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BTCUSD(4Hr): BTC touched a new ATH within 1 monthMarket in the last 24 hours BTCUSD saw a new ATH this month as it gained nearly 4K$ in the last 24 hours as the price continuously rejects the upper Bollinger band as a resistance line. Trading volume has been moderate in the last 24 hours but the trading volume can be seen decreasing with an increase in price suggesting a correction is imminent. Next 24 hour's Trend analysis The price is likely to see some consolidation with a hint of bullish momentum as we some correction and the price moves between the upper and the middle Bollinger band. The price change was high at approximately 5.44%, with the week's range between $62866 — $66517. Price at the time of publishing: $66,208 BTC’s market cap: $1.25 Trillion Moreover, the Indicator summary is giving a 'BUY' signal on BTCUSD. Out of 11 Oscillator indicators, 1 is giving a SELL signal, 7 are neutral and 3 are giving a BUY signal. Out of 15 Moving average indicators, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal. Traded volume has remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4-hour candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BITSTAMP:BTCUSDLong
by Mudrex
6
BTC UPDATE!!Hello ladies and gentleman. I have some very interesting news to share about BTC. Third-Largest Bitcoin Whale Sold at $56K and Bought Back at $57K a Day Later. 494 BTC was bought right on spot. Around $28,000,000.00 And the Bitcoin Illiquid Supply Shock Ration has surpassed it's 2021 ATH. That means that the supply in BTC is decreasing while demand is increasing. I think it's just a matter of time until the price increases. That's it for this analysis, if you think this was valuable...support this idea with your like. Thank you for investing your time in my analysis btw. See ya✌️
by EliteTradingX
Will Ever Cardano Price Break Out Of Consolidation To Reach $2.5After a notable roller coaster ride, the crypto space currently seems to have relaxed a bit. Most of the assets are currently accumulating after slightly pulling back from the higher positions. While Bitcoin, Ethereum ranged high and consolidating, Cardano appears to have inculcated a reverse trend. And hence raising the clouds of suspicion over the ADA price rally. The price maintained a depleting trend from the past couple of months, yet the current month trade dipped lower levels. The recent price dip has formed new resistance and support levels which are lowered at $2.02 and $1.96 resp. And now also the asset is trending within small braces or consolidating in very narrow ranges. Read more : coinpedia.org
by Coinpedia-Market-Insight
BITCOIN BREAK OUT ABOUT TO HAPPEN??!BITCOIN FORMING DIVERGENCE SIMILAR TO THE LAST BREAK OUT!!! BINANCE:BTCUSDT As you can see on the chart Bitcoin is forming the same divergence it formed during the October 1st cool off period before a massive pump to $48,000 USD. It is forming that same divergence and I am curiously waiting for that third bounce from the RSI to really confirm this. This is a sign of bullish divergence as the lows are becoming higher but the RSI is lower. This indicates the coin is much being over sold at much higher prices and shows a sign of a strong buying force to come. The MACD on the one hour is also about to cross the signal line. Like I said in previous posts Bitcoin is looking to retest the $49,000 resistance level and if it does challenge and break this level we are looking at an extremely bullish sign for bitcoin. Personally I am waiting to see the price action of bitcoin and seeing if it can hold these higher highs. For More Short Updates like this make sure to like and follow to always be notified. Make sure to read my previous post on Bitcoin to get a more in depth understanding of why the price is acting the way it is. Thankk you Remember to be patient AND MAKE SOME MONEYYY!!!!! This is not financial advice.
