Bookmarking Crypto Insights
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Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market losses, as the bitcoin ETFs … Read more
Seventy days of straight “extreme fear” shows no end in sight as Bitcoin price action stays wedged around $20,000. Go to Source Powered by WPeMatico
ETH was back in the green, as markets reacted to the release of Shadow Fork 9. Bitcoin was well above $20,000 on Friday, as bulls returned to the crypto market following several days of consolidation. BTC was up by over 5% in today’s session, with ETH not only back into the $1,100 region, but above … Read more
After a relatively mellow week of sideways trading and cryptocurrency prices managing to hold support despite mounting bearish momentum, the global crypto market is up over 5% today, with the overall capitalization at over $930 billion at the time of writing. Bitcoin is up over 5% trading above $20k, while Ethereum and Solana prices soar … Read more
Bitcoin price recovers 11% from the week’s lows as one trader targets $21,700 next. Go to Source Powered by WPeMatico
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well. Go to Source Powered by WPeMatico
The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El Salvador. According to Bitfinex, the funds will initially target small businesses in Salvadoran communities located in Apopa, Ilopango, and Soyapango. Donated Funds to … Read more
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network. Go to Source Powered by WPeMatico
There is “no way” that Bitcoin price performance will not eclipse the recent $17,500, one analyst insists. Go to Source Powered by WPeMatico
Cryptocurrency markets are trading sideways today after Bitcoin and Ethereum prices struggled to hold support yesterday, dipping below the $20k and $1.1k levels. The release of CPI data showed rising inflation, and tech stocks tumbled yesterday, causing further market uncertainty. The good news is that stocks remained relatively steady yesterday, with the NASDAQ and S&P … Read more