Valley News - Claremont City Council raises rates at community center vnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vnews.com Daily Mail and Mail on Sunday newspapers.
CLAREMONT The City Council is poised to approve increases in membership fees and other rates for the community center, with the expectation that the additional revenue will make a dent in the city-owned center’s annual operating deficit.The council,.
5 Best Cryptocurrencies To Keep Your Eye On In 2021 economywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economywatch.com Daily Mail and Mail on Sunday newspapers.
Key Fundamental Data Suggests Bitcoin May Defy Bears
Reading Time: 3 mins read
Last weekend, the Bitcoin price fell below the psychologically significant support level of $50,000. Furthermore, the 50 day moving average was breached to the downside and some popular technical indicators – such as the MACD – are flashing bearish warnings.
The confluence of downwards price action, bearish signals, and negative news flow (primarily; a rumored US regulatory crackdown and the Turkish ban & double exchange failures) suggests a bleak outlook for BTC… So, is Bitcoin doomed?
Recent Drop Brings Return Of Bitcoin Doomsday, But There’s Still Hope Left
Fortunately, there are reasons for hope. Whereas short-term technical and sentiment signals are decidedly bearish, certain fundamental data suggests that the great bull market, begun in late 2020, still has legs. For instance, the number of individuals who own Bitcoin – as measured by Glassnode’s Active Entities metrics – is still
Jan 13, 2021 03:27 GMTCrypto News
Bitcoin price correction might be nearing an end as several on-chain metrics hint that the bull run is just getting started.
The downswing allowed sidelined investors to get back into the market, creating an opportunity for a new leg up.
Bitcoin price retraced more than 20% after hitting a new all-time high of $41,986 on January 8. While the chances of further losses remain high, it might set the conditions for a new influx of capital that ignites a new uptrend.
Bitcoin on-chain indicators rise to record highs
Number of Active Addresses on the Bitcoin network considers how many tokens are being transacted daily. A higher address count indicates increased adoption and investors’ activity, both of which are positive developments for the underlying asset’s price.