Monero (XMR) gets a bullish rating from InvestorsObserver Saturday. The coin is up 3.44% to $139.3 while the broader crypto market is down 0.28%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over… Source link

Decrypting DeFi is Decrypt’s DeFi email newsletter. Art: Grant Kempster Some of the largest fortunes in crypto have been made through arbitrage plays. Some of them were lying in plain sight but too difficult to execute; others were hidden. Think of Arthur Hayes or Sam Bankman-Fried. Arbitrage was exactly how they were able to bankroll the launch of their respective exchanges. After that, though, the two founders’ trajectories have taken pretty different turns. The former pleaded… Source link

Bitcoin (BTC) consolidated higher on July 16 after the Wall Street trading week finished with modest gains for United States equities. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Can Bitcoin bulls reclaim the 200-week moving average? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging between $20,500 and $21,000 into the weekend. The pair thus preserved the majority of its comeback from the week’s lows, these following shock U.S. inflation data and… Source link

A small light of progress shines from Andorra, a tiny European country nestled between France and Spain. The country’s government, the General Council of Andorra, recently approved the Digital Assets Act, a regulatory framework for digital currencies and blockchain technology.  The act is split into two parts. The first regards the creation of digital money, or “programmable digital sovereign money,” which can be exchanged in a closed system. In effect, this would allow the Andorran… Source link

BTC was marginally lower to start the weekend, as crypto prices consolidated following recent gains. After surges in price on Friday, both ETH and bitcoin were slightly lower, as bulls appeared to have liquidated positions in order to secure profits. Bitcoin Bitcoin was trading lower to start the weekend, as markets consolidated following Friday’s surge in price. Following a peak of $21,138.24 in yesterday’s session, BTC/USD slipped to an intraday low of $20,518.90 earlier today.

The latest Monero price analysis predicts a bullish trend for the day as buyers’ participation has increased and more buying activity has been taking place in the market. The bullish rally has been continuous for the last four days, and the price overcame $132.7 resistance during this time. As the bullish momentum intensifies, further improvement in XMR/USD market value is expected as bulls are preparing to challenge the $140 resistance next. The buyers must remain persistent to achieve… Source link

A popular analyst is digging into the charts to set price targets for six crypto assets as the markets try to end the week on a bright note. Pseudonymous crypto trader Altcoin Sherpa tells his 180,100 Twitter followers he’s looking at the 200-day exponential moving average (EMA) for Bitcoin (BTC) on four-hour candles to plot out both short-term highs and lows. The crypto strategist also says that while Bitcoin has managed to establish a near-term range, he does not believe… Source link

The bear market is the most misunderstood part of the market cycle. Investors run in fear and panic when they see the value of their portfolios plummet. The bear market undoubtedly teaches harsh lessons; do not over-extend in the markets; don’t play with leverage; always keep a cash position. However, if investors learn these lessons, it will drastically improve their investment career. Given time, investors begin to see the bear market for what it is, the perfect time to accumulate. This… Source link

This is an opinion editorial by Andrea Bianconi, a research assistant at the Idaho Freedom Foundation, which is a public policy think tank. An analysis of the fundamentals, recent geopolitical and macroeconomic events and their impact on Bitcoin’s future. Introduction In the last few months, financial markets have lost over 30% from their highs as the Federal Reserve Board took away the punchbowl from the intoxicated market players by hiking interest rates, and now recession (stagflation)… Source link

Jordan Belfort. Source: a video screenshot, Yahoo UK / YouTube   Jordan Belfort, the former stockbroker better known as ‘The Wolf of Wall Street,’ argued that investors who buy bitcoin (BTC) now will “almost certainly” profit. However, this is not the first time Belfort commented about bitcoin and its future – admitting that he has changed his mind about the coin – and his track record has so far been mixed. Belfort’s recent… Source link