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Weekly overview

This classic Bitcoin metric is flashing buy for first time since March 2020

  • Post author:admin
  • Post published:June 3, 2022
  • Post category:Weekly overview

The "Investor Tool" is now telling the market that "outsized returns" are due for anyone who buys Bitcoin now. Bitcoin (BTC) bulls may only need a pair of simple moving…

Continue ReadingThis classic Bitcoin metric is flashing buy for first time since March 2020

Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility

  • Post author:admin
  • Post published:June 3, 2022
  • Post category:Weekly overview

Ethereum's price action hangs around major swing lows despite the all-important Merge network upgrade. Analysis suggests ETH is discounted below $2,000. In a May 30 tweet, Ethereum (ETH) core developer…

Continue ReadingEthereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility

After record growth, VC crypto investments decline 38% in May

  • Post author:admin
  • Post published:June 3, 2022
  • Post category:Weekly overview

Venture capital investments in the crypto industry have almost doubled since last year, but are down 38.2% down since April. This short-term decline in investments can be correlated to the…

Continue ReadingAfter record growth, VC crypto investments decline 38% in May

3 key indicators traders use to determine when altcoin season begins

  • Post author:admin
  • Post published:June 3, 2022
  • Post category:Weekly overview

Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. It's widely accepted that the fate of the cryptocurrency market depends largely on the performance…

Continue Reading3 key indicators traders use to determine when altcoin season begins

CFTC sues Gemini claiming crypto exchange lied in futures contract evaluation

  • Post author:admin
  • Post published:June 3, 2022
  • Post category:Weekly overview

The agency says the exchange gave false information in person and in documents in its 2017 bid to be among the first to offer Bitcoin futures contracts. The United States…

Continue ReadingCFTC sues Gemini claiming crypto exchange lied in futures contract evaluation

Balancer launches on Ethereum L2 network Optimism

  • Post author:admin
  • Post published:June 3, 2022
  • Post category:Weekly overview

There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability. Automated market maker and decentralized finance (DeFi) protocol Balancer has officially…

Continue ReadingBalancer launches on Ethereum L2 network Optimism

$32K Bitcoin price could turn the tides in Friday’s $160M BTC options expiry

  • Post author:admin
  • Post published:June 3, 2022
  • Post category:Weekly overview

BTC price lost the momentum that had pushed it to $32,300 on May 31, but this week’s option expiry could help bulls recapture the key price level. Twenty-three agonizing days…

Continue Reading$32K Bitcoin price could turn the tides in Friday’s $160M BTC options expiry
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