Recent Data Suggests #Ethereum Could Make A Monthly Correction Towards Major Support But Many Traders Say It's Unlikely
There is a probability that Ethereum makes a correction towards the points $1773.85 and $1454.15, according to monthly parameters. We see an ascending triangle with microwaves abcde of accumulation.
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The amount of #stablecoins on centralized exchanges has fallen by half from December highs, from $43 billion to $21 billion. Source: https://social.wubits.io/wubits/home/6452c8241670554142c58e0e
Читать полностью…Despite recent outflows, #Binance and #Coinbase remain among the largest #ETH staking providers. However, Binance’s market share fell to 4.5% from 5.7% a month ago, while Coinbase’s share dropped to 12.3% from 13%.
Read More: https://social.wubits.io/wubits/home/6452ad821670554142c5720a
‘Parabolic Advance’ for #Bitcoin (#BTC) Now on the Table As Bullish Technical Indicator Flashes: Popular Analyst - Read More: https://social.wubits.io/wubits/home/64527efca85b3600420a10a8
Читать полностью…#Bitcoin’s price has been on the rise since rebounding from the $16K level a few months ago, leaving many investors hopeful that the bear market is finally over and a new bullish phase has begun.
Read More: https://social.wubits.io/wubits/home/64527aa0a85b3600420a0d43
#MicroStrategy Outperforms Top Stocks And #Bitcoin #BTC
Back in August 2020, Michael Saylor, the founder of the company, announced that MicroStrategy would begin purchasing Bitcoin to stack up its inventory and create a BTC-dependent company.
Read More: https://social.wubits.io/wubits/home/64516d9ea85b36004209a0e3
First Republic #FirstRepublic is among the five largest bank failures in US history, and most have happened in the past 2 months. Bye Banks Welcome Crypto. 🥳🌟
Read More: https://social.wubits.io/wubits/home/64512e2aa85b360042097493
Despite the efforts, it is important to clarify that #Bitcoin is currently at an equilibrium point, creating a bullish advance pattern very similar to the year 2020, between July and September, according to monthly parameters.
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Top 10 Gainers in April 2023. - Source: https://social.wubits.io/wubits/home/644fd1d4a85b36004208c125
Читать полностью…Bitcoin Still Posts Low Volumes Around Monthly Closes
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In the last 7 days, #Circle has issued a total of $700 million in #USDC and redeemed $1.1 billion, and the number of coins in circulation has decreased by more than $400 million.
Read More: https://social.wubits.io/wubits/home/644ea5a8a85b360042086881
"Sell in May" - Banks' collapse paves the way
In the stock market, as April comes to an end, a common saying among investors comes back to life - "Sell in May and Go Away".
Read More: https://social.wubits.io/wubits/home/644d2ff9a85b36004207feb1
Bitcoin Halving
In the past, the bitcoin price rose considerably after the halving, albeit many months after the subsidy was reduced.
Read Full Here: https://social.wubits.io/wubits/home/644be2e2a85b360042079bbe
Impact of PCE Statistics on the #crypto markets
The #PCE data could have a significant impact on the #cryptocurrency market.
Read more: https://93t9.short.gy/uS63dl
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Revenue in #AVAX increased by 10.8% QoQ (up 25.9% in USD terms). Read More: https://social.wubits.io/wubits/home/6452d7601670554142c5990c
Читать полностью…#Polygon and #Arbitrum lead cryptos in on-chain activity with spike in active addresses - Read More: https://social.wubits.io/wubits/home/6452af471670554142c574ad
Читать полностью…❗️Be informed, that today there are two major events planned on 6 - 6.30 PM UTC - Show all details: https://social.wubits.io/wubits/home/645280f3a85b3600420a114f
Читать полностью…#dollar #USD is trending higher after the start of the recession in the US. - Source: https://social.wubits.io/wubits/home/64527b8ba85b3600420a0e21
Читать полностью…#Memecoins Power A New Digital Market And Pepetoshi Nakamato Is Not Left Behind #ads
Pepetoshi Nakamoto, the unstoppable meme force that combines the genius of Satoshi Nakamoto and our beloved Pepe the Frog! 🐸🚀
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Despite a drop in the number of active addresses, #Bitcoin experienced a wave of #onchain activity this past week.
Read More: https://social.wubits.io/wubits/home/645131c2a85b3600420977da
#Bitcoin price fell more than 6%, generating huge losses for traders who were betting on a rise.
Read More: https://social.wubits.io/wubits/home/64512c23a85b3600420972cf
Bullish Indicator For Bitcoin: S&P500 Expected Volatility Is Reduced
The decline in the #VIX volatility index suggests a more stable environment for financial markets, which could boost demand for #cryptocurrencies.
Read More: https://social.wubits.io/wubits/home/644fd59fa85b36004208c3cf
#Bitcoin Open Interest On #Binance Drops Ahead Of Fed’s Rate Decision
Experts at 52kskew noted a significant decline in Bitcoin Open Interest, alongside the declining BTC price.
Read More; https://social.wubits.io/wubits/home/644fd128a85b36004208be4c
Large Investors Accumulate More Than 60,000 #Bitcoins In The Last Days
Whales and other bitcoin investors have increased their holdings after the price of the cryptocurrency touched $ 30,000.
Read More: https://social.wubits.io/wubits/home/644ea72ea85b36004208698f
#Bitcoin #BTC Transactions Reach Record High As Inscriptions Surge Daily
Number of transactions on the Bitcoin blockchain reached a new all-time high yesterday when tracked using a seven-day moving average.
Read More: https://social.wubits.io/wubits/home/644ea504a85b360042086876
In 2023 Q1, the total trading volume of the Top 15 exchanges was $10.8 trillion, up approximately 40% compared to the previous quarter.
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Ethereum Price Remains At $1,920, But Some Professional Traders Are Skeptical Of Further Increases
Ethereum traders have been neutral-to-bearish for the past week, indicating little confidence in Ethereum breaking above $2,000.
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#Bitcoin 30-day rolling correlation with gold has surged since March and now stands at 57% - its highest level in almost 2 years. #BTC #Gold #correlation
Source: https://93t9.short.gy/qhZroZ
The increase in activity on #Arbitrum led to increased usage of Hashflow relative to other instances, making up 48% of the 383,000 trades in Q1.
Source: https://93t9.short.gy/Iygumx