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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
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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
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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
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Technical data suggests lower support around $34,000 could stabilize the current pullback. ... lees verder
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Uniswap’s removal of a set of assets from its interface has the community asking just how decentralized is the platform. ... lees verder
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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
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Data underscores that It’s not that easy to win over a crypto trader’s heart. ... lees verder
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Analysts expect bitcoin to pause at around $40K before its next leg up. ... lees verder