Just over 20 days into 2021, crypto markets have already seen years worth of price action in traditional market’s standards. Though it has been a volatile couple of weeks, there are some clear patterns emerging in the top performing large cap crypto-assets. Crypto-Asset (Ticker) Token Category YTD Return 7-Day Return Avalanche (AVX) Smart Contract Platform…

Sometimes “HODL” really is the best advice. Simply holding Bitcoin and Ether massively outperformed crypto hedge funds (along with the vast majority of non-crypto assets) in 2020. BTC kicked off 2020 at just under $3,700  and reached almost $19,400 by the end of November, a 425% increase. ETH started the year at around $130 and…

It’s time to buy a fire suit, because ETH is super hot. As Ether makes headlines surging past its previous high, other less flashy metrics are also near records, signaling the Ethereum network is strengthening not just in price. ETH hit a new all-time high of $1439.33, topping the previous record of $1432.88 reached during…

Chainlink has fallen out of favor in the last few months, possibly due to the parabolic run-up it enjoyed in mid 2020, but the worst may be over. LINK’s supply ratio has been transitioning off exchanges ever since it reached a peak price of $20 in early August, on-chain market analytics firm Santiment revealed. .…

Traders are betting ether’s plunge isn’t over yet. Ether short positions on Bitfinex, a top five spot exchange in terms of volume according to CoinMarketCap, are at the highest level since March 2019. The spike in short volume comes on the heels of a 14-day streak during which ethereum’s price nearly doubled, breaking through $1,000…

It’s a bloodbath in crypto markets and DeFi borrowers are feeling the pain as liquidations spike. Total liquidation volume jumped to $14.6M on Jan. 10, almost tripling  from the previous day, according to data compiled by DeBank.  Risk of Leverage Liquidations, which in this context are the resale of borrowers’ collateral by other market participants,…

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock This Week: Ethereum’s Growth Catalysts Amidst an Overheated Market After underperforming Bitcoin in Q4, Ether’s price has managed to grow by over 60% in the first week of January. Having officially launched phase zero of ETH 2.0 in December, Ethereum has seen a wave of positive events unfold.…

It’s a bullish crypto market right now, and Deribit wants to make sure traders can be as optimistic as they want. The exchange is giving traders a way to bet on ETH reaching $10k by year end. The cryptocurrency futures and options exchange is introducing an ETH option with a $10K strike price and Dec.…

Wall Street’s favorite ether investment vehicle is plunging just as the underlying cryptocurrency is near records. But there’s a good reason why. Grayscale’s Ethereum Investment Trust, ETHE, has dropped from a 6-month high of $23 on Dec. 22, to $14 at the time of writing. That ~40% drop contrasts with the near 70% rise of…

While bitcoin has proven cryptocurrency naysayers wrong again with its astounding gains in the past weeks, an adjusting market dynamic becomes more apparent as alternative cryptocurrencies (altcoins) stage a comeback. Bitcoin welcomed newcomers to the crypto space in an all-too-traditional baptism of fire on Sunday, so much so that upwards of $500 million in long…