Downward trend line: Connect the low and sub-low points and draw a downward trend line.Downstream trend channel line: Downstream trend channel line is formed by connecting the K-line solid high point to the lower high point and the lower low point.As shown in the picture: in a firm deal, buy short at a high point and sell at a low point.Buy more at lows and sell...
The Bitcoin sell-side risk ratio is near an all-time low, indicating that investors are reluctant to sell at the current price range, whether for profit or loss. The sell-side risk ratio quantifies the total amount of sell-side risk in the market and it assumes that all profits and losses realised in the chain are potential sources of sell-side pressure. Low...
1 / Smart whale who made ~$2.5M during #USDC decoupling goes long ETH on #Aave. Today, this whale: - Converted 7,169 stETH with 7,169 ETH. - Deposited 7,169 stETH into #Aave. - Borrowed $8.45M USDT. - Deposited 8.45M USDT into #Binance (possible ETH purchase). 2/ Whale deposited 28,755 stETH ($52M) to Aave and borrowed a total of 36M USDT. The health rate is...
1. A number of Fed officials spoke, releasing hawkish signals that once raised expectations for a rate hike. 2. But Powell Friday a hammer, hinting that interest rate hikes can be suspended, market expectations then fell back. 3. Debt ceiling crisis negotiations with a series of twists and turns. House President McCarthy and Biden said they would not default, but...
1. Spot volume fell back to May last year levels and volatility fell back to one-year lows. Cryptocurrencies are not significantly correlated with US stocks in the short term, suggesting that money from traditional money in cryptocurrencies is mainly going after Nasdaq. 2. will meme coin be able to build community and faith after profit taking leaves? 3. the...
A necklace of indicators shows that LTC, the 12th largest cryptocurrency by market valuation, is trading at a discount. Specifically, LTC has a negative fair value market value (MVRV) Z-score as of press time. According to analyst firm Glassnode, a score below zero indicates that the cryptocurrency is undervalued relative to its fair value. Capitalization is...
After yesterday's twists and turns the three major U.S. stock index futures have shown signs of decline, still the Dow Jones fell a little more, and the decline of regional banks KBW also drove the Nifty futures lower, mainly because of the debt negotiations again into the impasse triggered by market turmoil, should have gone all the way up with the regional banks...
Yesterday MetaMask announced support for its pledge users to make ETH withdrawals directly on Lido, and with a recent update, users can now pledge and withdraw ETH directly from MetaMask's liquidity pledge provider Rocket Pool and Lido. As previously reported by BlockBeats, on May 16, Lido, the liquidity pledge protocol, went live with version V2 through an...
Tether, the issuer of the stablecoin leader USDT, had announced in its reserve report last week that it held $1.5 billion in bitcoin, or about 2% of its reserves Just last night, Tether officially announced that it will be buying more bitcoin on a regular basis. Tether to Use 15% of Net Profit to Buy Bitcoin According to Tether's official tweet, the new reserve...
Bitcoin halving leaves less than 50,000 blocks and the halving date will occur on April 22, 2024. According to this schedule, the event will occur over 342 days and is expected to fluctuate, depending on whether blocks close earlier or later than the specified 10-minute interval. The upcoming halving will be the fourth in Bitcoin history, cutting the block reward...
Current annualized return on ETH pledges is at an all-time high of 8.6%. Since the Shanghai upgrade, 3.4million ETH have been deposited into ETH2.0 contracts and 2.67million ETH have been withdrawn, for a net pledge of 734.92k ETH (worth $1.4bn). Previously, stETH APR was also pushed up to an all-time high of 8% due to a speculative boom.
The current problem of high bitcoin network congestion fees caused by the heat of BRC-20 has gradually leveled off. According to OKLink multi-chain browser data, since May 8, when BTC miners' mining fee revenue hit a new high of 683.36 btc in the past five years, BTC daily miners' fee revenue has been declining for six consecutive years, and yesterday the miners'...
BTC's price has fallen more than 12% since May 6, decoupling it from traditional risk assets like the Nasdaq. CoinDesk's BTI indicator, which measures bitcoin price trends, showed BTC turning from bullish to neutral on Thursday. The indicator has been signaling an uptrend since Jan. 13, with the exception of a brief red signal (downtrend) in mid-March and a...
The Prysm team, the core developer of ethereum, is working on a new version and improving issues with Prysm, which performed poorly during a brief anomaly in the ethereum consensus layer that occurred early this morning, but so did other clients, but Lighthouse performed very well during this time. prestonvanloon.eth said the Prysm client encountered a high rate...
MicroStrategy, the publicly traded company with the largest bitcoin holdings in the US, has been a big believer in BTC, led by its co-founder Michael Saylor. And Saylor was interviewed on the PBD Podcast on the 10th, discussing the diverse topics of traditional currencies, cryptocurrencies, politics, banking turmoil...and more. And when discussing the recent buzz...
OrBit Markets, an institutional liquidity provider for crypto options and structured products, has partnered with execution broker PI Digital to launch a hybrid derivative product focused on bitcoin and gold that will be settled in OrBit-designated USDT, XAUT or bitcoin.
Bitcoin (BTC) price has been falling for the past few weeks. It is now at risk of falling below a short-term bearish pattern. The collapse of this pattern may be the reason for the sharp drop in BTC price, bringing it to its lowest level since early March. BTC's price action since the beginning of April has been bearish. This was highlighted by a bearish engulfing...
The information is all public, follow the hot spots 👇 From the beginning of the year to the current market, the second level has operated 3 coins, LDO ARB Sui LDO is judged to be the coin that will definitely be Fomo up as ETH Shanghai upgrades and the LSD track is hyped again, dead take, from last year's set to this year's return to slightly profitable ARB...