The Moving Average Convergence Divergence (MACD) is on its way to flashing a buy signal on the 12-hour time frame chart. Such a positive gesture would manifest with the MACD (line in blue) crossing above the signal line (in red).
Optimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion
Stablecoin adoption has grown immensely, observed especially following the collapse of Terra.
The Bitcoin price has finally shown signs of life, albeit to the downside
Bitcoin price is slowly moving lower from the $17,000 resistance. BTC could continue to move down towards the $16,000 support zone.
Bitcoin is still strangling at the $16,000 price level with no significant movement up or down.
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