indicators – DIGIT INFO

Where’s the recession? These 3 economic indicators can alert investors to a market downturn

Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming.

Go to Source

Bitcoin price more correlated to FTX developments than macro events: Research

While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors.

Go to Source

After Mocking the Price Model, Crypto Advocates Discuss Bitcoin’s Rainbow Chart Reintegration

On a few occasions last year, crypto advocates discussed how a number of price models, leveraged to help predict the future value of bitcoin, ended up failing. However, since bitcoin’s value has increased by 36% over the last month, the price has entered the darkest band of the rainbow chart after breaking below the rainbow […]

Go to Source

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans […]

Go to Source

Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom

As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most […]

Go to Source

Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’

Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion in Turnover Expected From Russia’s Bitcoin […]

Go to Source

New to crypto trading? Here are 5 tips on how to start 2022 on the right foot

Trading stocks and cryptocurrencies can be complicated, but here are a few tips on how to get started.

Go to Source

New to crypto trading? Here are 5 tips on how start 2022 on the right foot

Trading stocks and cryptocurrencies can be complicated, but here’s a few tips on how to get started.

Go to Source

Here’s how altcoin futures volumes and the USD lending rate signal market crashes

Data shows that the dollar lending rate and futures volumes of select altcoins can be tracked to pinpoint overheated markets before a crash.

Go to Source

Ark Invest CEO Reaffirms $500K BTC Price Prediction, Says Bitcoin Is in ‘Capitulation Phase’

Ark Invest CEO Cathie Wood Reaffirms $500K BTC Price Prediction, Says Bitcoin Is in 'Capitulation Phase'

The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees Bitcoin Reaching $500K Ark […]

Go to Source