That said, the technical indicator’s past record as a predictor of bear markets is mixed. According to research by Kraken, many of bitcoin’s previous death crosses, including those seen in 2014 and 2018, coincided with “either a sell-off in the days that followed or a continued macro downtrend that confirmed a bear market.” Source link … [Read more...] about Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year
Cross
After Ripple snub, Moneygram teams up with Stellar for cross border pilot program
Earlier this month, a partnership deal emerged, in which Stellar holders would be able to access Moneygram locations to exchange USDC for cash, and vice versa, in person. Moneygram has over 350,000 locations in 200 countries.Stellar’s Chief Executive Officer Denelle Dixon said this was huge for Stellar as it effectively bridges the blockchain and physical worlds.“This is huge … [Read more...] about After Ripple snub, Moneygram teams up with Stellar for cross border pilot program
Why crypto strategists predict Ethereum to cross the $5000 mark before 2022
A new survey by Finder.com found several financial strategists peg a price target of $5,000 for Ethereum, more than 100% of its current value.According to the forecast, fintech panelists have opined that the prices of Ethereum will continue to soar as 80% of applications are built on the Ethereum blockchain.The panelists have also stated that Ethereum has carved its independent … [Read more...] about Why crypto strategists predict Ethereum to cross the $5000 mark before 2022
The Golden Cross
The Golden Cross: What is it and How to Identify it when Trading?The ‘golden cross’ is a term often mentioned in trading circles due to its usefulness in spotting changes in trends while also being incredibly easy to use. This article will explain the concept of the golden cross, how to identify the golden cross and explore complementary indicators to use alongside the simple … [Read more...] about The Golden Cross
Not sure if the bulls are back? Here’s how the golden cross spots trend reversals
The most important aspect in trading is to correctly identify the long-term trend. Once this is done, the rest of the steps are not very difficult because all a trader needs to do is look for buying opportunities in an uptrend and selling opportunities in a downtrend. In reality, many traders complicate the process by waiting for lower levels to buy in a bull market and missing … [Read more...] about Not sure if the bulls are back? Here’s how the golden cross spots trend reversals