Crypto investor sentiment hits “extreme greed” levels for first time since 2019BTC $11,372 (-4%) • ETH $376 (-4.6%) • XRP $0.28 (-4%)
Bitcoin currently appears to be in a somewhat precarious position as it struggles to break above its $12,000 resistance, causing the entire crypto market to see some turbulence. Today, this resistance led the crypto to see a sharp selloff that sent its price reeling down towards $11,300, where bulls eventually stepped up and slowed its descent. Despite BTC seeing stalling momentum, the strong uptrends seen by many smaller digital assets has caused investors to grow greedy, with the crypto market’s “fear and greed index” hitting levels not seen since the market-wide rally in summer of 2019. Some investors view this as a counter-indicator that suggests a strong “shakeout” is imminent. More news ⏬Bitcoin mining faces no threat from China, here’s why
The Chinese state does not present a long-term threat to Bitcoin, a well-known developer wrote in a blog this week. Thanks to our premium sponsors⭐️ CryptoAltum - CryptoAltum is a leading trading platform with a special leaning towards digital assets. Its mission is to make crypto trading easy and accessible to everyone. ⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. This DeFi token by FTX went up 1000% right after launching
SRM, the native token of the decentralized derivatives exchange Serum, saw its price increase by over 10 times right after launching. A reckoning is coming for $50 billion in “ghost” blockchains—and DeFi will benefit
Almost all the best-performing altcoins of recent weeks have one thing in common: they’re all related to decentralized finance — often DeFi protocols based on the Ethereum blockchain. Top VC says that Ethereum and Bitcoin may race each other to $1 trillion valuation
Ethereum has seen extreme growth over recent weeks. China’s BSN now features live integration of—Ethereum, EOS, Nervos, Tezos, and NEO
BSN, a Chinese government-backed blockchain platform, has just launched its official international website. Bitcoin options market shows it is “open air” for BTC after $14,000
Bitcoin is currently caught within another bout of sideways trading as its price hovers within the upper-$11,000 region. Grayscale kicks off national cryptocurrency ad campaign on CNBC, MSNBC, FOX
Grayscale Investments, a crypto investing and asset management company, has launched a nation-wide cryptocurrency ad campaign with TV commercials airing on CNBC, MSNBC, FOX, and FOX Business in the United States Barry Silbert, the company’s CEO, announced the campaign last week, while Micheal Sonnenshein, Grayscale’s managing director, shared the ad on Twitter earlier today. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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