Friday, February 3, 2023
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Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight — CoinDesk

It is possible that bitcoin is starting off its “traditionally bullish 4Q seasonal rally,” FSInsight said. The firm’s first upside target is $52,956 – the September high – followed by $64,895. Momentum may be overbought on an hourly basis but “dips are likely buyable” daily momentum is not overbought, FSInsight

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Power Ledger’s Blockchain P2P Energy Trial ‘Technically Feasible,’ It Says in New Report

A solar energy trading trial run by blockchain startup Power Ledger has found the initiative to be “technically feasible” for real world use. The trial, which was partly funded by the Australia government, surveyed 48 households in Fremantle, Western Australia and found blockchain energy peer-to-peer energy (P2P) trading delivered lower costs

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