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Yoga instructor launches book on meditation – TT Newsday

Posted: June 11, 2024 at 2:50 am


Features Newsday Reporter Yesterday Aaron Rampersadsingh also known as Ved Valmki launched his new book, Start Meditating Today, on June 8. Photo courtesy: Gareth Leigh Photography. -

BAVINA SOOKDEO

Aaron Rampersadsingh, also known as Ved Valmki, is preaching what he practises: he's launched a book, Start Meditating Today, on June 8.

Rampersadsingh, a 36-year-old from Preysal, began yoga and meditation in his childhood, heavily influenced by his mother.

My mom was a big part of learning yoga and my spiritual journey. She got both my sister and me involved in yoga when we were children. I have been steeped in yogic philosophy and spiritual practice (since) I was five years old.

After he went to Preysal Government School and Presentation College, San Fernando, his deeper engagement with yoga blossomed during his university years at Ramapo College, New Jersey, where he studied psychology and explored the impact of yoga on consciousness.

I returned home from the US because my mom had cancer and I wanted to be with her. During that time, I delved deeper into the spiritual aspects of yoga, especially meditation.

"When she passed in 2013, I had a hard time grieving.

"I would say that yoga rescued me from that, because I went to stay at an ashram.

At the ashram (a place dedicated to yoga and spiritual living), where he spent nine months, Rampersadsinghs guru guided him to explore yoga further, leading him to teach.

A pivotal moment in his life came during a pilgrimage to India in 2015. Visiting the ancient temple of Kedarnath in the Himalayas, Rampersadsingh experienced a profound spiritual change.

Before I entered that temple, I had always felt very uncertain about my life...When I was there I felt a shift: I did have a spiritual experience there.

This experience solidified his dedication to the spiritual practice of yoga and his mission to share it with others.

My whole life has been about spiritual exploration, he said when asked about his initial goals. I never had a clear goal about what I wanted to do until after the first time I went to India. I studied psychology in university because I wanted to understand myself and people better, but I really found that in yoga.

In 2017, he returned to India after qualifying for a scholarship to SVYASA University from the Indian High Commission. There he received his yoga certification and learnt more about the science behind yogic practices.

He's been a yogacharya (yoga teacher) since 2015, working from his studio in Preysal Village since 2017. It doesn't have an official name, but is mostly referred to as the Yoga with Ved Studio.

What is most rewarding for me in teaching yoga is seeing my students and clients begin taking charge of their lives, and to see the transformative power of these ancient spiritual practices.

Inspired by his students, Rampersadsingh decided to write Start Meditating Today as a comprehensive guide to meditation.

Meditation holds so much power in it. It transcends religion and helps us to get back to the spiritual core of our being, but it is practice, a journey that requires wisdom and guidance.

Realising he could not give as much as he wanted to just by teaching meditation classes, Rampersadsingh began writing this book to share some meditation techniques and concepts.

There is so much to explore in it, but we all have to start somewhere... hence the title, Start Meditating Today."

Writing it took about a year.

Sometimes I felt like the book was writing itself...Other times I really had to stay with it, be patient, and wait for the inspiration to enter my being to continue.

The process was both a learning experience and a testament to his discipline and dedication.

The book has three parts: the basics of meditation, deeper spiritual concepts, and the integration of meditation into daily life. It aims to reach anyone interested in meditation, from beginners to those seeking to deepen their practice.

Rampersadsingh hopes readers will find practical guidance and spiritual insight.

This book is for anyone who feels attracted to meditation but does not know how to start...and certainly it is for any person, of any religion, who sincerely desires spiritual growth in their lives.

Asked why yoga is important to him, he explained he believes it is crucial not only for his spiritual growth but also for societys future.

I see the power of yoga in its ability to bring back health, prosperity and harmony into people's lives. I believe that yoga, and its spiritual practices like meditation, have a place in ensuring a positive future for our society. And I am fully dedicated to my role in facilitating that.

Reflecting on how yoga has had an impact on his life beyond the physical practice, he said, Yoga has given me everything, and I am very grateful to my mom and my guru for guiding me on this path.

"Yoga showed me that peace of mind is not just an ideal, it is an achievable reality. Through yoga I have found a place in myself where I feel a deep sense of peace, connection and compassion and I strive every day to be conscious of that and to share that however I can.

