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“# Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K ” A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021. Dubbed as “Bitcoin: Short Term Holder NUPL,” the indicator takes into account the unspent transaction output, or UTXO,…
“# PSG price resumes rally to all-time highs as Lionel Messi officially joins Paris Saint-Germain ” PSG, a fan token launched by Paris Saint-Germain, resumed its uptrend on Thursday after Argentinian football superstar Lionel Messi confirmed that he was joining the French football club. The PSG/USD pair jumped by 10.57% to hit an intraday high of $41.90….
“# Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation ” Coinbase Global (NASDAQ: COIN) rebounded during the early trading hours on Aug.11 after it beat Wall Street forecasts for sales and revenues in the second quarter. The cost to purchase one COIN share surged 4.7% to $282.34 at the New York opening…
“# XRP price chart ‘double bottom’ puts next bullish target at $1 ” Ripple’s XRP token could hit $1 in the coming sessions per a classic technical chart setup. Dubbed as “double bottom,” the trend reversal indicator appears after the price bottoms out at a level, rebounds toward a higher resistance level, and then pulls back to…
“# Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar ” Institutions have not left the Bitcoin (BTC) market even in the face of a 50%-plus bearish correction earlier this year, shows data provided by Glassnode. The blockchain analytics platform reported on Monday that the dominance of Bitcoin transactions exceeding $1 million…
“# Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts ” Ether (ETH) has outperformed Bitcoin (BTC) in terms of year-to-date market performance, rising more than 320% against BTC’s 54% returns. But, according to Bloomberg Intelligence senior commodity strategist Mike McGlone, Bitcoin would soon catch up to Ether’s gains, which might even push its…
“# No, Bitcoin isn’t entering a 2018-like bear cycle, new data suggests as BTC targets $45K ” The scale of Bitcoin’s (BTC) ongoing downside correction might not be as alarming as it was in 2018, indicates data shared by Glassnode. The blockchain analytics firm reported that investors who have held Bitcoin for more than one…
“#A.J. Storr picked St. John’s with assist from Julian Champagnie” There were a number of factors that worked in St. John’s favor in landing the biggest-name prospect, four-star guard A.J. Storr, of the Mike Anderson era last Wednesday. Storr and his mother, Annette Brandy, were impressed by how active Anderson was in his recruitment and…
“# Bitcoin hits $45K ahead of July inflation report, but one fractal hints at looming correction ” Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report. The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the upside momentum that has already…
“# Bitcoin erases May crash losses as BTC price rebounds to $44K ” Bitcoin (BTC) price reacted as high as $44,600 on Aug. 7 amid speculations that it could undergo a similar upside boom like the one that began in October 2020. Bitcoin reached $44,600 before correcting lower on profit-taking sentiment. Source: TradingView.com At least…