Bitcoin's Unreliable Death Cross Is Looming Again
The death cross is known to cause catastrophizing among inexperienced investors. But it's an unreliable indicator.
The death cross is known to cause catastrophizing among inexperienced investors. But it's an unreliable indicator.
Indicators like the death cross are inherently lagging and offer limited predictive power.
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals.
COIN lost 7.3% on Monday to close at $189.47 amid a market sell-off in which crypto and global stock markets experienced one of their sharpest losses in recent years.
BTC has dropped over 13% this month, but all is not lost, according to key indicators.
The notice, a first step taken by the authority when it suspects tax evasion, was issued to Binance last week.
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.
Former President Donald Trump cautioned the current administration against divesting the United States' Bitcoin holdings.
Bernstein analysts have stated that Bitcoin's performance in the third quarter will be heavily influenced by macroeconomic conditions and political developments.
A prominent European hedge fund has amassed over $418 million in holdings of spot Bitcoin exchange-traded funds (ETFs).