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0 CommentsAccording to a Chainalysis report, Central, Northern, and Western Europe (CNWE) have become the world’s biggest crypto economy. Over the last year, the region has received over $1 trillion worth of cryptocurrency, reaching 25% of all global activity. The tremendous growth that started in July 2020 pushed Europe from second to first place since last…
444 ViewsThe world’s most prominent digital currency may experience sharp volatility over the next few months, according to a proprietary model created by technical analyst Jack F. Cahn, writes Charles Bovaird on Forbes. Technical Event Model (TEM), which he developed in-house and measures extremes in sentiment, is a price-based macro filter that helps algorithmic trading programs…
400 ViewsTrading volumes at the major crypto exchanges fell by 42.3% in June after the price of Bitcoin hit a monthly low of $28,908. Despite the dramatic drop, the trading volume is still much higher than a year ago. Cryptocurrencies are suffering a two-month correction period following a series of negative news. By the crypto market…
693 ViewsBitcoin falls again on Tuesday. The largest cryptocurrency continued to slip down all day among a massive selling out of digital currencies as investors were concerned about shifting U.S. monetary policy, continued tightening of crypto regulation in China, and doubts of the security of the cryptocurrency after the FBI had recovered most of the ransom…
