In simpler terms, Andre Serrano, the product and partnership manager at Stacks, explained to CryptoMoon in an exclusive conversation, that Bitcoin’s decentralized finance (DeFi) applications will expand Bitcoin’s functionality, enabling it to generate income. “The vision is simple: Bitcoin is a $1.2 trillion asset class with very little on-chain activity. So there’s an enormous opportunity … Read more
Bitcoin (BTC) traders are demanding BTC price upside as liquidity sets up fresh battles for bulls. The data obtained from monitoring resource CoinGlass indicates that bids for resources are approaching the active trading zone above $60,000 as of April 17. BTC price liquidity thickens near key support This week, Bitcoin has caused a significant sell-off … Read more
Bitcoin’s Implied Volatility saw a surge last weekend. Bearish sentiments overrun the market as the halving nears. Over the weekend, Kaiko pointed out in a recent update on X (previously known as Twitter), that the estimated volatility for Bitcoin [BTC] options, due to expire in April, rose noticeably from 62% to 75%. Implied Volatility measures … Read more
According to Tether CEO Paolo Ardoino, Ripple’s introduction of a stablecoin might make the entire stablecoin market more credible. During Paris Blockchain Week, Ardoino spoke only with CryptoMoon about the need for healthy competition among major players in the stablecoin market. This competition would help strengthen the reputation of fiat-backed tokens in the eyes of … Read more
Pavel Durov, creator of Telegram Messenger with encrypted features, anticipates that increasing government monitoring will lead to the emergence of safe communication gadgets modeled after cryptocurrency wallets for enhanced security. During an interview with Tucker Carlson on April 17, Durov shared stories from the past, highlighting how governments attempt to restrict the sharing of information … Read more
Traders who closely watch Bitcoin’s price movements using a popular momentum indicator predict that its value could decrease in the short term, but this may not stop the ongoing bull market trend. Using the Bollinger Band technical analysis method, traders identify trends based on a moving average and price volatility. They look for opportunities to … Read more