May 2022 / 130 posts found
Bitcoin Enters Rare Discount Zone
Bitcoin Reading Time: 2 minutes Bitcoin is entering a discount zone not seen since March 2020 The reaction to the recent dip suggests that a 2019-style recovery may be playing out Historically speaking, this zone has been a great time to buy Bitcoin has entered a discount zone last seen during the March 2020 crash, suggesting that the time to come off the sidelines could be nigh. Only four times in its history has Bitcoin fallen below the ‘Bitcoin Investor Tool: 2-Year MA Multiplier’ line, with each occasion essentially encapsulating a bear market or crash bottom, signalling that Bitcoin is […]
Bitcoin, Ethereum in Critical Condition
Key Takeaways Bitcoin dropped below $28,000 over the past 12 hours. Meanwhile, Ethereum lost the $1,800 level as support. Further losses can be expected as selling pressure mounts. The crypto market sentiment went into “extreme fear” again after Bitcoin and Ethereum lost price support over the past 24 hours. On-chain data shows increasing selling pressure, which could lead to more significant losses. Bitcoin and Ethereum Spell Trouble Bitcoin and Ethereum look bound for significant losses after losing vital support areas. Nearly $300 million worth of long and short positions have been liquidated across the cryptocurrency market over the past 24 […]
The Formula For Riches – The Difference Between Rich And Poor
Buy Now Do you want to get rich fast and want to learn how to invest money the SMART WAY, then you are at the right place. The Formula For Riches is the road map to riches and it is the only proven solution that guarantees a sure-fire way to earn more than 1000% on your first investment without any risks. If you search the Internet you will find there are more than 45 millions sites on get rich fast, but I will guarantee you that not one of them will give you the true and proven method and system […]
Jamie Dimon’s JPMorgan says bitcoin’s slide has created ‘significant upside’ for crypto investors
Cryptocurrency Bitcoin’s recent slide has left the digital token well below its fair price, giving the cryptocurrency “significant upside” now, JPMorgan Chase said in a research note this week. The bank said bitcoin was undervalued by 28%, and put its price target for the coin, which was trading at just above $29,600 on Thursday afternoon, at $38,000 according to Markets Insider. Bitcoin fell below $26,000 earlier this month for the first time since December 2020, just as stock markets have been similarly pummeled — largely due to inflation fears. “The past month’s crypto market correction looks more like capitulation relative […]
Miami’s Mayor Continues to Receive His Salary in Bitcoin
Bitcoin The mayor of Miami and an outspoken bitcoin bull – Francis Suarez – revealed he still takes his salary in the primary digital asset. However, he explained this is not his only paycheck as others might be paid in fiat currency. Bitcoin Salary in BTC Despite the Market Crash The cryptocurrency market has significantly tumbled in the past few weeks. Bitcoin, for one, currently struggles to maintain $30,000 and sits far away from its all-time high last year. Nonetheless, the negative trend has not changed Miami’s mayor stance on the asset. During a panel at the World Economic Forum […]
Kraken Daily Market Report for May 24 2022
Overview Daily spot trading volume: $629.0 million, 30 day average spot: $1.05 billion. Total futures notional: $145.6 million. The top five traded coins were, respectively, Tether (+0%), Bitcoin (+1.9%), Ethereum (+0.3%), USDC (0%), and Solana (+1.0%). Strong returns from Tezos (+14%), Moonbeam (+18%), and Astar (+29%). May 24, 2022 $629.0M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD USDT $0.9989 ↑0.0% $227.6M BTC $29631. ↑1.9% $144.6M ETH $1975.8 ↑0.25% $73.4M USDC $1.0 ↑0.0% $61.9M SOL $49.64 ↑1.0% $24.9M DOT $10.175 ↑3.2% $8.57M…
