Bitcoin’s Unreliable Death Cross Is Looming Again
Indicators like the death cross are inherently lagging and offer limited predictive power.
Indicators like the death cross are inherently lagging and offer limited predictive power.
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals.
COIN lost 7.3% on Monday to close at $189.47 amid a market sell-off in which crypto and küresel stock markets experienced one of their sharpest losses in recent years.
The tax authority issued the showcause notice to Binance last week.
BTC has dropped over 13% this month, but all is not lost, according to key indicators.
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.
The regulatory agency has taken umbrage with Coinbase’s attempt to subpoena SEC Chair Gary Gensler’s personal emails.
Bitcoin’s 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there’s been multiple occasions of similar drawdowns during previous bull markets.
It depends on what you’re trying to protect that value from. Market meltdowns like Monday’s? No. Confiscation or monetary inflation? Maybe.
An Arizona candidate who received $1.4 million in crypto help, is maintaining a 67-vote lead several days after the primary election, with a small pile of votes left to verify and count.