The Best of Cryptocurrency 2021

Here at Token Metrics, we understand that our most valuable asset is you, our audience.  With your help, we have put together a special ceremony called the Moon Awards. The Moon Awards will put important aspects of cryptocurrency under review, with the best items in each category decided by your vote. The Moon Awards With so many facets of cryptocurrency to cover, we have broken…

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Bitcoin (BTC) Earns Its Spot – Chasing Bitcoin

A 14% drawdown in the price of BTC ensued in the week before writing. The asset has been mostly decreasing in value since Bitcoin ETFs became available to equities traders.  Token Metrics’ Bill Noble argues that this is commonplace when equities intersect with crypto. We saw this recently when bitcoin reached its former all-time high price of $64,000 on the Coinbase IPO day then crashed…

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What Drove Bitcoin’s Drop Below $60k?

Bitcoin recently experienced a 10% daily downturn from $65k to $58k. While volatility is to be expected in crypto, it is still important to understand the market conditions that lead to these movements.  Last week, inflation news pushed Bitcoin’s price past all-time highs. As a result, many traders opted to open long positions. Within the past 24 hours, however, many of these newly leveraged traders…

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The Mt. Gox Avalanche – Chasing Bitcoin

Welcome back everyone for our fourth installment of Chasing Bitcoin, our series on Bitcoin where we try to use its past to help predict the currency’s future. Bitcoin and the greater crypto market have experienced some volatility in the past few days, but Bitcoin historians know that this volatility is not par from the course for the asset. Two of the best examples of this…

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