Stablecoin flows hint at $50K Bitcoin after Tesla pump liquidates $500M in BTC shorts
Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000. Go to Source Powered by WPeMatico
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Bitcoin price hits $46,794 as altcoins, stocks rally to new highs
Bitcoin price hit a new all-time high at $46,794 on the same day Tesla revealed its $1.5 billion investment into BTC and stock markets rallied to new highs. Go to Source Powered by WPeMatico
Rising Bitcoin futures funding rate signals traders expect $50,000 BTC
Bitcoin perpetual futures buyers are paying a 5.4% weekly funding rate to keep their positions open, but is this sustainable? Go to Source Powered by WPeMatico
Bitwise files intent with SEC to launch ‘Crypto Innovators ETF’
A recent SEC filing by Bitwise reveals plans to launch a new crypto innovators fund. Go to Source Powered by WPeMatico
Tesla allocates 7.7% of gross cash to Bitcoin
Breaking down Tesla’s Bitcoin purchase reveals the emergence of a new corporate whale. Go to Source Powered by WPeMatico
Bitcoin goes into ludicrous mode as it briefly flippens Tesla
The crypto asset overtook Tesla Motors in market capitalization following an announcement that the car manufacturer had invested in Bitcoin. Go to Source Powered by WPeMatico
CME Ethereum futures go live, Bitcoin caps its best week ever: 5 things to watch this week
With its best-ever weekly close in the bag, Bitcoin is set to vie with Ether and the new “altseason” for supremacy this week. Go to Source Powered by WPeMatico
Major correction for DeFi as Bitcoin rejected again above $40K: What’s next?
The DeFi market has corrected hard as Bitcoin dropped below $40,000, but analysts say a recovery is likely. Go to Source Powered by WPeMatico
Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started. Go to Source Powered by WPeMatico
Launching in 3, 2… Here’s why Bitcoin breaking $40,000 is different than last time
Bitcoin broke $40,000 in a strong recovery rally over the past three days as BTC could stabilize above the key level in the foreseeable future. Go to Source Powered by WPeMatico