IDEX/BUSD – What about this Pairs trade?

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“What about this Pairs trade?” is a new format of introductory articles created by RevenueBot. Every week we will be providing you with updates on a new trading pair that has reached the top, according to the transactions completed through the platform. In addition to providing information about the token, we will also check the trading pair in a bot simulation and see how much of a profit the trader could have made on it, over a period covering the past 60 days.

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BTCUSD exchange rate forecast for July 4 — 10

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Long-Term-Holder Spent Output Profit Ratio (LTH-SOPR) is entering the “in profit” zone, where the value is less than 1, suggesting that more coins are being sold by LTH. As you can see on the chart, BTC can stick in this zone anywhere from 6 to 12 months before it goes into an uptrend, followed by the hike of the BTC price. It is historically between 0.5 and 0.6 indicating a bottom, and though we have not yet reached it, we are getting very close to it. 

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The issue of insider trading on crypto markets

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Former OpenSea product manager Nathaniel Chastain was detained in the United States. He was accused of insider trading of NFTs and subsequent money laundering. State prosecutors believe he made use of OpenSea’s sensitive data for his own purposes. This is the by far the first case in the history of insider trading when an actual arrest takes place.

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ICP/BUSD – What about this Pairs trade?

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“What about this Pairs trade?” is a new format of introductory articles created by RevenueBot. Every week we will be providing you with updates on a new trading pair that has reached the top, according to the transactions completed through the platform. In addition to providing information about the token, we will also check the trading pair in a bot simulation and see how much of a profit the trader could have made on it, over a period covering the past 60 days.

Continue reading “ICP/BUSD – What about this Pairs trade?”

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