Why is meditation important for today's people?

In this modern life we give our attention to everything outside...every problem and challenge we face is difficult because we have become disconnected from that inner source.

Through meditation, Rampersadsingh has found a deep sense of peace and aims to help others achieve the same.

He said the most immediate benefit of meditation for anyone, even if just starting off, is stress relief.

It gives a sense of relaxation and ease to help you rest and recover. As you go a little deeper it will help you to become healthier, manage your emotions, and uplift your thinking.

When you commit to yoga as a lifestyle, It will lead you to spiritual connection and insight to help you live in alignment with your life purpose and to reveal your full potential.

Looking ahead, he plans to continue writing and expand his teachings through coaching, workshops, and retreats. He hopes to see a greater appreciation for the spiritual aspects of yoga and meditation in the coming years, both locally and internationally.

To those new to yoga and meditation, he offered this advice: Practise, and all is coming to you.

For the hesitant, he encourages starting the journey with an open heart and finding a teacher who resonates with them, and he emphasises the importance of daily choices in cultivating wellness and spiritual connection.

Start Meditating Today is available in bookstores and directly from the author.

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Yoga instructor launches book on meditation - TT Newsday

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June 11th, 2024 at 2:50 am

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Meditation and AI as Paris Olympics embraces ‘mindfulness’ – The Elkhart Truth

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June 11th, 2024 at 2:50 am

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Top 102 Employee Recognition Quotes To Celebrate Their Endeavours – Vantage Circle

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Employees yearn for appreciation for their hard work. Good leaders understand this and always strive to prioritize, support, and thank their employees for going above and beyond. Thus, to urge all leaders to do the same, we have curated a list of the best employee recognition quotes.

We know that employee recognition doesn't come easy. But, with the right mix of rewards and recognition, you might be able to win half of the battle.

But the question is how? How can you express your gratitude and appreciate your employees, and increase engagement? Nothing, in our opinion, can be more meaningful than some good old words.

Even if you lack the funds for a conventional recognition program, the simple act of praising your coworkers may make a big difference in their happiness and boost their joy to work.

You never know when a moment and a few sincere words can have an impact on life. ~ Zig Ziglar

It's very inexpensive to give a compliment. ~ Joyce Meyer

Keep your eyes open and try to catch people in your company doing something right, then praise them for it. ~ Tom Hopkins

Feedback is the breakfast of champions. ~ Ken Blanchard

Nothing is more effective than sincere, accurate praise, and nothing is more lame than a cookie-cutter compliment. ~ Bill Walsh

I have always believed that the way you treat your employees is the way will treat your customers and that people flourish when they are praised. ~ Richard Branson

Mediocrity knows nothing higher than itself, but talent instantly recognizes genius. ~ Arthur Conan Doyle

A brave man acknowledges the strength of others. ~ Veronica Roth

Employees who report receiving recognition and praise within the last seven days show increased productivity, get higher scores from customers, and have better safety records. They're just more engaged at work. ~ Tom Rath

I think you need to love giving compliments as much as you love receiving them. ~ Yami Gautam

What gets recognized gets reinforced, and what gets reinforced gets repeated. ~ Anonymous

Brains, like hearts, go where they are appreciated. ~ Robert McNamara

Recognize and affirm people when they contribute to the mission you share. Do this, and you will ignite their purpose and potential. ~ Mike Byam

Take time to appreciate employees, and they will reciprocate in a thousand ways. ~ Bob Nelson

I would maintain that thanks are the highest form of thought, and that gratitude is happiness doubled by wonder. ~ G.K. Chesteron

A culture of gratitude helps people realize how truly fortunate they are and instills a desire to pay that forward. ~ Karl Sun

If you don't create a great, rewarding place for people to work, they won't do great work. ~ Ari Weinzweig

Employees who believe that management is concerned about them as a whole person - not just an employee - are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability. ~ Anne M. Mulcahy

The way to develop the best that is in a person is by appreciation and encouragement. ~ Charles Schwab

People work for money but go the extra mile for recognition, praise and rewards. ~ Dale Carnegie

