The
cryptocurrency market faced a severe correction in the past week. It underperformed traditional assets such as gold and equities, but
the main cause cannot be fully attributed to macroeconomic instability alone,
but…
The cryptocurrency market still acts in tandem with macroeconomic events happening globally at present. The main highlight during the past week was inarguably the Fed’s new direction in inflation policies…
All eyes are on the COVID-19 vaccine’s development resulting in a slowdown of gains for hedging assets such as gold and Bitcoin. Despite this, decentralized finance (DeFi) tokens continue to…
In the past 7 days, Bitcoin yielded a 3.46% gain while gold faced a correction and the price is now down -2.33%. Major US stock indices NASDAQ is up 1.83%…
Chainlink (LINK) performed incredibly well during the past week and is now ranked number four on the SCN30 Index. Tezos (XTZ) came in silently before smashing through the previous resistance…
Despite a slight pull-back during the past weekend, the cryptocurrency market especially alternative coins (Altcoins) are seeing swift recoveries as they slowly take back market dominance of Bitcoin which sits…
After over a week of stagnation alike to Bitcoin (BTC), SCN30 has risen from 148.95 points to 161 points since 29th June while BTC by about US$100. The slumber period…
Above: Screengrab of SCN30 graph here.
Bitcoin remains to be volatile with no clear trendline, possibly due to fears of the economy caused by a potential second COVID-19 wave after…
Above: Screengrab of SCN30 graph here.
SCN30 now stands at 153.42 points, just one point more from a week ago. While the week’s trend seems to be fluctuating, Ethereum (ETH) alone…
Above: Screengrab of SCN30 graph here.
Bitcoin is now trading slightly below US$9,000 which breaks a critical support line from 2015. At one point, Bitcoin dipped US$300 on 12 June. SCN30…