[ad_1] Derivatives are often criticized for creating artifical demand and supply via leverage, injecting volatility into the market and are considered a proxy for speculative activity often observed at major market tops. As such, the decline in derivatives’ share of the total market activity might be a good news for crypto bulls anticipating a continued … Read more
[ad_1] Cardano (ADA) is moving lower below the $0.620 resistance zone. ADA could gain bearish momentum and decline toward the $0.50 support. ADA price is slowly moving lower from the $0.670 zone. The price is trading below $0.620 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with … Read more
[ad_1] Ethereum price is struggling to recover above the $3,440 resistance zone. ETH is moving lower and might decline further if it clears the $3,250 support. Ethereum is struggling to climb above the $3,370 and $3,440 levels. The price is trading below $3,380 and the 100-hourly Simple Moving Average. There was a break below a … Read more
[ad_1] MEV is often called an “invisible tax” on users, since certain methods for extracting it, like sandwich attacks and frontrunning, can eat directly into end-user profits. While MEV is a controversial topic even within the industry, some industry advocates argue that MEV plays a positive role in general since it can help to improve … Read more
[ad_1] Bitcoin price is attempting a recovery wave above the $66,500 resistance. BTC must clear the $70,000 resistance to continue higher in the near term. Bitcoin is facing many hurdles near the $69,500 and $70,000 levels. The price is trading above $67,000 and the 100 hourly Simple moving average. There was a break above a … Read more
[ad_1] The Bitcoin Network Value to Transactions (NVT) Golden Cross indicator attained overheated values coinciding with the recent local top in the price. Bitcoin NVT Golden Cross Surged To 3.17 During Recent Peak An analyst in a CryptoQuant Quicktake post explained that the NVT Golden Cross may have served as an indicator of the recent … Read more