Analysts cannot evaluate Bitcoin like a stock, so sentiment plays an essential role in determining price trends. A sure shot way to improve one’s market analysis is to look at both the spot and derivative markets simultaneously. 

Coinbase gave some of its users free OmiseGo tokens this week, following its decision to list the cryptocurrency on its exchange. This news comes almost three years after OmiseGo carried out its original airdrop, which ran the summer of 2017.

A think tank released its plan on how the U.S. government should roll out a digital dollar. The digital dollar wouldn’t replace cash but instead act as a “third form of money” under control of the Federal Reserve, said the plan.

DeFi leader Maker has made headlines following an impressive rally that appears to have been triggered by the so-called “Coinbase Effect.”

Retail and institutional investors flock to Bitcoin as concerns grow about the ramifications of current monetary policies by central banks around the world. Despite the high levels of demand, there is a significant barrier ahead of BTC that must break before prices can reach higher highs.

The United States is threatening China with fresh sanctions over the new security law imposed in Hong Kong. As relations between the two countries sour, Bitcoin could benefit from an increase in capital inflow.

India’s most revered technology company, Infosys, will join the MATIC Network as an early validator. This marks a landmark partnership for MATIC and its goal of scaling Ethereum through Plasma. 

One of the so-called “Ethereum killers,” Cardano has been posting significant gains over the last few hours after its creator announced when the protocol would finally transition to a proof-of-stake consensus algorithm.

Volatility is back in the cryptocurrency market, and Theta Network has been one of the primary beneficiaries. THETA’s wild price action across multiple exchanges presents different opportunities to profit.

Theta Network made headlines after announcing that Google Cloud would serve as a node operator and cloud provider.

Given an alternative, people won’t stand for another failure in the financial system, like what happened in 2008—or what is happening now in response to COVID-19. Big banks won’t stand the test of time, but Bitcoin will.