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Stocks aren't the only market setting new records these days. There's also a huge boom taking place in decentralized finance or DeFi. More than $9 billion in transactions were in the DeFi market today, according to the website DeFi Pulse. That's up more than 700...
Summary Bitcoin (BTC) and Ethereum (ETH) drifted lower after multi-week gains.Precious metals and cryptocurrencies continued to trade in lockstep. Market Trends This Week Bitcoin (BTC) and Ethereum (ETH) saw some selling pressure early this week before rallying to...
Bitcoin is having its worst week in over three months. Is it a bargain? Let's review a common valuation model for perspective -- the "stock to flow" model. The Stock-to-Flow model attempts to value BTC in a way similar to other scarce assets like gold and silver. Its...
Summary Bitcoin (BTC) and Ethereum (ETH) continue to maintain strong uptrends.Precious metals are in focus as BTC and gold (@gc) show correlation. Market Trends This Week Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, continued their bullish...
Summary Bitcoin (BTC) took out the $10,000 level for the first time in 6 weeks.Ethereum (ETH) and BTC prices surpassed long-term resistance. Market Trends This Week Last week, Ethereum (ETH) took a leadership position breaking-out of the recent low volatility period...
Summary U.S Treasury (UST) okays crypto custody for U.S banks after drawn-out debate. Ethereum (ETH) prices exploded out of recent price consolidation.Precious metals rocketed higher, led by Silver. Market Trends This Week Ethereum (ETH) saw fireworks late this week...
Summary Bitcoin (BTC) prices waivered this week as the hash rate hit new highs.Alt Coins showed relative strength in comparison to Bitcoin.Cryptocurrency markets reacted positively to signs of an economic recovery in China. The price of Bitcoin (BTC) continued its...
Summary Cryptocurrencies were flat on the week, as range-bound action persists.Bitcoin (BTC) held onto price support near the $9,000 level.Concerns remain about a second wave of the Corona Virus. Bitcoin (BTC) continued to trade in a rather quiet, choppy fashion....
Summary Investors around the world continue to focus on the latest Covid-19 numbers.Global monetary policy sees little change.Bitcoin (BTC) picked up where it left off last week and traded in a sideways manner. Bitcoin (BTC) traded in an apprehensive manner this week,...