by Real_Time_Analysis
3
BITCOIN CRASH UPCOMING OR BULL RUN?!?BITCOIN LOSING STRENGTH OR RALLYING FOR A INSANE BULL RUN?!?! BINANCE:BTCUSDT Bitcoin has had an extraordinary pump, But with every pump comes either a correction or a dump. Like analysed in my previous analysis of this Pump ( ), Bitcoin is still not clear yet. Although Bitcoin is showing signs of a bull run because of this crazy pump and all the retail investors celebrating the end of the dreadful month of September it does not mean Bitcoin is out of the woods. As mentioned in the previous report Bitcoin should have hit a key level of resistance at $49,000 USD and that would mark the end of the short term down trend as there would not have been a lower high. However Bitcoin has started moving slightly downwards and topped with a high of $47,800 USD. This still means Bitcoin is in a down trend and with lower highs, lower lows usually follow. Right now the key level to look at is the $46,800 USD mark as it has been a previous level of support when everyone was convinced “Bitcoin on the way to an all time high” (18th September). Usually I am very bullish on Bitcoin but we are seeing the buyers lose their buying force. Although we have seen some strong rejections at that golden level of support at $46,800 USD I personally don’t feel there is a strong enough narrative to really drive retail investors into Bitcoin and drive the price up further. We have heard about news about the US government not banning crypto, El Salvador mining Bitcoin with volcanic energy, Economists calling Bitcoin “digital Gold”. There wasn’t a single reason for this enormous pump. October 1st is the end of the quarter meaning many quarterly contracts have expired causing this slight pump which got retail investors exciting due to all the campaigning going on calling for a bull run to $100,000 USD for Bitcoin or at least achieve a all time high. This means as that slight pump happened it caused investors to jump on because they didn’t want to be late to this parabolic bull run driving the price higher and higher. A lot of the traders shorting Bitcoin with leverage ended up being liquidated due to this Pump and all that did was further drive the price higher and higher. This however is not healthy for the market as there is no Narrative to really drive the market or keep retail investors in other than the “digital gold” and I personally do not think it is strong enough to drive prices to an all time high. I am a trader who likes to trade narratives and personally right now there isn’t a strong enough narrative to hold or even bring Bitcoin all the way to the all time high. I am personally really bullish on Bitcoin but i do think this pump is overhyped and will face a correction soon with the technical target being around about $44,000 USD. However if we do see and increase in buying volume and see a push from sellers we are looking to hit the $51,000 USD long term down trend resistance line. However there is a crack down on stable coin such as USDT/USDC meaning there will be a lot of buying pressure coming in for all the people who don’t want their money caught up in it, this wont be substantial enough to drive Bitcoin prices to an all time high but can potentially create some narrative which can In turn cause a insane bull run to the all time high. Bitcoin is a coin which likes to surprise everyone and it rewards patience, anything is possible with Bitcoin. I personally have purchased Bitcoin in the beginning of the Bull run and will be holding my positions and waiting to see how the price reacts with the opening of the Nasdaq and the NYSE as stock prices are tied into the performance of Bitcoin. I also will be looking for price action around the $46,800 USD and the $49,000 USD (if it reaches till there). If price action does show substantial rejection of the $46,800 USD I will increase the size of my position. Thank you guys keeping up with today’s detailed analysis. A lot of work and research goes into this so if you do like these please make sure to like and follow for daily reports on the crypto market. Remember Be Patient ANDD LET’S MAKE SOME MONEY!!! This is not financial advice
by Real_Time_Analysis
3
Bitcoin NEXT move!!!!!!!!!!!Bitcoin on it's high rally didn't continued and took reversal from 52,800 due to bitcoin adoption in El Salvador and now its moving on 42,200. Market tried to catch up price but due to aspects of El Salvador bitcoin adoption and now FUD like china against BTC. It is yet not clear tends to further fall in price tp 38,000 as china enforce on bitcoin. The market sell-off can be traced back to developments in China, where the central bank has issued a nationwide ban on bitcoin transactions, blaming fraud, money laundering and energy consumption. China officials are also taking aim at bitcoin mining once again. Meanwhile, fears surrounding China’s debt-laden real estate developer Evergrande also seem to have spilled over into the crypto market.
