What dip? New all-time highs for Ether, Link, Aave and UNI January 25, 2021 Crypto at a Glance On Friday, we asked whether a flash crash was just a dip or the start of a more prolonged correction. It was a question that swiftly received an answer, with the dulcet pings of new all-time highs sounding across the land over the weekend. After months of trying, Ethereum finally set [...]
Bitcoin holds $30,000 after worst drop since March January 22, 2021 Crypto at a Glance The price of Bitcoin fell 13% yesterday, erasing the majority of the gains made so far in 2021. It was the largest daily drop since the market crash of March 2020. Is this just a dip, or is it the start of a more prolonged correction? Encouragingly, Bitcoin is still holding [...]
BlackRock join Bitcoin party January 21, 2021 Crypto at a Glance It’s been an inauspicious start for Bitcoin under the new Biden presidency, despite Bitcoin Biden being an awesome presidential nickname. The price continues to drop, with the Fear and Greed Index *only* flashing Greed-levels of sentiment for the first time since November – suggesting that yesterday’s inauguration didn’t drive as much [...]
Ethereum breaks $1,400 for first time since January 2018 January 20, 2021 Crypto at a Glance It was a landmark day for Ethereum yesterday, with a number of outlets calling a new all-time high as the price broke $1,400 for the first time since January 2018. There were still many that didn’t call it, however. This is because different outlets calculate the all-time high differently, including, notably, [...]
Ethereum pumps – new all-time high incoming? January 19, 2021 Crypto at a Glance It’s been a relatively quiet week so far for Bitcoin, which seems happy to coast along between $35,000 and $37,000 for the time being. The really big-and-mega-exciting news today is Ethereum, which finally looks to be charging, head-down and horns out, towards that long-awaited new all-time high (set in the heady [...]
XRP set to fall out of top 5?Polkadot storms into top 4 coins – top 3 next? January 18, 2021 Crypto at a Glance It was a weekend of mixed signals for Bitcoin. There was FUD from Christine Lagarde and persisting rumours surrounding the negative impact of Tether, but there were also a host of financial industry grandees and politicians lining up to declare themselves converts. Even former Chief Economist of the World Bank, Larry [...]
Ether demand boom sparks liquidity crisis? January 15, 2021 Crypto at a Glance Bitcoin came back within striking distance of $40,000 again yesterday and has now recouped most of its losses from the dip earlier this week. There have been a number of reasons posited for the retrace and subsequent recovery, and it’s likely that a large part of it was simply the natural [...]
Crypto markets rally – next stop $50,000 for bitcoin?Crypto sees record demand as bitcoin bounces back January 14, 2021 Crypto at a Glance Was that the dip? It seems reports of Bitcoin’s demise have been, once again, greatly exaggerated. The price of bitcoin is now back at $38,000 and the total cryptocurrency market cap is above $1 trillion again. The sun is shining, the birds are singing in the trees, and the chemical odour [...]
$220m reasons to keep your password safe January 13, 2021 Crypto at a Glance If you’re having a bad start to the day, spare a thought for San Francisco-based computer programmer, Stefan Thomas. Stefan made headlines around the world yesterday with his tale of forgotten password woe. He now has just two chances left to remember the password to a hard drive containing the private [...]
Was that the Dip? Crypto markets bounce back! January 12, 2021 Crypto at a Glance The decision by some news outlets to declare a bear market yesterday, mere seconds into what was a widely-expected retrace, was always going to leave them at risk of having egg on their face when it rebounded. But then, they’re probably used to wiping yolk off their sweaty brows when it [...]