This Bitcoin Metric Suggests Selling Pressure May Be Reaching Exhaustion
[ad_1] On-chain data shows the Bitcoin binary CDD has been going down recently, a sign that selling pressure may be getting exhausted in the market. Bitcoin 21-Day MA Binary CDD Has Been Observing Downtrend Recently As pointed out by an analyst in a CryptoQuant post, there was some heavy...
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Bitcoin Miners Feel The Heat, More Selling Pressure Imminent?
[ad_1] Bitcoin is still stuck in a tight range as market sentiment declines from optimistic to bearish and market participants brace for a possible impact. The cryptocurrency was thriving on the possibility of a positive change in the macroeconomic landscape. Did bulls rush into a trap? As of this...
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Bitcoin Falls Under High Selling Pressure, What Will Shoot Its Price?
[ad_1] Bitcoin and other major altcoins have displayed a correlation between macroeconomic factors and virtual currencies. After the August CPI data release, almost all the crypto assets started dropping. The report data showed a higher inflation rate, increasing fear and crashing the prices of cryptocurrencies. The FOMC meeting was...
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Selling physical items as NFTs, explained
[ad_1] Typically, disputes will end up going through the courts — but this can have mixed success. It’s easy to forget that NFTs remain a nascent technology, and this means that legal systems still lack understanding about how they work. This may mean that the nuance surrounding digital assets...
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Chinese banks explore e-yuan for selling investment funds and insurance
[ad_1] Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and investment funds online. The South China Morning Post reportedĀ on Tuesday that leading Chinese banks such as Bank of Communications (Bocom) and China Construction...
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