{"id":523378,"date":"2023-03-16T13:30:44","date_gmt":"2023-03-16T13:30:44","guid":{"rendered":"https:\/\/wncen.com\/?p=523378"},"modified":"2024-06-11T08:03:07","modified_gmt":"2024-06-11T08:03:07","slug":"bitcoin-coinbase-premium-declines-green-bullish","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/","title":{"rendered":"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?"},"content":{"rendered":"

Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price.<\/p>\n

Bitcoin Coinbase Premium Index Has Registered A Decrease Recently<\/h2>\n

As pointed out by an analyst in a CryptoQuant post<\/a>, the BTC Coinbase Premium Index hit a new all-time high just a few days ago. The “Coinbase Premium Index<\/a>” here is an indicator that measures the percentage difference between the Bitcoin price listed on Coinbase and that on Binance.<\/p>\n

Usually, Binance<\/a> receives global traffic, while the Coinbase userbase is more heavily dominated by investors based in the US. Large American institutions, especially, are popularly known to prefer the exchange.<\/p>\n

This means that the Coinbase Premium Index can give us an idea about which of the userbases are currently buying more (or selling more) of the cryptocurrency.<\/p>\n

When the value of this metric is positive, it means the price listed on Coinbase is more than that on Binance right now. This kind of trend implies that US investors are putting a higher amount of buying pressure (or alternatively, they are applying a lower amount of selling pressure) compared to the worldwide users.<\/p>\n

Related Reading: Bitcoin Bearish Signal: Exchanges Observe Growing Reserves<\/a><\/div>\n

On the other hand, the metric having negative values suggests a higher degree of selling has been taking place by the American investors than the global Binance userbase.<\/p>\n

Now, here is a chart that shows how the Bitcoin Coinbase Premium Index has changed recently:<\/p>\n

