Bitcoin's 'Taker Buy-Sell Ratio' Surges Signals Renewed Bullish Vigour
The taker buy-sell ratio measures the buy volume divided by the sell volume of takers in perpetual swap trades. Source
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signals
NFT gas usage shows downward trend, signals shift in landscape
Ethereum gas consumption of nonfungible tokens (NFTs) has gone through significant drops since its highs in 2021. Marketplaces and NFT projects that occupied top spots in terms of gas consumption at the time have since shown a sharp decline in two years. Data shared by the on-chain analytics platform Glassnode shows
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Maker (MKR) Signals Bullish Price Formation – Is $1.300 Around The Corner?
Maker (MKR), one of the prominent players in the decentralized finance (DeFi) space, has experienced a remarkable 11% price surge in the past seven days. Despite a slight drop in the last hour, the token’s performance remains impressive. Maker (MKR) Bullish Price Sentiment Maker’s recent price performance has been noteworthy, with a
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Bitcoin price is down, but data signals that $30K and above is the path of least resistance
On July 24, Bitcoin (BTC) experienced a flash crash, plummeting to $29,000 in a movement now attributed to significant BTC holders potentially liquidating their positions. Amidst the crash and market uncertainty, Bitcoin's three major trading metrics continue to project a bullish outlook, signifying that professional traders have not reduced their leverage
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Japan Signals More Web3 Promotion Policies Are To Come
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points. Source
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AI signals vs. human intuition: Decision-making in crypto trading
Traditionally, traders have relied on human-based pattern recognition and technical analysis, looking at the company’s financial health, competitors and other methods for determining what trades to make on an asset.However, with the growth of artificial intelligence (AI), there are additional ways that traders can analyze the markets, using the data
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Bitnals aims to shape crypto trading with data-driven signals
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Navigating the constantly changing landscape of cryptocurrencies can be difficult. The market’s instability can make it hard for investors to make informed decisions, resulting in missed chances and potential losses. Nevertheless, Bitnals, a crypto company, aims
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Crypto custodian BitGo signals intent to acquire Prime Trust
Wallet infrastructure provider and digital asset custodian BitGo have signed a non-binding letter of intent to acquire fintech infrastructure provider Prime Trust, according to an announcement on June 8. The terms of the agreement were not disclosed. If the deal goes through, BitGo will acquire Prime Trust’s payment rails and cryptocurrency IRA fund
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Bitcoin Options Market Signals Weakness over Six Months Amid Debt Ceiling Drama
The six-month call-put skew, which measures the difference between what investors are willing to pay for bullish calls and bearish puts expiring in 180 days, has declined to -1, the lowest since March 13, according to data from leading crypto options exchange Deribit, tracked by Amberdata. Source
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