Meme coins reflect a higher beta to the entire crypto sector, but does their recent 25% price drop signal a deepening bear market for BTC, ETH and large caps?
Category: Sentiment
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Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets.
Jimbos Protocol offers deal to hacker, threatens police action
The deal was posted to both the Ethereum network and the protocol’s official Twitter channel.
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Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals
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Scaramucci: ‘We’re through the bear market’ as Bitcoin notches up 70% YTD
Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points.
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Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time high
Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago.
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89% still trust centralized custodians despite 2022’s collapses: Survey
A January survey from Paxos found that 89% of respondents still trusted “intermediaries” to hold their crypto, despite the collapses and bankruptcies in 2022.
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Bitcoin steps out of ‘Fear’ for the first time in nine months
The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.
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FTX collapse won’t impact everyday use of crypto in Brazil: Transfero CEO
The fall of FTX undoubtedly hurt investor sentiment toward crypto, but it won’t change its popularity as a means for cross-border transactions.
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Institutional investors headed for a tipping point on crypto — Apollo Capital
Apollo Capital CIO Henrik Andersson said there will come a point when not investing in crypto will be a “career risk.”
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