Market Analysis

Minecraft Bans NFTs Sparking Uproar in the Cryptoverse

July 21, 2022 0

The developer of Minecraft has banned non-fungible tokens in the game, claiming “they create models of scarcity and exclusion that conflict with our guidelines.” Mojang Studios, makers of Minecraft, has announced that NFTs and blockchain technologies will […]

Bitcoin (BTC) On-Chain Analysis: BTC Breaks Down Below Key Metric
Market Analysis

Bitcoin (BTC) on-Chain Analysis: Miner Indicators Show Capitulation

July 21, 2022 0

Be[in]Crypto takes a look at Bitcoin (BTC) on-chain indicators that relate to miners, more specifically the difficulty ribbon compression and hash ribbon. Difficulty ribbon compression  The difficulty ribbon is an on-chain indicator that employs moving averages (MA) of […]

Market Analysis

The Problem With the Latest Bitcoin Price Rally

July 21, 2022 0

Key Takeaways Bitcoin has soared by more than 26% since July 12.  On-chain data shows a spike in overleveraged traders while selling pressure surges.  BTC needs to hold above the $20,500 support level to avoid […]