Cryptocurrency Analysis and News Portal
Bitcoin (BTC) has a matter of days to go before beginning a new macro uptrend, the latest analysis says.In his latest Twitter activity, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD.BTC price action closely mimics past cyclesDespite facing problems flipping $28,000 to
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Fees are a function of transaction size and network volumes (how congested the network is). Transactions are processed in blocks, storing up to 1 megabyte of data. Hence, a sudden spike in activity often leads to network congestion – transactions waiting to get verified. In such situations, miners target transactions
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At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking
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Bitcoin (BTC) traded around $22,400 at the March 3 Wall Street open as analysts stayed divided over the odds of a recovery.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHopes for an inverse "Bart Simpson" on BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD trading flat after a flash crash overnight
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However, the downgrade doesn't mean the analyst is giving up completely on the stock. "As SI's shares have fallen, we have defended the bank's management, operating platform, role within FTX's platform, and strength of their balance sheet. We still feel validated on these positions," Perito wrote. However, the volatility in
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In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend continuation indicators.There are two types of flag patterns: bull flag and bear flag. While their outcomes are different, each flag exhibits five key characteristics,
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In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me for a fireside chat at the Crypto Summit on the Promenade. Leverton outlined some of her
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Gemini’s co-founder believes that the next crypto bull run will come from the East. “It will be a humbling reminder that crypto is a global asset class,” he said. “The West, really the U.S., always only ever had two options: embrace it or be left behind. It can’t be stopped.” Gemini
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According to Winkelovoss, this will be a subtle reminder that crypto is an international asset class and that the West, specifically the US, has two options of either accepting it or being left behind. Cameron Winklevoss, the famous American cryptocurrency investor, made a new statement predicting that the next crypto
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Crypto's next bull run will start in Asia, according to Cameron Winklevoss, an American investor, and co-founder of crypto exchange Gemini.His comments have come amid an increase in enforcement action and looming crackdowns from United States regulators, including the Securities and Exchange Commission (SEC).“My working thesis atm is that the
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