Cryptocurrency Analysis and News Portal
Bitcoin (BTC) prepared a showdown with a key moving average (MA) price trend on Dec. 19 with time running out for a strong 2021 close.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"I vote we bounce and stay bull"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at $47,000 Sunday, still firmly
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The Bitcoin network’s value settlement efficiency has been improving steadily recently, with more being settled for lower fees.Over the past week, the Bitcoin network has transferred or settled an average of $95,142 of value for every $1 worth of fees.The on-chain settlement efficiency has been gradually increasing since May as
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If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a meme-inspired trend.In the long run, however, most of these “fortuitous” traders tend to lose.Why? Because they have
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The average portfolio size on Australian cryptocurrency exchange BTC Markets has grown from $577.65 (795.5 Australian dollars) to $2,069.16 (2849.5 AUD) in the financial year 2021, signaling a 258.2% increase in portfolio holdings, according to exchange data compiled by Statista on a recent BTC Markets survey.Data on the survey shows that
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Simple trading methods like the trend-following approach work best when trading cryptocurrencies or financial markets in general.While several technical indicators help identify changes in the strength, momentum, and duration of a trend, none are simpler and more widely used than the Moving Average Convergence Divergence (MACD).By definition, the MACD "turns
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According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future. South
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The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000
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MicroStrategy has bought 271 Bitcoin for $15 MillionEach Bitcoin was bought at an average price of $55,387MicroStrategy now holds 91,850 Bitcoin purchased at a total of $2.241Billion and at an average entry price of $24,403The Bitcoin is now twice the initial investment at $4.592 BillionBitcoin is currently attempting to reclaim
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So-called ‘Fair Launch’ tokens are outperforming most projects released via centralized token distribution events, according to crypto market data aggregator Messari, Messari defines Fair Launch tokens as having a publicly announced launch without any form of pre-mine. These include older top 10 crypto assets Bitcoin and Litecoin, newer DeFi projects such
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Bitcoin is more bullish than ever, and Ethereum has taken center stage of the hot to trot DeFi
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