Outside Source
March sees major Swiss investors in Cardano (ADA) acquiring significant stakes in DeeStream (DST), alongside Bitcoin (BTC) reaching new all-time highs, signaling a potentially transformative period for the crypto market.
The following looks into the recent developments in the world of cryptocurrency: Cardano (ADA) and the “sell-side liquidity crisis,” which Bitcoin (BTC) is facing.
Further, we will focus on understanding the basis of the potentiality of DeeStream (DST) in content creation and financial independence regarding its disruptive nature.
Cardano resurgence
Cardano (ADA) has experienced a notable resurgence, with its token surging an amazing 40% over the last month, breaking through key resistance levels.
This comes amid intermittent challenges from price corrections and failed attempts to breach resistance barriers.
However, with the Moving Average Convergence Divergence (MACD) signaling a potential bearish crossover, future movement will depend on maintaining crucial support at the 0.0428 level and managing market volatility.
Bitcoin facing liquidity crisis
Bitcoin faces a potential “sell-side liquidity crisis” as new all-time highs bring increased institutional inflows into spot Bitcoin exchange-traded funds (ETFs), raising alarms about insufficient Bitcoin supply to meet rising demand.
The Grayscale Bitcoin Trust (GBTC) is experiencing significant outflows, posing questions about its impact on Bitcoin price dynamics. This situation is compounded by the growing Bitcoin holdings in accumulation addresses, highlighting the prospect of a supply-induced price shock.
DeeStream aims to revolutionize content production
DeeStream aims to revolutionize the content creation industry by offering immediate payouts and a fair revenue-sharing model, challenging the status quo and offering a new paradigm for creators and investors alike.
With a presale entry point set as low as $0.046, DeeStream presents an enticing investment opportunity. But it’s not just about the financial aspect; DeeStream is committed to fairness and transparent governance, ensuring that creators and investors feel empowered and informed at every step.
Find out more about the DeeStream (DST) presale by visiting the websitehere.
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This article first appeared at crypto.news
