Bitcoin reclaimed the key $100,000 psychological level shortly after it slipped below six figures, giving one crypto analyst reason for a short-term bearish view, while others dismissed the dip as routine.
“Bitcoin is developing a bearish engulfing weekly candlestick formation,” pseudonymous crypto trader Rekt Capital told their 518,900 X followers in a Dec. 19 post.
Bearish pattern can’t be confirmed yet
Rekt said ther...
“Bitcoin is developing a bearish engulfing weekly candlestick formation,” pseudonymous crypto trader Rekt Capital told their 518,900 X followers in a Dec. 19 post.
Bearish pattern can’t be confirmed yet
Rekt said ther...
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After a 208% breakout in early November, Dogecoin $Dogecoin (DOGE.CC)$ has consolidated within a tight range between $0.35 and $0.48 for four weeks. DOGE’s recent price correction led to a breakout below an ascending trendline, indicating a potential bearish trend shift.
However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and repetitive setup from M...
However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and repetitive setup from M...
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Key takeaways
– Crypto correlation measures the relationship of market price movements between cryptocurrencies and traditional finance assets.
– A coefficient number ranging from +1.0 (positive correlation) to -1.0 (negative correlation) is used to give insight into risk management with crypto correlation.
– Investors use crypto market correlation strategies to hedge against market volatiles, building a portfolio of assets with varying d...
– Crypto correlation measures the relationship of market price movements between cryptocurrencies and traditional finance assets.
– A coefficient number ranging from +1.0 (positive correlation) to -1.0 (negative correlation) is used to give insight into risk management with crypto correlation.
– Investors use crypto market correlation strategies to hedge against market volatiles, building a portfolio of assets with varying d...
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Bitcoin has just surged past the $100k mark – a breakthrough I was expecting, but honestly, even faster than I imagined. With BTC pushing ahead like this, it’s incredible to see it hit $100k before Christmas.
And just when things are heating up, I noticed that Moomoo SG has rolled out a new feature: crypto accounts now support direct bank transfers for deposits.
It looks like this feature is tailor-made for crypto enthusiasts like me. Previously...
And just when things are heating up, I noticed that Moomoo SG has rolled out a new feature: crypto accounts now support direct bank transfers for deposits.
It looks like this feature is tailor-made for crypto enthusiasts like me. Previously...
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Cardano $Cardano (ADA.CC)$ whales, who have been instrumental in driving the cryptocurrency’s price by 270% in the last 30 days, have now sold a bunch of tokens. This sell-off comes ahead of this week’s token unlock, which market participants expect will cause volatility.
As of this writing, ADA trades at $1.23. Will this sell-off draw the price down further?
Cardano Key Holders Offload Some Tokens
On Monday, December 2, Cardano...
As of this writing, ADA trades at $1.23. Will this sell-off draw the price down further?
Cardano Key Holders Offload Some Tokens
On Monday, December 2, Cardano...
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XRP continued its weekend surge into Sunday, popping above the $2.00 mark for the first time in almost seven years and flipping Solana by market cap, while Ethereum reached a six-month peak. $XRP (XRP.CC)$ $Solana (SOL.CC)$ $Ethereum (ETH.CC)$
The price of XRP is currently sitting at $2.16 as of this writing, the highest price seen since January 2018 and the first time it's topped the $2.00 milestone in the same...
The price of XRP is currently sitting at $2.16 as of this writing, the highest price seen since January 2018 and the first time it's topped the $2.00 milestone in the same...
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Bitcoin’s quest for $100,000 hit an impasse as sellers took control and pushed $Bitcoin (BTC.CC)$ price under $93,000. Margin traders sitting in long positions saw heavy losses as the total crypto market liquidations on the buy side reached $337.6 million over the past 24 hours.
Proof of the liquidations-driven sell-off can be seen in the chart below depicting volume-by-side data for major centralized exchanges ...
Proof of the liquidations-driven sell-off can be seen in the chart below depicting volume-by-side data for major centralized exchanges ...
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Solana finally broke a new record high on Nov. 22, two years after the FTX exchange collapsed and pulled down prices of the layer-1 blockchain token.
Solana $Solana (SOL.CC)$ prices tapped $264.31 on Coinbase on Nov. 22,according to TradingView. The move follows an impressive 11% gain over the past 24 hours.
SOL has been one of the better-performing altcoins this year, having gained 160% since the beginning of 2024.
The asset...
Solana $Solana (SOL.CC)$ prices tapped $264.31 on Coinbase on Nov. 22,according to TradingView. The move follows an impressive 11% gain over the past 24 hours.
SOL has been one of the better-performing altcoins this year, having gained 160% since the beginning of 2024.
The asset...
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Falie
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What ETFs track the S & P 500 index?
When considering index investment strategies, especially for large-cap stocks in the U.S. stock market, Exchange-Traded Funds (ETFs) that track the Standard & Poor's 500 Index (S&P 500 Index) are a popular choice among many investors.
The $S&P 500 Index (.SPX.US)$was created by Standard & Poor's in 1957. It is a market-capitalization-weighted index that incl...
When considering index investment strategies, especially for large-cap stocks in the U.S. stock market, Exchange-Traded Funds (ETFs) that track the Standard & Poor's 500 Index (S&P 500 Index) are a popular choice among many investors.
The $S&P 500 Index (.SPX.US)$was created by Standard & Poor's in 1957. It is a market-capitalization-weighted index that incl...
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Bitcoin may see a “strong bull rally” if one classic BTC price metric repeats a historical breakout.
In one of its Quicktake blog posts on Nov. 18, onchain analytics platform CryptoQuant flagged a rare golden cross for Bitcoin’s $Bitcoin (BTC.CC)$ Puell Multiple.
Puell Multiple nears BTC price breakout line
Bitcoin bulls will benefit from an average BTC price surge of 90% if the Puell Multiple stages a rare breakout.
Analyzing be...
In one of its Quicktake blog posts on Nov. 18, onchain analytics platform CryptoQuant flagged a rare golden cross for Bitcoin’s $Bitcoin (BTC.CC)$ Puell Multiple.
Puell Multiple nears BTC price breakout line
Bitcoin bulls will benefit from an average BTC price surge of 90% if the Puell Multiple stages a rare breakout.
Analyzing be...
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