Data shows the Bitcoin trading volume has continued to remain at low levels this week, weakening the latest rally in the crypto’s price. Bitcoin Spot Trading Volume Has Recently Stabilized At Low Values As per the latest weekly report from Arcane Research, the BTC spot volume has continued to stabilize at relatively low values this week. The “daily trading volume” is an on-chain indicator that measures the total amount of Bitcoin being transacted on the network on any given day. When the value of this metric goes up, it means…
Day: April 6, 2022
🐳 I longed the SFP with 200,000,000!!!!!!!! Bitcoin Technical Analysis.
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BTC Bitcoin Technical Analysis live now price prediction today 2021 29.11.21 $BTC followed CCPool’s prediction perfectly for a SFP of the range low to give us a long entry. Price finds resistance on Igor session. – Want To Win More Trades, Make More Money? – Want To CRUSH THE CHARTS Like A Champion? – Want to join our THRIVING community of over 12,000 Champions and get exclusive tips, tricks, tactics and strategies to fuel YOUR trading success TODAY! Any advisory or signal…
ESPN and Tom Brady’s Autograph ink multi-year NFT deal
ESPN and Autograph, the nonfungible token (NFT) platform co-founded by Tom Brady, announced a multi-year partnership on Wednesday that kicks off with a documentary release and an NFT collection. A 10-part ESPN+ documentary series called “Man in the Arena: Tom Brady” chronicles the milestones of the NFL legend’s career through a psychological and emotional lens. The docuseries is produced by Religion of Sports, a media company in which Brady is also a co-founder. Autograph and Religion of Sports designed the “Man in the Arena: Tom Brady Collection” to be ESPN’s first series…
Bitcoin Extends Pullback Toward $40K-$43K Support
Bitcoin (BTC) broke below a month-long uptrend, which means sellers are in control. Pullbacks appear to be short-term within a broader recovery phase from January lows. Original
Altcoin Built on Ethereum Blasts Into Stratosphere With 425% Rally As Two Crypto Exchanges Boost Adoption
A decentralized exchange (DEX) that offers cross-chain swaps is soaring after its native token received the green light from a pair of cryptocurrency marketplaces. TitanSwap (TITAN) first dropped a hint via Twitter on March 31st that an exchange listing was right around the corner when TITAN was trading for about $1.25. The altcoin then steadily reached a price tag of around $2.00 until yesterday, when two major announcements suddenly sent the DEX surging to heights it hasn’t seen since September 2021. First, Seychelles-based crypto exchange KuCoin announced that it was…
El Salvador President Nayib Bukele Calls Off Bitcoin 2022 Conference Appearance
Bukele had previously teased that he would be making an important announcement at this year’s conference. Source
Waves Founder Blames Short Sellers for Its Woes. Here’s Why That’s a Red Flag
According to Jeff Dorman at crypto asset management firm Arca, the chaos may have already increased short pressure rather than easing it. Institutions and hedge funds uninterested in holding WAVES on its merits, he says, “are all probably scrambling right now to find a WAVES holder to get a borrow from [to enable shorting], but they are likely unsuccessful in doing so. The negative funding rate [for WAVES] on FTX, for example, is indicative of how little borrow there is, as those who want to short have resorted to selling…
This Bitcoin Indicator Suggests A 65% BTC Price Hike, Will It Deliver?
Bitcoin was rejected as it approached the high area around its current levels. The first crypto by market cap could return to previous lows as it continues to trade in a tight range. Related Reading | Bitcoin Retail Reaches Second-Highest Buying Rate In History. Good Or Bad? The start of the Bitcoin Miami Conference 2022 could provide the bulls with some support. The event is usually filled with positive announcements with a direct impact on BTC’s price. However, the macro-factors preventing Bitcoin and other risk-on assets to reached new highs…
Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin – Bitcoin News
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last 24 hours. LFG Buys the Dip Acquiring 5,040 More Bitcoin The team behind the Terra (LUNA) network and the non-profit based out of Singapore, the Luna Foundation Guard (LFG), continue to stack bitcoin. Less than a week ago, Bitcoin.com News…
MasterCard To Incubate NFT-Focused Startup bitsCrunch Via Its “Start Path” Startup Engagement Program
bitsCrunch, the India and Germany-based blockchain analytics company that leverages artificial intelligence (AI) and machine learning (ML) to secure and safeguard the NFT ecosystem, unveiled that it has been selected to join global payment services provider MasterCard’s startup engagement program called the MasterCard Start Path. Designed to help later-stage startups scale, the Start Path program offers an extended product suite that helps startups reach a global consumer base. With MasterCard quickly expanding into the crypto ecosystem, the Start Path program focuses beyond payment solutions, spanning into diverse areas such as…