Author: dfrancis36

[ad_1] IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24 IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24 IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24 IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24 IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24 IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24 For most brokers, IBs and trading educators are invaluable partners, driving highly targeted traffic from key regions. However, without proper management, these relationships can quickly turn sour. In this session, gain an insider’s…

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[ad_1] Este artículo también está disponible en español. Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $58,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb again if it stays above the $57,500 support zone. Bitcoin Price Turns Red Bitcoin price struggled to…

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[ad_1] On-chain data shows the Bitcoin addresses depositing to exchanges have continued their decline recently, a sign that could be bullish for the price. Bitcoin Exchange Depositing Addresses Now At Lowest Since 2016 As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Exchange Depositing Addresses metric has plunged recently. The “Exchange Depositing Addresses” refers to an indicator that keeps track of the total number of unique addresses making inflow transactions to exchanges. When the value of this metric is high, it means many users are making transactions to wallets associated with centralized exchanges. As one of the…

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[ad_1] Este artículo también está disponible en español. Today’s Ethereum-Bitcoin (ETH/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the key indicators to gauge the resiliency of the altcoin market is the ETH/BTC ratio. The ratio essentially tracks the relative price strength of Ethereum against Bitcoin and is widely considered a metric that could indicate the future potential price action of altcoins. As of September 16, 2024, the ETH/BTC ratio sits at 0.039, a…

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[ad_1] As the broader crypto market faces significant price corrections, primarily driven by Bitcoin’s (BTC) nearly 5% drop on Monday, one token has emerged as a standout performer.  Black Agnus and its native token, FTW, have captured attention with an extraordinary surge of 507% in just 24 hours, alongside a significant 183% increase in the past hour alone. FTW Climbs To 75th Place Among All Cryptos FTW’s rise has propelled it to the 75th position among the largest cryptocurrencies, a significant achievement for a relatively new entrant in the market.  The token’s ascent can be traced back to its listing…

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[ad_1] Solana declined and tested the $128 support zone. SOL price is consolidating losses and might aim for a fresh increase above the $132 resistance. SOL price started a consolidation phase from the $128 zone against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $132 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $132 resistance zone. Solana Price Holds Support Solana price started a fresh decline from…

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[ad_1] Data shows the Bitcoin Mining Hashrate has plunged almost 10% since the recent all-time high (ATH). Here’s what could be behind this trend. Bitcoin Mining Hashrate Has Seen A Steep Drop Recently The “Mining Hashrate” is an indicator that keeps track of the total amount of computing power that the miners as a whole have connected to the Bitcoin network. The metric is measured in terms of hashes per second (H/s) or, more practically, in terahashes per second (TH/s). As BTC runs on a consensus mechanism based on the Proof-of-Work (PoW), miners naturally connect this computing power in order…

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[ad_1] Este artículo también está disponible en español. Data shows that the sentiment of the Bitcoin market has switched to fear after the retrace. BTC has seen a $58,000 level during the past day. Bitcoin Fear & Greed Index Is Pointing At ‘Fear’ Now The “Fear & Greed Index” is an indicator created by Alternative that tells us about the general sentiment among the investors in the Bitcoin and the wider cryptocurrency market. Related Reading Market sentiment can be helpful to follow as it can reflect the cryptocurrency’s price. It sometimes plays a role in the asset’s trajectory, which may…

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[ad_1] Bitcoin is stable when writing, falling below $60,000 after the encouraging expansion in the second half of last week. The path of least resistance in the short-term is northward since, despite weakness, prices are inside the bullish engulfing bar of September 13. Is The Bitcoin Bottom In? As prices retrace, on-chain data points to strength and the possibility of the world’s most valuable coin printing out a bottom. Taking to X, one analyst, citing on-chain data from CryptoQuant, notes that the Mayer Multiple, a tool used for gauging market sentiment, is falling. Specifically, the analyst observes that the Mayer…

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[ad_1] XRP price found support near the $0.5600 zone. The price is again rising and might aim for a break above the $0.60 resistance zone. XRP price remained supported near the $0.560 zone. The price is now trading above $0.5750 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.5750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.590 and $0.600 resistance levels. XRP Price Regains Strength XRP price started a fresh decline from the $0.5985…

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