by ProTradingPoint
2
CELR/USDT *Big Short* ComingHello guys this is Madop here. I am just a nobody that now have had enough profit and experience to get myself comfortable who LOVES cryptocurrency for changing my life around I have been using trading view for a long time since I started trading cryptocurrency and I think it's about time I give something back to this community. Since I never paid a dime to use the chart and indicators, this is my payback :) As cheap as I may sound... (I admit I am yes haha) I am super aware when I am putting my money down for a trade, and today I came across a coin that is currently making me above 100% profit and it is going to be A LOT more so I figured why not share and give back to the community and may be even save some people. Today we are looking at CELR/USDT (Celer network) *Note* I am not saying this network is bad or anything but the chart is looking horrific... As we all know there is no magic indicator or for sure way to know the direction of chart but with few researches, it can definitely give you a good insight where it might go here are some :::FACTS::: 1. Ridiculously Big Divergence. As you can see in the chart, that divergence is insane... I mean... I literally dont know what more I can say what you see is what you get... If you don't know divergence that well, look it up, it is super easy to understand. 2. History Don't Lie. So when the coin is pumping to the moon without a good foundation such as development news and "people talking" about it, it is a BIG no no for me... and should be the same with you. Last time it pumped about 9500pip, It plummeted down to 8500... This is pumped above 9500pip... what would come next?? 8500? or even more? 3. Watch out for a pump without foundation. So I did some research on this coin and nothing was big enough news that could cause this current pump and so as the pump as year. Like a ghost 0.0 and it was around same time as last year this pump is happening again... For my conclusion, I am sure your thinking the same after telling you what I have found out, I wish you guys another great year of trading and remember to trade safely! Happy trading guys :)
Short
by Madop
10
$XRPUSDT Ripple Long Term Target PTs 3-3.90-5-6.50 and higher$420M in leveraged long traders liquidated after XRP rallies to $1.96 XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed? XRP holders couldn't have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14. In addition to achieving its highest level since January 2018, this robust price increase signals that investors are not worried about the ongoing SEC "unregistered securities offering" dispute. However, just 6 hours after rallying to $1.96, XRP price crashed by more than 20%. During an interview, DCG Group CEO Barry Silbert said it would be risky for exchanges and companies in the United States to relist XRP ahead of receiving the SEC's blessing. These remarks may have contributed to the unprecedented $420 million long liquidations on derivatives exchanges today. Over the past couple of weeks, the primary catalysts for XRP's rally have been victories in Ripple's legal battles. Lawyers representing Ripple were granted access to internal SEC discussions regarding cryptocurrencies, and more recently, a court denied the disclosure of two Ripple executives' financial records, including CEO Brad Garlinghouse. Considering the recent rally, pinpointing a single reason for the price correction will likely be inaccurate. Nevertheless, the impressive $420 million long liquidations past 24-hours exceed those of Feb. 1 when XRP price crashed by 46% in two hours. The only logical reason behind this staggering liquidation is excessive leverage used by buyers. To confirm such a thesis, one must analyze the perpetual contracts funding rate. To balance their risks, exchanges will charge either longs or shorts depending on how much leverage each side is demanding. The chart above shows that the 8-hour funding rate is surpassing 0.25%, which is equivalent to 5.4% per week. Although this is excessive, buyers will withstand these fees during strong price rallies. For example, the current upward price move lasted for almost three weeks, and prior to that another took place in early February. Blaming the liquidations exclusively on leverage seems a bit extreme, although it certainly played its part in amplifying today's correction. Moreover, the record growth in XRP futures open interest was accompanied by a hike in the volume at spot exchanges. As a result, the eventual impact from more significant liquidations should have been absorbed by the increased liquidity. Cascading liquidations will always take place in volatile markets. Thus investors should focus on how long it takes until the price recovers from it. Fundamentally, a 10% or 20% intraday drop should not be interpreted differently. The correction depends on how many bids were previously stacked at exchange orderbooks and is not directly related to investors' bullish or bearish sentiment.
Long
by UnknownUnicorn19246015
Binance Coin $BNBUSD Long Term PT 980-1,100 and higherWhy Binance Coin Hit All-Time High (and $86B Valuation) Ahead of Coinbase Listing Why wait for the Coinbase listing of its shares on the Nasdaq? There’s already a way – in cryptocurrency markets – to bet on the world’s biggest cryptocurrency exchange. It’s a digital token linked to the success of Binance, which boasts a higher spot trading volume than Coinbase, according to the data site CoinGecko. The token, binance coin (BNB), has surged 14-fold in price this year, for a market value of $86 billion. Some cryptocurrency investors see BNB as a way to get excess return over a simple purchase of bitcoin, whose doubling in price this year looks almost paltry by comparison, Joshua Frank, co-founder and CEO of crypto data firm The TIE, told CoinDesk in an interview. “Funds can’t just buy bitcoin, because if the funds just buy bitcoin, it’s not worth it for their investors,” Frank said. Binance coin “is one of those larger coins that they can get exposure to, and they can put a large position in.” Binance press officials said they didn’t know why BNB has rallied so dramatically this year. The token’s