RWA Market: The Aave Market for REAL LIFE Assets goes live
Cryptocurrency Market World

RWA Market: The Aave Market for REAL LIFE Assets goes live

Today the Real World Asset (RWA) Market goes live.  Built on Centrifuge and Aave, the RWA Market is the first diversified money market on Aave for real world assets, bridging DeFi to the infinite potential of the real-world. It is launching with 7 pools and is already allowing liquidity providers to deposit USDC.How does this…

Crypto Marketplace Sentiment Improves, Bitcoin & Ethereum Enter Positive Zone
Crypto Market

Crypto Marketplace Sentiment Improves, Bitcoin & Ethereum Enter Positive Zone

Source: iStock/honglouwawaThe sentiment in the crypto market has improved from last week, although it still remains in the zone considered “neutral” by the market sentiment analysis service Omenics.The 7-day moving average of the sentscore for ten major cryptoassets tracked by Omenics this week stood at 5.16, up from 4.85 last Monday. The increase in the…

2021 NFT Marketplace Recap: Trading Quantity Surges to $23 Billion
Cryptocurrency Market recap

2021 NFT Marketplace Recap: Trading Quantity Surges to $23 Billion

Non-fungible tokens, or NFTs, are used to track ownership of assets, whether virtual or physical, such as artworks or collection items. NFTs have been around for a long time, possibly since the inception of the blockchain.According to DappRadar data, the NFT trading volume surged to $23 billion in 2021, and this figure is expected to…

Crypto Market Sentiment Drops Further as Ethereum Enters Neutral Area
Crypto Market

Crypto Market Sentiment Drops Further as Ethereum Enters Neutral Area

Source: iStock/da-kukThe crypto market sentiment took a turn to the worse this week, with most major coins seeing a lower sentiment score (sentscore) today compared to last Monday. The 7-day moving average of the sentscore for ten major cryptoassets stood at 4.85 today, down from 4.96 a week ago, according to the market sentiment analysis…

Bitcoin Market Enters Great Fear Territory BEFORE Fed Conference
Bitcoin Market

Bitcoin Market Enters Great Fear Territory BEFORE Fed Conference

The Bitcoin market has tip-toed into “extreme fear” territory as the Federal Reserve prepares to meet Wednesday to decide its next move regarding interest rate and quantitative easing policies. BTC is trading at around $48,000 at the time of writing, nearly 30% below its November all-time high of $69,000.The Fear and Greed Index analyzes market…

Bitcoin Marketplace Cycles Explained
Bitcoin Market

Bitcoin Marketplace Cycles Explained

Source: AdobeStock / Alexander Matthew Kimmell is Digital Asset Analyst and Christopher Bendiksen is Bitcoin Research Lead at major European digital asset investment firm CoinShares. __________To long-time bitcoin (BTC) investors, it was no surprise that bitcoin surpassed its previous all-time high in 2020. Nor was it much of a shock that it just reached new all-time highs…

Crypto Market Sentiment Straight down for Third 7 days in a Row
Crypto Market

Crypto Market Sentiment Straight down for Third 7 days in a Row

Source: iStock/Koonsiri BoonnakCrypto market sentiment dropped for the third week in a row, now standing quite close to the bottom line of the 5-6 range. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.18 today, whereas it was 5.22 a week ago, according to data provided by the market…

How The Bitcoin Marketplace Reacted To Federal Reserve Comments On Ongoing Inflation
Bitcoin Market

How The Bitcoin Marketplace Reacted To Federal Reserve Comments On Ongoing Inflation

The bitcoin market reacted to comments by Federal Reserve Chairman Jerome Powell about the rising risk of persistently high inflation.The bitcoin market reacted to comments by Federal Reserve Chairman Jerome Powell about the rising risk of persistently high inflation.The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To…

COC#7: The Bitcoin Market Hangs Between Hope And Fear
Bitcoin Market

COC#7: The Bitcoin Market Hangs Between Hope And Fear

December 1, 2021Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent bitcoin market movements and estimate where we are in the cycle. This seventh edition first addresses several on-chain and derivatives-related metrics to gauge the current bitcoin market structure. Then, it discusses two developing narratives that are introducing…

Bitcoin Market Enters Worry Territory, Time To CHOOSE THE Dip?
Bitcoin Market

Bitcoin Market Enters Worry Territory, Time To CHOOSE THE Dip?

Publish date:Nov 19, 2021As BTC/USD drifts below $60k, the market has begun getting fearful, indicating that a good buy opportunity might be arising.As BTC/USD drifts below $60k, the market has begun getting fearful, indicating that a good buy opportunity might be arising.Bitcoin has entered a correction after flying past previous highs at the beginning of…