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Cryptocurrency's Predictable Patterns: ISM Peaks And Bitcoin Halving Insights
Tuesday, August 15, 2023 - 1:49pm | 556Kevin Kelly, co-founder and Head of Research at Delphi Digital has presented a compelling argument suggesting that the cryptocurrency market is on the brink of entering a new cycle. Drawing on historical data and patterns, Kelly highlighted the cyclical nature of the crypto market and its...
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Macro Guru Raoul Pal Says Stablecoins Make Up 18% Of Crypto Market Cap: 'Essentially Short The Upside Call'
Friday, January 13, 2023 - 8:30am | 499Raoul Pal, a former Goldman Sachs (NYSE: GS) executive and macroeconomic expert, said the cryptocurrency industry holds around 18% of its assets in cash, provided that stablecoins are taken as a valid surrogate for "cash on the sidelines". What Happened: Pal was referencing a graph...
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Dogecoin 'Relative' Nearing Key 'Bounce Long Area' Level, Says Analyst: 'Patiently Waiting For Opportunities'
Wednesday, December 7, 2022 - 10:47am | 376A popular crypto analyst said that the $78 mark will be a ‘bounce long area’ for Litecoin (CRYPTO: LTC). What Happened: Michaël van de Poppe, told his 642,000 followers on Twitter that he is “patiently waiting for opportunities on Litecoin.” At the time of writing, LTC...
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$1B Worth Of Ethereum Burned In 30 Days; 95% Net Reduction Makes It 'Hardest Money In The World'
Monday, January 31, 2022 - 9:44am | 627In the last 30 days, $1 billion worth of Ethereum (CRYPTO: ETH) has been “burned” or removed from circulation forever. What Happened: According to data from WatchTheBurn, over the last month 387,575 ETH have been burned. In the last thirty days a billion dollars worth of #ethereum...
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Ethereum Burning Intensified In January — Is The No. 2 Crypto About To Chart A Course To Recovery?
Thursday, January 27, 2022 - 2:21am | 383The amount of Ethereum (CRYPTO: ETH) burned soared in January leading to expectations of the lowest emission month. What Happened: Ethereum burns rose this month resulting in the largest daily deflation of minus 6823 ETH on Jan. 10, according to Delphi Digital data. The independent...