Data shows the Bitcoin spot trading volume has once again come back down to normal values for 2022 after the big surge recently. Bitcoin Trading Volume Falls Back Down To Values Around $4 Billion As per the latest weekly report from Arcane Research, the Bitcoin trading volume has plummeted back down after the recent high values. The “daily spot trading volume” is an indicator that measures the total amount of Bitcoin moving on the chain on any given day. When the value of this metric goes up, it means the…
Day: May 25, 2022
Crypto Exchange FTX Looking To Acquire Stock Trading Platform Amid Big Expansion: Report
CNBC is reporting the world’s third-largest cryptocurrency exchange by volume, FTX, is targeting stock trading startups for acquisition. According to CNBC sources, FTX has approached at least three stock trading startups with a view of acquiring them. The report says the talks are at an early stage and no term sheets were signed. A term sheet is a non-binding agreement indicating basic terms and conditions upon which a potential investment could be made. Among the stock trading firms that were approached by FTX include Apex Clearing, a digital clearing and…
Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry
Bitcoin (BTC) price has been unable to close above $32,000 for the past fifteen days and is currently down 37% year-to-date. Although that might seem excessive, it does not stand out among some of the largest U.S.-listed tech companies that have also sustained notable losses recently. In this same 15-day period, Shopify Inc. (SHOP) stock dropped 76%, Snap Inc. (SNAP) crashed 73%, Netflix (NFLX) is down 70% and Cloudflare (NET) presented a negative 62% performance. Cryptocurrency investors should be less concerned about the current “bear market” considering Bitcoin’s 79% annualized…
New World MMO – Early Game Mining Guide
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io New World set to release hours from now and it’s time to go over how mining can help you and what you should know about it. This guide is designed to help those understand all the different benefits that they can gain while mining and help out during their adventures in New World. ____________________________________________________________ 🔔 Social Media 🔔 ► ►Twitch: ► ►Twitter: ► Purchase New World Here : 🎬Video Breakdown🎬 00:00 – Intro 00:20 – Strength 01:22 – Tools 03:20 – Tool…
Golf Brand Callaway Joins LinksDAO as Equity Investor, ‘Strategic Partner’
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Will Reality Have Its Revenge on Andreessen Horowitz's Giant New Crypto Fund?
The humbled WeWork founder is attempting a rehabilitation through blockchain. The timing couldn’t be worse. Source
Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise
Bitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim chief investment fficer Scott Minerd. This is not the first time he has made a bearish call, and he has, in the past, made bullish calls as well. However, Minerd’s more recent calls have occurred just before major reversals. Scott Minerd BTC price calls:– $600k at $60k → went to $30k.– $10k at $30k → price to $65k.– $8k at $30k (again) → TBD. pic.twitter.com/NWjrRdegFM — mhonkasalo (@mhonkasalo) May 23, 2022 It…
Bitcoin Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K
Bitcoin (BTC) remains neutral and is stuck in a consolidation phase. The cryptocurrency could see a volatile price move once a breakout or breakdown occurs. Indicators are neutral. Original
Bitcoin Sets Record Streak For Bloodliest Weekly Trend yet
Bitcoin continues to move sideways in the $30,000 area. The general sentiment in the market points to extreme fear levels and uncertainty as to the number one crypto by market cap trades without clear direction. Related Reading | TA: Bitcoin Price Moves Higher In Range, $30.6K Still Presents Resistance At the time of writing, BTC’s price trades at $29,500 with a 1% profit in the last 24-hours. BTC’s price moving sideways on the 4-hour chart. Source: BTCUSD Tradingview Per a report from Arcane Research, Bitcoin has been making history over the…
Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price Highs – Market Updates Bitcoin News
Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to over 80% against the U.S. dollar. While Cryptos Are Down From the ATHs, 2020 Holders Are Still in the Green On November 9, 2021, or 196 days ago, the crypto economy was valued at over $3 trillion, and today it’s worth roughly 56% less at $1.31 trillion. Six months ago,…