2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish
The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.”
Related Posts
Coinbase Considering Initial Exchange Offering Platform: Report
United States-based cryptocurrency exchange Coinbase has indicated it is considering the launch of an initial exchange offering (IEO) platform.The news was revealed by Coinbase’s head of institutional sales in Asia, Kayvon Pirestani during a panel at the Invest: Asia conference on Sept. 11, crypto media outlet Coindesk reports.IEO platform could be announced within monthsDuring the…
International Police Collaboration Leads to Arrest of Suspect in $11 Million IOTA Theft
Following international police collaboration, a 36-year-old individual suspected of the theft of over $11 million in IOTA, as well as fraud and money laundering, has been arrested on Jan. 24. Europol published a statement detailing the investigation on the day of the arrest.The suspect was reportedly arrested by United Kingdom’s South East Regional Organised Crime…
XRP price falls 24% in 24 hours as exchanges begin delisting
Several exchanges have already halted XRP trading after the SEC's lawsuit against Ripple was revealed. 4544 Total views 14 Total shares XRP price fell 41% on Binance over the past three days as news of the lawsuit by the United States Securities and Exchange Commission against Ripple became apparent. As a result, several small exchanges have already…
Crypto spam bots go silent while Musk promises to prosecute scammers
Some users in the crypto Twitter space are already reporting a reduction in the number of scam bots after Elon Musk’s latest changes to the social media platform. 1374 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTElon Musk's latest salvo in his war against crypto spam bots…
Samsung to research South Korea’s CBDC for offline payments
The collaboration will have both parties researching the offline capabilities of CBDC issued by South Korea’s central bank. 124 Total views 3 Total shares Tech giant Samsung Electronics has reportedly partnered with the South Korean central bank to conduct research on central bank digital currency (CBDC) for offline payments.On May 15, South Korea’s central bank…
Australian Securities Exchange Delays Planned Switch to Blockchain By Six Months
The Australian Securities Exchange (ASX) has announced that it will delay its transition to use blockchain for equity transactions by six months, the Sydney Morning Herald reports September 4.As Cointelegraph has previously reported, the ASX has been working to implement blockchain as of December 2017 to replace its current system for processing equity transactions.According to…
Genesis Partners With Blockchain Security Firm to Provide Direct Custody Operations
Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16.Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services by…
Bitcoin Price Keeps Rejecting $12K — Here’s What Can Happen to BTC
The price of Bitcoin (BTC) rejected the $12,000 resistance level for the second time in the past 10 days. Traders are generally optimistic about the short-term trend of BTC, following its extended consolidation below a critical resistance level.When an asset stays relatively stable near a major resistance area, it typically suggests a bullish continuation is…