Source: Santiment
This swift change in funding rates indicated a turn of sentiment from greed to fear. Thus, signaling a potential sign of a bottom. Ergo, capitalising on this “bearish” mindset, the bet against the market tide made sense for traders. Santiment further, the CEO of on-chain analytics resource CryptoQuant, also showed how historically, a low funding rate “could be a buy signal.” Consider his tweet from the last year- narrating the same outcome.It seems not a good idea to wait for a correction when institutions buying
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum: What could be the impact of Merge on ETH tradingEthereum has occupied the center stage of the crypto market since Merge talks came to the fore. After years of speculation, users will finally get a chance to witness Ethereum’s transition to Proof-of-Stake (PoS) consensus mechanism. And, the benefits that come along with it. Interestingly, the Merge is expected to have a profound effect on […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Bitcoin [BTC] traders must sit tight without expecting short-term gains because…The price movement of Bitcoin [BTC] has not been to the delight of its investors lately. Since a $25,000 hit on 15 August that sent investors into jubilation, BTC has now only yielded to the reds. While it consolidated around $24,000 up until 17 August, the last two days have been worse as the BTC […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Ethereum: Despite the Merge round-the-corner, ETH falls flat on these metricsSince the massive plunge in June, Ethereum [ETH], the largest altcoin in the world, gained a steady northbound movement. Over the last two months, ETH has consistently registered higher lows, suggesting bullishness as the date of the much awaited Ethereum Merge comes closer. However, in a recent turn of events, several cryptos, including Bitcoin [BTC] […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Ronin Bridge Hack: $625M in stolen crypto-funds now on Bitcoin networkAccording to the latest report by blockchain developer and researcher BliteZero, Ronin hackers have transferred the stolen assets from the Ethereum network to the Bitcoin network. Following the Ronin bridge incident in March, the hackers moved $625 million worth of USDC and ETH to the Ethereum-based crypto-mixer Tornado Cash. This made it challenging for law […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Ethereum Merge - biggest event in crypto since the first Bitcoin? ETH Price to reach new highs?This is part 2 of a three-part interview. Part 1 is here: https://youtu.be/1-wFHKzihjEStay tuned for part 3. Ran Neuner, host of Crypto Banter, and Steven Si...
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
ETH All-Core Developer meeting calms sell-off fears as Merge news shows confidenceThe Ethereum [ETH] All-Core Developer meeting concluded late on 18 August as they prepare for the upcoming Merge. Several important matters were discussed including the consequences of sanctions imposed on Tornado Cash. The developers also discussed problems that have shown up since the testnet merge for the Ethereum PoS transition. Reporter Christine Kim and Ethereum […]
Source: CryptoAmb - 🏆 22. / 68 Read more »