5 indicators traders can use to know when a crypto bear market is ending
Calling a market bottom is impossible, but traders can use these five indicators to get an early signal of when a bear market is close to ending.
Calling a market bottom is impossible, but traders can use these five indicators to get an early signal of when a bear market is close to ending.
submitted by /u/DaKlipster2 [link] [comments]
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto firm Finblox is feeling the effects of 3AC’s troubles, and a few digital currency companies have liquidated the hedge fund’s leveraged positions. […]
It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off almost a fifth of its staff.
DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market.
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.
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Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin, which established broad new requirements for trading platforms.
So there's all this talk about the merge, layer 2, etc. Seems to me using layer 2 is too difficult/inefficient for most common people given the need to bridge, etc. At what phase in the Ethereum upgrades will the base fees actually lower? submitted by /u/mybed54 [link] [comments]
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