Tag: trader

Trader gives $44K BTC price target as Bitcoin shrugs off executive order ‘nothingburger’

[ad_1] Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Executive order enters with a whimper Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading Wednesday. The pair had shrugged off the latest round of macro tensions to add over 11% in 24 hours, among the best movers in the broader crypto market. Despite mixed feelings over the real significance of the move among traders…

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Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes – Defi Bitcoin News

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[ad_1] During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi today, gaining 4.65% during the last seven days while Solana’s TVL increased by 5.99% this past week. Defi TVL Increases by 25% in 2 Weeks The total value locked (TVL) in defi has reached an all-time high, tapping $253.94 billion…

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Bitcoin trader eyes US dollar for BTC price breakout cue, Ethereum clings to $2K

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[ad_1] Bitcoin (BTC) stayed below the $33,000 mark on July 9 with a fresh price dip also putting an end to altcoin strength.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price flips $33,000 support Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged below a previous support level into Friday. Earlier in the week, $33,000 saw multiple tests but remained in place as support, this only coming undone on Thursday. $33,000 then became involved in a form of short-term support/resistance flip, with Bitcoin unable to reclaim it and…

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Here are 2 key price indicators every crypto trader should know

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[ad_1] Technical analysis, the study of chart patterns, is a tool that helps traders increase their edge over others. This is done by keeping the trader on the right side of the trend and providing warnings when the trend is about to reverse. There are many indicators and patterns that can accomplish this task but there is no one particular indicator that fits the bill for all market conditions. Therefore, traders prefer to use a combination of indicators, which come in handy both during trending and range-bound markets. However, this…

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3 things every crypto trader should know about derivatives exchanges

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[ad_1] In the past two years futures contracts have become widely popular among cryptocurrency traders and this became more evident as the total open interest on derivatives more than doubled in three months. Additional proof of their popularity came as futures turnover surpassed gold, which is a well-established market with $107 billion in daily volume. However, each exchange has its own orderbook, index calculation, leverage limits and rules for cross and isolated margin. These differences might seem superficial at first, but they can make a huge difference depending a traders’…

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