The crypto market is currently experiencing a bullish rally after a long-term bear market. Since the updates from Terra’s purchase of BTCs, it is believed that it supported the bull market. Following the purchase and other updates, the Bitcoin’s price action displays the greenish pattern while other altcoins follow the
DCA will smooth out the highs and lows of one’s portfolio. Profiting from the crypto market declines without risking too much money. An argument may be made for and against using a DCA approach; however, the advantages often exceed the disadvantages. For example, the dollar-cost averaging strategy may be used
Terra’s LUNA has been the best performing altcoin for the past few years while the activities of its network have been effective. The co-founder of Terra has actively been posting a couple of updates earlier this month regarding BTC reserves. Following this, Terra purchased about $125 million worth of Bitcoins
More than 80% of customers with financial advisors want to learn more about Bitcoin. There are more than 270,000 confirmed Bitcoin transactions per day. More than 81 million people throughout the globe use Bitcoin, making it the most popular cryptocurrency exchange in the world. In addition, peer-to-peer financial transactions are
Terra is experiencing a bullish rally for the past few days and continues the upward momentum. It has already surpassed the performance of Cardano and Solana while capturing the 7th rank by market capitalization. The value of the native token LUNA has surged from $24 to nearly $100 within the
Analyst Matthew Hyland saw a possible breakthrough for Bitcoin’s RSI. Bitcoin has already closed the week at its highest level since early February. After temporarily reclaiming $43,000 overnight on March 22, bulls observed a new impulse rise in Bitcoin (BTC). On Bitstamp, BTC/USD hit $43,337, its highest level since March
BTC’s price might soar over the $45000 barrier if the bullish trend continues. The currency price has risen by 10% this week. For the last two months, the Bitcoin price has been in flux. An ascending triangle pattern can be seen on the ascending trend line as price movement abides
Glassnode’s analysis looked into the market behavior of buyers and sellers. It is clear from the statistics that short-term accumulation activity is declining. Recent data from Glassnode reveals that purchasers will soon dominate the Bitcoin market. According to the findings, the market may be on the verge of a major
After a long term, the crypto industry is creating an engaging impact across the world. The adoption and popularity of crypto space has increased in the past few years. Since the inception of Bitcoin, the market began to grow gradually but the past few years saw a massive adoption. Apart
Cambridge University starts a new crypto research project and studies. Panthers with the IMF and the BIS for the research project. Goldman Sachs, Visa, Mastercard also play a major role in the project. The crypto industry has become a vivid entity which can never ever be banished off. Crypto ought
