Further downside is expected, but multiple data points suggest Bitcoin is undervalued
Traders are taking a hands-off approach to BTC, but a number of price metrics suggest Bitcoin is undervalued even though further downside is expected.
Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, FTT, ETC
Bitcoin’s attempt to form a bottom has lured altcoin traders to focus on ETH, MATIC, FTT and ETC.
Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days
An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.
Bitcoin ‘liveliness’ lowest since 2021 amid new 5-year BTC hodl record
BTC hodling is in full swing as Bitcoin long-term holders set a new record.
Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge
Backwardation reflects a market condition wherein spot prices trade higher than future prices.
Bitcoin sets up lowest weekly close since early March as 4th red candle looms
BTC price heads for volatility as Bitcoin eyes a fourth red weekly candle.
Ethereum on-chain data hints at further downside for ETH price
An assortment of on-chain and derivatives data signal that ETH price is unlikely to rally above $3,500 any time soon.
‘Cheaper than it looks’: Fidelity’ exec says BTC undervalued and oversold
Fidelity’s top asset strategist Jurrien Timmer argues that Bitcoin could be "cheaper than it looks,” highlighting key metrics indicating it is both undervalued and oversold.
Ethereum price breaks out, hits 2-month high versus Bitcoin — is the rally sustainable?
The rally has pushed Ether to an area filled with historically relevant resistance levels, increasing its pullback risks against Bitcoin.
DeFi needs to start creating real-world value if it wants to survive
Crypto adoption should be about more than speculative trading through your regular bank account.
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When states like Oregon put equity over quality, students suffer, no matter how little tuition they pay.
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