Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of ...
Alex Dovbnya
Glassnode's Yann Allemann has pointed to a narrowing in Bitcoin's Bollinger Bands Width (BBW) down to 0.20, hinting at potential dramatic price shifts
Yann Allemann, co-founder of Glassnode, has cautioned Bitcoin investors and traders about the notable movement of the Bollinger Bands Width (BBW) for Bitcoin. The BBW has shrunk to a mere 0.20, a historical precursor to significant price fluctuations in Bitcoin.The power of Bolli...
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Several futures-based Ethereum exchange-traded funds (ETFs) have timidly stepped into the limelight in the U.S. The investment firms ProShares, VanEck, Bitwise, Valkyrie, Kelly, and VolShares each debuted their offerings on the Chicago Board Options Exchange (CBOE) this Monday.Did anyone care? The market's reaction to these debutants was anything but triumphant. Analysts and observers were quick to note the "shockingly low" volumes, leading ...
Alex Dovbnya
The digital currency touched $36,024 on the Binance exchange today, a high not seen since May 2022
Bitcoin recorded a peak of $36,024 on the Binance exchange earlier today. This mark stands as the cryptocurrency's highest value since May 2022. At present, the coin is marginally below its peak, trading just above $35,000, according to Binance data.A healthy rally? Industry observers are keenly monitoring Bitcoin's current rally,...
The cryptocurrency market witnessed a significant downturn, with Bitcoin (BTC) leading the plunge. According to recent data from CoinGecko, Bitcoin's price dropped to $35,362.52, marking a decline of 4.1% within 24 hours. The market capitalization of Bitcoin now stands at approximately $691 billion, with a 24-hour trading volume of over $24 billion. This sudden dip in value has led to a substantial wipeout of open interest in Bitcoin futures, ...
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of ...
In its recent Q3 review, Grayscale has shed light on the composition of its various funds. Notably, the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPXE) now has Solana (SOL) in the lead. Solana overtakes Cardano Historically, Cardano (ADA) held the dominant position in the GSCPxE Fund with a weighting of 25.89% at the end of Q2 2023. However, by the end of Q3 2023, Solana (SOL) has made a notable leap to become the top holding w...
Arman Shirinyan
Federal Reserve chair comments and statements very significant for cryptocurrency market
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contact...
Alex Dovbnya
XRP showcases bullish ascending triangle pattern, hinting at potential $0.69 target
Ripple-affiliated cryptocurrency XRP appears to be forming a significant bullish chart pattern, suggesting a potential rise to $0.69.Analysts and traders are closely watching this development as the ascending triangle observed on the XRP/USD price chart could signal renewed buying interest and momentum.Targeting $0.69 level The XRP/USD daily pri...
