tapering – DIGIT INFO

Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen

DIGIT — Fri, 11 Mar 2022 21:37:26 +0000

BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments.

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Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year

DIGIT — Mon, 07 Mar 2022 19:00:10 +0000

A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will raise the benchmark bank rate earlier. Moreover, a […]

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Can Ethereum price reach $4K after a triple-support bounce?

DIGIT — Tue, 01 Feb 2022 14:25:00 +0000

A combination of multiple support levels, including a 21-month exponential moving average, helped ETH price rebound by nearly 30% from its local bottom.

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JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility

DIGIT — Sat, 29 Jan 2022 08:30:14 +0000

Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased volatility the asset has faced […]

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Fish food? Data shows retail investors are buying Bitcoin, whales are selling

DIGIT — Thu, 16 Dec 2021 15:37:10 +0000

The number of Bitcoin addresses holding less than 1 BTC has been rising in the face of a 30% price correction from $69,000.

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Data suggests traders view $46,000 as Bitcoin’s final line in the sand

DIGIT — Tue, 14 Dec 2021 20:19:38 +0000

BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up.

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Cardano: ADA price eyes 30% rally with a potential ‘triple bottom’ setup

DIGIT — Tue, 14 Dec 2021 12:21:45 +0000

The only glitch in the bullish setup, for now, remains the Federal Reserve’s taper acceleration plans.

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3 reasons why Ethereum price can drop below $3K by the end of 2021

DIGIT — Sun, 12 Dec 2021 17:23:35 +0000

The bearish setup appears amid growing divergence between the Ether price and momentum.

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Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs

DIGIT — Tue, 16 Nov 2021 16:27:03 +0000

The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.

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Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels

DIGIT — Mon, 20 Sep 2021 12:38:18 +0000

Bitcoin has been leaving Coinbase’s wallets in 2021 while BTC exchange reserves on Binance tell a different story.

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