price “is not something that can be controlled,” according to a spokesperson. But cryptocurrency analysts said that Binance’s recent business moves, including launching a blockchain network to compete with Ethereum for a share of the decentralized finance market, known as DeFi, have helped to boost the BNB token’s prospects. Unlike Coinbase’s soon-to-be-issued shares, BNB tokens confer no equity ownership rights. Binance is a closely-held firm, still led by its founder, Changpeng Zhao, often referred to by his initials, CZ. Instead, BNB is considered an “exchange token.” It can be used to pay fees on various Binance trading platforms, sometimes entitling the payers to discounts, or even as a currency on blockchain networks sponsored by the exchange. Investors in the token are essentially betting on its supply and demand, which effectively translates to a bet on the success of the Binance ecosystem. The rise of Binance Smart Chain Binance Smart Chain (BSC), a less decentralized public blockchain that’s considered a competitor with the Ethereum blockchain, has been quite successful. With transaction fees that are about 35 times cheaper, BSC has overtaken Ethereum in the first three months of 2021 for daily unique active wallets, according to DappRadar’s 2021 Q1 overview report on April 1. In March, the total value locked in Venus, the top decentralized money-market protocol on BSC, surpassed that of some of the most popular DeFi projects on Ethereum, including Uniswap and Compound, DappRadar wrote in its report, citing data from Defistation. The huge success of Binance Smart Chain has played a significant role in BNB’s rapid growing value. As a “discount token,” BNB offers discounts for trading on both Binance’s decentralized exchange (Binance DEX) and Binance, according to Nick Mancini, research analyst at Trade The Chain. The TIE’s Frank told CoinDesk that many crypto-native hedge funds have recognized BSC as a “much cheaper and more effective way” to access DeFi than stomaching Ethereum’s transaction fees, known as “gas,” where rates have soared due to network congestion. BNB is used as gas to pay for DeFi deployment to BSC. Mancini speculated that BNB’s market capitalization might eventually overtake that of ether, the Ethereum blockchain network’s native cryptocurrency. Ether prices have tripled this year, to a market value just over $260 billion. “If BNB and ether continue to grow at the same rate, BNB will flip ether within the next two to four months,” Mancini said. “Alt Season” It can’t be overstated that BNB’s price surge has come during “alt season” – a stretch of time where crypto traders have bid up so-called altcoins, ostensibly due to a lull in bitcoin’s rally. This is evidenced by recent drop in bitcoin’s share of all cryptocurrencies’ value, known as the market dominance ratio, to a two-year low. Crypto hedge funds trying to beat the market may also have been forced to invest in altcoins like BNB. Fund managers typically impose a “2 and 20” annual fee structure, meaning a 2% management fee of a fund’s net asset value and a 20% performance fee. Since there are so many ways for investors to hold bitcoin at low cost, crypto hedge funds have to come up with “unique ways” of beating the largest cryptocurrency’s returns for less costly fees, Frank said. “Funds can’t just buy bitcoin because if the funds just buy bitcoin, it’s not worth it for their investors,” Frank said. “Funds have to go out and deploy so much capital, and binance coin is one of those larger coins that they can get exposure to and they can put a large position in.” Coinbase direct listing’s spillover The Coinbase stock listing might be another potential driver of BNB’s gains. While Binance’s CZ has told CoinDesk that the company does not plan to go public, the token ecosystem might be benefiting from speculation over Coinbase’s value. A pre-listing tracking contract traded on the FTX exchange puts Coinbase’s share price at about $634, which would imply a market value for the U.S. exchange north of $160 billion. As CoinDesk reported previously, exchange tokens have skyrocketed since last year, sometimes traded as a crypto-native proxy for equity in the companies behind the exchanges, arguably the industry’s top revenue-getters. Another exchange token, FTX’s own FTT, has posted year-to-date gains of more than 800%, per Messari data. “By buying these exchange tokens, it may be a ‘buy the rumor, sell the news’ type of event, where things are going to run up so much in the next few days in anticipation” of the Coinbase listing, Frank said. As rewards go up, risks also increase Of course, with the extreme gains in BNB come major risks. Paramount among those, in a cryptocurrency industry where decentralization is prized, is that Binance is so centralized: BNB is owned and created by Binance, and the Binance team still owns over 80% of BNB, according to Mancini. It means that “there is a centralized authority to answer if regulators came knocking,” Mancini said. Contrast that with ether, which is fully open-source. “This regulatory risk can create a serious hurdle for BNB being listed on other exchanges, or being allowed to grow its utility on American or European soil.” Ryan Watkins, a research analyst at Messari, also criticized BSC’s centralization in a recent tweet thread, arguing that BSC is just a “copycat” of Ethereum. “The reason why BSC is faster and more scalable is not because of some magical technological innovation,” Watkins wrote. “It’s instead the magic of centralization. BSC is an Ethereum fork with a centralized validator set. That’s it, nothing more.” However, hedge funds or even average crypto investors might not care about that too much, at least in the short term, The TIE’s Frank said. “The average consumer just wants a good user experience,” Frank said. Meanwhile, “if you are a hedge fund that’s trading and taking small-term positions or small-term bets, you also care a lot less about decentralization risks.” BNB’s low-price strategy also might eventually lose its competitive allure. “Eventually everyone reaches 0% fees on trades,” Mancini said. “Although BNB offers cheaper trading right now, eventually that benefit will go away.”
