Historically speaking, August and September are the worst months of the year for #BTC price.
From 2011–2022, August has seen positive performance for BTC only five times, with the other seven months being in the red. September is even worse with just four out of 12 months seeing positive performance.
Click here to learn more
From 2011–2022, August has seen positive performance for BTC only five times, with the other seven months being in the red. September is even worse with just four out of 12 months seeing positive performance.
Click here to learn more
Right now #Bitcoin is giving a buy signal in the short term and for #intraday. But we see strong resistance above $30123.89. In our case we only observe the development of what could be the 3D reversal wave.
Click here to learn more
Click here to learn more
Support Levels for #Bitcoin:
STH Realized Price = 28.1K
STH 1m-3m Realized Price = 28K
Click here to learn more
STH Realized Price = 28.1K
STH 1m-3m Realized Price = 28K
Click here to learn more
👍1
Trading volume on #spot #exchanges has decreased tenfold since March 20th to 1.1B, which at the current exchange rate is equal to 37K #BTC.
Such a level is not considered critical; prior to 2020, the current volume was considered large.
Click here to learn more
Such a level is not considered critical; prior to 2020, the current volume was considered large.
Click here to learn more
#LINK token of the Web3 service platform, Chainlink, at the beginning of the week last Monday, had a price of USD 7.21. However, its price increased to USD 7.8 in the morning hours of today, August 9.
In this period, the LINK price increase was 8%, although in the last hours the price of the token has decreased slightly to USD 7.7, according to data from #CoinMarketCap.
Click here to learn more
In this period, the LINK price increase was 8%, although in the last hours the price of the token has decreased slightly to USD 7.7, according to data from #CoinMarketCap.
Click here to learn more
👍1
More Forex And Crypto News here https://social.wubits.io/share/invite?rid=63dffbc796acc11510f0903b&utm_source=link - join now!
#RocketPool (#RPL), the governance token of the eponymous staking pool, went from trading at $26.35 to $28.70 in the last 24 hours, an increase of more than 10%.
In this way, it was positioned among the crypto assets that showed the most gains in this period, even despite the fact that its price, subsequently, slowed down slightly.
Click here to learn more
In this way, it was positioned among the crypto assets that showed the most gains in this period, even despite the fact that its price, subsequently, slowed down slightly.
Click here to learn more
The price of #THORChain (#RUNE), the native currency of the network that bears the same name, has risen more than 13% in the last 7 days.
With such appreciation, it was established as the second crypto asset with the highest earnings of this period, within the ranking of the 100 with the highest capitalization.
Click here to learn more
With such appreciation, it was established as the second crypto asset with the highest earnings of this period, within the ranking of the 100 with the highest capitalization.
Click here to learn more
#Bitcoin #BTC #BTCUSDT #BTCUSD continues to define its trend in terms of #liquidity. There was an attempt to break the resistance at $29991.52 on August 8, but the net strength was very fragile.
Really, the futures market and other derivatives have made a market that was extra volatile at the mercy of the institutions.
Click here to learn more
Really, the futures market and other derivatives have made a market that was extra volatile at the mercy of the institutions.
Click here to learn more
#Q2's relatively strong earnings season roared on, with key mega-cap tech, travel, biotech, and consumer discretionary stocks mostly beating expectations. #Bitcoin #Fidelity.
In #economic #data, Friday's nonfarm payroll update revealed less-than-expected job growth in July, clocking in at an increase of 187,000 jobs versus an expected 200,000.
Click here to learn more
In #economic #data, Friday's nonfarm payroll update revealed less-than-expected job growth in July, clocking in at an increase of 187,000 jobs versus an expected 200,000.
Click here to learn more
❤1
#Ether quarterly futures are popular among whales and arbitrage desks. However, these fixed-month contracts typically trade at a slight premium to spot markets, indicating that sellers are asking for more money to delay settlement.
As a result, #ETH futures contracts in healthy markets should trade at a 5 to 10% annualized premium — a situation known as contango, which is not unique to #crypto #markets.
Click here to learn more
As a result, #ETH futures contracts in healthy markets should trade at a 5 to 10% annualized premium — a situation known as contango, which is not unique to #crypto #markets.
Click here to learn more
👍4
It was a quiet week once again in crypto markets.
