Apr 5Wed Apr 05 2023ETH has outperformed BTC and other altcoins as the Shanghai upgrade approaches. It spiked to $1940 before settling down. Also for gold, the physical type has been reaching ATH, pushing the volumes for tokenized gold to over $1 billion. Dogecoin soared (30%) after the normal Elon-Twitter-related activity. Other coins that…Cryptocurrency2 min readCryptocurrency2 min read
Apr 3Mon Apr 03 2023BTC is trading sideways, opening at $28.4k. The global market cap has been stable at $1.15 billion over the weekend. Thin liquidity in order books is leading to significant slippage. ETH, which is opening at $1.8k, has outperformed BTC for the week. XRP (7%) , ADA (12%), and XLM (17%)…Cryptocurrency3 min readCryptocurrency3 min read
Mar 30Thu Mar 30 2023BTC briefly crossed $29k before retrenching to $28.5k. Low liquidity is definitely helping the price movement. The altcoin season, which usually follows a BTC pump, is still not on the horizon. The bitcoin hashrate has also climbed to an ATH of 330 TH/s, showing some stabilization among the miner community…Bitcoin2 min readBitcoin2 min read
Mar 23Thu Mar 23 2023Yesterday, the Fed delivered on its dovish hike of 25 bps and it downgraded its views of further increases to “some additional policy firming” from “ongoing increases in the target range.”. However, while Powell insisted that US banks are well capitalized and sound, Yellen announced in front of the Senate…Crypto3 min readCrypto3 min read
Mar 21Tue Mar 21 2023BTC opened at $28.2k in an early morning push from $27.2k overnight. ETH soon followed and traded at $1.8k. The CEXs have seen the trade volumes balloon up last week ($45 billion), but are still below the $80 billion during the FTX collapse. Also, the liquidity on exchanges is shallow…Cryptocurrency2 min readCryptocurrency2 min read
Mar 20Mon Mar 20 2023It’s good to be the king. BTC crossed $28k over the weekend and, in the process, added more than $100 billion. ETH underperformed (-1%) as whales moved big chunks to exchanges. MATIC is also down 3%, while SOL is up 6%. Digital assets ETPs saw a sixth consecutive week of…Bitcoin2 min readBitcoin2 min read
Mar 17Fri Mar 17 2023BTC briefly touched $27k before opening at $26.7k this morning. BTC is up 60% year to date and 30% week to date, but it is still down 35% from a year ago.BTC dominance has increased to 47% while the global market cap has increased to $1.09 trillion. ETH relatively underperformed…Cryptocurrency2 min readCryptocurrency2 min read
