Author: CryptoHoppers
CO is now a very popular name among crypto traders. The Chaikin Oscillator is one of the best indicators used to analyse the strength of a price trend based on trading volume. Though it was originally launched decades ago, this indicator is still widely used in trading, which is enough to explain how much traders love this indicator. Time to delve deeper into understanding this indicator.1. What’s Chaikin Oscillator The Chaikin Oscillator is a powerful tool created by Marc Chaikin. Its main job is to keep an eye on how money is flowing in and out of an asset. It does…
Journalist Posted: November 26, 2023 Bitcoin’s price soared to $38,000 with many USDT holders showing bullish sentiment. Tether continued to showcase support for BTC, further strengthening the relationship between Bitcoin and USDT. Bitcoin [BTC] has been seeing green for quite some time now. Many in the cryptocurrency market were suspicious of this trend. However, BTC continued to push past traders’ expectations. New highs Recently, Bitcoin hit $38.3K, a level not seen since May, 2022. Among the contributors to the BTC run up to $38k were some Tether wallets. Santiment’s data showed that in the past six months, the top 100…
Chainalysis raises $100 million in latest funding round; company’s valuation crosses $2 billion
Crypto and on-chain analysis company Chainalysis announced today that it raised $100 million in a Series D funding round with increased the company’s valuation to more than $2 billion. Crypto investment company Paradigm led the latest funding round along with TIME Ventures, the investment fund of Marc Benioff. Other participants included Addition and Ribbit Capital, the companies that participated in Chainalysis’ earlier Series C and B rounds. According to data from CrunchBase, Chainalysis has so far raised a total of $266.6 million across eight funding rounds. A previous one took place on 23 November last year where the company raised…
Professional crypto traders generally do not use basic crypto trading indicators. They always prefer advanced crypto trading indicators. If you want to graduate from an entry-level crypto trader to the level of a professional cryptocurrency trader, you should try to learn advanced crypto technical indicators. If you are keen to explore the next level of indicators, you should start with William %R. Let’s move to the advanced level! Ready?1. Williams %R: What You Should Know A member of the momentum indicator family, Williams %R is an effective indicator that helps crypto traders to identify potential price corrections, trend reversals and overbought…
I. The Dawn of AI Mastery in Art As we look forward to 2024, the NFT art world is poised to be dominated by the burgeoning trend of AI-generated art. This evolution is more than a mere trend; it’s a paradigm shift, with artificial intelligence becoming an indispensable tool for artists. AI is set to unlock unprecedented levels of creativity and originality, offering collectors new and innovative forms of digital artwork to explore and invest in. II. Immersive Realities: The Next Frontier in Art Interaction The year 2024 is shaping up to be a landmark year for immersive art experiences.…
In a game-changing move, the Investment Association has greenlit British investment managers to dive into the world of tokenized funds, bringing blockchain technology to the forefront of the financial sector. This move signals a big step forward in reshaping how investments work in the UK.Increased accessibility, transparency, and efficiency. What’s not to love?Investments – Now More Accessible!Tokenization, or fractionalization, is a new way of doing things that breaks down assets into smaller tokens, each backed by blockchain technology. The big plus here is that it lets more investors get in on a wider range of assets. By breaking investments into…
If you are looking for an effective way to eliminate lag in moving averages to obtain a more accurate representation of price movements, you should consider trying a new and improved version of the Exponential Moving Average, known as the Zero-Lag Exponential Moving Average. Thus far, it has proven to be the best moving average indicator in terms of its capability to filter out short-term price fluctuations. Let’s delve deeper into this indicator to enhance our cryptocurrency trading success. 1. Zero-Lag Exponential Moving Average: What You Should Know The Zero-Lag Exponential Moving Average (ZLEMA) is a highly effective moving average in technical…
The Higher Court in Podgorica, the capital city of Montenegro, has approved the extradition of Terraform Labs co-founder Do Kwon based on requests from South Korea and the United States.The extradition is sought for charges related to financial crimes in both countries, the court said Friday. Kwon has agreed to be extradited to South Korea, but the Minister of Justice of Montenegro will make a final decision on which country takes precedence for extradition, the court added.If the minister approves, Kwon will be extradited after serving a 4-month prison sentence in Montenegro for document forgery, the court said.Kwon was initially…
Binance Labs & BNB Chain Open New Founder-focused Track to Incubate 100 Early-stage Projects
DUBAI, UAE, November 24th, 2023, Chainwire Binance Labs, in partnership with BNB Chain and CMC Labs, has introduced a new Founder Track to the Most Valuable Builder (MVB) Accelerator Program. MVB, now in its 7th season, is an accelerator program jointly organized by Binance Labs and BNB Chain. The program was launched in 2021 with a focus on supporting builders and growing the BNB Chain ecosystem. This season, the organizers are welcoming CMC Labs to the MVB program as a strategic partner. The MVB program now consists of two tracks. The newly added Founder Track functions as a venture studio…
Price and volume have a strong relationship in crypto trading. Professional crypto traders understand that any price movement not justified by volume may be an unreal movement. For example, if the price of a crypto keeps going up, but its trading volume is low, it may not be a real uptrend. So, whenever a trader sees a trend, if they are a professional, they always check if the price momentum and volume momentum agree with each other. You have already learned about several indicators that focus on price. Therefore, there is no need to introduce another. It is time to…