***Jackie Psychological Mentoring Group***
Ledger Security Device – https://shop.ledger.com/pages/ledger-nano-x?r=a409
Disclaimer: “Deadmau5 Ft. Grabbitz – Let Go” has been used for educational purposes in accordance with section 107 of US Copyright Law.
#Bitcoin #BitcoinNews #BitcoinAnalysis
Disclaimer – The content in this video and on this channel are not intended to be financial advice. The content in this video and on this channel are only intended for entertainment purposes only!
Bitcoin Analysis, Top bitcoin analysis, price prediction, Bitcoin Trading, Bitcoin 2018, Bitcoin Crash, Bitcoin Moon, Bitcoin News, Bitcoin Today, Best Bitcoin Analysis, Bitcoin price, Bitcoin to 0, Where is Bitcoin Going, Bitcoin bottomed
For Business Inquires Please Contact – [email protected]
Author: by admin
HUGE BITCOIN BUY SIGNAL AND INSANE DEMAND FOR ETHEREUM DEFI – Crypto News 2020
****Please word that all the above are referral hyperlinks and I’ll obtain a small fee should you enroll utilizing any of those hyperlinks at no further value to you. All referrals are for merchandise that I consider in and use personally. Thanks for supporting the channel by utilizing these hyperlinks.
BACKGROUND ART BY Josie Bellini
This video could include copyrighted materials using which isn’t at all times particularly approved by the copyright proprietor. Such materials is made out there for analysis or educational functions. We consider this constitutes a ‘honest use’ of any such copyrighted materials as offered for in part 107 of the US Copyright Regulation. In accordance with Title 17 U.S.C. Part 107, this video is distributed with out revenue, for analysis and academic functions.
Thanks for watching; please like, subscribe, and share!
#bitcoin #crypto #ethereum
New report finds 15 major factors that cause crypto prices to rally
Cryptoassets typically rally the most over a week rather than the first hour or the first day after a big development, according to new findings from eToro.
EToro, the major multi-asset brokerage, released a crypto market quarterly report for Q3 2020. The report, titled “What Moves the Prices of Cryptoassets,” delves into the main factors that cause cryptocurrencies to rise in value.
The 15 “significant developments” that directly affect the value of a crypto asset include mergers, funding, halving, partnerships, staking and announcements. The researchers analyzed how crypto assets perform after one hour, one day, and one week after the developments occur.
According to data from eToro and The Tie, crypto assets typically rise the most over a period of a week after any type of announcement is made.
During the first hour after an announcement, cryptoassets tend to increase by around 0.5%. A lackluster market reaction is expected given that it takes time for the information to circulate.
On the first day of an announcement, crypto assets are likely to rise by 0.8% to 1.3%. It is understandable that cryptocurrencies increase more throughout the day than the first hour as news spreads.
Throughout the first week of an announcement, crypto assets often rise by 2% to 8.2%, the most out of all timeframes.
At least in the short-term, out of all significant developments, mergers and acquisitions trigger the largest rallies; halving, funding, partnerships, and staking lag behind acquisitions in daily, hourly and weekly performance.
The average price change of crypto assets after a significant development. Source: eToro
The researchers at eToro also found that mergers and acquisitions also lead to a 90% chance of a positive return throughout the week. Notably:
“Mergers and Acquisitions are remarkable, showing a 90% chance of a positive return after a week, averaging 8.23% in returns. This outsized return is likely due to the fact that most token-related M&A news are tightly held secrets. Further, M&A news in the context of tokens are typically done to add further value to an ecosystem.”
The probability of a crypto asset’s price surge after a significant development. Source: eToro
The data points from the eToro Q3 report are likely more useful for institutional investors and professional traders, over retail investors.
But the data provides a unique insight into the type of fundamental factors that influence the price of crypto assets. It also shows that exchanges, projects and other related businesses have to be more cautious in handling potentially sensitive announcements and significant developments.
The report shows that project-related announcements usually have a strong impact on the price of the pertaining crypto assets. As such, it is critical that the related parties or companies ensure that any relevant data does not leak to prevent market manipulation.
The post New report finds 15 major factors that cause crypto prices to rally appeared first on BTC Ethereum Crypto Currency Blog.
Author: By TeamMMG