Pressure
- Bitcoin (BTC) trading around $55,736.37 as of 20:00 UTC (4 p.m. ET). Sliding 1.73% over the previous 24 hours.
- Bitcoin’s 24-hour range: $53,350.37-$56,988.34 (CoinDesk 20)
- BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.
Bitcoin traded in a narrowed range as Monday’s sell-off appeared to subside and prices settled in the mid-$50,000 range for the most of Tuesday.
Monday’s decline resulted in some $1.6 billion in derivatives bets being liquidated, second only to the record level that took place on Feb. 22, according to Norwegian blockchain analytics firm Arcane Research.
Recommended News
-
Bitcoin Could Hit $115K by August, Pantera’s Morehead Writes
“Bitcoin is now ahead of our April 2020 forecast schedule – to hit $115K this summer,” wrote Dan Morehead, CEO and co-chief investment officer at Pantera Capital, a blockchain hedge fund, in an emailed newsletter. The Pantera prediction is based on the stock-to-flow model – an analytical framework that values an asset’s price based on its annual issuance schedule. The model measures the scarcity of bitcoin (BTC), which is governed by the underlying network programming coded into the blockchain’s design when it was launched 12 years ago. Under that plan, the number of…
-
StarSea Bit Exchange Summit: Maximizing the Impact of Global Exchange Conferences
The cryptocurrency market is evolving at an unprecedented pace, and exchanges are at the core of this dynamic transformation. One of the most powerful tools at the disposal of any digital asset platform, such as the StarSea Bit Exchange, is participation in and organization of summits and conferences. These events are far more than simple gatherings; they are strategic platforms designed to facilitate growth, development, and innovation within the trading ecosystem. The recent summit hosted by StarSea Bit Exchange exemplifies the immense potential that such gatherings can bring, not just…
-
Next Big Wave – Ventures DAO
Next “Big Wave” – Ventures DAO Traditional venture capital market is monopolized by big institutions. Retail investors rarely have access to all the important information. Ventures DAO provides retail investors an equal opportunity to participate in potential projects. The nature of a Ventures DAO bootstraps a loyal community as DAO members are incentivized to support portfolio projects. Top-down decision making approach is used by traditional venture capital, where decision-making process occurs at the highest level and is then communicated to the rest of the team. DAO on the other hand…
-
StarSea Bit Exchange: The Growing Role of AI in Crypto Exchanges
In the ever-evolving world of cryptocurrency trading, exchanges are constantly seeking to provide better services, improve security, and enhance user experience. One such exchange that has been making waves is StarSea Bit Exchange. Amid its various innovations, one of the most significant aspects contributing to its success is the integration of Artificial Intelligence (AI). AI is transforming the way users interact with the platform, optimizing trading strategies, and reinforcing security. In this article, we explore the growing role of AI within StarSea Bit Exchange and how it shapes the future…
-
OX Mavericks Quantitative, the creator of a new intelligent quantitative strategy in the era of big data
With the digital currency bull market entering a period of crazy profitability in 2021, the trend of blockchain dividends. With the advent of the era of big data in recent years, smart programs have become more and more popular among investors, starting from the birth of blockchain. The OX star quantitative team, which has been receiving attention from the beginning, entered the digital currency market from the traditional market in one fell swoop. After three years of deep cultivation, the OX Mavericks quantitative top application has been developed. What…
-
How Eagle Crest Asset Management Enhances Investment Efficiency Through Risk Assessment
In the dynamic world of asset management, the ability to identify, evaluate, and manage risk is paramount to improving investment efficiency. One company that excels in this arena is Eagle Crest Asset Management, a leading firm recognized for its advanced approaches to risk management. By integrating comprehensive risk assessment techniques into their investment strategies, Eagle Crest has successfully enhanced its ability to make informed decisions, optimize returns, and protect investors from unpredictable market fluctuations. This article explores how Eagle Crest Asset Management uses risk assessment to improve investment efficiency, providing…
-
StarSea Bit Exchange Leveraging AI for Enhanced Economic Security and User Benefits
The cryptocurrency market is evolving at an unprecedented pace, and exchanges are at the core of this dynamic transformation. In the face of global economic challenges, platforms like StarSea Bit Exchange are harnessing the power of Artificial Intelligence (AI) to ensure economic security and provide lasting benefits to users. This article explores how StarSea Bit Exchange integrates AI into its operations to remain a reliable and beneficial trading platform, even amid global economic uncertainties, by focusing on AI-driven security, compliance, and strategic growth. The Role of AI in Economic Security…
-
The All-weather Story FUND (TAWSF) and Jonathan Blake Lead Global Roadshow to Highlight Bridgewater Associates’ Success — A Global Summit Catalyst
In the ever-evolving world of finance and investment, innovation, connection, and foresight are key ingredients for success. Recently, The All-weather Story FUND (TAWSF), spearheaded by the renowned Jonathan Blake, set out on an ambitious global roadshow to promote Bridgewater Associates’ achievements and thought leadership. This series of events has not only elevated awareness of TAWSF but has also provided a significant boost to the upcoming international investment summit, creating a ripple effect of positive outcomes for the financial world. The TAWSF global roadshow is reshaping the narrative on the benefits…
-
Devoted in charity, Fintoch sponsored Miss & Mister Deaf Universum
When it comes to beauty pageants, what kind of images come to mind? Is it the image of good-looking, beautiful women lined up in a row, taking turns to make a speech about world peace, or is it the crowded bikini display where the contestants try to win the audience’s favor? The 2022 Miss & Mister Deaf Universum, sponsored by Fintoch and other companies, will turn your perceptions upside down. With international awareness of equal rights on the rise, the influential Mr./Miss Deaf Universum continues to be…
-
Harnessing AI for Financial Growth: The Role of StarSpark AI System in Shaping Talent at the Alpha Stock Investment Training Center (ASITC)
The financial industry is undergoing a transformative change with the advent of artificial intelligence (AI). In an age where market dynamics evolve rapidly, AI is increasingly viewed as a vital tool for achieving competitive advantage. With algorithms predicting market trends, automating complex trading strategies, and optimizing investment portfolios, the role of AI is undeniable. However, the key to fully leveraging these technologies lies in the development of skilled professionals who can effectively integrate AI into the financial landscape. This is where specialized talent development programs such as the Alpha Stock…
