Bitcoin (BTC) in the Eye of the Storm, According to Glassnode Co-Founders – Here's Why

The co-founders of leading analytics firm Glassnode are warning Bitcoin traders that the current macroeconomic backdrop could ignite another sell-off event for BTC.  In Glassnode‘s latest newsletter, Jan Happel and Yann Allemann say that Bitcoin’s correlation to risk-on assets remains high, suggesting that a correction in the US stock market will likely drag down BTC as well.  “Our analysis continues to suggest that this renewed sensitivity to market risks and a higher likelihood of stronger drawdowns has not been due to a lack of confidence in [BTC] but rather due to a charged macroeconomic environment.”  According to the Glassnode co-founders, the macroeconomic landscape looks shaky after the Federal Reserve announced the tapering of its balance sheet to the tune of $95 billion per month in an effort to combat persistent inflation. They also mention the looming risk that Russias military aggression could expand and target territories of the European Union.  In response to the risky environment, the Glassnode executives say that over $100 million have flowed out of the crypto markets last week with BTC receiving the brunt of the outflows.  “Zooming into the crypto space, last week saw $134 million in fund outflows, marking the second-highest weekly outflows in 2022. Solana received $3.7 million

2022-04-18Malalim na Pagsisid

Moonbeam price analysis: is this the right time to hold the GLMR Coin during bounce back? - BitcoinEthereumNews.com

Source: GLMR/USDT by Tradingview  Moonbeam investors are going to see a bearish weekly close as the asset lost nearly 17% of its cost this week. Despite the retracement phase, the GLMR coin has a 24-hour gain of over 13% according to CMC and the price is trading at $4.30 at the time of writing. Moreover, the GLMR coin is trading with a gain of 13.7% at 0.0001022 Satoshis with respect to the bitcoin pair.  The daily trading volume has been decreasing over the past several days and is suggesting lower liquidations for the GLMR coin. However, the trading volume has increased by 22% in the last 24 hours.  However, in the context of shorter time frames, such as 4-hours and below, the GLMR coin is trading above significant moving averages (including 20,50,100, and 200 EMA). Above the EMA, buyers barely try to manage the price of the coin for a bullish rally.  RSI suggests strength in the GLMR coins directional trend  Source: GLMR/USDT by Tradingview  Pinakabagong mga post ni Steve Anderson (tingnan lahat)

2022-04-18Industriya

Mga Panganib ng SEC sa Paglabag sa Admin Procedure Act sa pamamagitan ng Pagtanggi sa Spot Bitcoin ETF, Sabi ng Grayscale – Regulasyon Bitcoin News - BitcoinEthereumNews.com

Ipinaliwanag ng CEO ng Grayscale Investments na ang US Securities and Exchange Commission (SEC) ay posibleng lumabag sa Administrative Procedure Act sa pamamagitan ng hindi pag-apruba ng spot bitcoin exchange-traded fund (ETF).n  Ang SEC Approving Spot Bitcoin ETF ay Isang Usapin ng Kailan at Hindi Kung  Inaprubahan na ngayon ng US Securities and Exchange Commission (SEC) ang hindi isa kundi dalawang magkaibang istruktura ng bitcoin futures exchange-traded funds (ETFs). Ito ay humantong sa optimismo sa industriya ng crypto na ang securities watchdog ay mas malapit sa pag-apruba ng spot bitcoin ETF.  Ang unang istraktura ay gumagamit ng Investment Company Act of 1940 (40 Act). Karamihan sa mga iminungkahing bitcoin futures ETF hanggang ngayon ay inihain sa ilalim ng Batas na ito. Ang pangalawa ay gumagamit ng Securities Act of 1933 (33 Act). Ang Teucrium Bitcoin Futures ETF ay naaprubahan mas maaga sa buwang ito gamit ang huling istraktura.  Ipinaliwanag ng CEO ng Grayscale Investments na si Michael Sonenshein sa CNBC noong nakaraang linggo: “Mula sa pananaw ng SEC, mayroong ilang mga proteksyon na mayroon ang 40 Act na mga produkto na wala sa 33 [Securities Act of 1933] na mga produkto, ngunit hindi kailanman natugunan ng mga proteksyong iyon ang alalahanin ng SEC sa

2022-04-18Industriya

Radio Caca (RACA) Pump and Is the #1 Metaverse Cryptocurrency by Trading Volume » NullTX - BitcoinEthereumNews.com

