On both sides of the conflict in Ukraine, people are taking refuge in cryptocurrencies as an alternative to the struggling banking system.
Author: Editorial Office CVJ.CH
A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko.
Bitcoin USD daily basis Bitcoin USD chart analysis – 45’000 resistance zone marks preliminary end of the countermovement In the reporting week, it would become clear at what level a bottom formation will emerge after the rejection at the 45,000 resistance. In fact, the market started the new week with continued price losses, as seen in the last 5 trading days. Thus, Monday saw a daily close at USD 37,046, already 17% lower than the midpoint of the previous week, where the bitcoin price tested the USD 45,000 resistance zone for the second time. It was followed by a first…
What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review.
A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko.
Bitcoin USD daily basis Bitcoin USD Chart Analysis – 45,000 Resistance Zone Temporary End of the Counter-Movement During the reporting week, the market showed that the previous strong upward movement since the lows in the 34’000 USD area was not sustainable. After reaching the preliminary high of the current countermovement at USD 45,833 in the previous week, Bitcoin continued its weekend consolidation in the area above USD 42,000 on Monday. The price was expected to hold at this level to increase the possibilities for a continuation of the recent positive trend. In fact, on Tuesday, there was a gain of…
What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review.
An introduction to the leading decentralized stablecoin TerraUSD (UST), including its stabilization mechanisms, adoption history, and risks.
JPMorgan enters the metaverse as the largest U.S. bank with the opening of its Oynx Lounge in the crypto world Decentraland.
A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko.
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Defending the 40,000 Support Area During the reporting week, it was important to find out if the market was serious about breaking through the resistance above the 40,000 zone in the previous week. After consolidating in the $42,000 area over the weekend, another rally occurred on Monday, which allowed Bitcoin to end the day at $43,892. Tuesday also saw another strong price gain at 45,496 USD, but at the close of trading, the price weakened and only led to a slightly higher close than the previous day at 44,128 USD. The…
What has been happening around Blockchain Technology and Cryptocurrencies this week? The most relevant local and international developments as well as appealing background reports in a pointed and compact weekly review.
Several crypto companies are preparing for this year’s Super Bowl with diverse commercials and NFT promotions.
The Swiss ETP issuer 21Shares announces the launch of two new crypto-ETPs based on Dcentraland and FTX Token on the BX Swiss exchange.
BlackRock, the world’s largest asset manager with $10 trillion in assets, plans to launch a crypto trading offering for its clients.
Crime and NFTs: Chainalysis discovers significant wash trading and low money laundering activity in the emerging asset class.