#Bitcoin was largely unchanged, up 0.4%, even as declining inflation data provided a midweek jolt to risk assets.
#Equities were down on the week as the bump provided by Wednesday’s #CPI reading was short-lived.
Click here to learn more
#Bitcoin was largely unchanged, up 0.4%, even as declining inflation data provided a midweek jolt to risk assets.
#Equities were down on the week as the bump provided by Wednesday’s #CPI reading was short-lived.
Click here to learn more
#Bitcoin Market Overview Following #On-Chain Data On #CryptoQuant
Let's analyze the current situation in the cryptocurrency market using on-chain data.
Read More: https://www.publish0x.com/rubikkav/bitcoin-market-overview-following-on-chain-data-on-cryptoqua-xdkyxwn
Let's analyze the current situation in the cryptocurrency market using on-chain data.
Read More: https://www.publish0x.com/rubikkav/bitcoin-market-overview-following-on-chain-data-on-cryptoqua-xdkyxwn
The great tetherization of the futures market:
The percentage of OI futures backed by #crypto (as opposed to stablecoins) has decreased from 70% to now just 23%. Why is it important?
If you buy #Bitcoin/ #ETH with Bitcoin/ETH as collateral and the market goes against you...
Click here to learn more
The percentage of OI futures backed by #crypto (as opposed to stablecoins) has decreased from 70% to now just 23%. Why is it important?
If you buy #Bitcoin/ #ETH with Bitcoin/ETH as collateral and the market goes against you...
Click here to learn more
❤1
#Bitcoin continues to seek to step on a significant weekly resistance, and then continue with the parabolic shot.
For #Ethereum, #Optimism, #Polygon and #Arbitrum, we are really interested in studying the correlation between these digital assets.
Read the complete article here: https://www.publish0x.com/rubikkav/weekly-technical-fundamental-for-ethereum-follow-up-and-the-xyqpjkn
For #Ethereum, #Optimism, #Polygon and #Arbitrum, we are really interested in studying the correlation between these digital assets.
Read the complete article here: https://www.publish0x.com/rubikkav/weekly-technical-fundamental-for-ethereum-follow-up-and-the-xyqpjkn
👍2
From: rubikkav.nft
The possibility that major #institutional #investors have completed their #BTC #accumulation #Bitcoin
$15.7K, the low created after institutions mass-bought, seems to be the lowest point in this cycle, and if 'Token Transferred' and 'Velocity speed' increase along with price...
Click here to learn more
The possibility that major #institutional #investors have completed their #BTC #accumulation #Bitcoin
$15.7K, the low created after institutions mass-bought, seems to be the lowest point in this cycle, and if 'Token Transferred' and 'Velocity speed' increase along with price...
Click here to learn more
#Cardano, one of the largest altcoins in the crypto ecosystem and an alternative to #Ethereum, has entered the accumulation phase. Large wallet investors holding #ADA have continued scooping up the altcoin, despite its consistent price decline over the past four months.
Click here to learn more
Click here to learn more
Hedera Hashgraph’s #HBAR token took the lead among major #cryptocurrencies on Monday with a gain of 15% over the last 24 hours, after the #US #FederalReserve ’s #FedNow added a Hedera Hashgraph-based micropayments platform, Dropp, as a service provider.
Click here to learn more
Click here to learn more
The price of #Sandbox (#SAND), the #token of the metaverse and gaming platform of the same name, has maintained a downward trend in the last month, as it has done since the beginning of the year.
Its price fell 14.78% in the last 30 days. It went from $0.45 to $0.39 at press time. This depreciation was pushed by the approach of the unlock of SAND tokens that took place this morning.
Click here to learn more
Its price fell 14.78% in the last 30 days. It went from $0.45 to $0.39 at press time. This depreciation was pushed by the approach of the unlock of SAND tokens that took place this morning.
Click here to learn more
#BTC #correlation with #US equities and investment grade bonds prices (as proxied by iShares Core U.S. Aggregate Bond #ETF - AGG) has risen to 40% and 33% respectively in August.
The trend suggests that BTC is increasingly moving in tandem with traditional assets after being mostly uncorrelated to both equities and bonds this year.
Click here to learn more
The trend suggests that BTC is increasingly moving in tandem with traditional assets after being mostly uncorrelated to both equities and bonds this year.
Click here to learn more