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Did A Bitcoin “Zig-Zag” Shake Out The Crypto Market?

Bitcoin price is shockingly close to its former 2017 peak, causing widespread panic, fear, and despair across the crypto market. But could the violent move down be a text book zig-zag correction? And if so, what does this mean for the crypto market next? Bitcoin Price Action Follows Deadly Zig-Zag Pattern Despite the narrative from 2020 forward that Bitcoin and cryptocurrencies had matured has an asset class, the recent collapse reminded the world that digital assets remain speculative. дальше »

2022-6-16 00:33


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French Lawmaker Pierre Person Calls For Europe To Have A Clear Strategy On Crypto

While some regulators remain fairly pessimistic about the crypto markets, others believe the nascent market will usher in the next phase of innovation and global competition. Pierre Person, a long-time proponent of Europe embracing the nascent market, has again called for the bloc to push towards becoming a center for crypto and blockchain innovation. Person’s […] дальше »

2022-6-10 01:43


Bitcoin On-Chain Data Signals A Long Squeeze Brewing In Futures Market

On-chain data shows the Bitcoin open interest is sharply rising, a sign that a long squeeze may be brewing in the crypto futures market. Bitcoin Open Interest Has Observed Rise Recently, While Funding Rates Remain Positive As pointed out by an analyst in a CryptoQuant post, the futures market may be heading towards a long squeeze in the near future. дальше »

2022-5-31 22:00