Analysts Say Investors Are Switching From Bitcoin to This Altcoin! Here’s Why!

The entire cryptocurrency market is experiencing a significant recovery, led by Bitcoin ($BTC). While this recovery is attributed to increased risk appetite, one analyst argued that money is shifting from Bitcoin to Ethereum. Speaking to Coindesk, LMAX Group analyst Joel Kruger suggests that investors who poured large amounts of capital into Bitcoin earlier in the […]

Crypto majors post double-digit weekly gains as bitcoin tests $75,000 ahead of Fed decision

Bitcoin BTC$74,074.35 briefly touched $75,912 early Tuesday before pulling back to $74,372, but the intraday volatility is less interesting than the weekly picture beneath it. CoinDesk reported earlier Tuesday that the push above $75,000 was driven by derivatives activity rather than fresh buying, specifically the closure of large $60,000 put positions that forced market makers […]

Stablecoin Liquidity Rises as Crypto Assets Resist Pressure From Escalating War Tensions

The broader financial market is under pressure due to rising tensions stemming from the ongoing Middle East crisis. However, crypto assets are pushing back and resisting the pressure. In fact, a recent report from the Asian crypto trading firm, QCP Capital, revealed that stablecoin liquidity is rising despite equities and gold buckling under pressure. This […]