After #Bitcoin's abrupt fall on September 11, it has recovered approximately 5.76% to date. We believe that what drove the price up was the official news from the German bank that it wanted a share in the market.
The truth is that the market still does not show signs of a strong reversal. There is simply a strong supply and demand fight between the median prices of $24523.21 and $26699.41. Losing the support of $26408.79, rest assured that many will want to open short positions instead of joining the rally of long positions.
Read the complete article here: https://www.publish0x.com/rubikkav/bitcoin-went-up-today-but-other-news-gave-a-lot-to-talk-abou-xdkrmyd
The truth is that the market still does not show signs of a strong reversal. There is simply a strong supply and demand fight between the median prices of $24523.21 and $26699.41. Losing the support of $26408.79, rest assured that many will want to open short positions instead of joining the rally of long positions.
Read the complete article here: https://www.publish0x.com/rubikkav/bitcoin-went-up-today-but-other-news-gave-a-lot-to-talk-abou-xdkrmyd
From: rubikkav.nft
#Bitcoin is deflationary. In fact, it's the only asset on Earth to not only have no inflation rate, it's supply diminishes every single day, making it the world's first deflationary store of value asset. Let's dig in. 👇🏽
Inflation is a metric that can only be applied to so...
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#Bitcoin is deflationary. In fact, it's the only asset on Earth to not only have no inflation rate, it's supply diminishes every single day, making it the world's first deflationary store of value asset. Let's dig in. 👇🏽
Inflation is a metric that can only be applied to so...
Click here to learn more
From: rubikkav.nft
#Bitcoin’s Limited Supply Creates Scarcity and May Increase Its Value Over Time, according to #VenEck
Bitcoin interest among institutional investors has also increased.
Bitcoin may potentially increase portfolio diversification because of its low correlation to traditional ...
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#Bitcoin’s Limited Supply Creates Scarcity and May Increase Its Value Over Time, according to #VenEck
Bitcoin interest among institutional investors has also increased.
Bitcoin may potentially increase portfolio diversification because of its low correlation to traditional ...
Click here to learn more
From: rubikkav.nft
The #AxieInfinity #token (#AXS), belonging to the game that bears the same name, took off between last Monday and today, Friday, September 15, after the “Axie Game Jam,” a competition for developers, was announced.
The price of the token went from being at USD 4.52 on Monday...
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The #AxieInfinity #token (#AXS), belonging to the game that bears the same name, took off between last Monday and today, Friday, September 15, after the “Axie Game Jam,” a competition for developers, was announced.
The price of the token went from being at USD 4.52 on Monday...
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Remember that other news regarding the economy, forex and cryptocurrencies are being shared on the new Wubits social network.
Join now https://social.wubits.io/share/invite?rid=63dffbc796acc11510f0903b&utm_source=link and follow us on our main account @rubikkav.nft
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#Bitcoin Long-Short Liquidation Heatmap
As the price recovers towards $26,000, longs have increased and there is a high concentration of long liquidation at $25,700. And above its current price, short liquidation is concentrated at $27,100.
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As the price recovers towards $26,000, longs have increased and there is a high concentration of long liquidation at $25,700. And above its current price, short liquidation is concentrated at $27,100.
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Despite experiencing some fluctuations during the middle of the week, #bitcoin managed to conclude the week on a positive note, with a 3.2% increase, according to #nydig #report.
Bitcoin Price dropped to as low as $24,900 on Monday due to news of FTX's decision to liquidate its digital asset holdings in order to meet the demands of its creditors in the bankruptcy case.
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Bitcoin Price dropped to as low as $24,900 on Monday due to news of FTX's decision to liquidate its digital asset holdings in order to meet the demands of its creditors in the bankruptcy case.
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The premium for #Ether futures hit its lowest point in three weeks, standing at 2.2%, indicating a lack of demand for leveraged long positions, according to #CoinTelegraph. Ether 25% delta skew indicator briefly shifted to a bullish stance.
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Remember that our growth in #Wubits depends on you doing these simple tasks within our posts. Dont forget it!
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Liquidity across the Bitcoin market continues to decline, with volumes on and off the network reaching historic lows. Currently short-term holders are at a loss.
🔵 More than two-thirds of long-term (LTH) investors' BTC (68.28%) are in latent profit.
