The current market conditions have left many new Bitcoin investors facing financial stress. Various metrics point towards a bearish environment, highlighting factors that can worsen market volatility, increase selling pressure, and contribute to further price declines. The Short-Term Holder MVRV (Market Value to Realized Value) and the standard deviation (SD) of the short-term holder Cost-Basis
As recent trading activities reveal, Ethereum is currently at a crucial point in its trading journey. The formation of a bearish triangle pattern signifies a potential significant breakout. If the cryptocurrency breaches the lower boundary of this triangle, it could lead to a sharp decline towards the $2,160 target. This article aims to delve deeper
Unioverse, a popular sci-fi franchise and gaming platform, is making waves once again with the launch of its latest game, Hoverdrome. If you are in search of an exhilarating gaming experience that combines the best elements of Mario Kart and Rocket League, then Hoverdrome is the perfect game for you. However, this isn’t just any
In recent days, Ethereum (ETH) has managed to recover from a significant downturn that occurred at the beginning of the past week. After experiencing a crash on August 5th, which saw its price drop to $2,112, Ethereum has made a modest recovery, climbing back above the $2,600 level. The digital asset is now eyeing the
As discussions between industry leaders and White House officials continue, Pro-Bitcoin Democrat House Representative and lawyer Ro Khanna anticipates that the Biden administration will soon unveil a cryptocurrency regulation roadmap. Khanna expressed hope that these forthcoming regulations will provide clear guidelines for companies to ensure compliance while fostering innovation and job creation within the United
Sui (SUI) has recently seen a remarkable 125% increase in just one week, largely due to the introduction of Grayscale’s Sui Trust. This surge has placed SUI among the top cryptocurrencies, with a daily increase of over 9% and a weekly surge of 70%, currently trading at approximately $1 according to CoinGecko data. The significant
Gala Games has recently rolled out a new feature that allows users to log in to their platforms using their Telegram accounts. This Single Sign-On (SSO) option aims to streamline the process of accessing Gala platforms, such as Gala Games, Gala Music, and Gala Film, by eliminating the need for usernames and passwords. By incorporating
The latest data from CoinShares, a crypto asset manager, reveals a noticeable comeback in the crypto market. According to the ‘digital asset fund flows weekly report,’ there was a significant uptick in investor confidence as digital asset investment products saw $176 million in inflows. The head of research at CoinShares, James Butterfill, highlighted a strong
Recently, Coinbase has taken a strong stance against the US Securities and Exchange Commission’s (SEC) proposal to expand the definition of “exchange” to include decentralized exchanges (DEXs). This proposal has sparked significant controversy within the industry, with Coinbase and other players expressing concerns about the potential negative impacts on innovation and compliance burdens that could
An enthusiastic crypto analyst has recently made a bold prediction regarding the future price of Bitcoin. The analyst, known as ‘Sensei,’ believes that Bitcoin has the potential to surge to an impressive $72,000 in the near future. This optimistic forecast is based on the analyst’s analysis of Bitcoin’s recent price movements and trends. Despite Bitcoin
