BTC short 4 hours in the day in a narrow range oscillation, the market stood stable 26200 a line, above the pressure 26800 a line, KDJ indicator three lines slightly upward running, MACD indicator red hollow kinetic column discharge, the market current trend to see, more momentum is not enough to break through 26800 a line pressure, the market in the Saturday...
After filing lawsuits against cryptocurrency exchanges Coinan and Coinbase, sources say the U.S. stock exchanges may list Crypto.com as the next target of prosecution. According to crypto KOL @CryptoTea_ disclosed on social media, tokens such as SOL, SAND, MATIC, MANA, and ALGO, which are classified as securities by the SEC, have been listed on the Crypto.com...
Currently, publicly traded bitcoin mining companies mine at a cost of $10,000 to $15,000 per bitcoin. Once the halving occurs, these costs will double, bringing the break-even point for miners to $20,000 to $30,000. "If bitcoin doesn't seriously exceed $30,000, many of them will probably mine at a loss." Wall Street giant JP Morgan predicts that the cost of mining...
Currently, publicly traded bitcoin mining companies mine at a cost of $10,000 to $15,000 per bitcoin. Once the halving occurs, those costs will double, bringing the break-even point for miners to $20,000 to $30,000. "If bitcoin didn't seriously exceed $30,000, many of them would probably be mining at a loss." Wall Street giant JPMorgan Chase predicts that bitcoin...
ETH contract technical analysis: Today, the large cycle daily level yesterday reported in the negative, K-line pattern on the continuous Yin single Yang, before many friends do not understand why they have been trying to empty, then the current trend out believe that many people understand, (single Yang in more often than not we have to look at as a kind of...
BTC contract technical analysis: today, the large cycle daily level yesterday reported in the negative, the price running below the average, with chart indicators fast and slow line bonding dead fork downward discharge run, the current trend is more obvious, which is also the key to the current trend on the secondary pressure and the continuation of the outbreak...
The cryptocurrency market has been quiet of late, with bitcoin continuing to oscillate in the $27,000 range since early June. According to The Block Research, bitcoin's annualized volatility is currently around 32%, a significant drop from its historical average of 71%, and is currently lower than even Meta and Amazon stock. Bitcoin bull market to start by end of...
Regarding the November 2021 #Bitcoin all-time high , the current spot price is supported at the -61.8% golden ratio Fibonacci retracement of the $26.2K level. This provides additional convergence with our previous observations on key technical and on-chain levels. 🔴 STH-CB: $26K 🟠 Adjusted actual price: $25,300 🔵 200 WMA: $26,300 About #Bitc
USDC market share has fallen from 34.88% to 23.05% Over the past 1 year, USDC market share has fallen from 34.88% to 23.05%, with market cap dropping from a peak of $55 billion to $29 billion. BUSD's market share has plummeted from 11.68% to 4.18%, while Dai has kept its participation rate at 3.66%, down from 4.05% in May 2022. USDT, on the other hand, moved in...
#BTC 5.31 What I see is not opportunity but danger 1. The oscillating downward pattern since 31000 has not changed 2. A seemingly beautiful breakout, but behind the low volume, and no continuous positive line to follow, showing that the main force does not have a strong will to do more 3. Large range consolidation has been 2.5 months, the daily averages are also...
Five years after its exit from the Japanese market, Binance has launched plans to transition its Japanese subsidiary to a new platform. binance will begin building a new, fully regulated subsidiary in Japan. This follows Binance's acquisition of regulated cryptocurrency trading platform Sakura Exchange Bitcoin (SEBC) in November 2022. As part of the deal, SEBC...
I spent some time over the weekend looking at the correlation between Bitcoin and other global macro assets and here are some of the conclusions reached: Bitcoin's correlation with the tech sector has steadily declined over the past few months; Bitcoin's correlation with gold has remained relatively stable over the past few months. Since mid-March, the gap...
Ethereum's Layer 2 network experienced a surge in mainnet payments in May, reaching nearly 9,000 ETH, valued at $16.2 million.That's five times the total cost paid by Layer 2 in January, says Rebecca Stevens, a research analyst at The Block, largely due to soaring gas costs on the Ethereum master network. Data show that in Layer 2, Arbitrum became a major...
1 / The smart whale that made around $2.5 million during the #USDC decoupling is long ETH on #Aave. Today, this whale: - Converted 7,169 stETH with 7,169 ETH. - Deposited 7,169 stETH into #Aave. - Borrowed $8.45M USDT. - Deposited 8,450,000 USDT into #Binance (possible ETH purchase). 2/ Whale deposited 28,755 stETH ($52M) into Aave, borrowing a total of 36M...
The Bitcoin sell-side risk ratio is near an all-time low, which indicates that investors are reluctant to sell at the current price range, whether for profit or loss. The sell-side risk ratio quantifies the total amount of sell-side risk in the market, and it assumes that all profits and losses realized in the chain are potential sources of sell-side pressure. Low...
1. Spot volume fell back to May last year levels and volatility fell back to one-year lows. Cryptocurrencies are not significantly correlated with US stocks in the short term, suggesting that money from traditional money in cryptocurrencies is mainly going after Nasdaq. 2. will meme coin be able to build community and faith after profit taking leaves? 3. the...
1. A number of Fed officials spoke, releasing hawkish signals that once raised expectations for a rate hike. 2. But Powell Friday a hammer, hinting that interest rate hikes can be suspended, market expectations then fell back. 3. Debt ceiling crisis negotiations with a series of twists and turns. House President McCarthy and Biden said they would not default, but...
A necklace of indicators shows that LTC, the 12th largest cryptocurrency by market valuation, is trading at a discount. Specifically, LTC has a negative fair value market value (MVRV) Z-score as of press time. According to analyst firm Glassnode, a score below zero indicates that the cryptocurrency is undervalued relative to its fair value. Capitalization is...