Ether could outperform Bitcoin after spot ETF launch: Kaiko

Ether’s supply on crypto exchanges has dropped to its lowest level since November 2015, leading some analysts to predict a major price rally despite recent bearish sentiment. “Ethereum's holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015),” crypto analytics platform Santiment said in

The monthly RSI of Bitcoin has surpassed 80, which historically led to larger rallies in the past. 387 Total views 3 Total shares The monthly relative strength index (RSI) of Bitcoin (BTC) shows the dominant cryptocurrency is primed for another rally.Is 2021 an ideal time for a Bitcoin rally?The RSI is a momentum indicator that…

RIF Labs — owner of bitcoin-based smart contract sidechain Rootstock (RSK) developer RSK Labs — has launched a third-layer scalability solution capable of processing up to 5,000 transactions per second. The news was revealed in a press release from RIF News on May 14.As reported, RSK Labs and its decentralized app (DApp) infrastructure protocols RIF…

A survey from crypto exchange Bitget featured more than 1,500 respondents across 20 countries. 180 Total views 12 Total shares Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards.According to a new survey by crypto exchange Bitget published on October 5, 46%, 44%, and 41% of respondents in

Beijing Sci-Tech Report (BSTR), China’s oldest media publication covering the tech industry, has announced it will offer subscriptions payable with Bitcoin (BTC), local media outlet Guangming reported Sunday, September 30.An evidently rare occurrence from China, were government pressure has forced crypto exchanges and Initial Coin Offering (ICO) operators to halt activities over the past year,…

Despite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane. 363 Total views 2 Total shares While key Bitcoin (BTC) metrics don’t paint a pretty picture, the bears could be running on fumes. Contrary to analysts warning that Bitcoin could dip to $38,000 “before an eventual breakout”, CoinShares and Arcane…

Institutional involvement in crypto, especially in Ethereum, has increased in 2022 despite the bear market, according to the latest findings of a Fidelity Digital Assets survey. 403 Total views 7 Total shares Institutions' investment in crypto has increased in 2022 despite the bear market, according to a recent survey by Fidelity Digital Assets. In particular, the…

According to Swan Bitcoin CEO Cory Klippsten, Bitcoin ETFs are set to replace the chaotic entry points tainted by flashy crypto marketing campaigns since 2017. 508 Total views 1 Total shares Swan Bitcoin CEO Cory Klippsten has suggested that spot Bitcoin (BTC) exchange-traded funds (ETF) will suppress the loud and flashy marketing strategies that have