The recent crash in the Bitcoin and crypto market has sent prices plummeting and has sparked a wave of panic among investors. This has led to the Fear & Greed Index plunging into the Extreme Fear territory, indicating that investors are less likely to invest in the market. The Fear & Greed Index is an
admin
Trading in the financial markets can be a rollercoaster of emotions, excitement, and stress. It requires quick decision-making and undivided attention, which can be challenging for many individuals. This is where trading bots come into play. These automated tools use algorithms to analyze market data and execute trades automatically, taking the burden off human traders.
Recent developments in the cryptocurrency market have shown that Ethereum has entered oversold territory, indicating a potential bullish trend ahead. Analysts such as Titan of Crypto have suggested that Ethereum is ready for a price rally, potentially reaching as high as $6,000. Historically, whenever the relative strength index (RSI) is in or near oversold territory
Toncoin (TON) had seen a significant surge earlier in 2024, reaching an all-time high of nearly $8.20 in mid-June. However, the cryptocurrency’s momentum began to wane towards the end of August, with its current trading price at around $4.80, marking a 40% drop from its peak. This downward trend in TON’s price can be attributed
The recent release of the US jobs report on Friday fell short of expectations, with only 142,000 new jobs added in August compared to the anticipated 160,000 or more. This data, coupled with the figures from July and June, brought the three-month average to a mere 86,000 – a stark contrast to the 202,000 new
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has recently reached its lowest level for the year, echoing a similar pattern last observed in October 2023. This metric plays a crucial role in analyzing investor behavior within the cryptocurrency market. In June, 99% of Bitcoin UTXOs were in profit, but this number has
A recent development in the crypto world has seen a federal judge denying Coinbase’s motion to dismiss a proposed class action lawsuit by shareholders. The lawsuit accuses the leading US crypto exchange of misleading shareholders about the possibility of being sued by the US Securities and Exchange Commission (SEC). The ruling by US District Judge
Recent analysis by crypto analyst Dan Gambardello has shed light on the potential future of Cardano (ADA) amidst troubling forecasts of a US recession. With a substantial following on YouTube, Gambardello highlighted the unease among ADA holders and general crypto investors due to the ongoing economic discourse surrounding a potential recession. He drew parallels between
Arthur Hayes, the co-founder of BitMEX, recently shared his somber prediction for the immediate future of the Bitcoin price. In a candid statement on his X profile, Hayes disclosed his market maneuver, stating that he anticipates Bitcoin to drop below $50,000 over the weekend. Without diving into specific reasons for his forecast, Hayes’ timing seems
The ApeCoin ecosystem has recently unveiled a comprehensive Blueprint that aims to shape its future development. The focal point of this ecosystem is the ApeChain blockchain layer, which is designed with a keen focus on both developers and users within the ecosystem. The primary objectives of ApeChain include enhancing the discovery and exposure of decentralized