Month: March 2022

Here’s a clever options strategy for cautiously optimistic Bitcoin traders

boss

Bitcoin (BTC) entered an upward channel in early January and despite the sideways trading near $40,000, order book analysts cited “significant buying pressure” and noted that the overall negative sentiment might be heading towards exhaustion. Bitcoin/USD price at FTX. Source: TradingView Independent analyst Johal Miles noted that BTC’s price formed a bullish hammer candlestick on its daily chart on Jan. 24 and Feb. 24, hinting that the longer-term downtrend is close to an end. However, the rally above $41,000 on Feb. 28 was unable to create strong demand from Asia-based traders, as…

Short Traders Decimated As Bitcoin Barrels Past $43,000

boss

Bitcoin has surprised the market with its recent surge. The digital asset which has been struggling below $40,000 for the past week made a break for it with an incredible rally that saw its peak above $44,000. It took the market by surprise and no doubt the traders as liquidations have been the order of the day. Short traders have gotten the short end of the stick as they see hundreds of millions liquidated in the past day. Bitcoin Liquidations Run Amok Short traders have been dominating the market for…

Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades – Markets and Prices Bitcoin News

boss

According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded fiat-denominated pair globally excluding two crypto assets. Report Highlights Russian Rubles Pouring Into Tether, Data Shows Binance RUB-Denominated Crypto Trading Pairs Spike 24 hours ago, Bitcoin.com News reported on ruble (RUB)-denominated crypto volumes increasing and further investigation shows the trend has continued. According to a report published by vice.com…

Bitcoin Soared 20% In Two Session With Crypto Demand As Haven

boss

With the price of Bitcoin climbing again, it’s not surprising that other cryptocurrencies are jumping too. As an investment vehicle and possible way around sanctions in Russia or elsewhere-this could be very interesting. This week, the cryptocurrency has been on an unstoppable rise, with prices climbing 8% in NY trading hours and over 20% in just two sessions. At one point, it overtook Bitcoin’s market value at $44,964 per coin, bringing its total capitalization above $840 billion. Related Reading | Bitcoin Breaks Above 50-Day SMA, Will BTC Ride It Out…

Raoul Pal Ethereum – When Should You SELL? Biggest Opportunities In The Crypto Market (2022)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Raoul Pal Ethereum – When Should You SELL? Biggest Opportunities In The Crypto Space (2022) Macro Investor Raoul Pal in his latest shares where he thinks the Crypto Market is at and what he expects for Bitcoin & Ethereum in 2022. 🔥 Earn up to $250 in crypto when you signup and start earning passive income with BlockFi! 🔐 What I use to keep my crypto secure! If you’ve been in the Crypto space long enough, you would know that Macro Investor…

Crypto dealer SFOX gets trust charter approval from Wyoming regulators

boss

The State of Wyoming has approved California-based crypto broker SFOX for a trust charter, allowing the firm to provide custodial and other crypto-related services to institutional clients. In a Tuesday announcement, SFOX said the Wyoming trust charter will allow the firm to operate in the state as the SAFE Trust Company, offering services to institutional clients, private clients, and advisers. According to the company, SAFE will “serve in a variety of fiduciary roles” including direct trustee, discretionary trustee, trust advisor, and protector. “The new charter will enable us to provide…

Here’s What Cardano Will Roll Out With New Upgrade As Price Soars 12%

Cardano follows the general sentiment in the market as it records a 4.2% profit in the last 24 hours. The price of ADA trades north of $0.96 with a 12.6% profit in the last 7 days. ADA with moderate profits on the 4-hour chart. Source: ADAUSDT Tradingview Cardano seems to benefit from an overall increase of demand across digital assets and potential mitigation of macro-economic headwinds for risks-on assets. In addition, the network seems to be steadily moving towards new improvements. Related Reading | Cardano Inventor Front-Ran SundaeSwap Users? Research…

ADAPad, BSCPad, ETHPad, VelasPad, PulsePad Launchpads – Sponsored Bitcoin News

boss

sponsored While cryptocurrency and blockchain technology is still relatively new, they have been rapidly growing, with companies taking advantage of this new, innovative, and disruptive technology that is reshaping many industries, namely the financial sector. The lending industry is currently a multi-billion dollar industry, with loans being provided by banks and other financial institutions to individuals and businesses alike; nevertheless, it’s been plagued by trust and transparency issues. The decentralized nature of blockchain technology has led to the rise of a new generation of financing platforms like ADALend, aiming to…