Cryptocurrency Analysis and News Portal
The bitcoin mining difficulty ribbon, comprising short and long-duration simple moving averages on the mining difficulty, has compressed for the first time in over a year, indicating miner capitulation. The previous bear markets, including the one seen in 2014, ended with the ribbon compression, data provided by analytics firm Glassnode
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Bitcoin failed to clear the $25,000 resistance zone against the US Dollar. BTC is declining and might break the $23,250 support zone. Bitcoin attempted a clear move towards the $25,000 resistance but failed. The price is now trading below the $24,000 level and the 100 hourly simple moving average. There was a break
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ApeCoin, one of the fastest rising coins in the crypto space, was one of the cryptocurrencies that was heavily impacted by the crypto disaster that rocked the market in May. Although the coin’s price showed robust performance in these turbulent market conditions, its market cap was affected. The coin now
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On March 3rd, 2022, ViaWallet, a multi-chain & multi-cryptocurrency decentralized wallet, organized a Twitter Q&A Session in collaboration with CoinEx Exchange. The questions centered on ViaWallet’s project ideas, unique features, security level, future development and partnership. Here are some of the questions asked during the session along with in-depth responses
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Fintech Seashell has emerged from stealth mode with the launch of its high-yield Seashell Save app and the announcement of a $6 million seed round co-led by Khosla Ventures and Kindred Ventures.Seattle-based Seashell bills its offering as an “inflation-resistant” savings app. The U.S. consumer price index, an inflation metric measuring
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OMIC Holders can stake their coins in return for more tokens. “The main benefit for stakers comes from supply growth. The protocol mints new OMIC tokens from the treasury, the majority of which are distributed to the stakers,” an official explainer says. “Thus, the gain for stakers will come from
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A relatively obscure cryptocurrency called Omicron (OMIC) has surged to an all-time high today as a new fast-spreading COVID-19 variant got christened with the same name.Omicron’s OMIC token hit an all-time high of $689 a couple of hours ago during the Monday morning Asian trading session. The move has added
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Deribit exchange is the absolute leader in the Bitcoin (BTC) options markets and on Nov. 24 the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.”We've seen 25-Delta put skew moved from around 0% to almost 10-15% pending time to expiry since beginning of
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Bitcoin (BTC) needs to retain two key moving averages in order to stay bullish, but is failing, fresh analysis shows.In its latest market update on Sept. 10, trading platform Decentrader warned that bulls do not have the upper hand much above current price levels.A "golden cross" like any other?Bitcoin has
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Too long, in my opinion, has Ethereum been considered the “poor cousin” of Bitcoin. Too much the sidekick, not enough the actual star: more Robin that Batman, more Spock than Captain Kirk, more Gromit than Wallace. It seems, however Ethereum is finally holding its own. Frustratingly Bitcoin is the posterchild of crypto: a
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