Oct 29, · Following a $ million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $ million in bitcoin. Nov 04, · The crypto intelligence firm Santiment says Bitcoin is starting to show signals that a sell-off event is on the horizon. Santiment says BTC is overbought based on three metrics. The first, Daily Active Addresses (DAA) vs. Price Divergence, compares an asset’s price movement to the number of unique crypto addresses interacting with that. Bitcoin Profit takes care of your interest and safety at every step of the way. With us, you are taking your initial steps to complete financial independence. It is time you started leading the life of your dreams. Are you ready to join us?
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Santiment says BTC is overbought based on three metrics. The metric views price action that outperforms DAA as a bearish signal, and vice versa. When average trader returns surge too fast, the metric views it as a bearish signal and vice versa.
The third is Weighted Social Sentiment, which tracks the sentiment of market participants on Twitter. November 2nd marked the single most bearish divergence in over a year.
While BTC may be showing signs of bullish exhaustion, Santiment is highlighting one altcoin that looks primed to ignite a bounce. Please check your inbox or spam folder to confirm your subscription. Thank you. What Is Blockchain? The breakout, however, may remain elusive until the new year, as some investors are still looking to sell around record highs. China aims for gradual consumer adoption of digital yuan, former central bank governor Zhao says South China Morning Post.
Sygnum, a digital-asset firm with a Swiss banking license, claims to be first bank in world to tokenize its own shares CoinDesk. Suspected Russian hackers are believed to have broken into the U. Treasury and Commerce departments and have been monitoring internal email traffic Reuters.
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