News list for " usually"

Gold rose by $40 during the day, and silver prices rose sharply

Analysts Adam Button said that gold usually has a seasonal tailwind between December and January, and now it has a fundamental tailwind. Over the weekend, the People's Bank of China resumed buying gold for the first time in six months. After initially falling $50 when China stopped buying, the price of gold fell by about $100 in the following days. Today, gold has pulled up $40 during the day, breaking through $2,670 an ounce. And technically, it broke through December's...

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2024-12-09 23:42:11
In the face of a decline in active addresses, the price of bitcoin shows "no clear direction."

On September 4th, according to Cointelegraph, a key metric for Bitcoin has now reached a level that is usually only observed after the asset price has peaked, adding to the uncertainty surrounding the future price movement of Bitcoin. The number of Bitcoin (BTC) active addresses (representing the total number of active users on the network) has "significantly declined" since the beginning of 2024, a pattern that historically formed after the Bitcoin price peaked during the bull cycles of 2017 an...

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2024-09-04 14:07:26
QCP Capital: October may welcome a seasonal rebound

September is typically a bear market month for cryptocurrencies and other asset classes, but October has historically been strong, according to a new analysis from QCP Capital, which showed bitcoin posted positive returns in October in eight of the past nine years, with an average gain of 22.9 per cent. This seasonal pattern may explain the recent continuation of bullish buying in the options market, with 150 call options expiring in December at a call-over price of $80,000 again observed in Asi...

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2024-09-03 17:10:38
In the past 10 years, Bitcoin's performance in September has only been on the rise for three years

September is usually a difficult month for Bitcoin. According to SpotonChain, Bitcoin's performance in September has only been on the rise for three of the past 10 years: 2015 (+ 2.35%), 2016 (+ 6.04%), and 2023 (+ 3.91%). Although September usually falls, it is not inevitable. A negative performance in August could help avoid a decline in September. The main selling pressure has been eliminated. Long-term holders remain firm. Bitcoin ETFs could become a new buying force. ·...

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2024-09-01 10:34:14
WazirX has a large abnormal outflow, the scale exceeds 230 million US dollars

According to Lookonchain, more than $230 million of crypto assets were unusually transferred from the WazirX wallet to the "0x04b2" wallet. Currently, the wallet "0x04b2" is selling these assets and has sold 640.27 billion PEPE ($7.60 million).

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2024-07-18 15:27:01
IntoTheBlock analyst: The decrease in average transaction fees generally indicates that the efficiency of blockchain networks in processing transactions is improving

IntoTheBlock analyst Slim Daddy said that the average transaction fee for ETH fell below $2.60 per transaction on April 27. According to IntoTheBlock, the last time we saw such a fee decline was in October 2023, when it was as low as $1.78. The decrease in average transaction fees typically indicates that the efficiency of blockchain networks in processing transactions is improving, and network congestion is decreasing.

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2024-04-29 14:35:41