May 2021 - KogoCrypto | Bitcoin, Ethereum & Crypto News

How significant is the $900 million open interest in Bitcoin options over $100,000?

Pro traders have purchased ultra-bullish $100,000–$200,000 Bitcoin options, but how certain are they that these objectives will be met? Bitcoin (BTC) is on track to...

Bitcoin rejects at $37.5K, with on-chain data indicating short-term holders’ surrender.

May 31, 2021May 31, 2021

According to on-chain statistics, short-term Bitcoin holders continue to capitulate, whilst long-term investors have been purchasing the drop in expectation of the market rising. Bitcoin...

Ethereum, Cardano, Binance Coin Price Movement Analysis for 31st May, 2021

While Bitcoin has usually traded between $34,000 and $37,000 in recent days, prominent altcoins such as Ethereum, Cardano, and Binance Coin have been locked to...

Dogecoin Price Movement Analysis for 31st May, 2021

With Bitcoin seeing a big increase on Monday, the broader cryptocurrency market appeared to be upbeat as well. DOGE, a meme-coin, saw an increase in...

Why did Elon Musk’s tweets cause a chain reaction in Bitcoin prices?

What does Elon Musk do for fun when he's not constructing rockets, hyperloop networks, or operating an electric vehicle company, Tesla? The bulk of the...

Litecoin, Tron, Monero Price Movement Analysis for 31st May, 2021

Litecoin’s symmetrical triangle highlighted the possibility of a jump towards $240. Tron’s technicals suggested that bearish momentum was gradually reducing as it prepared for an...

THETA, Chainlink, Uniswap Price Movement Analysis for 31st May, 2021

THETA's surge lacked conviction in order to break above the $8.14 barrier level. Chainlink stayed below its EMA Ribbons, while Uniswap moved north approaching strong...

MATIC, Polkadot, Ethereum Classic Price Movement Analysis for 31st May, 2021

As Bitcoin traded below $38,000, volatility in altcoins like as MATIC, Polkadot, and Ethereum Classic remained minimal. These alts, on the other hand, hung on...

BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, ICP, BCH Price Movement Analysis for 31st May, 2021

Bitcoin and altcoins are attempting to launch a relief rally, implying that traders have chosen to begin purchasing at lower levels. According to Bybt statistics,...

0x introduces a DEX liquidity API on Polygon.

Polygon's decentralized finance footprint continues to expand, with 0x launching a “Ethereum scaler” version of its decentralized exchange liquidity aggregator API. 0x has published a...

Report: Argentine Bitcoin miners thrive despite market downturn

Institutional miners and hobbyists alike are cashing in on energy subsidies. While the global crypto market is experiencing a painful decline, a new analysis published...

Druckenmiller compares Ethereum to ‘MySpace before Facebook,’ while Bitcoin triumphed as ‘Google.’

Those with a stake in the game are emphasizing that comparing Bitcoin to Ethereum is a futile and perhaps costly endeavor. The mainstream media reports...

Three on-chain indications indicate that the Bitcoin price decline is slowing.

Data from numerous on-chain indicators imply that the current sell-off is coming to an end as Bitcoin price displays new signals of positive momentum. Following...

Ethereum Price Movement Analysis for 31st May, 2021

At the time of writing, Ethereum's price has risen in tandem with the Bitcoin market. On May 31, the second-largest cryptocurrency was seeing moderate increases,...

XRP Price Movement Analysis for 31st May, 2021

Ripple may have received some respite in the ‘Ripple v. SEC' litigation when the judge declined the SEC's request for access to the company's legal...

Could this indication be the purchase signal that traders are looking for in Ethereum, XRP, Cardano, and DOT?

The sheer volatility of cryptocurrency markets is sometimes excruciating. When the markets are in freefall, traders typically panic and wish for the collapse to end....

This 2020 aspect might be crucial in regaining Bitcoin’s $60k level.

Bitcoin's recent collapse has been thoroughly examined: why, how, and for how long. Several causes have been identified as being responsible for its decline. Every...

DeFi Ethereum News

DeFi Tokens Rally as Ethereum Increases by 11%

As the cryptocurrency market awakens from its weekend hibernation, Ethereum makes substantial gains. Ethereum's price has risen by 11% in the last 24 hours, reaching...

Three things you should know about the Cardano vs. Ethereum race

The rapidly expanding Cardano ecosystem is beneficial for users since awards and incentives gained on Cardano may be used to purchase other assets within the...

What are the chances that Ethereum will have seven straight profitable quarters?

The volume of Ethereum traded on exchanges has plummeted by 30% in the previous 24 hours, yet this is fueling the ETH scarcity myth. This...

Here’s what’s new with Uniswap this time around.

Uniswap's pricing has defied selling pressure despite a reduction in transaction volume during the last week. UNI was trading at $24.55, up from the previous...

Finally, India’s Reserve Bank of India breaks its silence on the ‘crypto prohibition.’

May 31, 2021May 31, 2021

Indian cryptocurrency holders and users may finally exhale a sigh of relief as the RBI issued a statement objecting to banks utilizing an outdated circular...

What price levels DOES Bitcoin HAVE TO MAINTAIN?

Bitcoin, which was on its way to an all-time high the previous month, is presently seeing a string of corrections and consolidation. It was at...

In the current market, MATIC and CHAINLINK demonstrate this one-of-a-kind capability.

Looking at the whole crypto industry as a whole, Bitcoin's dominant reign varied from 94 percent in 2013 to roughly 46 percent at the time...

A Japanese agency has issued a warning to a cryptocurrency derivatives exchange. The word bybit

The warning is in reaction to Bybit's marketing push, which is said to have targeted Japanese investors. According to an official notice, Singapore-based Bybit, the...

A Bitcoin accumulation increase might result in a BTC price ‘double pump’ similar to that saw in 2013.

May 31, 2021May 31, 2021

In the long run Bitcoin holders are unconcerned about the latest sell-off, but there is one worrying indicator. According to Glassnode statistics, a recent drop...

The court denies the SEC access to Ripple’s legal counsel.

Ripple's legal battle with US regulators is still ongoing. Ripple has achieved another victory in its continuing legal struggle with the Securities and Exchange Commission...

Coincheck, Japan’s first cryptocurrency exchange, has announced the launch of its first Initial Exchange Offering (IEO).

The Hashpalette token sale on Coincheck will be Japan's first first exchange offering. Coincheck's objective of conducting Japan's first initial exchange offering is getting closer...

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