company may soon launch a new service that enables its users to pay for online products and services using cryptocurrencies.

BTC Leaps Over 12% to Six-week High, Analysts Predicts Individual Trades Could Influence on the Bitcoin Market
Cryptocurrencies

BTC Leaps Over 12% to Six-week High, Analysts Predicts Individual Trades Could Influence on the Bitcoin Market

Bitcoin leaps over 12% to a six-week high on Monday morning in the Hong Kong section, rebounding to $38,643.13 in the past 24 hours. Prior to the latest surge, on-chain metrics provider Santiment believes that individual trades will significantly impact the BTC market based on low daily trading volume.

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