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Ethereum Price Is About To Confirm A Golden Cross On The Daily Time Frame, Here’s What Happened Last Time
Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened. Ethereum Price To Confirm Golden Cross, What Next? In an X post, crypto analyst Tony Severino mentioned that the Ethereum price is heading to a golden cross this week. This golden cross occurs when a short-term moving average (MA), like the 50-day MA, crosses a long-term MA, like the 200-day MA. This typically indicates that the crypto in question is set to...
Grayscale Bitcoin Mini ETF Overtakes BlackRock’s IBIT with $191 Million Inflows
The launch of Grayscale Bitcoin mini ETF two days ago has severely dented flows for FBTC, BITB, and ARKB Bitcoin ETFs which have seen zero inflows in the last four trading sessions. On Thursday, August 1, the spot Bitcoin ETFs registered $50 million in outflows. However, leading the show this time was not Blackrock’s IBIT but Grayscale’s newly launched Bitcoin mini ETF (BTC). Yesterday, Grayscale’s BTC attracted a staggering $191 million in inflows on the second day of launch, thereby outpacing IBIT’s $26 million inflows by a huge margin. The newly launched Grayscale BTC mini ETF is an attractive option...
BINANCE COIN PRICE ANALYSIS & PREDICTION (November 14) – BNB Bounces This Critical Zone After A Retest, Bigger Moves Ahead
Following the current drop across the crypto space, BNB bounced back from a critical trading zone after initiating a small pullback yesterday. It looks weak in the past hours but is now bullish again. Last week’s trading was interesting for BNB, as it resumed bullish impulsive movement after undergoing a small retracement phase. During that period, BNB posted major gains and successfully broke out of a critical resistance zone (marked orange) after several failed attempts to scale through in the past months. It tested $667 yesterday but was unable to advance higher due to a rejection. Unfortunately for the bulls,...