What BitMEX scandal? Bitcoin futures data shows traders focused on $12K
Bitcoin futures and options sentiment held steady despite the BitMEX and Kucoin news, signaling a $12K bull run is near. Go to Source Powered by WPeMatico
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Why reduced Bitcoin futures volume may signal the start of a new bull trend
Volume and open interest in Bitcoin futures have been in a steady decline, but this could help catalyze the next rally. Go to Source Powered by WPeMatico
Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range
The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash per second (EH/s). As of … Read more
3 reasons why the CFTC action against BitMEX will not crash Bitcoin price
Bitcoin price declined by 4% after the CFTC revealed charges against BitMEX but BTC remains bullish in the long term. Go to Source Powered by WPeMatico
Bitcoin rises against USD after Mnuchin promises second stimulus check
$1,200 checks for Americans will definitely feature in any deal, says Steven Mnuchin, as DXY weakness opens up opportunities for Bitcoin gains. Go to Source Powered by WPeMatico
Spike in new participants buying Bitcoin is ‘obviously bullish’ — Analyst
Bitcoin price has been flat for nearly a month but on-chain data shows a bullish surge in new participants joining the network. Go to Source Powered by WPeMatico
Bitcoin vs. USD: why only a weaker dollar will push BTC above $20,000
Investors should keep an eye on the tight inverse correlation between the strength of the U.S. dollar and Bitcoin. Go to Source Powered by WPeMatico
At $10,600, Bitcoin price is on track for its second-best quarter ever
Data shows Bitcoin should seal both its best Q3 on record and its second-highest lifetime quarterly close on Sep. 30. Go to Source Powered by WPeMatico
93% of the top 250 coins declined in price in September
The DeFi hype faded in September, dragging prices with it. Go to Source Powered by WPeMatico
Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation. Devere … Read more