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Fear mounted as the FBI announced that it helped Colonial Pipeline retrieve a portion of its BTC ransom payment, but can the government actually take over Bitcoin and the network? Go to Source Powered by WPeMatico
Not everyone is bearish after Bitcoin price dropped from $40,000 to $30,000 and back up again. Go to Source Powered by WPeMatico
Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures Lead Not too long ago, Bitcoin.com’s … Read more
Analysts frequently correlate a high perpetual futures funding rate with market crashes, but is this the best way to analyze the metric? Go to Source Powered by WPeMatico
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
Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue. Go to Source Powered by WPeMatico
Large corporations are buying Bitcoin at an accelerating pace, but pro traders are reluctant to open BTC longs while the dollar index strengthens. Go to Source Powered by WPeMatico
Data shows pro traders opened new leveraged long positions even as Bitcoin price dropped to $45,000 and $5.9 billion in futures contracts were liquidated. Go to Source Powered by WPeMatico
Today’s $1.6 billion Bitcoin liquidation event might have flushed out some over-leveraged retail investors, but the overall market is still positioned in favor of bulls. Go to Source Powered by WPeMatico
Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month after month as incoming interest has created more demand for CME’s bitcoin … Read more
