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Keeping abreast of cryptocurrency news and watching the patterns of trading is key to gain an understanding of each coin. For more information on how to do this effectively, look at our Guide to Day Trading Bitcoin and Other Cryptocurrencies.
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Various factors can be used to monitor usage of a subreddit. Due to the promising trading strategy generated from the factors chosen in [7], these same factors will be examined here. Posts per day indicates the number of posts made on a particular subreddit, per day. (this factor does not include comments made in response to particular posts). Subscriber growth indicates the number of new subscribers that a subreddit receives, per day. New authors indicates the number of new authors posting on a particular subreddit, per day. This current work will aim to confirm the relationship the factors identified have with price in a model-free environment, rather than with the use of a trading strategy which can potentially introduce ambiguity relating to individual factor contributions.
CPI gained 0.9% in October, higher than the estimated 0.6%. The reading marks an acceleration from the 0.4% gain seen in September.
The crypto prices today are trading in the red as Bitcoin, as well as the altcoins, have retreated after a strong week of rallies to new all-time highs.
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Ethereum’s Altair upgrade takes it closer to Ethereum 2.0Cryptocurrency Prices Today: Ethereum gains nearly 11% in the last weekCryptocurrency prices today: Ethereum rises over 8%, Solana adds more than 16%What Ethereum 2.0 will be likeCryptocurrency prices today: Ethereum gains over 9%, Bitcoin adds more than 4%
Altcoins are alternative versions of Bitcoins, but with minor changes. They are often a result of a Bitcoin fork. There are many different types of altcoins.
Stock, J. H. and M. W. Watson (1993), “A simple estimator of cointegrating vectors in higher order integrated systems”, Econometrica, 783–820.
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Bitcoin’s bullish price rise to near $70,000 in value comes as investors hope to see the $1 trillion market cap remain firmly in place ahead of a volatile trading period.
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