Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an “alt season” just yet.
Category: market analysis
$420M in leveraged long traders liquidated after XRP rallies to $1.96
XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?
3 reasons why Elrond (EGLD) price soared above $245
Elrond price rallied to a record high as the project’s pivot toward NFTs and DeFi attracts new users and investors.
New milestone reached as 100 cryptocurrencies reach a $1B market cap
In the past two months, the number of crypto projects with a $1 billion market cap doubled as increased adoption pushes token valuations higher.
Blockchain-based renewable energy marketplaces gain traction in 2021
Blockchain projects focused on optimizing the energy sector are gaining traction as greater emphasis is placed on conservation and efficiency.
Bubble or a drop in the ocean? Putting Bitcoin’s $1 trillion milestone into perspective
Bitcoin is relatively small compared to stocks and real estate, and those holders might reinvest dividends in other assets.
Bitcoin futures premium hits 30% but analyst says ‘This time it’s different’
Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%.
Pro traders close Ethereum longs even after today’s $1.15B options expiry
Data shows pro traders who bought the Ethereum price dip below $1,600 are now booking profits even though today’s $1.15 billion options expiry was uneventful.
3 reasons why Bitcoin traders keep a close eye on the futures funding rate
Analysts frequently correlate a high perpetual futures funding rate with market crashes, but is this the best way to analyze the metric?
Bitcoin network’s computing power: Is it an accurate predictor of BTC price?
Drops in Bitcoin’s hash rate coincided with some big BTC price corrections in the past.