Crypto Research
1,813 Results
For a full copy of this report in PDF format please click HERE. MARKET ANALYSIS This week, Bitcoin gained some ground but largely still exhibited choppiness as it consolidated above $10,000. As of yesterday, Bitcoin has closed above the key level of $10,000 for 64 consecutive days, which is an all-time high. The previous all-time high was 62 consecutive days back in 2017-2018. At time of writing, Bitcoin is currently trading...
CRYPTO FEAR AND GREED INDEX The Fear & Greed Index for bitcoin and other large cryptocurrencies has reverted back to a more neutral level gaining 6 points from last weeks “fear” indication. Market volatility especially among DeFi protocols appears to be subduing sentiment as the crypto market cap remains in the green and has seen bitcoin rise back to $11,000 resistance levels. THE HEADLINES MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS...
I decided to change up the daily crypto pricing chart again and have added Polkadot (DOT), Cardano (ADA) and Chainlink (Link) – all three are now top 10 coins in terms on total market cap.. The total group identified above now equates to over 85% of the total market value of digital currencies. THE HEADLINES MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM
Note: _My API to Coinmarketcap. com is not linking this morning, sorry._ Bitcoin is trading at 10,604, up 2.67% Ether (ETH) is at $340 up 3.91% XRP (XRP) is at $0.23 up 3.5% Bitcoin Cash (BCH) at $211 up 0.28% Today is the 750th edition of the newer public format of Bitdigest –it was published as a basic email for the first year – and as I read through the news...
Highlights from the North American listed crypto, blockchain and mining stocks:Chinese miner Ebang International (NASDAQ: EBON) is the top performing publicly traded asset and only North American listed crypto and blockchain stock to report positive returns this week. Marathon Patent Group (NASDAQ: MARA) was the worst performer of the week posting a -20.8% return. The crypto miner reported that its announced LOI to acquire Fastblock Mining has been withdrawn and the company has subsequently hired a new investor...
For a full copy of this report in PDF format please click HERE. MARKET ANALYSIS This week, Bitcoin briefly traded above $11,000 before losing ground and ending the week down 1.9% at $10,455. Bitcoin has been exhibiting greater short-term correlation with the broader markets, which could be the primary reason for Bitcoin’s weakness in recent weeks. At time of writing, Bitcoin is currently trading at ~$10,500. Notably, Bitcoin’s decline corresponds with...
CRYPTO FEAR AND GREED INDEX The Fear & Greed Index for bitcoin and other large cryptocurrencies has slipped again dropping 8 points to 39. While many are calling for a new period of growth as institutional firms continue to turn to digital assets, bitcoin’s resurging volatility is bringing a cloud of fear back over retail crypto traders. THE HEADLINES MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM
ARGENTINA ADDS USD WITHHOLDING TAX Expect local crypto activity in Argentina to increase. The government of the South American nation, with a reported year to date low 40.6% inflation rate in July, has decided to impose a 35% withholding tax on purchases of US dollars and overseas credit card payments. Pharmaceutical and healthcare services, books, online research and education services, and spending on fire protection equipment has been omitted from the tax. THE HEADLINES...
Highlights from the North American listed crypto, blockchain and mining stocks:Chinese mining stock Ebang International (NASDAQ: EBON) is the top performer of the week generating a 8% increase in its stock price. EBON is the only company to outperform bitcoin (7.2% return) this week.Hive Blockchain (TSX: HIVE) reported year end results for fiscal 2020 generating income from digital currency mining – mining bitcoin (BTC), ether (ETH) and Ethereum classic (ETC) – of $29.2 million with adjusted...