Ethereum eyes 40% gains as ETH price fractal approaches final phase
ETH price could rise 40% from its bullish fractal pattern despite Ether’s sideways consolidation over the past week.
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ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021
From the very beginning of the cryptocurrency movement, the societal potential of Bitcoin (BTC) has been one of the fundamental selling points. The decentralized design of crypto-based systems introduces the possibility of bringing individuals together to work toward shared goals, as well as enabling them to pool resources while remaining insulated from outside control. 2021…

Alt winds of change? What an altcoin season would mean for crypto
A new alt season is here — at least, according to some crypto industry commentators. Over the last month, altcoins — aka cryptocurrencies that aren’t Bitcoin (BTC) — have surged in price, with projects such as Solana, Cardano and Polkadot seeing their tokens triple in value. However, though people are screaming “alt season” with an…

BitMEX Slips Behind Binance and OKEx for Bitcoin Futures Trading Volumes
Bitcoin (BTC) derivatives exchange BitMEX has fallen to third place in 24-hour trading volume for Bitcoin futures. Data from Skew analytics on March 23 reveals that the derivatives giant, founded by Arthur Hayes, is reporting $2.45 billion in 24-hour futures volume, as against Binance’s $2.48 billion and OKex’s $3.08 over the same time frame.24-hour trading volumes…

SEC likely to approve Bitcoin ETF in 1-2 years, says analyst
"We think we're likely to see one in the coming year or two, but we don't have a firm timeframe as to when the answer would be yes," said Todd Rosenbluth. 581 Total views 9 Total shares According to an analyst at CFRA Research, VanEck, Fidelity Investments, and Valkyrie Digital Assets may not see their…

Just 376 People Own 33% of the World’s Ether, Chainalysis Report Says
A third of the world’s ether (ETH) is owned by just 376 people, according to Chainalysis research published on May 15.Despite controlling a large portion of ETH’s circulating supply, the study found these “whales” are responsible for just 7% of all transaction activity.Chainalysis concluded that while these individuals don’t necessarily have a meaningful impact on ETH’s…

Up 150% Chainlink & Tezos Lead the Crypto Recovery but for How Long?
Any discussion over the current price action in the crypto market is likely to include some reference to Chainlink (LINK) and Tezos (XTZ). Both have seen some of the most volatile and massive flows of the past twelve months in the cryptomarkets. Since the Black Thursday crash on March 12, Chainlink has seen a surge of…

Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near
Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly dropping below $34,000 on Sunday after choppy behavior at the start of the weekend.A comedown from resistance at near $40,000…

Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data
Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs. 444 Total views 3 Total shares Own this piece of history Collect this article as an NFTFresh data from Glassnode demonstrates that Bitcoin's (BTC) Lightning Network is significantly cheaper to use than legacy payment networks. The median fee rate,…