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With the crypto markets stabilizing after a recent short squeeze and a look at how crypto developers are spending more time optimizing than innovating, CoinDesk’s Markets Daily is back with the latest news roundup. ... lees verder
Bitcoin price action might not reflect it, but the leading cryptocurrency by market cap could be massively undervalued, according to a variety of fundamental metrics that focus on coin issuance. These tools are widely known, but when combined paint a clear picture that backs up any chance that the top coin by market cap is actually undervalued at $40,000 per BTC. Speculative Boom And Bust Cycles And The Impact On Perception Of Value Any asset – be it stock, currency, commodity, or otherwise – goes through boom and bust cycles; bull and bear markets. These cycles are more rapid and take place ... lees verder
From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins. ... lees verder
Technical data suggests lower support around $34,000 could stabilize the current pullback. ... lees verder
Uniswap’s removal of a set of assets from its interface has the community asking just how decentralized is the platform. ... lees verder
Ethereum outperformed bitcoin and rallied above the $2,550 resistance against the US Dollar. ETH price tested $2,700 and it is now correcting gains. Ethereum rallied towards the $2,700 level before it started a downside correction. The price is still trading above $2,500 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to start a fresh increase from $2,500 or $2,450 in the near term. Ethereum Price is Correcting Gains Ethereum formed a support base above $2,4 ... lees verder
Data underscores that It’s not that easy to win over a crypto trader’s heart. ... lees verder
Analysts expect bitcoin to pause at around $40K before its next leg up. ... lees verder