Good work requires an appreciation of the value of routine, ordinary, mundane rhythms of doing what needs to be done, each day and each week, thoroughly and with care. ~ Gordon T. Smith

You need to be aware of what others are doing, applaud their efforts, acknowledge their successes, and encourage them in their pursuits. When we all help one another, everybody wins. ~ Jim Stovall

You become strong by lifting others up, not pulling them down. ~ Matshona Dhliwayo

Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well. ~ Voltaire

Treat your employees like an investment, not a cost. ~ Dan Sullivan

Everyone wants to be appreciated, so if you appreciate someone, don't keep it a secret. ~ Mary Kay Ash

I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel. ~ Maya Angelou

A boss wants to pay for results, an employee wants recognition for effort. If a boss recognizes effort, they will get even better results. ~ Simon Sinek

When an employee truly understands the meaning of his work and gets recognition for his efforts, he performs the best. ~ Abhishek Ratna

A good objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better. ~ Jim Rohn

Some people want it to happen, some wish it would happen, others make it happen. ~ Michael Jordan.

To win in the marketplace you must first win in the workplace. ~ Doug Conant

Recognition is not a scarce resource. You can't use it up or run out of it. ~ Susan M. Heathfield

If you do not treat people with the respect they deserve, do not expect any kind of commitment to your productivity goals and target. ~ Ian Fuhr

There is more hunger for love and appreciation in this world than for bread. ~ Mother Teresa

Nothing great was ever achieved without enthusiasm. ~ Ralph Waldo Emerson

We are what we repeatedly do. Excellence then, is not an act, but a habit. ~ Aristotle

Mary Kay knew that when you put people first and then surround them with processes and disciplines that recognize their efforts, performance will soar. ~ David C. Novak

I have always believed that the way you treat your employees is the way they will treat your customers, and that people flourish when they are praised. ~ Sir Richard Branson

Youve got to get your team to not only understand your company brand, but also to understand their personal brand. ~ Amber Hurdle

Realize that employees and the customers both have to be engaged, at the same time, to move your business forward for sustainable success. ~ Robert G. Thompson

In behavioral economic terms, when we offer recognition we are acknowledging that the recipients have met a social ideal. They are behaving in a certain manner because they believe is the right thing to do. If we then recognize that behavior with praise or appreciation, we offer a confirmation that their behavior is desirable, and do so in a manner that recipients find meaningful. ~ Cindy Ventrice

When a manager recognizes an employees behavior, personally and sincerely, both feel proud, gratified, and happy. Theres a human connection that transcends the immediate culture to create a shared bond. The power of this bond is stronger than you might think; indeed, its the power that holds together great organizational cultures. ~ Erik Mosley and Derek Irvine

Correction does much, but encouragement does more. ~ Johann Wolfgang von Goethe

If people did not compliment one another there would be little society. ~ Luc de Clapiers

What every genuine philosopher (every genuine man, in fact) craves most is praise although the philosophers generally call it recognition! ~ William James

Praise does wonders for our sense of hearing. ~ Arnold H. Glasow

Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. Theyre absolutely free and worth a fortune. ~ Sam Walton

Note how good you feel after you have encouraged someone else. No other argument is necessary to suggest that never miss the opportunity to give encouragement. ~ George Adams

Being told something positive about yourself, whether from someone youre close to, or a passing acquaintance, should really lift the spirits. Just the fact that someone has taken the time to let you know, should have you feeling noticed and appreciated. ~ Paul Bailey

Always treat your employees exactly as you want them to treat your best customers. ~ Stephen R. Covey

Appreciation is the highest form of prayer, for it acknowledges the presence of good wherever you shine the light of your thankful thoughts. ~ Alan Cohen

Also read - 152 Greatest Motivational Quotes for Work We Hand-Picked For You

Feeling grateful or appreciative of someone or something in your life actually attracts more of the things that you appreciate and value into your life. ~ Northrup Christiane

Gratitude is the most exquisite form of courtesy. ~ Jacques Maritain

It is a sign of mediocrity when you demonstrate gratitude with moderation. ~ Roberto Benigni

Feeling gratitude, and not expressing it, is like wrapping a present and not giving it. ~ William Arthur Ward

