Key Bitcoin price metric shows pro traders increased their BTC longs
Data shows pro traders increased leveraged long positions even as the Bitcoin price traded in a tight range this week. Go to Source Powered by WPeMatico
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Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says
Kraken’s head of growth, Dan Held, thinks Bitcoin could reach $1 million within the current market cycle. Go to Source Powered by WPeMatico
Messari CEO thinks a fresh wave of crypto regulation could be imminent
After nearly a decade of progress since Bitcoin’s inception, regulators could be gearing up for further action, given the industry’s recent growth. Go to Source Powered by WPeMatico
Bitcoin bulls ‘hold back’ as BTC’s monthly futures expiry approaches
Bitcoin price briefly rallied above $60,000 but analysts say bulls are holding dry powder until after the March BTC futures expiry. Go to Source Powered by WPeMatico
Bank of America analyst slams Bitcoin : Buying 1 BTC is ‘like owning 60 cars’
It looks like 2017 called and wants its Bitcoin condemnation back, with a Bank of America analyst reheating some long standing criticisms of BTC for its clients. Go to Source Powered by WPeMatico
$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements
Bitcoin bulls are making a renewed push toward $60,000 after the Federal Reserve and Morgan Stanley made announcements that could bode well for BTC price. Go to Source Powered by WPeMatico
High priced $80K Bitcoin options signal pro traders expect more upside
Bitcoin’s recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded. Go to Source Powered by WPeMatico
Altcoins spike to new highs while Bitcoin bulls aim to recapture $57K
Terra (LUNA), Basic Attention Token and Cardano spiked to new highs as Bitcoin and Ethereum attempted to recover from their recent correction. Go to Source Powered by WPeMatico
Bulls favored ahead of record $6.1B Bitcoin options expiry on March 26
Up to $6.1 billion worth of Bitcoin options are set to expire on March 26 but derivatives data suggests that the expiry favors bullish traders. Go to Source Powered by WPeMatico
Bullish case for Ethereum strengthens as exchange ETH outflows outpace Bitcoin
Ethereum exchange reserves are falling quickly with outflows hitting yearly highs and boosting market sentiment around ETH. Go to Source Powered by WPeMatico