Bitcoin fell below a prior cycle’s all-time high for the first time ever today, breaching the $19,776 level.The peer-to-peer currency had been struggling to maintain the $20,000 level over the past week as liquidation and…
Yield Curves, Inversion, The Eurodollar And Bitcoin
What is the yield curve?What does it mean when it’s inverted?What is yield curve control (YCC)?And how does the eurodollar fit into all this?Inspirational Tweet:Link to tweet thread.As Lyn Alden explains in this thread: “…the…
Bitcoin Bearish Signal: Whales Ramp Up Dumping
On-chain data shows the Bitcoin exchange whale ratio has started to sharply rise, a sign that these humongous holders may be beginning to dump. Whales Are Behind Almost 90% Of Bitcoin Exchange Inflows Right Now…
An Overview Of The Stablecoin Market
In this excerpt from Bitcoin Magazine Pro, we will take a more in-depth look at the redemption mechanism of USDT, and cover why the concerns about the stablecoin and the apparent risks it presents to…
LUNA Aftermath: Total Crypto Market More Oversold Than…
Panic struck the crypto market last week when Bitcoin broke below support, stablecoins unpegged from the dollar, and LUNA dropped to zero. The bloody aftermath has left cryptocurrencies as a whole more oversold than the…
TerraLabs Sold Over 80,000 BTC To Rescue Its…
The crypto market has experienced many bloodbaths in the past. But last week’s crash had more catastrophic effects on the market than recent bearish trends, mainly on the stablecoins. UST, a stablecoin issued by Terraform…
Decentralized Exchanges (DEX) Explained
Similar to foreign exchange markets, where currencies are traded continuously, cryptocurrencies need their own markets for users to buy, sell and trade cryptocurrencies. However, as decentralization is a key aspect of cryptocurrency trading there was…
New Data Shows China Still Controls 21% Of…
China is back with a vengeance. The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from September 2021 to January 2022” for their latest study. The headline is that, ban or…
TA: Bitcoin Eyes Fresh Increase But This Level…
Bitcoin is stable above the $29,600 support against the US Dollar. BTC must clear the $31,350 resistance to start a decent increase. Bitcoin is struggling to gain momentum above $30,500 and $30,600. The price is…