Life isnt about getting and having; its about giving and being. ~ Kevin Kruse

Even a brief interaction can change the way people think about themselves, their leaders, and the future. Each of those many connections you make has the potential to become a high point or a low point in someones day. ~ Douglas Conant

Paychecks cant buy passion. ~ Brad Federman

People want to be appreciated, cared for, loved, trusted, and respected. But they also want to be understood, and if you master the skills to achieve that, you truly become exceptional. ~ Joe Navarro

Gratitude is a currency that we can mint for ourselves, and spend without fear of bankruptcy. ~ Fred De Witt Van Amburgh

At times, our own light goes out and is rekindled by a spark from another person. Each of us has cause to think with deep gratitude of those who have lighted the flame within us. ~ Albert Schweitzer

Showing gratitude is one of the simplest yet most powerful things humans can do for each other. ~ Randy Pausch

Develop an attitude of gratitude. Say thank you to everyone you meet for everything they do for you. ~ Brian Tracy

No duty is more urgent than that of returning thanks. ~ James Allen

The thankful receiver bears a plentiful harvest. ~ William Blake

If you are really thankful, what do you do? You share. ~ W. Clement Stone

Appreciation can make a day, even change a life. Your willingness to put it into words is all that is necessary. ~ Margaret Cousins

I was very pleased with your kind letter. Until now I never dreamed of being something like a hero. But since youve given me the nomination I feel that I am one. ~ Albert Einstein

Thanks will be a worthless word until a person tells it from heart. When a person thanks someone with full heart then the word will be big and worthy word and will have full meaning to the person. Or else it will remain small and valueless word if a person says it just for saying. ~ Salman Aziz

Dont forget, a persons greatest emotional need is to feel appreciated. ~ H. Jackson Brown Jr.

The deepest principle in human nature is the craving to be appreciated. ~ William James

It does not matter who is in your team, what matters is who they will become because of you. ~ Sunday Adelaja

Criticism, like rain, should be gentle enough to nourish a mans growth without destroying his roots. ~ Frank A. Clark

Everybody is looking for validation, no matter who you are, and I think that's a need of the human condition - to look for affection or recognition or validation. ~ Alejandro Gonzalez Inarritu

People want to be understood and respected as individuals. Years ago, an executive editor of mine said, You should count the number of times you praise somebody and then double that. Even the toughest, steeliest writer or editor often really wants to be told, Hey, that was a great piece. Early in my career as a manager, it probably took me a while to realize that everyone wants that. Its just a human need. ~ Cindi Leive

Make sure everybody in the company has great opportunities, has meaningful impact and is contributing to the good of the society. ~ Larry Page

People are the most important thing. Business model and product will follow if you have the right people. ~ Adam Neumann

What we need to do is always lean into the future; when the world changes around you and when it changes against you- what used to be your tail wind is now your head wind. You have to lean into that and figure out what to do, because complaining isnt a strategy. ~ Jeff Bezos

Treat your employee right so they wont use your Internet to look for new jobs. ~ Mark Zuckerberg

The way your employees feel is the way your customers feel. And if your employees dont feel valued, neither will your customers. ~ Sybil F. Stershic

Productivity of work is not the responsibility of the worker but of the manager. ~ Peter F. Drucker

If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction and cash flow. ~ Jack Welch

Every employee can affect your companys brand, not just the frontline employees that are paid to talk to your customers. ~ Tony Hsieh

Motivating employees to work at their full potential is the main premise of successful management. ~ Eraldo Banovac

Good management consists of showing average people how to do the work of superior people. ~ John D. Rockefeller

At the end of the day, you bet on people, not on strategies. ~ Lawrence Bossidy

In order to build a rewarding employee experience, you need to understand what matters to your people. ~ Julie Bevacqua

Human resources isnt a thing we do. Its a thing that runs our business. ~ Steve Wynn

Treating employees benevolently shouldnt be viewed as an added cost that cuts into profit, but as a powerful energizer that can grow the enterprise into something far greater than the leader could envision. ~ Howard Schultz

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Top 102 Employee Recognition Quotes To Celebrate Their Endeavours - Vantage Circle

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June 11th, 2024 at 2:50 am

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Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind – CoinDesk

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated .

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

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June 11th, 2024 at 2:50 am

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Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered – CoinDesk

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Bitcoin (BTC) remains on track to touch the aspirational $150,000 level by the end of this year as spot BTC exchange-traded funds (ETFs) continue to see significant inflows.

I am sticking with my end-2024 $150K and end-2025 $200K forecasts for BTC, Standard Chartereds forex and digital assets research head Geoffrey Kendrick said in a Thursday note shared with CoinDesk. Before then, if tomorrows payrolls data are friendly I would expect a fresh all-time-high to be reached over the weekend.

As we approach the U.S. election, I expect $100K to be reached and then $150k by year-end in the case of a Trump victory, Kendrick added. As of Thursday, crypto traders on Polymarket are betting 56% odds of Trump being in office, compared to 36% for incumbent Joe Biden.

Sentiment for bitcoin and the broader crypto market has risen since May on the listing approval for ether (ETH) ETFs and support for the industry among U.S. political parties.

ETFs crossed $15 billion in net inflows on Tuesday for the first time since going live in January, boosting sentiment among bitcoin traders. Inflow activity has picked up recently after a dismal few weeks from mid-April to early May, a period that saw zero net inflows on some days and even outflows from major ETFs such as BlackRocks IBIT.

Spot bitcoin ETFs saw over $880 million in inflows on Tuesday, led by Fidelitys FBTC. This was the best day of inflows since March and the second-highest overall.

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Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered - CoinDesk

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Cryptocurrency Prices And News: Bitcoin Slides Near $71000 After Jobs Report – Investor’s Business Daily

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Bitcoin Braced To Go ‘Parabolic’ After ‘Amazing’ 2017 Price Breakout Repeat – Forbes

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Bitcoin has moved sharply higher this week, topping $70,000 per bitcoin after the Federal Reserve made a surprise "admission."

Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and "uncover blockchain blockbusters poised for 1,000% plus gains" in the aftermath of bitcoin's halving earthquake!

The bitcoin price has come back to within touching distance of its all-time high as a top Goldman Sachs executive hails an "astonishing turning point."

Now, with U.S. Treasury secretary Janet Yellen issuing a huge $34 trillion warning that could trigger bitcoin price chaos, bitcoin has been seen to mirror a price pattern last seen in 2017just before bitcoin's "parabolic" price run.

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Bitcoin has moved sharply higher this year, putting the bitcoin price back above its 2021 all-time ... [+] high.

"You're looking at the first breakout of bitcoin against M1 money supply since March 2017 when it went historically parabolic for 9 months," an anonymous bitcoin analyst posted to X alongside a chart that showed bitcoin's breakout and retest of a so-called Bollinger band as it last did in 2017.

Bollinger bands are used by traders to chart price and volatility trends while the M1 money supply refers to cash in the economy.

"Dramatic chart," closely-followed technical analysis trader Peter Brandt replied. "This chart is amazing."

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The bitcoin price rocketed after a fleet of Wall Street ETFs hit the market.

In 2017, the bitcoin price started the year at under $1,000 per bitcoin before rocketing to a peak of around $20,000 per bitcoin in December 2017.

"Technically, bitcoin has already broken the resistance of the descending channel and is testing horizontal resistance," Alex Kuptsikevich, senior market analyst with FxPro, said in emailed comments. "The ability to go above $71,000 opens the way for a renewal of historical highs, which could happen very quickly."

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Bitcoin Braced To Go 'Parabolic' After 'Amazing' 2017 Price Breakout Repeat - Forbes

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June 11th, 2024 at 2:50 am

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Crypto Prices Today June 11: Bitcoin Slips to $67K, ETH Below $3,600 While INJ & GNO Rally 4-9% – CoinGape

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XRP Price Near $0.5 Level As Whales Stir 87M Coins, Whats Next?

Against the backdrop of the crypto markets tumbled price movement today, XRP, one of the largest cryptocurrencies by market cap, has piqued significant investor attention. With its price fluctuating near

1 min ago 24/7 Cryptocurrency News

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Crypto Prices Today June 11: Bitcoin Slips to $67K, ETH Below $3,600 While INJ & GNO Rally 4-9% - CoinGape

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Best Places to Buy Bitcoin in 2024 – The Motley Fool

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We have yet to find a perfect place to buy Bitcoin. But if you want to know the best place to buy Bitcoin for you, the answer will depend on the features that matter most to you. Here are a few that you should consider when evaluating the best cryptocurrency exchanges, brokers, and apps.

