Ethereum Activity Metric Hits Highest Level in 2 Years

The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance.

Cardano at One-Year High on Shelley Upgrade

The eighth-largest cryptocurrency by market value jumped to $0.1021 on Saturday to hit its highest price level since June 2019. It has rallied by a staggering 170% in the second quarter, according to CoinDesk data.

Bitcoin Rises in Line With Stocks After Dip Below $9K

Bitcoin’s positive correlation with stocks continues Monday, with the cryptocurrency drawing bids alongside gains in global equities.

Search for Yield Drives Ether’s Put-Call Ratio to One-Year High

Ether's put-call open interest ratio has jumped to 12-month highs. However, this increase is not necessarily a bearish signal.

Bitcoin’s Price Correlation With S&P 500 Hits Record Highs

Bitcoin's correlation with the S&P 500 is somewhat erratic, but the relationship has gotten stronger. That may not be bad news.

Bitcoin Still Up 27% This Year Despite Dismal June Performance

Bitcoin is still outperforming the top traditional financial assets so far in 2020 – even after a dour performance this month.

Bitcoin Closes in the Green Sunday to End Longest Daily Losing Run in 6 Months

Bitcoin chalked out minor price gains on Sunday, ending its longest run of daily losses for half a year and avoiding a break below the ongoing restricted trading range.

Coinbase Lists Compound’s COMP Token for Retail Crypto Traders

The Compound token almost fell back below $200 earlier this week, before Coinbase rode to the rescue. It listed the token for retail users, and gave COMP a nice price bump.

A Key Thesis for Bitcoin’s Long-Term Bull Market Just Got a Knock

The narrative that inflation arising from the massive coronavirus stimulus efforts would lead to a long-term rise in bitcoin's price is looking weak with new data from the Federal Reserve.