\"Bitcoin<\/p>\n

The value of the metric seems to have been quite high in recent days | Source: CryptoQuant<\/a><\/pre>\n
As displayed in the above graph, the Bitcoin Coinbase Premium Index shot up inside the positive zone as the Silicon Valley Bank<\/a> debacle took place a few days back. During this spike, the indicator set a new all-time high of about 1, which means that the price listed on Coinbase was around 1% more than on Binance.<\/p>\n
Shortly after the metric started to surge, the price of the cryptocurrency also began to lift off. This was a sign that the buying pressure from the US investors on Coinbase was a factor in the asset’s value shooting up.<\/p>\n
After the price peaked above $26,000, however, the Coinbase Premium Index started sliding off, and the indicator has now fallen to just under 0.4 as the BTC price has also observed a plunge below the $25,000 level.<\/p>\n
Related Reading: Bitcoin Price Set To Rally As Macro Backdrop Is Perfect, Here\u2019s Why<\/a><\/div>\n
The fact that the buying pressure dropping off on Coinbase was followed by the price also seeing a decline may be further evidence that it was indeed the accumulation from the American investors that was fueling the surge.<\/p>\n
Nonetheless, even with the decline, the indicator’s value is still pretty positive, which means that the buying pressure hasn’t completely disappeared yet. This could be a bullish sign for the asset’s price, as it may show that some US investors are still backing the potential of the cryptocurrency’s rise to continue.<\/p>\n
BTC Price<\/h2>\n
At the time of writing, Bitcoin is trading around $24,800, up 15% in the last week.<\/p>\n
\"Bitcoin<\/p>\n
BTC has retraced from the above $26,000 high | Source: BTCUSD on TradingView<\/a><\/pre>\n
Featured image from Aleksi R\u00e4is\u00e4 on Unsplash.com, charts from TradingView.com, CryptoQuant.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price. Bitcoin Coinbase Premium Index Has Registered A Decrease Recently As pointed out by an analyst in a CryptoQuant post, the BTC Coinbase Premium Index hit a new all-time high just a few days ago. The “Coinbase Premium Index” here is an indicator that measures the percentage difference between the Bitcoin price listed on Coinbase and that on Binance. Usually, Binance receives global traffic, while the Coinbase userbase is more heavily dominated by investors based in the US. Large American institutions, especially, are popularly known to prefer the exchange. This means that the Coinbase Premium Index can give us an idea about which of the userbases are currently buying more (or selling more) of the cryptocurrency. When the value of this metric is positive, it means the price listed on Coinbase is more than that on Binance right now. This kind of trend implies that US investors are putting a higher amount of buying pressure (or alternatively, they are applying a lower amount of selling pressure) compared to the worldwide users. Related Reading: Bitcoin Bearish Signal: Exchanges Observe Growing Reserves On the other hand, the metric having negative values suggests a higher degree of selling has been taking place by the American investors than the global Binance userbase. Now, here is a chart that shows how the Bitcoin Coinbase Premium Index has changed recently: The value of the metric seems to have been quite high in recent days | Source: CryptoQuant As displayed in the above graph, the Bitcoin Coinbase Premium Index shot up inside the positive zone as the Silicon Valley Bank debacle took place a few days back. During this spike, the indicator set a new all-time high of about 1, which means that the price listed on Coinbase was around 1% more than on Binance. Shortly after the metric started to surge, the price of the cryptocurrency also began to lift off. This was a sign that the buying pressure from the US investors on Coinbase was a factor in the asset’s value shooting up. After the price peaked above $26,000, however, the Coinbase Premium Index started sliding off, and the indicator has now fallen to just under 0.4 as the BTC price has also observed a plunge below the $25,000 level. Related Reading: Bitcoin Price Set To Rally As Macro Backdrop Is Perfect, Here\u2019s Why The fact that the buying pressure dropping off on Coinbase was followed by the price also seeing a decline may be further evidence that it was indeed the accumulation from the American investors that was fueling the surge. Nonetheless, even with the decline, the indicator’s value is still pretty positive, which means that the buying pressure hasn’t completely disappeared yet. This could be a bullish sign for the asset’s price, as it may show that some US investors are still backing the potential of the cryptocurrency’s rise to continue. BTC Price At the time of writing, Bitcoin is trading around $24,800, up 15% in the last week. BTC has retraced from the above $26,000 high | Source: BTCUSD on TradingView Featured image from Aleksi R\u00e4is\u00e4 on Unsplash.com, charts from TradingView.com, CryptoQuant.com<\/p>\n","protected":false},"author":542,"featured_media":523394,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,85693,87965,87373,1119,1144],"class_list":["post-523378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-bullish-signal","tag-bitcoin-coinbase-premium","tag-bitcoin-coinbase-premium-index","tag-btc","tag-btcusd"],"acf":[],"yoast_head":"\nBitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?<\/title>\n<meta name=\"description\" content=\"Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?\" \/>\n<meta property=\"og:description\" content=\"Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-16T13:30:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:03:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?\",\"datePublished\":\"2023-03-16T13:30:44+00:00\",\"dateModified\":\"2024-06-11T08:03:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/\"},\"wordCount\":530,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533\",\"keywords\":[\"bitcoin\",\"Bitcoin Bullish Signal\",\"Bitcoin Coinbase Premium\",\"Bitcoin Coinbase Premium Index\",\"btc\",\"btcusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/\",\"name\":\"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533\",\"datePublished\":\"2023-03-16T13:30:44+00:00\",\"dateModified\":\"2024-06-11T08:03:07+00:00\",\"description\":\"Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533\",\"width\":2560,\"height\":1533,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/wncen.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?","description":"Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?","og_description":"Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price.","og_url":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-03-16T13:30:44+00:00","article_modified_time":"2024-06-11T08:03:07+00:00","og_image":[{"width":2560,"height":1533,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533","type":"image\/jpeg"}],"author":"Keshav Verma","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?","datePublished":"2023-03-16T13:30:44+00:00","dateModified":"2024-06-11T08:03:07+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/"},"wordCount":530,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533","keywords":["bitcoin","Bitcoin Bullish Signal","Bitcoin Coinbase Premium","Bitcoin Coinbase Premium Index","btc","btcusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/","url":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/","name":"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533","datePublished":"2023-03-16T13:30:44+00:00","dateModified":"2024-06-11T08:03:07+00:00","description":"Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533","width":2560,"height":1533,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/wncen.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?","url":"http:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-coinbase-premium-declines-green-bullish\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin bullish signal","bitcoin coinbase premium","bitcoin coinbase premium index","btc","btcusd"],"dateCreated":"2023-03-16T13:30:44Z","datePublished":"2023-03-16T13:30:44Z","dateModified":"2024-06-11T08:03:07Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-coinbase-premium-declines-green-bullish\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-coinbase-premium-declines-green-bullish\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin bullish signal\",\"bitcoin coinbase premium\",\"bitcoin coinbase premium index\",\"btc\",\"btcusd\"],\"dateCreated\":\"2023-03-16T13:30:44Z\",\"datePublished\":\"2023-03-16T13:30:44Z\",\"dateModified\":\"2024-06-11T08:03:07Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/aleksi-raisa-DCCt1CQT8Os-unsplash-scaled.jpg?fit=2560%2C1533","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/523378"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=523378"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/523378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/523394"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=523378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=523378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=523378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}