The cost of buying and selling Bitcoin can vary dramatically from one crypto exchange platform to another. While it shouldn't be the only factor you consider, it's important to know what you'll pay on each platform you're considering. When considering fees, check to see what spread the platform charges, as this can push the cost up considerably.

All of the places on the above list will let you buy Bitcoin. But if you want to invest in other cryptocurrencies or begin crypto trading, you'll want to look for a platform that has a good selection. If you'd like to invest in Bitcoin and stocks in the same place, you'll need a platform that offers that.

Some of the biggest cryptocurrency exchanges have extensive libraries of articles, videos, and tutorials to help users learn about Bitcoin and other cryptocurrencies. This can be a big differentiator when looking for the best place to buy Bitcoin, even for people who already understand how Bitcoin works.

Depending on the investor, this could mean different things. For example, someone who is looking to buy their first Bitcoin and only plans to occasionally buy and sell the digital currency may want as simple of a user interface as possible. On the other hand, an active and experienced Bitcoin trader might want a trading platform with many features (charting tools, order options, etc.).

We touched on safety above, but it bears repeating. There's no point in investing in Bitcoin only to lose your assets if the platform collapses or is hacked. Research the risks involved and look for crypto exchanges that are transparent about their security, assets, and insurance.

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Best Places to Buy Bitcoin in 2024 - The Motley Fool

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Bitcoin’s short-term holder realized price hits $64,000, confirming BTC rally – Cointelegraph

Posted: at 2:50 am


The realized price of Bitcoin short-term holders (STHs) is increasing, indicating that BTCs uptrend will continue as the price broke above $70,000 on June 10.

When the price of Bitcoin (BTC) rose from around $68,000 to $70,232 over the last seven days, the realized price of short-term holdersthe average acquisition price for coins moved within the last 155 days and held outside exchange reservesrose by 1.5% over the same time frame, according to James Van Straten, a lead analyst at Cryptoslate.

This group mainly consisted of those who purchased BTC before and after the approval of the U.S. spot Bitcoin ETF in January, just before it breached its previous all-time high of $69,000 in March.

Using data from market intelligence firm Glassnode, Van Straten noted that STH realized price has been steadily increasing, nearing $64,000, indicative of Bitcoins uptrend over the last 18 months.

As long as Bitcoin holds above $64,000 for the next few months, the long-term outlook for Bitcoin price will remain bullish as this level acts as a significant support zone.

At the time of publication, BTC is trading at $70,090 and is enjoying robust support on the downside compared to the resistance it faced in its recovery path.

This was corroborated by data from IntoTheBlock, whose In/Out of the Money Around Price (IOMAP) model showed that the immediate support for the price around $69,000 was where approximately 1.3 million were previously bought by more than 2.22 million addresses.

Any attempts to pull the price lower may be met by aggressive buying from this cohort of investors who would like to increase their profits.

Related: BTC price settles at $69K after dip wipes $1.3B Bitcoin open interest

Additional data from CryptoQuant reveals a spike in Taker Buy Sell Ratio on the HTX crypto exchange.

The Taker Buy Sell Ratio is a key metric used by traders to gauge market sentiment and potential price movements. A ratio above one suggests more takers are buying than selling, indicating bullish sentiment, while a ratio below one suggests the opposite.

Independent trader Ali Martinez observed that this ratio had spiked to 730, a rare occurrence signaling exceptionally strong buy-side pressure on the HTX exchange.

Generally, the spike in the Taker Buy Sell Ratio suggests that a significant number of investors are currently buying Bitcoin in anticipation of further price increases. This surge in buying activity often precedes notable price jumps.

In another X post, Martinez observed a spike in the number of daily active addresses on the Bitcoin network, breaking a downtrend that started on March 5! He shared a chart from Santiment showing that 765,480 more addresses were active on the Bitcoin blockchain over the last 24 hours.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Bitcoin's short-term holder realized price hits $64,000, confirming BTC rally - Cointelegraph

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June 11th, 2024 at 2:50 am

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