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This is an excerpt from Kraken Intelligence's "The OTC Daily". To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com Since giving up the 50D SMA over the weekend and bouncing off a local low of $51K, the bulls have been struggling to turn the ship around and regain any kind of meaningful ground. As we...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com ADAUSD Statistics: Market Capitalization: $39B CryptoAsset Rank: #7 24-Hour Return: +1% 7-Day Return: -13% From All-Time High: -21% Recent News: Last week, Cardano founder Charles Hoskinson shared the roadmap for Cardano's...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com DOTUSD Statistics: Market Capitalization: $33B CryptoAsset Rank: #8 24-Hour Return: -1% 7-Day Return: -17% From All-Time High: -27% Potential Catalyst: A conference call is taking place today to discuss Interlay's proposal to add...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com DOGEUSD Statistics: Market Capitalization: $40B CryptoAsset Rank: #6 24-Hour Return: -19% 7-Day Return: +255% From All-Time High: -26% Technical Setup: Although today is international Doge day, DOGE has performed poorly over the...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com ETHUSD Statistics: Market Capitalization: $264B CryptoAsset Rank: #2 24-Hour Return: +5.5% 7-Day Return: -1% From All-Time High: -10% Recent News: Last week, Ethereum completed its Berlin upgrade. The hard fork set the stage for...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com BTCUSD Statistics: Market Capitalization: $1.05T CryptoAsset Rank: #1 24-Hour Return: +1.25% 7-Day Return: -11.2% From All-Time High: -13% Technical Setup: Yesterday, BTC closed below its 50D SMA for the first time since October 8,...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com With DeFi largely underperforming its peers over the past few months, it comes as no surprise that we're starting to see bullish momentum rotate back into the space over the past few days. This is evident when looking at DeFi's total value locked ...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com With DeFi largely underperforming its peers over the past few months, it comes as no surprise that we're starting to see bullish momentum rotate back into the space over the past few days. This is evident when looking at DeFi's total value locked ...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com What Is Monero (XMRUSD)? Monero (XMR) was among the first cryptoassets to feature cryptography that offered real advances in privacy and fungibility over available alternatives. Its key differentiator was its ability to allow users to send and...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com What Is Filecoin (FILUSD)? Filecoin is a cryptoasset that aims to incentivize a global network of computer operators to provide a file sharing and storage service. Project founders claim that if enough people adopt it, it could become the...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com What Is BitTorrent (BTTUSD)? BitTorrent captured the hearts of many music and movie enthusiasts in the early 2000s when it launched software that facilitated file sharing over a peer-to-peer network. Rather than downloading or uploading files to a...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com LTC Statistics: Market Capitalization: $17.8B CryptoAsset Rank: #9 24-Hour Return: +9.5% 7-Day Return: +11% From All-Time High: -29% Technical Setup: While many of the largest cryptoassets by market cap recently hit a new all-time...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com BTC Statistics: Market Capitalization: $1.18T CryptoAsset Rank: #1 24-Hour Return: +5% 7-Day Return: +8.25% From All-Time High: -1% Technical Setup: After roughly 6 weeks of trending sideways in what many were calling a symmetrical...

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CRVUSD appears to be in the final innings of a cup & handle pattern formation, which suggests that CRVUSD could move to ~$6 in the not so distant future. For this to happen, CRVUSD needs to continue to respect the upward support of the handle and move through $3.50 resistance. That's no small task, but certainly within the realm of possibilities when considering...

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To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com With the end of March creeping up on us all, it should be noted that BTC is on track to close out a fourth consecutive quarter of gains. What's most notable about the current trend is that we've historically seen BTC put up 5 back-to-back...

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BTC's inability to hold onto $50K support after rebounding as high as $51.6K earlier in the session has some market participants weary of a retrace back down to $45K/$40K in what could be a much more severe correction. However, before throwing in the towel and automatically assuming that the bears are set to remain in control in the days/weeks ahead, one ought to...

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BTC's push beyond $20,000 over the past few days has hurled the cryptoasset into uncharted waters and a new all-time high being set every few hours or so. Given that BTC has no prior price action with which market participants can lean on, it should be assumed that BTC is just as likely to continue pushing higher as it is to conclude what is currently a 6-day...

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On December 17, 2017, BTC soared to an all-time high of $19,660 before kicking off a year-long bear market cycle. Well, 2 years and 364 days later, BTC is decisively trading above $20,000 for the first time in history. The breakout follows a climb back into a multi-month ascending broadening wedge and a moonshot through psychologically significant $20,000...