Market Report Weekly TL;DR - Aug 8 to Aug 14, 2022 - BTC, ETH & more BIG PICTURE Nobody likes rogue states that oppress their people and sponsor hacking groups to foot their authoritarian bills. But what are you going to do, shut down the internet to prevent it? As ridiculous as that sounds, it’s basically the logic employed last week by the US Treasury’
Market Report Weekly TL;DR - Aug 1 to Aug 7, 2022 - BTC, ETH & more BIG PICTURE Spoiler alert–this week we’re talking about bitcoin, institutional adoption and the american economy. Sorry! Bitcoin started the week up 3.5% from the last, which produced a 6 week high… And while BTC spent last week largely consolidating from said 6-week high, we have been making
Market Report Weekly TL;DR - Jul 25 to Jul 31, 2022 - BTC, ETH & more BIG PICTURE This will come as a surprise to few; there has been a distinct mood shift in markets following last week’s 0.75% rate hike by the Fed. But all anyone seems to want to talk about is 1) Are we in a recession (what’s in a
Market Report Weekly TL;DR - Jul 18 to Jul 24, 2022 - BTC, ETH & more BIG PICTURE Remember Elon’s Candle? It’s the super long, bright-green daily candle from everyone’s favourite chart, dated Feb 7, 2021. It opened at $38.8K and closed at $46.8K, with an amplitude of 22.5%. One might say it’s elongated. (Most sincere apologies–can’t/
Market Report Weekly TL;DR- Jul 11 to Jul 17, 2022 - BTC, ETH & more BIG PICTURE The inflation numbers are in for June and at 9.1%--way higher than expected--amount to a very public glove in J Pow’s face; to see just how hawkish he can get. The duel has been set for July 28th, and for now, all eyes are on
Market Report Weekly TL;DR- Jul 04 to Jul 10, 2022 - BTC, ETH & more BIG PICTURE This week witnessed a much needed bounce in price levels across the board, from equities to crypto (and bond yields–though this last one is not a good thing). The general trend remains down however, so we’re not holding our breath for the end of this bear
Market Report Weekly TL;DR - Jun 27 to Jul 3, 2022 - BTC, ETH & more BIG PICTURE Bad news first: This may come as a surprise to no one but the end of June marked Bitcoin’s worst-performing month (and quarter) on record (or at least a decade). Are we looking at crypto’s Lehman Brothers moment? Perhaps... Only minus any taxpayer bailouts. But SBF’
Market News Investing in a Crypto Bear Market – What to Do & How to Invest | NDAX How to Invest in a Crypto Bear Market Throughout the past couple of weeks, the global crypto world has gone through a substantial crash. The value of Bitcoin was brought down to late 2020 levels — and while this is by no means a small market cap, the price hikes of
Market Report Weekly Crypto Market Report - Jun 20 to Jun 26, 2022 - BTC, ETH & more Market Fundamentals Analysis The global crypto market recovered by $ 100 billion (~10%) in a week, from $844 billion to $940 billion. BTC’s market capitalization went up from $365 billion to $ 400 billion over the past week, showing some respite. Bitcoin Fear and Greed Index score has risen from 6
Market Report Weekly Crypto Market Report - Jun 13 to Jun 19, 2022 - BTC, ETH & more Market Fundamentals Analysis Bitcoin has traded lower eight weeks in a row, for the first time in history. Traders who were bearish two months ago feel vindicated, and traders who were bullish are embarrassed to have been so. There are myriad reasons the price has moved lower: pressure from the
News New Cardano Vasil Hard Fork - Here's what to expect As a crypto enthusiast, you might have come across news of the Vasil hard fork that’s set to take place soon on the Cardano blockchain. And while the jury is still out on the impact this will have on the ADA coin prices, it’s still going to be
Bitcoin Weekly Crypto Market Report: Jun 06- Jun 12, 2022 - BTC, ETH & More Market Fundamentals Analysis Extremely soft macro tone weighing down on global risk sentiment after a stronger than expected inflation print on Friday. We look forward to Wednesday’s upcoming FOMC meeting where the Fed is widely expected to hike 50bps with risks skewed hawkishly. Crypto itself also took a leg
