Tag Archives: Sign

UniSwap’s native token UNI showed signs of bottoming out as its price rebounded by almost 56 percent in the previous 24 hours of trading. The UNI/USD exchange rate surged from near $1.75 to as high as $2.74 in the said period. Nevertheless, the pair failed to hold the top for …

According to the data from Glassnode, the number of millionaire Bitcoin holders surpassed 20,000. Albeit the figure shows many investors are profitable after BTC’s recent rally, it might also show a sign of a top. Glassnode analysts wrote: “The number of #Bitcoin millionaire addresses (addresses holding ≥ $1M worth of …

Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat unique in that BTC is the only major cryptocurrency currently marching higher, as most others are stuck within …

Gold–BTC correlation drops 20% one week after hitting all-time high of 68%, correlation metrics are often misleading for investors. Source link

It has been another boring day for Bitcoin. While many of its smaller counterparts incur intense uptrends, BTC has largely been trading sideways, forming an incredibly tight trading range between $9,100 and $9,100. Analysts are now scratching their heads as to what could come next for the benchmark digital asset, …

The S&P 500 sees a TD9 sell signal confirmed on multiple time frames but traders remain optimistic about the price of Bitcoin. Source link

Last month, as the world began to grapple with the economic reality of the coronavirus outbreak, Bitcoin fell off a cliff — tumbling from $7,700 to $3,700 within the span of two days, a drop of over 50%. Since then, a question that has plagued investors is if Bitcoin bottomed …

No country has a stiffer policy on blockchain than China, so the country’s latest issuance of bonds on its decentralized system raises eyebrows Source link