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Fidelity Backs Ethereum: Wall Street’s Biggest Players Bet On Crypto’s Number 2

Fidelity, a leading financial services provider, has recently released a report on Ethereum (ETH) that sheds light on some key metrics to watch for the cryptocurrency in the coming months.   The report highlights several important indicators, including the 50-day and 200-day moving averages (MA), the realized price, the Net Unrealized Profit/Loss (NUPL) ratio, Market Value to Realized Value (MVRV) Z-Score, percent in profit, and the Pi Cycle indicators, all of which can provide valuable insights into market sentiment and potential price movements. дальше »

2023-7-25 05:00


Binance France records €4 million loss in 2022, optimistic for profit in 2023

Binance France first audited financial records covering 14 months between when the company was created in November 2021 to December 2022 showed that the exchange recorded a loss of €4 million. Throughout the period, Binance France incurred total expenses of €14 million to cater for its staff payroll, marketing, administrative costs, taxes, and professional fees. дальше »

2023-7-22 02:47


Bitcoin realized prices by cohort indicate DCA strategies in progress

Quick Take Bitcoin’s consolidation at the $30,000 mark does not put many investor cohorts in a loss situation, as the dollar-cost averaging (DCA) strategy continues to be implemented. Dollar-cost averaging is the concept of purchasing an asset on a regular basis without prejudice to the market value at the time of the trade. дальше »

2023-7-18 13:42


Cardano (ADA) Price Struggles: Over 90% of Addresses in Losing Positions, Transaction Volume Slumps

Around 90% of Cardano addresses are currently in a loss, transaction volume is falling and the number of active addresses has decreased by half, according to data from IntoTheBlock. The post Cardano (ADA) Price Struggles: Over 90% of Addresses in Losing Positions, Transaction Volume Slumps appeared first on BeInCrypto. дальше »

2023-7-2 18:00


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XRP Traders Show Capitulation, Why This Could Be Bullish

On-chain data shows that XRP traders have been selling at a loss recently, unlike investors of the other top assets. Here’s why this can be bullish for the coin. XRP Loss Transactions Have Outweighed Profit Ones Recently According to data from the on-chain analytics firm Santiment, XRP has differed from the rest of the top cryptocurrencies in terms of the loss-taking behavior of the investors. дальше »

2023-6-27 14:00