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Showing posts from October, 2023

WHAT IS CME GAP-FILL THEORY?

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  Are you a cryptocurrency trader? If so, you may have heard of the "CME gap." This gap refers to a difference in price on the Chicago Mercantile Exchange (CME) Bitcoin futures chart. While regular cryptocurrency exchanges operate around the clock, CME Group has specific trading hours during weekends and holidays. CME Group offers Bitcoin futures contracts, which enable traders to speculate on the future price movements of Bitcoin. When the CME Bitcoin futures market closes, a gap may occur between the last traded price on CME and other exchanges. This gap creates an opportunity for traders to profit when the CME market reopens, as the price may move to fill the gap. Despite the debate among traders and analysts regarding the significance of CME gaps in relation to the price of Bitcoin, it's important to note that gaps have been observed to be filled in the past. This phenomenon is sometimes called the "CME gap-fill theory." According to this theory, if the Bitc...

What Are Altcoins? List of high potential altcoins

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  The emergence of Bitcoin in 2009 marked a significant milestone in developing digital currencies. Its remarkable success paved the way for other cryptocurrencies, called altcoins, designed to rival Bitcoin in the crypto industry. These altcoins have unique characteristics and functions that shape the web3 ecosystem and have gained massive traction. If you're curious about digital currencies, it's vital to understand the distinctions between altcoins and Bitcoin. What are Altcoins? Altcoins are an interesting phenomenon in the world of cryptocurrency. They are digital currencies that are not Bitcoin or Ethereum. Each altcoin has unique features and potential applications. Some digital currencies are severe and have real-world applications, while others are more of a joke or a meme. They often gain popularity through social media and online forums like Reddit. Many altcoins, including Litecoin, Dogecoin, and Ripple, have gained a significant following. Despite their differences...