Wednesday, February 8, 2023
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Polygon Q4 Transaction Volatility Fueled by FTX Collapse, ZK Rollup Testing, Nansen Says

Polygon, an Ethereum scaling tool, saw wide swings in daily transactions and active addresses during the fourth quarter, as users scrambled to move funds during the epic meltdown of Sam Bankman-Fried’s FTX crypto exchange and the project rolled out new partnerships and initiatives, according to a new report from the

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Bitcoin halts volatility at $23K as BTC hodlers see mass return to profit

Bitcoin (BTC) traded sideways at the Jan. 24 Wall Street open with analysts at a loss over where price would go next.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price holds below key resistanceData from Cointelegraph Markets Pro and TradingView tracked a day of consolidation for BTC/USD, which continued to linger

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Brazilians Turn to Stablecoins as Alternative to US Dollar for Hedge Against Volatility – News Bitcoin News

Brazilians are turning to stablecoins as a way of shielding themselves from the volatility of economic circumstances. This is happening now in the wake of the inauguration of the new government of Luis Inacio “Lula” Da Silva. According to statements coming from exchange executives, the trading volumes of stablecoins have

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Bitcoin volatility may return in ‘catch up’ with gold in 2023

Bitcoin (BTC) volatility is declining on schedule but BTC price action could still “play catch up” with gold this year.The latest data and analysis show that despite sideways moves in Bitcoin, the largest cryptocurrency is behaving as expected.BTC price volatility follows bear market patternWith traders frustrated by a lack of

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Market volatility helps one crypto strategy outperform Bitcoin by 246% in 2022

The word volatility is typically received as a negative by financial circles just the same way the name Lionel Messi is received in Brazilian favelas, yet volatility historically presents some of the greatest opportunities for gains, especially in the crypto markets. The crypto market experiences much greater price oscillations on average

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