Why is Ravencoin not added?? …. Ravencoin is far better of a project! https://www.msn.com/en-us/news/technology/coinbase-pro-has-added-shiba-inu-coin-to-its-platform/ar-AAOh0nD submitted by /u/Competitive_Society2 [link] [comments]
Yes, you've heard it right. Wait for the bear market to come where the prices for coins are low. Buy/DCA as much as you can, go all-in (but have emergency money left juts in case). It sounds difficult, but live a humble, but healthy life for at least 5 years. In this 5 years, DCA…
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Was looking at the explorer and noticed that each payout is included with many others. Am I able to export all the transactions or even better filter out mine easily? OR am I going to have to sift through each one and manually copy/paste? submitted by /u/Frydey [link] [comments]
An exchange listing and a foray into NFTs and play-to-earn gaming back GALA’s 270% rally to a new high.
The CEO of Tesla, Elon Musk shared a picture of a Shiba Inu pup and said “Floki has arrived” to his 59.8 million Twitter followers. Of course, the tweet affected the price of a few specific meme-based crypto assets that leverage the “Floki” name. Shiba Floki Token Soars After Elon Tweets an Image of His […]
Jet Protocol, a borrowing and lending protocol built on Solana, today announced the launch of its alpha product on the Solana devnet introducing the ecosystem to its improved cross-margining borrowing and lending experience. Users of Jet will be able to borrow against or earn a yield on their crypto-assets. Founders of Jet Protocol, Wil Barnes,…
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On-chain data shows Bitcoin exchange reserves have hit the lowest value in 3 years, here’s what it might mean for BTC’s price. Bitcoin Exchange Reserves Lowest In 3 Years As Negative Netflows Continue As pointed out by a CryptoQuant post, exchange reserves have been continuing their downtrend, and have now reached lows not seen since 3 years ago. The all exchanges reserve is an indicator that shows the total amount of Bitcoin held in wallets of all centralized exchanges. An increase in the metric’s value suggests more investors are depositing their coins for withdrawing to fiat or altcoin purchasing. On the other hand, a decrease means more buyers are moving their BTC to personal wallets for hodling or OTC deals. Here is the latest chart for the Bitcoin all exchanges reserve: The BTC all exchanges reserve plunges down As the above graph shows, the value of the indicator has sharply gone down recently. The current level of the metric is the lowest it has been in the last three years. As already mentioned before, a downtrend like this one means investors are withdrawing their coins from exchanges possibly to hodl or sell through OTC deals. Related Reading | Indicators Show Bitcoin Might Be Gearing Up For One Last Push Up Such values are typically bullish in the long-term as they may mean that there are more long-term holders in the market who are hodling out of exchanges. There is another relevant indicator here, called the Bitcoin netflow, which shows the net amount of BTC entering or exiting exchanges. A positive spike in the chart for the exchange netflows means exchanges are observing more inflows compared to the outflows. A negative value implies just the opposite. Big spikes or a prolonged period of smaller spikes in one direction can affect the value of the exchange reserves. Naturally, positive values can increase the reserve while negative ones can decrease it. Related Reading | Ukraine Adopts New Law To Legalize Bitcoin And Other Cryptocurrencies The below chart shows the current trend for the exchange netflows: The BTC netflows show big negative spikes As expected, the netflows have been negative recently, leading to the low values of the Bitcoin exchange reserves. What Could It Mean for BTC’s Price? As mentioned earlier, a downtrend in the exchange reserves can be bullish for the price in the long-term as it may imply a greater amount of long-term holdings. This has also been usually true historically, but there can be certain exceptions. However, looking at the current Bitcoin price movement, it looks like selling has been going on. But as the exchange reserves haven’t shot up (unlike the crash from the May ATH), sales are being done likely through OTC deals. Now, depending on if most of the outflows are being done to sell through OTC deals, a bearish picture can be there instead. BTC’s price continues to decline | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant
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