Bitcoin derivatives data shows pro traders ignored today’s $41K pump
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish. Go to Source Powered by WPeMatico
bitcoin futures
Auto Added by WPeMatico
JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors.” However, a number of people disagree with this … Read more
SEC and CFTC Caution Investors About Funds Trading in Bitcoin Futures
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have warned investors of the risks of investing in funds with exposure to bitcoin futures. The SEC published an investor alert on funds trading in bitcoin futures Thursday. The alert comes from the SEC’s Office of Investor Education and Advocacy (OIEA) … Read more
SEC warns investors of the risks with Bitcoin futures
The SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.” Go to Source Powered by WPeMatico
Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit
The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital currencies for speculation. Japan’s FSA Warns Bybit Fintech Limited Japan’s top regulator … Read more
Market enters a ‘wait-and-see phase’ as Bitcoin struggles below $40,000
Traders remain cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity while the crypto market awaits the next major move. Go to Source Powered by WPeMatico
Historically accurate Bitcoin metric suggests BTC price has bottomed out
Bitcoin bulls may get some respite from a derivatives market indicator that hints at a price bottom. Go to Source Powered by WPeMatico
Report: Over 100,000 African Youths Have Participated in Binance’s Crypto Education Initiative
According to reports, over 100,000 African youths have taken part in Binance’s crypto and blockchain education barely a year after the learning program was launched. Dubbed the Binance Masterclass, the education initiative is aimed at equipping newcomers with basic knowledge about cryptocurrencies. Also, as one report explains, the initiative seeks to stop young African traders … Read more
3 good reasons why $30,000 is probably the bottom for Bitcoin
Regulatory concerns, a bit of FUD and the uncertainties surrounding Tether appear to have exaggerated the Bitcoin price sell-off but derivatives data suggest that the bottom is likely in. Go to Source Powered by WPeMatico
Institutional investors dump Bitcoin for gold, JPMorgan analysts say
JPMorgan still sees a $140,000 Bitcoin price as a long-term theoretical target. Go to Source Powered by WPeMatico