by OnlyCryptoReviews | Aug 3, 2022 | Market Analysis
Bitcoin was launched in 2009 due to the distrust in the traditional financial system and the centralized control of money. While most cryptocurrency enthusiasts believe it could one day replace physical cash, Bitcoin’s key characteristic is its volatility.... 
by OnlyCryptoReviews | Jul 21, 2022 | Market Analysis
Market sentiment drives the cryptocurrency market trends. There are two simple assumptions – most investors get greedy when the market is bullish, while fear results in bearish trends, making them panic sell when the value of crypto assets (primarily... 
by OnlyCryptoReviews | Jun 21, 2022 | Market Analysis
Celsius Network Ltd. froze withdrawals, swaps, and transfers after weeks of skepticism over the sustainability of the DeFi lending platform’s outsized returns, causing a global cryptocurrency selloff. Following the Celsius statement, cryptocurrency markets... 
by OnlyCryptoReviews | May 20, 2022 | Market Analysis
TerraUSD (UST), the largest Terra-issued algorithmic stablecoin, lost its peg to the U.S. dollar and plummeted far below its $1 peg this week, sending ripples throughout the crypto markets. Terra’s sister token, Luna, also suffered some of its biggest weekly losses in... 
by OnlyCryptoReviews | May 7, 2022 | How to Guides, Market Analysis
While cryptocurrencies have a viable monetary role as a medium of exchange, they are inherently too volatile to be used as a unit of account or a store of value. The unreliable nature of popular cryptocurrencies like bitcoin is the reason why cryptocurrency still... 
by OnlyCryptoReviews | Apr 23, 2022 | Market Analysis
In 2021, the worldwide crypto market capitalization surpassed $3 trillion, with lots of space for further expansion. Web 3.0 emerged as one of the new buzzwords in the crypto industry after the metaverse grabbed the internet by storm. While web 1.0 and web 2.0 aided...