2023-11-15 10:42 |
Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices. origin »
2023-11-15 10:42 |
Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices. origin »
As the highly anticipated Consumer Price Index (CPI) report was released, the cryptocurrency market has been on a rollercoaster ride this week. While the CPI came in lower than expected, indicating a cooling down of inflation, the impact on the market was anything but steady.
2023-4-13 22:30 | |
The global KuCoin cryptocurrency exchange has posted a job opening for a Metaverse Engineer, seeking to find a highly qualified specialist. The job posting includes a long list of prerequisites, outlining the future scope of work for the candidate, indicating the potential direction for KuCoin’s development in blockchain and metaverse space. Among the responsibilities that […]
2021-12-3 14:51 | |
Despite the ongoing retracement in the prices of Bitcoin, Ethereum, and other top cryptocurrencies, investors remain highly optimistic about this market. ETH, especially, has benefited from traders, with data from leading crypto exchange Bitfinex indicating that there are more long positions open for Ethereum than ever before.
2020-5-22 01:39 | |
Searches for “Bitcoin halving” on Google have seen an increase of 350%, compared to 2016 where its searches reached a value of 33 in their scales before the halving, indicating a highly increased interest of people ahead of the halving.
2020-5-10 17:38 | |
The growth rate of the Ethereum network is rising noticeably, indicating that the long-term outlook of ETH remains highly positive.
2020-4-5 20:45 | |
Summary:Bitcoin clearly broke upward out of reaccumulation trading that had spent three weeks consolidating sideways. The market has begun to drift into a zone of supply between the $5,700 and $6,000 levels.
2019-4-24 22:22 | |
After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind.
2019-3-9 02:08 | |
TRON and BitTorrent have announced a rough release date for their highly anticipated file-sharing software, BitTorrent Speed. Formerly known as Project Atlas, this tool promises to enhance download speed through token incentives.
2019-1-18 21:32 | |
Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10% in the span of just a few short hours:Figure 1: BTC-USD, Hourly Candles, 11% DropNot only did this move occur on high spread, it occured on high volume.
2019-1-12 02:21 | |
This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.
2018-11-30 01:45 | |
Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin decides where the next major move will be.
2018-10-31 00:19 | |
Bear markets refine industries. Overall sentiment becomes negative from all angles, and naysayers proclaim that crypto is “dead. ”Underneath all the fear, uncertainty and doubt, though, developers are still building.
2018-10-19 01:17 | |
Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies.
2018-8-25 00:42 | |