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GMX Token Faces Triple Top Rejection: Key Levels to Watch – Is This a Buying Opportunity or Further Descent Ahead?

In July, The GMX token experienced a surge, hitting our projected resistance level of $60 and even touching the 200-day moving average, which stands at approximately $62. However, this euphoria was short-lived as the token faced three consecutive rejections at this level, possibly indicating a Triple Top formation. дальше »

2023-8-22 18:18


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Bitcoin Crashes Below 8-Month Support Line, More Pain Incoming?

For the first time since early January, Bitcoin is changing hands below a critical support band and the 20-week moving average, evident in the weekly chart. An analyst on X, formerly Twitter, pointed out this formation and has since raised questions about the coin’s prospects in the days and weeks ahead. Bitcoin is trading at […] дальше »

2023-8-22 05:00


Drowning In Complexity: Bitcoin Miners Submerged By Soaring Mining Difficulty

Bitcoin miners face mounting challenges as the difficulty adjustment in Bitcoin (BTC) mining continues to impact profitability and an energy crisis disrupts operations.   Created by Satoshi Nakamoto, the difficulty adjustment protocol aims to maintain an average interval of 10 minutes between new blocks, affecting the mining process and costs. дальше »

2023-8-10 12:50


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USDC Vs USDT: Which Stable Do Institutional Traders Prefer?

Here’s what data suggests regarding which of USD Coin (USDC) and Tether (USDT) do institutional stablecoin investors prefer. Average Transaction Size For USDC Is Greater Than USDT In a new post on X, the market intelligence platform IntoTheBlock has discussed how the metrics related to the two largest stablecoins in the sector compare against each […] дальше »

2023-8-10 03:00


Bitcoin balances on top exchanges: What history tells us about future bull runs

Quick Take Of the three cryptocurrency exchanges holding the largest amounts of Bitcoin, Bitfinex has 320,000 BTC, Coinbase has 439,000 BTC, and Binance has 650,000 BTC. When considering the average withdrawal price across all exchanges, Bitfinex’s cost basis for BTC is way below the current market price at 10,000 USD and thus is often referred […] The post Bitcoin balances on top exchanges: What history tells us about future bull runs appeared first on CryptoSlate. дальше »

2023-7-31 19:00


Bitcoin Cash price moved to a bear market: Buy the dip?

Bitcoin Cash price has moved to a bear market after falling by 22%. The coin has more short-term downside as it moves from the overbought zone. Some investors believe this is a good time to dollar cost average (DCA) Bitcoin Cash price has moved into a bear market as investors start taking profits after the […] The post Bitcoin Cash price moved to a bear market: Buy the dip? appeared first on CoinJournal. дальше »

2023-7-6 19:08