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🔵 More than two-thirds of long-term (LTH) investors' BTC (68.28%) are in latent profit.
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Scientific Compilation Data From #Bitcoin And Other #Cryptocurrencies Suggests We Will See Improvement In Trading Soon
Read The Complete Article Here: https://www.publish0x.com/rubikkav/scientific-compilation-data-from-bitcoin-and-other-cryptocur-xjdjxzo
Read The Complete Article Here: https://www.publish0x.com/rubikkav/scientific-compilation-data-from-bitcoin-and-other-cryptocur-xjdjxzo
Developments continue in the #stablecoin area, with recent highlights including the launch of #PayPal’s own stablecoin, #PYUSD, and #Visa rolling out support for #USDC payments on the #Solana #blockchain, according to #crypto.com.
Decentralized stablecoins have innovative stability mechanisms, typically making use of over-collateralized #DeFi protocols and algorithms; however, centralized stablecoins currently dominate the market share.
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Decentralized stablecoins have innovative stability mechanisms, typically making use of over-collateralized #DeFi protocols and algorithms; however, centralized stablecoins currently dominate the market share.
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From: rubikkav.nft
#THORChain (#RUNE), the native coin of the eponymous network, has had a price increase that made it stand out in the cryptocurrency market.
Over the past four days, RUNE went from trading at $1.47 to $1.92, representing an increase of more than 20%. Such performance now plac...
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#THORChain (#RUNE), the native coin of the eponymous network, has had a price increase that made it stand out in the cryptocurrency market.
Over the past four days, RUNE went from trading at $1.47 to $1.92, representing an increase of more than 20%. Such performance now plac...
Click here to learn more
The price of the #IOTA cryptocurrency has fallen more than 10% in the last week. The drop is fueled by recent announcements from the development team.
At the time of this publication, IOTA is trading for $0.1524. 7 days ago, the cryptocurrency was trading at USD 0.1727.
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At the time of this publication, IOTA is trading for $0.1524. 7 days ago, the cryptocurrency was trading at USD 0.1727.
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Layer 2 networks for #Ethereum are experiencing a significant surge in activity, currently processing transactions at a rate five times higher than the Ethereum mainnet itself, according to #bitfinex last #report.
Ethereum’s total value locked (TVL) currently stands at aroun...
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Ethereum’s total value locked (TVL) currently stands at aroun...
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From: rubikkav.nft
Last week, #FTX gained court approval to begin liquidating its significant crypto holdings estimated at $3.4bn, says the last #Kaiko #Report.
According to the latest court documents, FTX holds more than $1.1bn in SOL as well as around $870mn in #BTC, #ETH, and #USDT.
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Last week, #FTX gained court approval to begin liquidating its significant crypto holdings estimated at $3.4bn, says the last #Kaiko #Report.
According to the latest court documents, FTX holds more than $1.1bn in SOL as well as around $870mn in #BTC, #ETH, and #USDT.
Click here to learn more
Summary of #GlassNode's Latest #Report
#Bitcoin market continues to languish around $26k, after prices failed to hold above the cycle midpoint level at around $31.4k.
It can see that the cost basis of STHs who are spending fell below the cost basis of holders as the market ...
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#Bitcoin market continues to languish around $26k, after prices failed to hold above the cycle midpoint level at around $31.4k.
It can see that the cost basis of STHs who are spending fell below the cost basis of holders as the market ...
Click here to learn more
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From: rubikkav.nft
The share of #Bitcoin puts options volume (bearish bets) has increased in early September to its highest level since February, according to #Kaiko #Report.
Implied volatility has also rebounded from mid-summer lows suggesting traders expect volatility ahead.
Click here to learn more
The share of #Bitcoin puts options volume (bearish bets) has increased in early September to its highest level since February, according to #Kaiko #Report.
Implied volatility has also rebounded from mid-summer lows suggesting traders expect volatility ahead.
Click here to learn more
Crypto Coinfessions ✖️
Kaspa cryptocurrency (KAS) has seen a 15% rise in the past seven days. #crypto #trade #signal KAS was trading at $0.037 a week ago and as recently as $0.041 earlier in the day today, September 7. At the time of publication of this article, it has a price…
Since our last update Kaspa #Kas has appreciated more than 20%. Congratulations. 🔥📈💹🐋