Tag: CryptoMarket

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OKX launches AI integration to monitor market volatility

Cryptocurrency exchange OKX announced a new integration aimed to help users monitor market volatility in real-time via advanced AI algorithms. After the latest update of the infamous artificial intelligence (AI) chatbot ChatGPT-4, the technology has been a buzzword inside and outside the crypto industry. While opinions on the technology may be mixed, companies continue to…
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Binance CoinMarketCap Index Series kicks off by tracking top 10 crypto

Starting in November 2022, Binance’s Top 10 Equal-Weighted Index will be available to investors through Auto-Invest, to track the performance of the top 10 cryptocurrencies. Crypto exchange Binance announced it will launch its first index product, the Top 10 Equal-Weighted Index, to kick off its Binance CoinMarketCap (CMC) Index Series. The Top 10 Equal-Weighted Index will…
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Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says

Alessio Rastani, a cryptocurrency analyst and trader, shares his outlook on crypto, stocks and the forex market for the next weeks. The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long term-one, according to forex trader and crypto analyst Alessio…
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Celsius Network coin report shows a balance gap of $2.85 billion

The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering incorrect details in the court documents. A new bankruptcy coin report filed on Sunday shows that troubled crypto lender Celsius’ actual debt stands at $2.85 billion against their bankruptcy filing claims of a $1.2 billion deficit. The latest report…
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What is a bull trap, and how to identify it?

Newbie crypto traders should be wary of bull traps. If you suspect one is on the way, here are some tips to identify it. How to identify a bull trap Here’s how to spot a bull trap with some tell-tale indicators that one is on the way: RSI divergence A high RSI might be an…
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Analysts say Ethereum price must hold this key level to avoid a capitulation-level move

Traders identify key support and resistance levels that Ethereum must hold as ETH price trades at levels not seen since July 2021. The crypto market experienced another day of pain on May 12 as the fallout from the Terra’s LUNA and UST failure continues to ripple across the ecosystem. While the coverage for UST and…
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Number goes up: A third of Brits have bought crypto, says Coinbase report

A Qualtrics report carried out by Coinbase shows that the number of Brits who have bought crypto is up 4% to 33% since October 2021. Bitcoin (BTC) number go up technology is boosting crypto adoption in the United Kingdom. More and more Brits are buying cryptocurrency, according to a Coinbase research piece carried out by Qualtrics. The…
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Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone. The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk’s purchase of Twitter began to fade and concerns about the state…
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Here is how studying tokens’ price history helps patient traders enjoy consistent average gains.

To those who prefer consistency to lucky guesses, this algorithmic indicator has a lot to offer. Whether you consider cryptocurrency trading as art, science or a game of skill, one thing is beyond dispute: Those who excel at it are not the traders who maintain the longest series of lucky one-offs but those who establish…
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3 times in March that savvy crypto traders bought breaking news for the price of a rumor

In the crypto market, getting the scoop early often means booking front seats for a massive rally. As an old saying goes: Buy the rumor, sell the news. As a digital-native asset class, the prices of cryptocurrencies are clearly susceptible to market-moving news developments that instantly spread on the internet. Staying on top of bullish…
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