Despite continued strong on-chain fundamentals, BTC lost over 11% of its value in Week 36 — but it still outperformed altcoins, which took an even larger tumble. — Bitcoin Market Health Along with the rest of the market, the price of BTC fell quite significantly during Week 36. Bitcoin started out the week at $11,622 and ended it at $10,343. …

Uniswap has long been one of Ethereum’s favorite projects. But the emergence of SushiSwap may be threatening its very existence. — Uniswap is in the battle of its life against a new competitor: SushiSwap. But is this a case of fair game, healthy competition, or daylight robbery? What is Uniswap? 🦄 In short, Uniswap is a decentralized exchange (DEX) on Ethereum. More specifically, it is an automatic market maker for liquidity provision, allowing anyone to…

As the DeFi ecosystem continues to grow, BTC is losing market dominance. Despite largely healthy fundamentals, its growth potential seems unable to match the latest innovations in crypto. — Bitcoin Market Health The $12k price level has eluded BTC for yet another week, with prices staying within a narrow $600 range between $11.2k and $11.8k. Bitcoin started Week 35 at $11,680 and ended the week at $11,640, neither gaining nor losing much ground against USD, but losing market dominance as altcoins (especially…

After touching $12k yet again, BTC has dropped back down into the mid-11000s. Altcoins are also losing market cap as the boom of the past few weeks slows down. — Bitcoin Market Health After starting the week at $11,850, bitcoin ended Week 34 down slightly, at $11,680. Despite surpassing $12k early in the week, BTC did not manage to maintain support at this level, dropping down to stabilize in the mid-11,000s for the remainder of the week.

BTC is still testing $12k as crypto’s collective market cap continues to rise. On-chain fundamentals remain strong, but DeFi appears to be receiving more attention than bitcoin in the current market. — Bitcoin Market Health After climbing steadily through Week 32, BTC saw slightly more modest price gains for Week 33, increasing slightly from $11,700 to $11,870. It started the week with a rapid spike up to $12k, then traced back down to $11,250 before recovering toward the end of the week.

The amount of fees being spent on Ethereum has reached an all-time high. What is driving this gas price spike, and what part do arbitrage bots have to play? — The amount of fees being spent on the Ethereum network is higher than ever before (now even higher than the single day in June with anomalous fees unrelated to regular network usage). Over 17,500 ETH (USD$6.8 million) are currently being spent on fees daily on Ethereum.

With BTC now testing the $12k price point, it seems as though the next bull market may have begun. However, with on-chain fundamentals slowing slightly, investors should stay wary. — Bitcoin Market Health Bitcoin had another high-performing week, starting out Week 32 at around $11,100 and ending the week at $11,650. As of Monday morning, it has spiked up even further, and is currently hovering slightly below $12,000.

BTC remained confidently above $10k throughout Week 31, and on-chain fundamentals point to the potential beginning of a bull market — but external market forces may still impact this potential. — Bitcoin Market Health Bitcoin had another eventful week, rising and staying above $10k for the first time since August 2019. The price rose from $9880 to a high of $12,030, before dropping sharply to end Week 31 at around $11,120.

As on-chain fundamentals grow stronger, BTC has passed the $10,000 barrier — but rather than capitulating, miners are holding onto their coins, indicating high confidence. — Bitcoin Market Health Bitcoin has seen significant gains over the past week, consistently rising in price from $9190 to $9900. Early on Monday morning, BTC passed $10k, and is currently sitting around $10,250.