Last year, Uniswap proved that DeFi is the real deal, not just a nice theory. The decentralized exchange now has liquidity in excess of $3 billion and this Monday the daily volume broke $1 billion. While Uniswap is still miles away from centralized exchanges in terms of the number of users and daily volumes, we think they’ve made enormous progress and have...
Two weeks ago, STEEM, the token of decentralized social media platform Steemit, has hit an all-time low of 424 sats on Binance. The token was in a prolonged bear market since May, when the community forked the social media platform after its acquisition by TRON. Recently, STEEM had two green weeks, albeit with gains that were rather unimpressive compared to some...
Today’s sell-off across most crypto assets has caused some concerns about the continuation of the altseason. We’ve decided to check what Hybrid Intelligence thinks by posting the usual question about BTC dominance: “Bitcoin crypto market share settled at 63.85% at 12:00 PM UTC on Wednesday, January 27. Will Bitcoin's market share climb above 65.13% (+2%)...
“EKU” is one of Cindicator’s SuperForecasters with a P&L of 87% and a Sharpe of 1.97 — that’s just for weekly BTC signals. EKU has been making forecasts with Cindicator since summer 2019. EKU is on a roll with three consecutive profitable signals. Last week EKU suggested: Long +22.56%, entry at 28,344 with a Take Profit at 34,734 and a Stop Loss at...
BTC’s recent correction to 30k sparked talks of a new alt season with many traders considering switching from Bitcoin to other crypto assets that might shoot up. To dig deeper into this idea, we’ve posted the following question to the Cindicator platform: “The cryptocurrency Market Capitalization settled at 925.74B USD at 09:40 AM UTC on Wednesday, January 13....
After hitting $1 trillion for the first time, the overall market capitalization of the crypto market has met some resistance. To check if the uptrend would continue, we have asked Hybrid Intelligence the following question: “The cryptocurrency Market Capitalization settled at 966.65B USD at 12:00 PM UTC on Wednesday, January 20. Will the Market cap climb above...
ZRX has recently set a new all-time low against Bitcoin. Last time this happened in September 2019 after months of sales against Bitcoin, which back then just ended a short-lived bull run. Soon after that low, ZRX bounced up by +40% a week. So now many traders are curious if this setup would happen again. We’ve asked the following question on the Cindicator...