![Bitcoin [BTC] sees a ‘decisive turnaround’ in sentiment; Etheruem [ETH] not far behind](http://www.agency63.com/wp-content/uploads/2021/10/7533-bitcoin-btc-sees-a-decisive-turnaround-in-sentiment-etheruem-eth-not-far-behind-1024x684.jpg)
The 2020-21 bull run was fueled by wealth managers, and institutional investors entering the Bitcoin [BTC] and the cryptocurrency market. Institutional investors are turning back to Bitcoin which coincided with the steady market recovery. This was revealed by CoinShares’ latest “Digital Asset Fund Flows Weekly” which stated that BTC investment products have recorded a third…
Posts published by “Chayanika Deka”
![Bitcoin [BTC] surges past $50K after a month](http://www.agency63.com/wp-content/uploads/2021/10/7535-bitcoin-btc-surges-past-50k-after-a-month-1024x684.jpg)
After the wreckage of September, Bitcoin [BTC] finally breached the coveted level of $50K in four weeks. With the latest feat, the crypto-asset amassed daily gains of over 6%. The rally above the crucial psychological threshold comes amidst many altcoins losing value against the king coin lately...
Ethereum [ETH] has suffered the brunt of the market-wide correction game this week. The market saw the biggest dip since last year’s Black Thursday crash. With the wounds still fresh, is it time to buy the dip? The second-largest crypto-asset fell to $2,078 after depreciating by almost 15% in one day alone. However, Ethereum whales…
Bitcoin has registered more than five-fold gains. However, the asset managed to go on bombshell crash the immediate aftermath of the Tesla Chief’s latest tweet. Elon Musk revealed that his electric-car firm will no longer accept Bitcoin as a form of payment citing environmental concerns. Taking to Twitter, Musk said that the car-maker was concerned…
The stablecoin issuer Tether released a report consisting of a breakdown of its reserves as of 31st of March 2021. This is the first of its kind since Tether’s launch in July 2014. The pie chart below shows that the company held approximately 76% of its reserves in cash and cash equivalents and other short-term…
XRP along with the rest of the cryptocurrency market started off on a choppy note as the collective market cap fell to $2.28 trillion. The crypto-assets weekly losses extended to nearly 20% after the recent downside after hints of resurgence on the price charts halted. XRP fell through a major support level and indicated a…
Ethereum [ETH] finally broke the psychological barrier of $3K in May this year. The crypto-asset rose to a new all-time high above $3,200 today after a challenging week as it broke away from the consolidation camp. With this, Ethereum has not just flipped Bank of America [BOA] but has also surpassed payment processing giant, Paypal…
XRP’s performance over the past week has been better than most top cryptocurrencies in the leaderboard. The fourth-largest crypto-asset amassed weekly gains of 34% after recovering from the previous week’s downturn. The recent weakness in the price of Bitcoin has encouraged the altcoins to break out and rally to crucial points. It has also surged…
A DeFi project Spartan Protocol’s contract suffered an exploit that led to loss of more than $30 million in funds. The incident reportedly originated due to a flawed liquidity share calculation in the protocol, that resulted in the drainage of assets from the pool. In the post-mortem blog post, the security firm PeckShield detailed, “In…
![Dogecoin [DOGE] Struggles Near Support Despite An Uptick of 5%](http://www.agency63.com/wp-content/uploads/2021/04/3059-dogecoin-doge-struggles-near-support-despite-an-uptick-of-5-1024x683.jpg)
Dogecoin [DOGE] has so far defied the collective market trend in recent weeks. It noted a fresh increase on the 24th of April as the cryptocurrency market bled red. However, the short-trend was short-lived as the digital asset flipped negative and extended a weekly loss of 10.17%. Dogecoin went on a massive rally this month…