• The token price of Cardano [ADA] decreased as the short-term outlook calls for consolidation. • Traders remain enthusiastic about the token due to its performance in March, outperforming top-ranking cryptocurrencies like Bitcoin [BTC]. • The Market Value to Realized Value Ratio (MVRV) and Open Interest (OI) indicate bullish sentiment with a positive ADA funding…
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BitMEX co-founder Arthur Hayes predicts Bitcoin will be worth $1 million in the next two-three years. He believes that the U.S. Federal Reserve’s new Bank Term Funding Program (BTFP) will help boost crypto prices. Arthur Hayes recently spoke on a Bankless podcast hosted by David Hoffman. During his interview, he shared his take on the…
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• Binance Coin [BNB] reacted extremely positively over the past two days of trading and gained 20.5%. • On the daily timeframe, the market structure for Binance Coin seemed to be bullish once more, with a strong confluence of support at $292. • The rising spot CVD underlined strong demand but Open Interest had dipped…
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• The US government has started to move its Bitcoin holdings, causing FUD in the market. • Short-term holders have exited their positions while long-term holders stayed put. • Despite the FUD, Bitcoin has outperformed gold, silver, U.S equities and the U.S Dollar index U.S Government’s BTC Holdings Started To Move The U.S government’s massive…
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Overview • TRON’s transactions per second (TPS) has surpassed other major cryptocurrencies such as Ethereum [ETH], Bitcoin [BTC], and Ripple [XRP]. • The number of active accounts on the Tron network increased substantially over the past few days. • Despite a surge in activity, the total value locked (TVL) on the TRON network declined. Increasing…
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