Tag: altseason

Grayscale Investments announcement on Feb 26 about exploration of different altcoin investments products will likely ignite an astronomical rally and result in a proper altseason, multiple analysts are claiming....

Just three months after reaching $20,000 for the first time ever, Bitcoin hit another impressive milestone, climbing above USD 50,000 for the first time ever yesterday. After hovering at $10,000 for most...

In a long awaited event, Ethereum is finally nearing it's previous all time high (ATH) figure of $1448 (CoinGecko data) and is currently changing hands at ~$1402! For the past 24 hours, ETH has been attempting to cross ATH, but could only reach $1428. However, the marketcap stands at a ATH $162B. Technically, the price ATH wasn't breached, but the crypto community assumed...

In a significant development, DeFi TVL has gotten past $21 billion as a record 6.8M ETH now occupy financial smart contracts. Ethereum itself has recorded gains of 8.3% over the last 24 hours and a massive 62.4% over the last week, as the largest smart contracts platform in the world hovers at $1200. It briefly crossed the psychological barrier earlier and is fast...

Summary: Bitcoin's dominance tested 73% on January 3rd This level was last seen in September of 2019 and is a crucial resistance area If Bitcoin pushes above this level, altseason will be postponed Conversely, if Bitcoin corrects and fails to break the 73% dominance, alts might just thrive The King of Crypto, Bitcoin (BTC), has just set a new all-time high value of...

Quick take: Ethereum's correlation to Bitcoin has been dropping since the DeFi boom of Q3 The progress of ETH2.0 has further accelerated this A drop in Ethereum's correlation to Bitcoin hints of an altseason The weekly ETH/BTC chart is bullish and is another clear indicator of a pending altseason Ethereum's correlation to Bitcoin has been dropping continuously since the DeFi boom of Q3...