3 Bitcoin price metrics suggest Sept. 9’s 10% pump marked the final cycle bottom

The correlation between Bitcoin (BTC) and stock markets has been unusually high since mid-March, meaning the two asset classes have presented near-identical directional movement. This data might explain why the 10% rally above $21,000 is being dismissed by most traders, especially considering S&P 500 futures gained 4% in two days. However, Bitcoin trading activity and the derivatives market strongly support the recent gains. Curiously, the current Bitcoin rally happened a day after the White House Office of Science and Technology Policy released a report investigating the energy usage associated with…

HOW MUCH LOWER? – BITCOIN BTC COIN TECHNICAL ANALYSIS AND PREDICTION FOR AUGUST 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Become a Community Member! What is CryptoCache Premium™? =========================================== Join the Community: Telegram: Discord: Social Media: Twitter: Instagram: @CryptoCacheTech =========================================== TradingView $30 Referral Link: Crypto.com $25 Referral Link: Voyager $25 BTC Referral Link: Referral Code: JAS3BE Binance Referral Link: Bittrex Referral Link: Referral Code: VYH-CDK-J5I KuCoin Referral Link: Referral Code: rJ8GB5C Coinstats Referral Link: coinstats.app/pricing?promo=cryptocache I am not a financial advisor and my opinions reflect mine only and no other entities. The ideas presented in this video are for entertainment purposes only…

Bitcoin Stablecoin Supply Ratio Now Forms A “Buy” Signal

On-chain data shows the Bitcoin stablecoin supply ratio is now showing a green signal that has proved to be profitable for the crypto several times in the last two years. Bitcoin Stablecoin Supply Ratio Shock Momentum Forms “Buy” Signal As pointed out by an analyst in a CryptoQuant post, out of the 11 previous such buy signals, 10 ended up profitable for the crypto. The “stablecoin supply ratio” (or the SSR in brief) is an indicator that measures the ratio between the market cap of Bitcoin and that of all…

Crypto Trading Network Apifiny Turns to Fireblocks to Streamline Asset Transfers

Apifiny’s platform sources liquidity from around 20 crypto exchanges for its institutional clients, many of whom would rather avoid typing and retyping cumbersome wallet addresses like 0xF49sWaaiEXwos304kcd, Chief Marketing Officer Maggie Ng told CoinDesk. Doing so is necessary to move assets in and out, but it’s also necessarily risky: one missed character – an O instead of 0 – can lead to chaos. Source ApifinyAssetBitcoinCryptocryptoexchangeExchangesFireblocksNetworkStreamlineTradingTransfersTurns CryptoX Portal

Crypto Trading Network Apifiny Turns to Fireblocks to Help Make Asset Transfers Easier

Apifiny’s platform gets liquidity from around 20 crypto exchanges for its institutional clients, many of whom would rather avoid typing and retyping cumbersome wallet addresses like 0xF49sWaaiEXwos304kcd, Maggie Ng, the project’s chief marketing officer, told CoinDesk. Doing so is necessary to move assets in and out, but it’s also necessarily risky: One missed character – an O instead of 0 – can lead to chaos. Source

500,000 DAI From DAO Maker Exploit Was Sent Through Tornado Cash, Security Analysts Report – Bitcoin News

On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The digital assets originally stemmed from the DAO Maker breach that saw the loss of more than $7 million in ERC20 tokens and stablecoins. Address Directly Connected to DAO Maker Hack Sends 500,000 DAI Through Tornado Cash Despite the U.S. government banning the Ethereum-based mixing application Tornado Cash, the application is still used regularly. On Thursday, the crypto…