Bitcoin open interest jumps $1.3B following Fed’s ‘dovish’ minutes
Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21. Go to Source
10x Research
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Bitcoin technical indicators ‘improving’ at $59K may trigger short squeeze
Bitcoin technical indicators are “improving” — meaning a short squeeze may be “inevitable,” according to crypto analysts. Go to Source
Bitcoin $59K price may swing ‘drastically’ amid election year parallels
If Bitcoin follows the same pattern as previous election years, August will be “nothing crazy,” but a breakout may occur within a month or two, according to a crypto analyst. Go to Source
Institutions not so interested in Bitcoin at $58K, metric shows
10x Research’s Markus Thielen says there’s one stablecoin metric that is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now. Go to Source
Bitcoin needs ‘low $40,000s’ for best bull market entry — 10x Research
A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point. Go to Source
Crypto products shed $528M amid recession fears — CoinShares
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000. Go to Source
Bitcoin on edge as economy falters: 10x report
Findings from a 10x Research report reveal potential Bitcoin value drop below $50,000 amid US economic uncertainty, impacting the broader crypto market. Go to Source
Ethereum ETF sell-off signals more trouble: 10x Research
According to insights from 10x Research, the recent launch of the Ethereum ETF triggered a sell-off and revealed shifting market dynamics. Go to Source
Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves
On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp, and Kraken. Bearish Sentiment Grows as Bitcoin Continues to Slide Bitcoin’s … Read more
Bitcoin will crash to $50K, 10x Research warns
According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows. Go to Source
