Crypto Brief – March 23rd 2021
News
OKEx Korea is shutting down next monthhttps://t.co/ykSIi7q4oU
— The Block (@TheBlock__) March 23, 2021
Norway recently emerged as the world’s most cashless society, but its central bank governor says people shouldn’t start turning to #Bitcoin as an alternative https://t.co/E2OhM3IK69
More on @crypto: https://t.co/XSUaSw4x7g #Cryptocurrency pic.twitter.com/YqnirQ0tOZ
— Bloomberg Crypto (@crypto) March 23, 2021
It turns out that trading the NFT tokens can be just as lucrative as the digital art https://t.co/e6aaSinyIK
— Bloomberg Crypto (@crypto) March 23, 2021
Charts
The seasonal pattern in BTC seem to be 2 to 3 weeks early this year… This set back should be April, the march set back happened in Feb…history rhymes..thus far. pic.twitter.com/ypYlnWvSoE
— Raoul Pal (@RaoulGMI) March 23, 2021
$REP took off for a +25% price push in spite of most #crypto assets dipping Monday. Our latest insight shows off a few metrics that were showing this growing bullish divergence the past few days, which finally came to fruition for the #Augur faithful. https://t.co/yRt0MJgET5 pic.twitter.com/VD3FRbBOic
— Santiment (@santimentfeed) March 23, 2021
We wanted a visual that illustrated cryptocurrency roots – which cryptocurrencies gave rise to other cryptocurrencies through forks. Here’s what we came up with, a crypto family tree if you will (by @haobing_shuaike): pic.twitter.com/uIpD0bKUUs
— CoinDesk Research (@CoinDeskData) March 22, 2021
Analysis
Bitcoin broke below its short-term uptrend, and could find support around $50K, resistance at $58K, writes @DantesOutlook
https://t.co/yDa3xLqftx— CoinDesk Markets (@CoinDeskMarkets) March 23, 2021
Lightning Network activity on the rise⚡️
The BTC Capacity on Lightning has reached a new ATH of 1151 BTC!
On Saturday the number of public channels on Lightning reached a new ATH of 40,400, surpassing its 2019 peak of 40,319 public channels.
Read more: https://t.co/kvc9xjkB82 pic.twitter.com/ACzORVrR0a
— Arcane Research (@ArcaneResearch) March 23, 2021
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