Critical Social Volume Trend Shows Ethereum Could Be in Accumulation

Ethereum’s price has slipped lower over recent weeks as other markets have also slumped. Simultaneously, activity on the blockchain itself has slowed as yield farming opportunities have dried up, with many reaching a point where they became grossly unsustainable. This may not be the end of the world, though, as …

These Bullish Factors Suggest Bitcoin is Poised to Post an Explosive Move Higher

Bitcoin’s price has remained steady despite the crypto market being struck multiple blows by recent developments Last week, the market faced a $150m KuCoin hack, which was closely followed by the CFTC charging the BitMEX co-founders The weakness created by these events was compounded by turbulence within the stock market …

Institutions Increase Short Exposure to Bitcoin Futures Amid Uncertainty

Bitcoin’s price action has been weak over recent weeks as uncertainty has spread about all markets. From the local highs, the cryptocurrency is down nearly 20%. Institutional traders on the CME have increased their short exposure to Bitcoin futures over recent weeks. The metric is not down a lot but …

Ethereum Likely to See a “$300 Test” as Short-Term Structure Flashes Warnings

Ethereum’s short-term market structure has been flashing some signs of weakness as of late Although the cryptocurrency has mainly been consolidating and has lacked directionality, there is currently significant uncertainty within the entire crypto market This could continue perpetuating investor fear, potentially causing assets like ETH to see further downside …

Going Cashless Isn’t Straightforward. Ask Sweden, or Zimbabwe

Chris Vasantkumar, Lecturer in Anthropology, Macquarie University. ____ “No Cash Accepted” signs are increasingly common in Australian shops, thanks to COVID-19. Even before the pandemic struck, though, we were well along the cashless path, with demand for coins halving between 2013 and 2019. For the most part Australians have taken …

What And How ‘Slow’ Bitcoin Wins In The Storm Of Crypto Innovations

Crypto is one of the most innovative and groundbreaking technological developments to have occurred in recent history. The question is: is crypto still innovative, and are new cryptoasset platforms being increasingly expected to provide significant technical improvements over their predecessors? According to experts speaking to Cryptonews.com, some people are always …

Mexico Receives 11% of All LATAM Retail Crypto Payments – Report

Mexican firms and individuals have reportedly processed 11% of all the retail payments made in crypto in Latin America from July 2019 to the same month in 2020 – with most of the crypto used in these transactions originating in the United States. According to El Economista, Chainalysis expert Daniel …