Joseph Young

Blog Info Bitcoinist.com
Blog Info CryptoSlate
Blog website Link
Blog website Link
Stats Has written 110 posts about cryptocurrency

Aug 17 2021

Polylauncher debuts with angel investment from Polygon co-founder

Aug 17 2021 Published at CryptoSlate under tags  investments polygon

Polylauncher, the first metaverse-focused launchpad in the crypto space, has launched on Polygon. It has announced an angel investment from Sandeep Nailwal, the co-founder of Polygon, along with several Asia-based venture capital firms....

Apr 22 2021

BSC mania: Binance & Mr. Beast invest in NFT marketplace Refinable

Apr 22 2021 Published at CryptoSlate under tags  analysis bnbusd investments nfts

Refinable is the first NFT marketplace on Binance Smart Chain (BSC), which has recently started to close the gap on Ethereum in terms of market valuation. The demand for Binance Smart Chain is evident in the daily transaction volume of the network and the valuation of projects on top of BSC. The investment from Binance and Mr. Beast indicates two things: the interest...

Apr 10 2021

Orakuru, a new Binance Smart Chain oracle, debuts with multiple audits

Apr 10 2021 Published at CryptoSlate under tags  tokens

Orakuru, an oracle protocol on Binance Smart Chain, recently completed a successful token sale on the fundraising platform KickPad. There was significant demand for the project early on, with the Bonus Private B round getting filled within 26 seconds over two blocks. Merely days after the launch of the ORK token, Orakuru has announced multiple audits of the...

Apr 01 2021

NFTs FOMO Lives On: New NFT Polkamon Trades at $140k at Launch

Apr 01 2021 Published at Bitcoinist.com under tags  ethereum ethusd nft nfts

Polkamon, the popular NFT and digital collectibles platform incubated by Moonrock Capital, saw one of its first NFTs trade for 75 ETH, worth more than $140,000. Top influencers and...

Feb 24 2021

Fund manager outlines 4 silver lining to recent Bitcoin sell-off

Feb 24 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt

The price of Bitcoin steeply pulled back yesterday, on February 23. Following the major 17% correction, investors and fund managers remain generally optimistic. What's behind the optimism towards Bitcoin? Typically, after such a large sell-off, the market sentiment often dwindles. However, in the case of Bitcoin in the last 24 hours, the market sentiment has improved significantly. Kelvin Koh, a partner at the...

Feb 19 2021

Why traders say Ethereum will continue to outperform Bitcoin in the short-term

Feb 19 2021 Published at CryptoSlate under tags  analysis btcusd edge ethusd

Traders are seemingly expecting Ethereum to continue to rack up gains against Bitcoin. The ETH/BTC pair has been rallying throughout the past two months, ever since ETH achieved a new all-time high. What's behind the optimism around Ethereum? There are several major technical and fundamental reasons behind the overall positive market sentiment around Ethereum. First, the CME Ethereum futures market listing has buoyed...

Feb 15 2021

Why Ethereum is stagnating behind Bitcoin after its rally to new record-high

Feb 15 2021 Published at CryptoSlate under tags  analysis ethusd price watch

The price of Ethereum is declining against both Bitcoin and the U.S. dollar. This comes as the dominant cryptocurrency soared to a new all-time high in the last several hours. As Bitcoin began to climb towards $49,900, the price of Ethereum actually dropped in the same period. Although Ethereum has sometimes lagged behind Bitcoin...

Feb 12 2021

JPMorgan co-president admits the demand for Bitcoin will come at “some point”

Feb 12 2021 Published at CryptoSlate under tags  analysis btcusd price watch

In a conversation with CNBC about Bitcoin, JPMorgan co-president Daniel Pinto said the demand for Bitcoin will come at "some point." Albeit the message seems ostensibly optimistic, Pinto is implying that the demand for Bitcoin isn't here just yet. What kind of demand for Bitcoin would be sufficient? The price of Bitcoin has increased by nearly five-fold since October, in merely four months....

Feb 09 2021

Bitcoin “call buying frenzy” occurs, will options market demand fuel another rally?

Feb 09 2021 Published at CryptoSlate under tags  analysis btcusd derivatives price watch

According to the data analytics platform Laevitas, the Bitcoin options market is seeing a "call buying frenzy." This means that the buyer demand for BTC is rising rapidly in the form of options. The options market has seen significant growth in recent months. Data from Skew shows the total options market open interest has...

Feb 06 2021

Why DeFi blue-chips SUSHI and AAVE severely pulled back after Bitcoin rally

Feb 06 2021 Published at CryptoSlate under tags  aaveusd analysis defi sushiusd

SUSHI and AAVE, the governance tokens of major DeFi protocols SushiSwap and Aave, severely pulled back after the price of Bitcoin rallied beyond $40,000. Analysts suspect that the profits from DeFi tokens throughout the past few weeks have flown back into Bitcoin. DeFi down bigly, when will it begin...

