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Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick.After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor now in place for weeks.Some of the lowest volatility in history means
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Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to volatile macro events, including high inflation, an appreciating dollar, rising interest rates, ongoing war, and the energy crisis, the firm
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The impact of macroeconomic factors on crypto and Bitcoin is increasing as inflation gets stronger. Both the crypto and the traditional market
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According to a new analysis posted by Reddit user u/Warfared, Reddit Avatar nonfungible tokens, or NFTs, have seen erratic price performance in the past months. The analysis tracked the exchange of NFTs on the popular NFT trading platform OpenSea.io. Among the top performers were the Fishy Foustling #1 and Mio Armor
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"Post-Ethereum Merge, the Ethereum PoW miners will need to mine other coins since Ethereum is moving to PoS," explained Hosam Mazawi, a co-founder at non-fungible token project Snook, in a Telegram message last week. "The options are Ethereum Classic or some new Ethereum fork." Source
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Bitcoin NUPL data suggests that the crypto’s cycles are getting less sharper with time as profit tops and loss bottoms aren’t following a horizontal line. Bitcoin NUPL Didn’t Exceed The 0.75 “Greed” Mark During This Cycle As explained by an analyst in a CryptoQuant post, the BTC profit and loss cycles shouldn’t
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Microstrategy’s Former CEO Michael Saylor pointed out in a recent interview for Stansberry Research that he would rather win in a volatile fashion than lose slowly. Saylor continues to say that the volatility will only impact short-term investors and public companies. Bitcoin has outperformed every single company on the stock market
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A new RPC method, rescan, has been added to allow node operators to rescan the chain for wallet transactions from a certain height, as per developer documents. “This can help speed up the rescan process for keys known to be generated after a certain date or block height,” developers explained
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The liquidations marked the highest losses for traders of the new LUNA tokens so far, data shows, with nearly $5 million in losses. However, LUNC futures saw higher losses at over $12 million, suggesting retail traders are continuing to prefer LUNC trading over LUNA. Original Source
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Bitcoin (BTC) bounced around $30K on Friday, although some analysts expect a period of low returns. Meanwhile, there has been less interest in stablecoins amid volatility. Original Source
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