Will October Bring Fearfulness To Crypto For 200 Straight Days?
Data shows the crypto market has been fearful for 171 days already, will the streak continue in October and reach 200 days? Crypto Fear And Greed Index Points At An Extremely Fearful Market As per the latest weekly report from Arcane Research, the crypto market has been continuing to show a fear sentiment since April of this year. The “fear and greed index” is an indicator that measures the general sentiment among investors in the cryptocurrency market. For representing the sentiment, the metric makes use of a numeric scale that runs from zero to hundred. All values of the....
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On-chain data shows the Bitcoin aSOPR profit-loss junction has continued to act as resistance to the price of the crypto. Bitcoin aSOPR Bounces Back Down From The Breakeven Line As pointed out by an analyst in a CryptoQuant post, the aSOPR value equal to ‘1’ line has been acting as resistance for around 185 days now. The “Spent Output Profit Ratio” (or SOPR in short) is an indicator that tells us whether the average Bitcoin investor is selling at a profit or at a loss right now. When the value of this metric is greater than 1, it means the holders as a whole are....
A Slovakian bitcoin ATM operator wants to set the record straight on the topic of Europe's first bitcoin ATM. That title is currently claimed by a machine installed in the Helsinki Central railway station in Finland. There has also been considerable media hype around a Swedish machine that was touted as the continent's pioneering ATM dealing in the digital currency. But Marian Jancuska, who operates the ATM in Bratislava, Slovakia's capital city, says neither Scandinavian country can claim the honour, because his machine was installed before either one. He said: "I am glad bitcoin ATMs are....
The Ethereum network has taken more in fees than Bitcoin for a record streak, but a fee reform proposal faces an uphill battle. Ethereum (ETH) transaction fees have exceeded those on the Bitcoin (BTC) network for two months straight.Crypto market data aggregator Messari tweeted about the streak on October 8, noting it is the longest period that Ethereum’s transaction fee revenue has exceeded Bitcoin’s in the crypto asset’s history. Ethereum fees have been higher than Bitcoin fees for 2 months straight. It's longest streak ever pic.twitter.com/2KgnNBcrrT— Messari (@MessariCrypto) October 8,....
XRP managed to reach $0.53 on October 10 but was unable to hold that position as the crypto declined over the next few days. The Ripple Labs-created altcoin failed to capitalize on the October 25 crypto market mini rally to revisit that particular price zone as it struggled to keep up with the likes of […]
MATIC rose to its highest level in over two months on Friday, as crypto markets were mostly green in today’s session. SOL was one of the tokens in the green, as the price climbed for a third straight session heading into the weekend.
Solana (SOL)
SOL saw its value climb for a third straight session on Friday, as prices moved closer to a key resistance level.
As the week neared a close, SOL/USD peaked at a high of $38.35 on Friday, which is its highest point since July 9.
Friday’s intraday high has seen the token move closer towards a....