Feb 04 2021

Aave surges 50%: What’s behind the meteoric rally?

Feb 04 2021 Published at CryptoSlate under tags  aaveusd analysis defi price watch

AAVE, the native governance token of the Aave lending protocol, rose by over 50% within the past day. The rally comes as the entire DeFi market sees a major rally from an overall increase in appetite for the sector....

Feb 01 2021

Why the Bitcoin price dropped immediately after Musk’s positive comments

Feb 01 2021 Published at CryptoSlate under tags  analysis btcusd people price watch

The Bitcoin price pumped and fell immediately after Tesla CEO Elon Musk talked about BTC positively on Clubhouse. Musk complimented Bitcoin, stating that it is ready for broader adoption. He said that he is "late to the party," suggesting that he is now an enthusiast in the dominant cryptocurrency....

Jan 31 2021

Analysts say Bitcoin could pop back up after accumulation

Jan 31 2021 Published at CryptoSlate under tags  analysis btcusd price watch

The price of Bitcoin fully retraced after surging to around $38,000 in the past 24 hours. BTC initially surged after Tesla CEO Elon Musk put the word "Bitcoin" in his Twitter bio. Since then, BTC has dropped back down to around $33,000, hovering just below $34,000 in the last few hours. Will Bitcoin recover soon? After the drop from $38,000 to $33,000, Bitcoin...

Jan 29 2021

Here’s why Elon Musk’s simple Twitter bio change rocketed Bitcoin up 18%

Jan 29 2021 Published at CryptoSlate under tags  analysis btcusd people price watch

The price of Bitcoin surged 18% after Elon Musk, the CEO of Tesla and SpaceX, added "Bitcoin" to his Twitter bio....

Jan 28 2021

Why a trader says a Bitcoin bottom is close, based on a key technical structure

Jan 28 2021 Published at CryptoSlate under tags  analysis btcusd price watch

Scott Melker, a cryptocurrency trader and the author of The Wolf Den Newsletter, believes a short-term Bitcoin bottom is close. Melker often uses the relative strength index (RSI) indicator on the 4-hour and 6-hour candle chart time frames to identify potential trend reversals. The RSI is an indicator that is used to evaluate whether an asset...

Jan 27 2021

[Updated] Bitcoin drops below $30k with $450 million in futures liquidated—what’s next?

Jan 27 2021 Published at CryptoSlate under tags  analysis btcusd price watch

The cryptocurrency market saw over $450 million worth of futures contract positions liquidated in the last 24 hours. In the same period, Bitcoin pulled back by more than 7%, showing weakening momentum. On Binance, the price of Bitcoin dropped to as low as $29,500, retesting a critical support level....

Jan 26 2021

Bitcoin drops below $30k with $450 million in futures liquidated—what’s next?

Jan 26 2021 Published at CryptoSlate under tags  analysis btcusd price watch

The cryptocurrency market saw over $450 million worth of futures contract positions liquidated in the last 24 hours. In the same period, Bitcoin pulled back by more than 7%, showing weakening momentum. On Binance, the price of Bitcoin dropped to as low as $29,500, retesting a critical support level....

Jan 25 2021

Bitcoin breaks out of crucial 4-day range: what happens next?

Jan 25 2021 Published at CryptoSlate under tags  analysis btcusd price watch

The price of Bitcoin broke out of its 4-day range, pushing above a critical technical resistance level at $33,800. This upside movement is important because it sets BTC up for a potential retest of the $40,000 resistance area....

Jan 22 2021

What can invalidate the short-term bear scenario for Bitcoin?

Jan 22 2021 Published at CryptoSlate under tags  analysis btcusd price watch

The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12. The general market sentiment around Bitcoin remains positive. But, there is one major invalidation point for the bearish scenario for BTC. Bitcoin must reclaim $36,000 In the foreseeable future, if BTC wants to reach an all-time high, it is critical that BTC...

Jan 19 2021

Bullish? Grayscale bought $500 million worth of Bitcoin in a single day

Jan 19 2021 Published at CryptoSlate under tags  analysis btcusd price watch

Grayscale purchased half a billion dollars worth of Bitcoin in the last 24 hours, according to Qiao Wang, an investor at DeFi Alliance. The massive increase in Bitcoin inflows into Grayscale merely a week after they reopened their products to new investors is indicative of high institutional demand for BTC....

Know a good blog/source that is not listed? Contact us or fill the form below to add one:

Tag cloud