How to Do Fundamental Analysis on Cryptocurrencies

Fundamental analysis of cryptocurrencies is an essential starting point in making generally accepted valuation and informed investment decisions on them. Being that they are not conventional assets like stocks or bonds, there is no conventional financial statement nor cash flow metric on which an analysis can be based. In the fundamental analysis of crypto, investors…

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Bitcoin and the Altcoin Season Index Explained

Altcoin Season Index at 35 confirms Bitcoin’s continued dominance in the crypto market. Gradual index rise hints at growing altcoin interest, yet Bitcoin still leads the market. Ethereum growth and blockchain advances may signal a potential shift toward altcoin focus. The CoinMarketCap (CMC) Altcoin Season Index registered a score of 35, indicating Bitcoin dominance over…

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Dogecoin’s 163% Rally Continues: Daily Active Addresses Hits New All-Time Highs

Dogecoin has displayed remarkable stability after its recent explosive rally, marking a 163% rise this month. Despite slight fluctuations, the meme coin’s bullish momentum remains intact.  Current market signals suggest the potential for further price gains, driven by increased network activity and strong investor sentiment. Dogecoin Is Noting a Strong Growth Dogecoin’s active addresses have…

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Bitcoin Up $90,000 is a Buy Signal According to Banks

Bitcoin experienced a up to just above $90,000 on Thursday morning, following two consecutive days of outflows from U.S. spot Bitcoin ETFs. At the time of this report, Bitcoin’s price has recovered to around $61,000, remaining stable throughout the last week but up by 4.4% for the week, according to market data. Standard Chartered emphasized…

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