Yashu Gola is a Mumbai-based financial analyst who has been covering the cryptocurrency industry since 2014. Prior to his career in journalism, Yashu was a security analyst at Premiershield and a copywriter at Appin Technology.
The governance token earlier rallied exponentially despite dull price actions in the broader cryptocurrency market.
Axie Infinity (AXS) axes almost half its value following 971% bull run
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst.
Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after ...
Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K
On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there's a catch.
Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%
The Federal Reserve chairman sidelined inflation concerns, which appears to have coincided with a relief bounce for Ethereum.
Ethereum bounces but ETH price in danger of turning $2.3K into new resistance
The latest price declines came after the U.S. inflation rose to a 30-year high in June.
Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
The second-largest cryptocurrency sells off in line with Bitcoin as traders assess the latest U.S. inflation data.
Ethereum price dragged down below $2K as US inflation hits highest level since 1991