Crypto-Analysis

After a fantastic price run hit a new all-time high of over $69,000 on November 10, Bitcoin’s price to drop to $55,705 just 9 days later. Though, Marcel Pechman sees 3 reasons why that significant drop may have been the local bottom. Bitcoin has been on a fantastic price run since the announcement of the…

Investment bank JPMorgan Chase has a notoriously uncertain attitude towards cryptocurrencies. On the one hand, the administration’s stance on the issue is very negative. On the other hand, the bank actually launched its own stablecoin – JPM Coin. It’s meant to satisfy the bank’s corporate clients who want access to digital money. JPMorgan Chase’s $…

Although the Bitcoin price dropped by nearly 20% in the last seven days, long-term Bitcoin investors, who bought at 2017 highs, have still not sold, data shows. According to the Hold Waves metric data, coins that last moved in the past six to 12 months now make up the most significant portion of the BTC…

Despite the impact of the pandemic, the survey conducted by Visa reveals that consumers in the UAE are gaining confidence in their shopping behaviors towards the local merchants, digital payments, online shopping, and cryptocurrencies. Also, 84% of UAE consumers know about cryptocurrencies, with about half of them seeing crypto as an alternative to cash. According…

Cardano saw positive inflows for last week, which put it ahead of other altcoins, CoinShares data reveals. Total inflows for the week had come out to $151 million, and Cardano inflows totaled $16 million in the same period. The total year-to-date inflows for the market have now hit a record $9 billion. However, the previous…

Decentralized finance is one of the most remarkable inventions of the cryptocurrency industry. We took on the difficult task of predicting the further development of this multifaceted phenomenon. One of the best ways to see the future of various technologies or markets is to put the question of their prospects to the industry specialists –…