Bitcoin Covers 2022 Losses, Tests Key Technical Level
BTC/USD opens the week with profits and covers the losses from its poor start to the year, heading towards its second straight profitable month
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BTC/USD opens the week with profits and covers the losses from its poor start to the year, heading towards its second straight profitable month
Bitcoin is building momentum on the short-term timeframes.
Bitcoin weekly triangle continues.
Bitcoin spikes as significant short position reportedly covered.
There are tens of thousands of cryptocurrency projects in existence, although most struggle to get enough attention from the non-crypto community. One blockchain project that's trying to make crypto mining as easy as possible, especially for non-crypto veterans, is the Pi Network. Despite being newer to the crypto scene, the Pi Network has attracted a noticeable fanbase since its founding in 2019. However, that hasn't stopped it from attracting its…
Bitcoin moving averages will help determine when a trend is present.
Bitcoin is on the border of a neutral and bullish reading. However, short-term momentum may be enough to push it over.
In this week's " Crypt Minute," we consider bitcoin and ethereum. Both are trading in their respective neutral areas, with ethereum showing slight relative weakness. In addition, we discuss the implication of the EU parliament defeating a motion to ban proof-of-work.
The rise of decentralised finance (DeFi) has changed the way we buy and sell cryptocurrencies. One of the essential ways in which any DeFi protocol operates is by using what's known as an automated market maker (AMM). Although many investors may not be familiar with AMMs, they play an integral role in ensuring liquidity on a decentralised exchange. Let's go over exactly what an AMM is, how it works, and…
Yesterday, the European Parliament's economic and monetary affairs committees defeated a motion to limit the use of the energy intensive proof-of-work.
More people than ever are participating in the world of decentralised finance (DeFi). In contrast to traditional finance, even every day investors can play a big role in developing the blockchain-powered world of DeFi. One way that they can support the DeFi world is by providing liquidity to decentralised exchanges (DEX). Unlike centralised financial institutions like banks, which can create liquidity rather easily, DeFi protocols don't have a convenient third…
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