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Bitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting

BTC, altcoins and stocks sharply sold-off as pressure builds ahead of this week’s FOMC meeting and the possibility that the Fed will taper its easy-money policies.

Continue ReadingBitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting

Fractional NFT Markets See Significant Growth in 2021 as Market Cap Surpasses $200 Million

While the non-fungible token (NFT) economy has exploded in value, another sector of the NFT industry called fractionalization has seen immense growth. A bunch of projects today are dealing with…

Continue ReadingFractional NFT Markets See Significant Growth in 2021 as Market Cap Surpasses $200 Million

Altcoin Roundup: 3 metrics that traders can use to effectively analyze DeFi tokens

DeFi presents a wealth of opportunity for investors, but there are also risks. Here are three metrics investors use to analyze decentralized finance tokens and their associated protocols.

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Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities.

Continue ReadingAnalysts say Bitcoin’s open interest wipeout ‘will give way to further upside’