Month: January 2023

Kim Kardashian influencer marketing crypto prices

Celebrities, unfortunately, are only part of the problem with the current state of crypto marketing. An industry of Web3 YouTubers, Twitch streamers and TikTok stars emerged during the coronavirus pandemic. While most of these creators posted videos in good faith and wanted to share their passion for crypto and blockchain, there are, unfortunately, others who profited off retail, failing to disclose when they were paid to shill or when they took profits. Source

Bitcoin aSOPR Retests Bear-Bull Junction, End Of Resistance?

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Data shows the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) is retesting the historical bull-bear junction. Will a break be found this time? Bitcoin aSOPR Is Currently Doing Another Rest Of 1.0 Level As per the latest weekly report from Glassnode, a successful retest here could suggest a meaningful regime shift in the BTC market. The “Spent Output Profit Ratio” (SOPR) is an indicator that tells us whether Bitcoin investors are selling their coins at a profit or at a loss right now. When the value of this metric is…

XMR, DOT Move Higher, Rebounding From Recent Declines – Market Updates Bitcoin News

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Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved higher in today’s session, snapping a two-day losing streak. Monero (XMR) Monero (XMR) rebounded on Tuesday, as the token moved back towards a recent seven-month high. Following a low of $165.77, XMR/USD raced to an intraday peak of $173.28 earlier in today’s session. Today’s move saw monero bounce from its support at $165.00, and climb towards a resistance of…

Is this a bull run or a bull trap? Watch The Market Report live

This week on The Market Report, the resident experts at Cointelegraph discuss whether the recent and long-awaited Bitcoin (BTC) price rally is a bull run and the beginning of the next bull market or whether it is just a bull trap and investors should be cautious. We start off this week’s show with the latest news in the markets: Bitcoin price breakout or bull trap? 5K Twitter users weigh in Bitcoin is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.” After…

‘To the moon’ or ‘total crash’? Bitcoin price hits new 4-month highs

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Bitcoin (BTC) spiked higher around the Jan. 17 Wall Street open as nervous analysts waited for further cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Opinions diverge over Bitcoin’s fate Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly touching $21,594 on Bitstamp, marking its highest since Sep. 13. As bullish impulses continued to hit the chart, reactions stayed conservative amid an atmosphere of suspicion over the true source of Bitcoin’s return to form. One such cautious take came from Michaël van de Poppe, founder and CEO of trading…

Whales Move Billions Of XRP Following Price Spike

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The broader cryptocurrency market has seen improvement in investor sentiment in the last weeks, and so has XRP. Even the global crypto market cap is up by 0.11%, reflecting the rate at which most tokens are rallying over the past few days. A recent WhaleAlert report reveals massive XRP whale transfers happening amid the token’s price surge. The report showed the movement of nearly 429 million tokens (about $167 million) on multiple whale addresses in the last 24 hours. According to the WhaleAlert, the largest single whale transaction was a…

What is the Ethereum merge?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ether has massively outperformed bitcoin ahead of a long-awaited upgrade to the Ethereum blockchain known as the merge. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version