Shiba Inu fetches a new ATH — 3 reasons why SHIB keeps jumping higher
SHIB keeps hitting new all-time highs, but what’s really behind the altcoin’s moon mission?
SHIB keeps hitting new all-time highs, but what’s really behind the altcoin’s moon mission?
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The American video game, consumer electronics, and gaming merchandise retailer, Gamestop, is seeking a non-fungible token (NFT)-focused senior software engineer, according to a new job listing. Similar to the recent job listing stemming from the social media services company Reddit, the retail giant Gamestop seems to be building an NFT marketplace. Gamestop Looks to Hire […]
I know it has to do with the amount of miners that are trying to get the reward but does that mean that miners keep switching between rvn and whatever coin they want ? It seems impossible that my projected earnings moves from 98 to 130 a day on the same day. submitted by…
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Tim Beiko and I are running the a Merge community call in about 1 week. → Fri. Nov 5, 14:00 UTC (agenda) If you work on any of the groups in the title, please DM me on twitter / telegram @ trent_vanepps for an invite. If you ask for an invite and are not part…
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Data shows greed in the crypto market has spiked to seven-month highs as coins record new all-time highs (ATHs). Crypto Fear And Greed Index Points At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index has recorded seven-month highs as the needle points at extreme greed. The “fear and greed index” is an indicator that represents the general sentiment of the crypto market on a numeric scale that goes from 0 to 100. When the metric has values below 50, it means there is, on average, fear among investors. Values lower than 25 denote extreme fear. Such a sentiment is usually seen after big corrections, and periods of extreme fear may prove to be good buying opportunities. While the needle pointing above 50 means the crypto market is starting to get greedy. Extreme greed occurs when values exceed 75. Very high values near 100 may mean there will be a correction soon so investors may not buy more at this point. Here is a meter that shows what the current market sentiment is: The fear and greed index seems to be pointing at extreme greed at the moment | Source: The Arcane Research Weekly Update – Week 42 As the above meter shows, the crypto market looks to be extremely greedy right now as the value of the indicator stands at 76. Related Reading | Bitcoin Funding Rates Touch Same Level As Early September, More Correction To Come? Comparison with last week’s and last month’s values is also given below the meter, which were 75 (extreme greed) and 27 (fear), respectively. The below chart gives a better idea about how the current fear and greed index values compare with those of the past: The values of the indicator over the last one year | Source: The Arcane Research Weekly Update – Week 42 On examining the above graph, it becomes apparent that the fear and greed index reached values of 84 this week, the highest in the last seven months. Related Reading | Breaking Down The Bitcoin Binance Flash Crash By The Second This peak was made just a day after Bitcoin made its new ATH of around $67k, but shortly following that the price had a correction. The below chart shows this trend in BTC’s price: BTC’s price continues to go down after making a new ATH | Source: BTCUSD on TradingView The fear and greed index also took a hit in response to this decline in Bitcoin’s price, but nonetheless, values still remain in the extreme greed category, which means the crypto market still expects prices to go higher. During the rally earlier in the year, values consistently remained in the extreme greed category, and corrections only caused temporary declines in the indicator. This means that if the market has to continue making newer ATHs, the market sentiment should remain greedy, otherwise the bull run might start losing steam Featured image from iStock.com, charts from TradingView.com, Arcane Research
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I keep seeing Shiba Inu rising 20% 40% 35% and it just won't stop…. It frustrates me that good projects can never experience this or it is a 1/1000 that it happens. Shiba Inu is a coin with 1 goal,´dead dogecoin´ that is NOT even useful. And yet people are selling their assets to buy…
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