BINANCE:BNBUSDLong
by UnknownUnicorn19246015
Ethereum $ETHUSD PT 2500-2300Ethereum is an open source, public blockchain that was created to address the vulnerability of personal data stored on the internet. The principal of Ethereum’s blockchain is to decentralize information stored on the web, competing against internet-based data warehouse companies, to protect internet-based data from theft. Ethereum is best known for its smart contracts, these being coded contracts uploaded onto the Ethereum blockchain. The information held on the Ethereum blockchain is, not only protected from hackers but also secure from manipulation. Unlike Bitcoin, Ethereum was not created to provide an alternative to fiat money, while Ethereum’s smart contract offering has made it the chosen payment source in initial coin offerings. Ether tokens (Ethereum cryptocurrency) are created to fund the Ethereum blockchain development and expansion. The idea of Ethereum was conceived by Russian – Canadian Programmer Vitalik Buterin and co-founded by Mihai Alisie, Anthony Di Lorio, and Charles Hoskinson. Ethereum was released on 30th July 2015, after Vitalik Buterin initially released a white paper in 2013. The total number of Ether tokens issued at the pre-sale was 60 million, with 0.2 per coin sold in the crowdsale, therefore, 72 million ether coins were issued at Genesis. 12 million off the 60 million ether tokens created in the presale were mostly distributed to early contributors and developers, with the remaining being held by the Ethereum Foundation. Founder Buterin was said to hold just 630,000 Ether tokens and factoring a reported sale, is said to own less than half a percent of total Ether tokens in circulation. The creation of each individual Ether token comes from mining, which is rewarded to miners in the blockchain verification process. The Ethereum blockchain requires thousands of users, called nodes, running Ethereum virtual machines that are able to execute smart contracts. Smart contracts describe software and apps developed over the Ethereum platform. Ether Tokens not only act as a fuel for the decentralized apps or software in the Ethereum network but are also used to cover transaction fees stemming from any change requests made for existing apps. The transaction fees are calculated based on how much ‘gas’ an action demands, which is equivalent to the amount of computing power and time to make the required change. Some distinct characteristics of Ethereum include: There are no physical Ether tokens, only virtual. There are only a finite number of Ether Tokens. While the creation of Ethereum blockchain and Ether tokens was not meant for an alternative to fiat currency, certain merchants and companies are willing to accept Ether tokens as a means of payment for goods and services.
BITSTAMP:ETHUSDLong
by BADQOMOCAWGOWLD
$LTC Litecoin PT 600 and higher, Long Term...Litecoin rose by 2.93% on Thursday. Following on from a 0.58% gain on Wednesday, Litecoin ended the day at $202.67. A mixed start to the day saw Litecoin fall to a mid-morning intraday low $194.14 before making a move. The morning pullback saw Litecoin fall through the 23.6% FIB of $195 before striking a mid-afternoon intraday high $204.95. Litecoin broke through the first major resistance level at $202 before a slide back to $196 levels. Steering clear of the 23.6% FIB, Litecoin bounced back to end the day at $202 levels. At the time of writing, Litecoin was up by 0.29% to $203.26. A mixed start to the day saw Litecoin fall to an early morning low $201.62 before rising to a high $203.74. Litecoin left the major support and resistance levels untested early on. For the day ahead Litecoin would need to avoid a fall through the $201 pivot level to support a run at the first major resistance level at $207. Support from the broader market would be needed, however, for Litecoin to break out from Thursday’s high $204.95. Barring an extended crypto rally, the first major resistance level and resistance at $210 would likely cap any upside. In the event of an extended rally, Litecoin could test resistance at $220 before any pullback. The second major resistance level sits at $211. Failure to avoid a fall through the $201 pivot level would bring the first major support level at $196 and the 23.6% FIB of $195 into play. Barring an extended sell-off, Litecoin should steer clear of sub-$190 levels. The second major support level at $190 should limit the downside. Looking at the Technical Indicators First Major Support Level: $196 Pivot Level: $201 First Major Resistance Level: $207 23.6% FIB Retracement Level: $195 38.2% FIB Retracement Level: $163 62% FIB Retracement Level: $110
