Investor Focus Shifts Towards “Gem Hunting” as Bitcoin Price Wanes
The Uniswap trading trend that gained heat throughout July and August is back, but in a different form than before While in previous months, traders were focused on momentum plays over a multi-week time frame, they are now trading “Uniswap gems” with a one-day or two-day investment horizon This has caused plenty of small tokens to see massive, and fleeting, pumps over a shorter time frame One analyst believes that this trend may be why […]
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Bitcoin price just pumped following news that Square made a massive purchase in BTC, however, the dollar regaining momentum as the top cryptocurrency’s wanes, could soon suggest a pullback and a better buying opportunity for the major payments corporation. Here’s what inversely correlated technicals are saying about the two vehemently opposed currencies. Why The Dollar’s Rebound Threaten’s Bitcoin’s Bull Run Beginnings Bitcoin is supposedly breaking out of a bear market. It has retested and confirmed […]
The BTC/USD exchange rate corrected sharply after hitting its record high of $42,000 on Tuesday, pointing to a spike in profit-taking sentiment.
Bitcoin has switched its short-term market bias from bullish to bearish in the last two weeks.
Enterprise blockchain technology has been underwhelming but financial institutions are investing heavily in digital assets, a new analysis shows.
Technical Analysis is a method for analyzing price through the study of historical data primarily focusing on price and volume specific to the market. Contrary to fundamental analysis, technical analysis is purely quantitative and does not account for a company’s intrinsic value. It utilizes previous prices and trading action to identify patterns within....