Last summer, as BTC tapped what I thought might be it's pre-halving high of about $31,000 USD, I used www.tradingview.com indicator to point out that we had tapped the trendline that generally indicates we are at or near a price high for the mini bull cycle inbetween halvings. It was right... for about 3 months. Then the entire crypto space exploded higher,...
Use that formula: 1/((CRYPTOCAP:USDC+CRYPTOCAP:USDT)/CRYPTOCAP:TOTAL) When prices go up: Alt season When price goes down: Alt recession Let's break it down: CRYPTOCAP:USDC: This represents the market capitalization of the US Dollar Coin (USDC) in the cryptocurrency market. CRYPTOCAP:USDT: This represents the market capitalization of the Tether (USDT)...
The total stablecoin market downtrend parabola was broken this week and backtested yesterday and wicked up to form a bullish retest candle. Crypto bear market bottom is in. Expecting bitcoin to likely lead the charge as usual until we peak out on the BTC.D dominance chart pennant pattern, then alts run. In meantime gobbling up all my fav alts while they...
I cannot take credit for this. I believe I saw this basic layout posted on Twitter by Will Clemente some time ago. I just re-created it myself so I could have the ability to watch in real time the larger crypto market cycles with this indicator. It is the market cap of stable coins USDC and USDT added together in parentheses (USDC+USDT) divided by total crypto...
In the past 24 hours, the trading volume of the Bybit USDC/USDT perpetual contract pair exceeded an astonishing $380 million, and the annualized funding rate was as high as 740% After Friday's stunning collapse of Silicon Valley Bank, questions swirled around the exposure of one of crypto's top firms, Circle, the issuer of the second-largest stablecoin, USDC. In...
The chart shows USDC dropped billions of dollar while USDT gained billions of dollars.
We will see a prolonged decline. Charting something stable...
tether and usdc vs altcoin you can see it drops when bull moves start
MCAP of tp 4 Stablecoins with the FED liquidity indicator
A controversial debate is trending. What is going to happen next for tether? keep a close eye on the companies that manage tether. There are so many trading pairs out there and if something happens it will be really bad for the crypto industry. I'm not going to get into it so be alert and up to date on what is going on.
USDC market cap growth versus USDT has exploded +580%! As you can see the market cap growth of USDC has exponentially risen against the market cap decline of USDT. Also, something that is very eye opening, BTC market cap growth fell below USDC market cap growth on the June 13th weekly candlestick last week. For this analysis I'm using the 1-week chart 2019 - 2022...
Pangolin’s Collaboration With Olympus DAO Creates AVAX Bonding Program Leading Avalanche-Ethereum decentralized exchange, Pangolin has collaborated with Olympus DAO. The collaboration, among other things, is to create a bonding program and create further inroads in marketing efforts. The collaboration has brought the World's first bonding program on Avalanche...
In this video we explain the real world use cases of each of the top 10 cryptocurrencies. A lot of focus in crypto is focused on the price and the volatility of each coin without many people necessary understanding what their purposes are. Bitcoin (BTC) Digital Gold, a store of wealth and protection against inflation… this is because there’s a limited supply...
One could only conclude once seeing such overwhelming Bullish information.. Crypto as an asset class.. be expanding rapidly ☄️💥🌊🏄♀️ CRYPTOCAP:USDC CRYPTOCAP:USDT