The new index will help traders guage expected SOL price turbulence over two weeks. Source
Solana's SOL Gets First Implied Volatility Index on Volmex
Month: September 2024
Truflation Unveils Hedge Index to Protect Investments against Inflation with Real-World Asset Tracking
CoinspeakerTruflation Unveils Hedge Index to Protect Investments against Inflation with Real-World Asset Tracking Truflation, a leading real-time financial data provider, has introduced a Hedge Index aimed at helping investors protect their portfolios against inflation. This cutting-edge index monitors Real World Assets (RWAs) and serves as a performance benchmark, offering a diversified strategy to reduce the effects of inflation on investments. The Truflation Hedge Index comprises five key asset classes: Gold (25%), Silver (20%), WTI Crude Oil (20%), the S&P 500 (25%), and Bitcoin (10%). These assets are carefully weighted to…
Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely in cryptocurrency, but Judge Lady Ross sought legal clarification on whether […] Source CryptoX Portal
Expert Anticipates Bull Run After Choppy August, Here’s Why
Este artículo también está disponible en español. August proved to be one of the toughest months for the crypto market, marked by a significant decline in overall market capitalization, which fell to a six-month low of $1.96 trillion amid what analysts called “Black Monday.” This downturn saw Bitcoin (BTC) plummet from $68,000 to approximately $49,000, igniting concerns among bullish investors. However, market expert Lark Davis suggests that the choppy sideways price action may soon come to an end, paving the way for a potential surge as bullish factors align for…
Dogecoin Price (DOGE) Struggles: Can It Overcome the Slump?
Dogecoin extended losses and traded below $0.100 against the US Dollar. DOGE is struggling and might face challenges near $0.100 and $0.1050. DOGE price started a fresh decline and traded below $0.0980. The price is trading below the $0.0980 level and the 100-hourly simple moving average. There was a break below a connecting bullish trend line with support at $0.0975 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a recovery wave if it clears the $0.100 and $0.1050 levels. Dogecoin Price Faces…
Bitcoin ETFs Bleed $287M, Largest Daily Outflow in Four Months
Bitcoin’s price fell over 2.7% to $57,500 on Tuesday, reversing Monday’s bounce. The losses came after the U.S. ISM manufacturing PMI printed below 50, indicating a continued contraction in the activity in August. The data revived growth fears, weighing over risk assets, including cryptocurrencies. Original
Dogwifhat (WIF) Leads Memecoins Recovery With 12% Jump
Este artículo también está disponible en español. This cycle’s dog-themed sensation, Dogwifhat (WIF), has become the leading memecoin amid the market’s recovery. The token saw a 12% surge in the early hours of Tuesday, propelling the price above the $1.6 mark. As the memecoin tries to reclaim key support levels, some crypto analysts forecasted WIF’s next targets. Related Reading Dogwifhat Leads The Memecoin Recovery Dogwifhat (WIF) became the market sensation in Q1 after leading the memecoin frenzy. The token surged to its all-time high (ATH) of $4.83 at the end…
Cardano Founder Charles Hoskinson on Chang Hard Fork Achievements: ‘This Dwarfs Bitcoin’
Charles Hoskinson, founder of the Cardano cryptocurrency and CEO of IOHK, has shared his perspective on on the state of the Cardano ecosystem following its recent Chang update, which enhanced the blockchain to include onchain governance. Hoskinson praised Cardano, stating that it dwarfed Bitcoin, and reached “one of the greatest technical achievements in human history.” […] Original
Is a Bold Move Around the Corner?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…