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cryptocurrency The LUNA Crash - Here's what happened It wouldn’t be too much of an exaggeration to say that crypto markets are currently in freefall — and this tough month has been made worse with the disastrous crash of Luna, the primary cryptocurrency of the Terra blockchain, and the ecosystem built on it. A stunning $40 billion in
Market Report Weekly Crypto Market Report: May 30- Jun 05, 2022 - BTC, ETH & More Market Fundamentals Analysis Crypto had a slow weekend, with BTC up about 1.5% on a miniscule 28% vol. ETH has been doing a little better, up 3.5%, a modest bounce off a crucial level. One of the challenges of trading crypto, or any alternative asset, is determining when
Market Report Weekly Crypto Market Report: April 18-24, 2022 - BTC, ETH, COMP & More Market Fundamentals Analysis This weekend did not provide the life that the crypto market has been searching for, with most coins sliding 2-3% on minuscule volume, just a bit above 30% on the majors. This has been a real issue for the crypto markets, recently, with the volume on crypto
Market Report Weekly Crypto Market Report: April 11-17, 2022 - BTC, ETH, COMP & More Market Fundamentals Analysis The week has been fairly range-bound for most assets, with not much action being seen on any side, indicating that the market is consolidating. Having said that, the overall sentiment is still bearish, as most assets seem to be stuck at their support levels. With digital assets
Market Report Weekly Crypto Market Report: April 4 - 10, 2022 - BTC, ETH, SOL & More Market Fundamentals Analysis It’s been one week into April and the market continues to tread cautiously. BTC continues to remain choppy between C$52k and $58k in April and we have yet to significantly break in either direction, with the 20-day MA of C$55k and 200-day MA of
Market News Weekly Crypto Market Report: March 7 - 13, 2022 - BTC, ETH, LUNA, FTM & More Market Fundamentals Analysis A quiet weekend was disrupted by a sharp 2% selloff in BTC [https://ndax.io/prices/btc-to-cad] as the market got details on today’s EU Parliament vote to put forward a draft on MiCA frameworks. This draft has a focus on sustainability of mining, and could
blockchain Proof of Stake (POS) vs Proof of Work (POW) | NDAX Blog Decentralization is a defining feature of cryptocurrency networks. But without a central authority to oversee transactions, how does the network prevent people from committing fraud by spending the same money more than once? That’s where consensus mechanisms [https://www.investopedia.com/terms/c/consensus-mechanism-cryptocurrency.asp] come in. They enable
Market Report Weekly Crypto Market Report: Nov 15-21, 2021 - BTC, ETH, DOT, MANA & More Market Fundamentals Analysis This week in crypto has been quite volatile. Heading into the weekend, markets seemed to be turning a corner, after being in the red for most of the week. BTC fell below the C$70.5k mark for the first time in 6 weeks, while ETH traded
digitalassets What is Staking? How Crypto Staking Works & More | NDAX Blog What is Staking? Staking is a core element of many of the world’s most popular cryptocurrencies. There’s a good chance you were introduced to staking because you heard about generous rewards that far exceed standard interest rates. But staking isn’t just about generating rewards. It serves as
blockchain Blockchain vs Bitcoin: What’s the Difference? Blockchain vs. Bitcoin The world of cryptocurrency is filled with unfamiliar terms, and all the jargon can be confusing to newcomers. For instance, you’ve probably heard of blockchain and Bitcoin, but do you know how to differentiate between the two? While it’s common for people to use the
News BitcoinBites: 5 BTC stories you should know – November 17th, 2021 Bitcoin price struggles close to $60,000 after falling to multiweek low Bitcoin prices have experienced some interesting fluctuations today, dropping to their lowest since October and then fighting to recoup their losses. The world’s most prominent digital currency fell to $58,673.84 today, according to CoinDesk data
Weekly Crypto Market Report: Nov 8-14, 2021 - BTC, ETH, DOT, SHIB & More Market Fundamentals Analysis Most assets have seen some form of consolidation after hitting all-time highs last week. The overall crypto space is currently valued at $2.81T vs $2.9T when BTC and ETH hit all-time highs. After the US Bureau of Labor Statistics saw a sharp 6.2% annual
