CryptoX – Cryptocurrency Analysis and News Portal “The correction is driven by macro factors, specifically expected rate increases and liquidity tightening from the U.S. Fed. The 60d correlation between BTC and the S&P 500 was virtually 0 at the end of 2017 – now, it is over 65%,” Noelle Acheson, head of market insights Genesis Global Trading, said in a LinkedIn post titled “Did You Say Crypto Winter.” Original Source The post Bitcoin’s ‘MACD’ Indicator Threatens Long Term Bullish Bias as Rate Hike Fears Linger appeared first on CryptoX. CryptoX…
Month: January 2022
Bitcoin’s ‘MACD’ Indicator Threatens Long Term Bullish Bias as Rate Hike Fears Linger
“The correction is driven by macro factors, specifically expected rate increases and liquidity tightening from the U.S. Fed. The 60d correlation between BTC and the S&P 500 was virtually 0 at the end of 2017 – now, it is over 65%,” Noelle Acheson, head of market insights Genesis Global Trading, said in a LinkedIn post titled “Did You Say Crypto Winter.” Original
Ethereum Whale Splurges $637,000,000 on One Crypto Exchange Token, Making It Top Traded Coin Among ETH Investors
A large Ethereum (ETH) whale has spent over half a billion dollars to load up on the native asset of a crypto derivatives exchange. New data from whale-surveilling platform WhaleStats shows that the 105th-ranked Ethereum whale purchased 15,720,427 FTX Tokens (FTT) worth $637.14 million in a single transaction. 🐳🐳🐳🐳🐳🐳🐳🐳🐳🐳 An ETH whale just bought 15,720,427 #ftx token ($637,148,906 USD). Ranked #105 on WhaleStats: https://t.co/2do7yJzgy7 Transaction: https://t.co/JVi0s5JWod#FTX Token #ERC20 #DEFI #ETH #whalestats — WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) January 29, 2022 FTX Token is the utility token of…
I Lost $20,000 trying to build a Solar Powered Bitcoin Mining Farm
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I’m so frustrated, stressed, and just devastated. Here’s how I lost $20,000 trying to force a solar-powered Bitcoin mining farm before this insane crypto bullrun… Subscribe to VoskCoin – Get $250 for FREE and support VoskCoin w/ BlockFi – I was so excited to build out a solar-powered Bitcoin and Ethereum mining farm and document the entire journey here on YouTube for you all! Unfortunately, the solar mining farm build plans have blown up in my face. Not only was the lot…
US crypto executive order looms — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week with a bang — but not in the right direction for bulls. A promising weekend nonetheless saw BTC/USD attract warnings over spurious “out of hours” price moves, and these ultimately proved timely as the weekly close sent the pair down over $1,000. At $37,900, even that close was not enough to satisfy analysts’ demands, and the all-too-familiar rangebound behavior Bitcoin has exhibited throughout January thus continues. The question for many, then, is what will change the status quo. Amid a lack of any genuine…
How NFTs are Transforming the Art World
NFTs have taken the creative world by storm. They are altering the way that artists and galleries authenticate original works of art. These tokens came to the spotlight in March 2021 when a digital art piece by Mike Winkelmann, alias Beeple, sold for a record-breaking $69.3 million at a Christie’s Online Auction. It not only became the third most expensive artwork ever sold by a live artist, but it also managed to become the costliest digital asset ever sold as an NFT. Even the Bored Ape Yacht Club (BAYC), a…
Top 10 Cryptocurrency To Invest In For 2022
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io These are the Top 10 Cryptocurrencies To Buy And Invest In For 2022 – all based on data, past performance, historical trends related to market cap – Enjoy! Add me on Instagram: GPStephan GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC & SEE MY STOCK TRADES – USE CODE GRAHAM: NEW BANKROLL COFFEE NOW FOR SALE: DOWNLOAD MY NEW FINANCIAL APP: THE NEW PODCAST: The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank…
We See a Lot of Potential and Are Investing — CEO Tim Cook Says ‘It’s Very Interesting to Us’ – Metaverse Bitcoin News
Apple CEO Tim Cook says the metaverse has a lot of potential and his company is investing accordingly. “It’s very interesting to us,” he noted. Global investments banks Morgan Stanley and Goldman Sachs have predicted that the metaverse could be an $8 trillion opportunity. Apple Sees a Lot of Potential in the Metaverse, Says CEO Tim Cook Apple Inc. answered a question about the metaverse during its Q1 2022 earnings call last week. CEO Tim Cook was asked, “How are you thinking about the metaverse opportunity and Apple’s role in…
Major Developments on the Horizon – Sponsored Bitcoin News
ADALend’s mission is to democratize the lending industry by using the Cardano blockchain to eliminate the traditional banking middlemen. This will be accomplished through the development of a platform that connects borrowers, and lenders in a decentralized manner. With the help of blockchain technology and IOHK’s research and development, the platform will provide a simple, secure, and more transparent way of exchanging value. The decentralized lending platform will allow creditors to perform lending activities and create a safer and more efficient lending environment for all users. Ensuring the Security and…
Singapore firm uses blockchain to battle counterfeit COVID-19 jabs
Singaporean healthcare services provider Zuellig Pharma is using a blockchain-based network to track COVID-19 vaccinations to prevent practitioners from administering expired vaccines. Zuellig Pharma says that its new “eZTracker” management system can help prevent improperly stored or counterfeit vaccines from being used by allowing its clients to instantly verify the provenance and authenticity of their vaccines via a mobile app. “Accidents involving expired or improperly stored vaccines can be avoided,” said Daniel Laverick, vice-president and head of digital and data solutions at Zuellig Pharma. eZTracker uses the SAP blockchain to…