On-Chain/Derivatives Update Another exciting week as always for Bitcoin. After breaking below 40k support, BTC now faces 40k as a heavy resistance level. Below support remains 30k across several timeframes, but the area seems to have been front-run for now.…
Follow us on Google News The Securities and Exchange Commission (SEC) has approved BSTX, a joint venture between tZero and Boston Options Exchange (BOX) Digital Markets, to operate a blockchain-based securities exchange. Because of the blockchain transactions, BSTX aims for…
This week Bitcoin’s correlation to the Nasdaq reached an all-time high. With no catalyst to cause idiosyncratic flows to Bitcoin, it is trading in tandem with risk-off behaviour from equities with a high beta. For no catalyst to trigger idiosyncratic flows,…
Derivatives/ On-Chain Analytics Update From a price structure standpoint, Bitcoin bounced off the macro support level we talked about last week of $40K. Open interest is still high and in the area of which we have seen major squeezes/flushes take place. …
![Complete Price Analysis Of Shib Or Shiba Inu [2022]](https://coincodecap.com/wp-content/uploads/2022/01/Desktop-13.png "Complete Price Analysis Of Shib Or Shiba Inu [2022] 6")
The Shiba Inu coin price has risen millions of per cent for early investors who entered in 2020. As a result, SHIB outperformed every other coin in 2021, reached a market valuation of $30 billion higher than Deutsche Bank and…
The overweighing factor for the crypto market and all risk-on assets is the fear of monetary tightening and the effect that it will have on markets. This is the trade-off of Bitcoin becoming an institutionalized asset – we will see it…
Interest in DeFi keeps Rising The total value locked in Defi products(blue) has been steadily increased since the beginning of March 2020. This makes sense intuitively since the ETH price(black) has increased throughout this period. Likewise, TVL has mirrored the price…
Bitcoin opened up with $29,000 and closed around $48,000. This is an annual increase of 65.5%. It has reached two significant peaks. The first was reached at 64 895 on April 14. The second was reached at 69 000 on…
Dear readers, Hope all is well, and you had a great Christmas. Since it is the holiday season now, I won’t keep you too occupied. I have come across two indicators that are signaling a bullish reversal trend. These two indicators…
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