Driven by important anouncements such as the appointment of Nicole Buffet, granddaughter of Warren Buffett, as art director, Radio Caca (RACA) has boomed and become the most traded highlight project in BNBChain in the last 24 hours, according to data from Coingecko. In addition, data from the portal suggests investors traded more than $15 million in cryptocurrency.  The growth of RACA has boosted the cryptocurrencys appreciation, which has already registered a high of 26% in the last 30 days. With that, RACA has established its place among the five most significant metaverse tokens in the cryptocurrency market, along with Axie Infinity, The Sandbox, and Descentraland, according to data from CryptoDep.  In addition, RACA was the most traded cryptocurrency in Turkey on April 13, surpassing even Bitcoin and Ethereum. According to BSC NEWS data, this rally boosted RACAs market capitalization to $557 million, putting the cryptocurrency in first place among metaverse projects built on BNBChain.  Significant Anouncements From Radio Caca  Radio Caca has been making big anouncements recently, including American artist Nicole Buffett anounced as art director. Buffett will work directly with rapper French Montana and the RACA development team around the 2D Montega Metaverse (2DMM), which will tie into Montanas upcoming album, Montega, as

2022-04-18Industriya

Top 3 Metaverse Coins Gaining The Most Price Today (MLT, XNL, ICE) » NullTX - BitcoinEthereumNews.com

While cryptocurrency markets continue to trade sideways with a slight bearish momentum as Bitcoin and Ethereum struggle to hold support, several Metaverse coins have shown double-digit percent growth in the past 24 hours, signaling the tremendous potential of the niche. Today we look at the top three Metaverse coins gaining the most price, ordered by the 24-hour price increase, lowest to highest.  #3 MILC Platform (MLT) + 12.62%  Launching its token in May 2021, MILC Metaverse and Platform describes itself as a Metaverse for the media industry that will bridge the gap between the content producers and the audience. Mediavierse from MILC Platform will be a combination of virtual reality, blockchain technology, and artificial intelligence.  The MILC Project will solve four fundamentally essential challenges of the global media industry: Global availability of all video content, the discovery process for buyers, complex licensing for the entire industry, and early feedback from its audience.  The projects main selling points are its significant partnerships with influential brands globally. For instance, MILC partnered with Welt der Wunder TV, a top-rated independent TV network in Germany and Switzerland. Moreover, MILC includes significant partnerships with cryptocurrency projects like The Birb Nest, Mine Network, etc.  Users can check out MILCs community dashboard

2022-04-18Industriya

What were the updates from Ethereum‘s All Core Devs Meeting #136? - BitcoinEthereumNews.com

The humongous size of the first smart contract enabled blockchain network needs direction and reviews of what they have done and whats need to be done further  On April 15th, 2022, Ethereum Core Dev Meeting took place where high-profile developers Ethereum network discussed the upcoming phases of the Shanghai upgrade and pre-Merge testing. A former researcher at Coindesk and currently at Galaxy Digital, Christine Kim wrote on Twitter while sharing some details of the conclusion of a conference of Ethereum developers that happened on Friday regarding its pre-merge testnet in the last stage.  It came to know that developers have analyzed recent pioneering maned shadow fork results and then decided to organize two more similar updates in the upcoming week on Ethereum mainet and Goerli testnet. After all this, developer and EF researcher Tim Beiko proposed to fork Ropsten Testnet and, after its being done for once, the Sepolia and Goerli networks. Therefore Rinkeby testnet should be abandoned by all the dApps which are still using its infrastructure.  The recent conference of Ethereum Core Devs will no longer have plans to accept proposals for the Shanghai hard fork. Its the first-ever hard fork of a post-merger network that is planed to take place

