Cryptocurrency Trading

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Global Crypto Trading Trends Reveal Regional and Seasonal Nuances: Coin Metrics

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Cryptocurrency trading demonstrates distinct regional and seasonal patterns influenced by regulatory environments, user preferences, and market dynamics, according to an analysis by Coin Metrics and its analyst Victor Ramirez. Coin Metrics Report Examines Global Cryptocurrency Trading Trends The “Kimchi Premium” phenomenon, reflecting a disparity between cryptocurrency prices in South Korean markets and global weighted averages, … Read more

Bitcoin Technical Analysis: Bulls Poised for Breakout as Price Hovers Near $65K

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As of Oct. 14, 2024, bitcoin (BTC) is trading at $64,905, with its 24-hour range spanning from $62,059 to $64,915. The leading cryptocurrency’s market capitalization sits at $1.28 trillion, while 24-hour trading volume has reached $29.38 billion. Current market data suggests bitcoin is in a consolidation phase just below $65,000, with bullish momentum appearing to … Read more

Bitcoin Technical Analysis: Uptrend Intact, But Indicators Warn of Short-Term Correction

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Bitcoin is trading at prices between $62,856 to $63,016 at press time, with a market cap of $1.24 trillion and a 24-hour trade volume of $23.87 billion. Intraday, prices fluctuated between $62,120 and $63,909, showing signs of consolidation. Despite the overall uptrend, oscillators and moving averages paint a mixed picture, hinting at potential corrections while … Read more

Bitcoin Price in South Korea Sees Largest Discount Since October 2023

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According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in South Korea, Premium Quickly Rebounds but Stays Below 1% On Sept. 23, bitcoin (BTC) in … Read more