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Maker Protocol rebrands as Sky, introducing new stablecoin USDS and governance token SKY to enhance accessibility and lead the next evolution of decentralized finance.

The SSR metric implied that could BTC outperform the rest of the crypto market due to the rising BTC.D. The post Bitcoin Dominance soars as altcoins struggle – Bullish sign for BTC? appeared first on AMBCrypto.

Quick Take The Stablecoin Supply Ratio (SSR) created by Glassnode has emerged as a significant factor in analyzing Bitcoin price action. The SSR, a ratio between Bitcoin supply and the supply of stablecoins expressed in BTC, serves as a proxy for...

Quick Take The Stablecoin Supply Ratio (SSR), a key metric that quantifies the supply forces between Bitcoin and various stablecoins, has been signaling increased “buying power” for Bitcoin in the past ten days. Glassnode defines the SSR as the...

Quick Take Observations since October 2023 indicate a consistent upward trend in the Stablecoin Supply Ratio (SSR), closely tracking the upper bound of the ratio. This measure, which represents the relationship between the supply of Bitcoin and that...

Quick Take The Stablecoin Supply Ratio (SSR), a critical parameter gauging the buying power of stablecoins against Bitcoin, has seen significant movement lately. This ratio, calculated as Bitcoin Market Cap divided by Stablecoin Market Cap, offers...

Quick Take Recent data analysis reveals a steady influx of stablecoins into Bitcoin, a phenomenon underpinned by the Stablecoin Supply Ratio (SSR) created by Glassnode. The SSR denotes the ratio between Bitcoin’s supply and that of stablecoins, with...

Quick Take For the first time this year, the Stablecoin Supply Ratio (SSR) Oscillator, a derivation of the SSR that measures the movement of its 200-day Simple Moving Average within the Bollinger Bands, has dipped below zero. This implies that a...

The Stablecoin Supply Ratio (SSR) is a vital market indicator that has been steadily climbing since the start of the year, signifying a decrease in the purchasing power of stablecoins. The SSR is a metric that provides insight into the supply and...

Bitcoin (BTC) and Ethereum (ETH) started the week off on a positive note, rising 2.6% and 2.5%, respectively, on the 15th. Bitcoin is trading 3% below its 20-day moving average at $28,300 at the time of writing. Meanwhile, Ethereum is 1.9% below the...