2022-04-18Industriya

Buy Fidelity National Information Services - BitcoinEthereumNews.com

KabuhayanBuy Fidelity National Information Services04 / 17 / 2022Balita ng Ethereum ng Bitcoin  Larawan ni Spencer Platt / Mga Larawan ng Getty  Getty Imagesn  The S&P 500 is likely to decline early in the week but rally into Friday. The index is usually strong in April but has fallen in the first half of the month. When price has fallen in the first half of April, the index rose in 15 of 18 years in the following week.  A scan has been run of the S&P 500. This table combines seasonal strength in column 2 and relative strength in column 3.  Pinagsamang Seasonal at RSV Rank  This ranking merges seasonality and relative strength.  Mga Siklo ng Pananaliksik sa Siksik ng LLCn  Fidelity National Information Services is number one. Over the last 21 years, this sector has risen 62% of the time in April and 80% of the time in May. The monthly histogram shows the seasonal strength. From March 19th sa pamamagitan ng Hunyo 6th, price has risen 85% of the time. The dynamic monthly cycle has bottomed as can be seen below in chart 2. The stock is likely to challenge the $110-$115 level in May.  Chart 1-Fidelity National Monthly Histogram  This stock is strongest in April and in

2022-04-18Industriya

Litecoin [LTC]: What is a good time to buy into the altcoin - BitcoinEthereumNews.com

LTC/USDT | Source: TradingView  On the charts, Litecoin seems to be falling into a descending wedge and a breakout over the upper resistance trendline can potentially bring about a major rally. That is, provided the broader market behaves well. In fact, it is well-positioned with the RSI at 50 and just millimetres away from a close above the 50-day moving average.  Fundamentally, it looks like a strong recovery candidate too. LTCs BitMEX basis ratio has remained reasonably in the positive zone. This suggested that Futures have enjoyed a premium over spot prices. It also goes on to suggest that derivatives traders and investors have so far stayed optimistic about the future of this altcoin.  Perpetual Futures Funding Rates across Exchanges | Source: Santiment  Litecoins on-chain Daily Active Addresses have remain fairly steady too, despite the fall in prices since November of last year. This is a sign that users on the network still trust and have faith in it over the long run.  Pang-araw-araw na Aktibong Address | Pinagmulan: Santiment  Concerning signals  However, not everything seems rosy for this particular altcoin. Santiments Adjusted Price DAA Divergence tool flashed a major sell signal on the chart.  Looking at the magnitude of the latest red bar on the chart, a

2022-04-18Industriya

REQ Token Price Analysis: REQ Token Broke out of the Supply Zone, Will it Continue the Bullish Trend? - BitcoinEthereumNews.com

Source: REQ/USDT by tradingviewn  REQ token price is in an uptrend daily and it has also broken out of the long-term supply zone.REQ token price is trading above the Supply zone of $0.20 on a daily time frame. The token forms higher low and higher high formation on a daily time frame. At present, the token is resting at a long-term demand zone on the weekly time frame, and thus it can bounce off the demand zone if the bulls support, and as a result, the token can be seen moving upside. But if the token breaks the demand zone, it can fall rapidly. Currently, the token is trading below all the crucial Exponential Moving Average (20, 50, 100) and could face rejection moving upwards.REQ token price has been trading in a small range from past trading weeks, and thus breakout on either side will trigger the big move. The token is currently trading at the lower band of the Bollinger band indicator. The Bollinger bands range has become narrow, indicating an impulsive move in the upcoming trading days. Volumes have decreased, and thus momentum on any side will continue for a long time due to less volatility.  nREQ token price is

2022-04-18Industriya

AMC Theatres now accepts Dogecoin, Shiba Inu - BitcoinEthereumNews.com

AMC Theatres has partnered with Bitpay to offer various crypto payment options, including Dogecoin (DOGE) at Shiba Inu (SHIB).  AMC Theatres CEO Adam Aron anounced the development on Twitter.  In the tweet, Aron said that people across the U.S. using AMCs iOS and Android apps could use crypto payments to pay for tickets and other services.  Tulad ng ipinangako, ang AMC mobile app para sa mga sinehan ng AMC sa US ay tumatanggap na ngayon ng mga online na pagbabayad gamit ang Doge Coin, Shiba Inu, at iba pang crypto currency — salamat sa Bitpay. Gayundin ang Apple Pay, Google Pay at Paypal. Upang magawa ito, kakailanganin mo munang mag-update sa pinakabagong bersyon ng aming app.  Not the first crypto to be accepted by AMC  Increasingly interested in cryptocurrencies, AMC Theatres, called a “meme stock” by some, has been accepting crypto payments for almost six months. The company first started taking crypto payments in November 2021, which allowed customers to purchase movie tickets and other services online using Bitcoin (BTC), eter (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).  The companys move into Dogecoin and Shiba Inu was expected since early this year when CEO Adam Aron tweeted that the company would accept the doggy coins no

2022-04-18Industriya
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