3 Metrics Signal Crypto Bloodbath May not Be Over – Tokens Set to Run in the ...
Since Bitcoin reached its all-time high in November 2021, it has crashed by 73% and dragged the rest of the crypto market with it. A few signs show that the crypto crash hasn’t reached the bottom, but the good news is that some coins are indicating a potential price pump. Let’s look at the key […]
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Ethereum has flipped bearish following the market’s reaction to the Federal Reserve (Fed) meeting, but its price remains firm above the $2,100 level. Given the bearish conditions, the market dynamics of ETH are starting to shift as key metrics signal a possible liquidity trap ahead at current levels. An Ethereum Liquidity Trap Signal Emerges After […]
Dogecoin and Shiba Inu are currently facing bearish sentiment due to the crypto market downtrend. On-chain metrics also highlight the current sentiment, with market participants choosing to stay on the sidelines amid this downtrend. On-chain Metrics Signal Bearish Sentiment Towards Dogecoin and Shiba Inu Santiment data shows that Dogecoin’s Price Daily Active Addresses (DAA) divergence […]
The DeFi tokens market has been taking larger hits compared to Bitcoin since the crash began. This has obviously continued on to the point where most altcoins are down up to 90% from their all-time highs. Some have however been more unlucky than others in this regard. While the larger altcoin market continues to suffer, […]
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether.
El Salvador Buys the Bitcoin Dip
Amid a crypto bloodbath, El Salvador has bought the dip. The Salvadoran president, Nayib Bukele, announced Monday on Twitter that his country has purchased 500 more bitcoins. “El Salvador just bought the dip! 500 coins at an average USD price of....
Data shows Bitcoin mining difficulty has increased, leading to a 14% drop in daily revenue for miners over the last week. The crypto bloodbath has also impacted their income. Bitcoin Daily Mining Revenue Drops Below $40 Million, A 14% Drop Over The Last Week As per the latest Arcane Research report, the Bitcoin mining difficulty […]