Tag: Bitcoin
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Bitcoin at $110K and Ethereum at $4,300: Bullish or Bearish?
The crypto market has reached another defining moment. With Bitcoin breaking through $110,000 and Ethereum holding steady around $4,300, traders and investors are split between bullish optimism and cautious bearish sentiment. A Brief History of the Market Bitcoin and Ethereum have both experienced cycles of extreme growth and painful corrections: Crypto history shows that bullish…
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Bitcoin Price Analysis
Bitcoin is currently trading at $111,012, showing a daily decline of about -1.96%. The recent candlestick action highlights a notable pullback from the mid-August high near $122,000, where sellers stepped in strongly. Since then, the market has been consolidating, with price attempting to hold above the psychological $110,000 support zone. Key Observations Heading Into the…
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Investor Rotation: From Bitcoin to Ethereum
In recent market activity, we see evidence of investors dumping Bitcoin positions and reallocating funds into Ethereum. At first glance, this may appear contradictory: if Bitcoin, the dominant market leader, is selling off, shouldn’t Ethereum also suffer the same fate? Yet this shift is not uncommon in crypto markets, and it reflects a dynamic known…
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The Growing Trend of Countries Adopting Bitcoin
In the past decade, Bitcoin has transformed from a niche digital asset into a global financial instrument that even governments can no longer ignore. While its volatility remains a subject of debate, the strategic adoption of Bitcoin by countries reflects a shift in how nations perceive digital currencies — from speculation to state-level financial and…
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Bitcoin–Ethereum Pairing: A Window Into Market Sentiment
The BTC/ETH chart has always been one of the most insightful tools for traders and analysts. Unlike comparing Bitcoin or Ethereum to the U.S. dollar individually, this ratio highlights the relative strength between the two largest cryptocurrencies. By removing the dollar as the denominator, it allows us to see which asset the market currently favors.…
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Gold, Bitcoin, and Ethereum: A Tale of Correlation and Divergence
Over the past decade, gold has been the undisputed safe-haven asset, a time-tested store of value when global markets turn turbulent. Bitcoin, often dubbed “digital gold,” has emerged as its younger, more volatile counterpart — promising decentralization, fixed supply, and the potential for exponential growth. Interestingly, recent market movements show that gold and Bitcoin are…
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Market Update: Ethereum Breaks $4,000 – Bitcoin Smashes Past $120,000
The cryptocurrency market is witnessing another historic surge as Ethereum (ETH) convincingly breaks the $4,000 level, followed closely by Bitcoin (BTC) reclaiming the $120,000 mark for the first time since its recent correction. Historical Context Ethereum’s last significant push above $4,000 occurred during the May 2021 bull run, driven by a surge in DeFi adoption…
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Qidax’s Launch of New Cryptos in its Perpetual Swap and Their Correlation Study
Today cryptocurrencies have become a global phenomenon and lately it has been one of the hottest topics around mundane and experienced investors. The recent price rise of cryptocurrencies has given more and more reason to look in-depth on cryptocurrencies value. One of the largest selling factors (in the side of huge profits) of cryptocurrencies has…
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Relative Strength Index
What Is the Relative Strength Index (RSI)? The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes. It let us evaluate overbought or oversold conditions. RSI moves between a reading of 0 and 100, often in an oscillation behaviour. In Crypto asset, when the RSI value hits 70…
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The Chronicles of Blockchain to the arrival of Qidax
To begin with, the first blockchain was invented by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency Bitcoin. That year, he or she posted a paper called Bitcoin — A Peer to Peer Electronic Cash System to a mailing list discussion on cryptography. Therefore, we can say that Satoshi Nakamoto invented…