Inflows into crypto investment funds have resumed after a brief hiatus two weeks ago, as evidenced by CoinShares’s latest analysis. According to James Butterfill, Head of Research at CoinShares, digital assets saw a net inflow of $103 million last week, as the wider crypto industry went through a few days of bullish sentiment. This is…
Nobody could argue that 2022 was anything but a bear market. After Bitcoin reached an ATH in November of 2021 we saw the bear market develop in classic fashion by losing support at key technical levels. While the bear was playing out in somewhat predictable fashion, the market was caught off guard by the events…
The past few weeks have been a rollercoaster ride for Ethereum. Buoyed by a waning Bitcoin dominance and an influx of traders seeking greener pastures, Ethereum’s price surged towards critical resistance levels near $2,500. Yet, a palpable anxiety lingers in the air, fueled by questions about Ethereum’s long-term scalability and the increasing chorus of bearish…
ATOM has ascended to the summit of network activity within the inter-Blockchain ecosystem. However, upon closer inspection, the narrative surrounding Cosmos unveils a more nuanced story. Despite the accolade of being at the forefront of blockchain network activity, a discerning analysis reveals a dip in actual user engagement and transaction volumes. Surprisingly, against the backdrop…
In the prevailing bearish backdrop of the broader cryptocurrency market, NEAR Protocol (NEAR) emerges as a noteworthy exception, showcasing remarkable resilience and defying the prevailing downtrend. Its trajectory has been one of sustained upward momentum, a trend that notably took root around mid-December and has continued to gather strength. Unlike the general market sentiment characterized…
In a remarkable display of bullish movement, the smart contract blockchain VeChain, and its native token VET have emerged as significant players in the altcoin rally, experiencing an impressive surge of 77% since the end of November. Over the past seven days, VET has recorded a substantial 33.5% increase, with an additional 5.4% surge in…
Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to Charles Dicke’s classic “A Christmas Carol” and gathered a group of experts…
The Shiba Inu faithful have reason to wag their tails. Over the past few days, the meme coin has witnessed a surge in buying pressure, hinting at a potential bull run. But should investors unleash their inner Doge and start digging for bones, or is this just a fleeting frenzy? Further fueling the fire is…
XRP has been under a cold spell in December for years, with red charts and cold winds every year. Some buyers are still scared about the market because they remember the 66% drop in 2021. The sounds of 2018, a year with an amazing 800% rise, sound like a faraway Christmas carol. They remind the…
The price movement of XRP has had its ups and downs this year, reflecting the volatile nature of cryptocurrencies. The crypto has increased by 74% this year, following the general bullish sentiment among cryptocurrencies. XRP went on a noticeable price spike in the middle of the year, although the price increase is currently calm and…