Bitcoin Liquidity Battles Heat Up As Demand Shows First Positive Print
Bitcoin remains range-bound as liquidity clears on both sides, keeping price action indecisive. After months of weakness, demand has finally turned positive, hinting that selling is easing and structural accumulation may be returning. BTC Stays Range-Bound Amid Active Liquidity Clearing Bitcoin remains locked in a range-bound state, characterized by a lack of directional commitment. Currently, the price is actively engaged in clearing liquidity on both sides of the spread. This creates a market environment where expansion is met with selling pressure, while price dips are swiftly absorbed....
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Bitcoin is a global digital currency being used by people across the world. Depending upon the level of adoption in different regions, its usage varies. How does it feel to get an overview of bitcoin usage pattern across the world? Something you can use to find the places where you can use bitcoin instead of fiat currency, no matter which country you are in? That's exactly what Coinmap is doing. Coinmap is a web based platform with bitcoin heat map. The map shows bitcoin activity across the world along with shops and establishments that accept bitcoin for payments. The heat map shows the....
A heat wave is about to hit Texas, and the bitcoin mining community is doing its part. This is the moment where the demand response program shows what it can do for the Texan community, but that’s still not enough for mainstream media. The Bloomberg article about it doesn’t acknowledge that the bitcoin mining industry […]
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand Liquidity Ripple Labs announced Wednesday “the launch of Ripplenet’s first live On-Demand Liquidity (ODL) service implementation in Japan” in collaboration with SBI Remit Co. Ltd. and Coins.ph. SBI Holdings, an investor and shareholder of Ripple, independently announced Wednesday that SBI Remit and....
Bitcoin (BTC) liquidity is drying up fast, as the metric recently hit a seven-year low, reaching around 3.12 million BTC, the lowest level since 2018. This occurred as BTC continued to trade below the 99-day Moving Average (MA), located around $112,086. Bitcoin Liquidity Dries Up Amid High Demand According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin’s sell-side liquidity is drying up at a rapid pace, recently hitting a seven-year low at 3.12 million BTC. Related Reading: Bitcoin Cycle Score Turns Negative With Trend Below $106,780 – When Will The Correction End? As....
PRESS RELEASE. At the Dubai Crypto Expo that happened between March 16 and 17, 2022, the NoVa Battles team led by CEO Lucian joyfully received the prestigious title of “Best Crypto Game 2022” in Dubai.
The NoVa Battles ecosystem is designed to reward its community members in multiple ways for their time and effort. In addition to incorporating their own NFTs and Crypto Token, more blockchain technology is planned for the NoVa Battle system such as digital real estate, subdivisions of the game ecosystem, and Metaverse, complete player customization of virtual....