BITSTAMP:LTCUSDLong
by UnknownUnicorn19246015
2
REN REN to 10/10 LOL Daily ChartDaily RSI Support Zone Resistance Zone Target Price Comments 48 Support 1= 0.972 Firm Bottom = 0.084 Resistance 1 = 1.122 Keep playing the range. Adopt Buy on Dip Strategy (Neutral) Support 2= 0.088 Resistance 2 = 1.47 Daily Readings: Comparatively one of the new Crypto’s. Talking structurally it has one of the good structures in long term view. After such a strong start it is now moving sideways and is under correction. As long as it holds the Trendlines there is nothing to be scared of, yes if it breaches the Trendline the downside can be opened but for that the chances for now seem very low. On the other-hand breaking the falling channel resistance will open 1.47 breaking which would put the script to straight test 1.84-1.85 region once again. It will take some effort to break that said zone, once breached new highs are likely to be seen. Price action has breached HH – HL formation which indicates the strength will take time to gain momentum. Strategy: 1- Risk can be taken at good supports as Risk Reward Ratio on those levels are good. 2- Wait for break of resistance for Fresh entries. EMA 10 rests at 1.018 EMA 25 rests at 1.043 EMA 50 is at 1.006 which can limit fall, while breaking below this level will favor price to test the lower supports at 0.0972 and 0.088 region. This is where good buying support exits. On downside if Trendline is violated then we can see retest of 0.76-0.80 range. This is where on downside future course will be decided. Not Financial Advice, do your own due diligence and Slay your trading days!!!
RLong
by btcarchangel
BITCOIN LONG SETUPHello Guys, I think about BITCOIN Bullish. Key reason: Some bitcoin investors are watching General Motors closely in the wake of CEO Mary Barra's response during the company's fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. During the call, according to a transcript posted by SeekingAlpha.com, Jonas asked whether GM might follow other companies - presumably Tesla among them, although he didn't say so - in holding bitcoin to diversify its cash reserves or accepting it as payment for automobile purchases. CNBC reported shortly after Barra made her remarks that at least one automobile dealer was accepting bitcoin as payment for cars and had been doing so for several years. A New Zealand hedge fund, NZ Funds Management, which had $350 million worth of assets under management at the end of December 2020, says five percent of its money is invested in bitcoin. Bitcoin had become a commodity, with many of the attractive hallmarks of gold, which investors often bought as a store of value in times of economic crisis. If you are happy to invest in gold, you can't really discount bitcoin Bitcoin jumps as Visa is reportedly said to allow payment settlements using cryptocurrency Visa is said that on Monday, it will allow the use of cryptocurrency USD Coin to settle transactions on its payment network. The report headline may be a bit of a stretch since this actually only covers USDC. However, Visa's acceptance of the stable coin in general - this one is pegged to the US dollar and runs on Ethereum and Algorand blockchain - is a positive sign for the rest of the cryptocurrency industry at least. Bitcoin Supply Reaches the Lowest Level in 3 Months According to the latest data published by on-chain crypto market analysis firm, Glassnode, around 45.3% of Bitcoin supply has not moved in the last 2 years, the highest level in 3 months. Institutional demand for Bitcoin is currently driving the price of BTC, but the latest dip in the supply of digital currency is making it difficult for organizations to accumulate the cryptocurrency. In addition to Bitcoin whales, crypto miners are not selling their BTC assets as the total amount of Bitcoin transferred from all crypto wallets of miners has dropped to the lowest level since December 2020. Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 Crypto Portfolio management: www.fiverr.com Thanks, Everyone
BITSTAMP:BTCUSDLong
by WahidFx_93
3
XLM / USD in 2021: Long term bullish trend Some keynotes from the internet: - XLM will rise as high as 19 cents by the time 2023 rolls around. - Coinliker takes a much more bullish stance on the cryptocurrency with an estimate of $3.33 in five years’ time. - Crypto Rating expects it to reach 46 cents in 2021. - CoinSwitch is among the more bullish with a Stellar Lumens price prediction of $1. - CryptoGround finishes up the roundup of price predictions with an estimate of 74 cents.
COINBASE:XLMUSDLong
by UnknownUnicorn9099782