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
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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
The price of bitcoin touched a new all-time high on Monday after the community discovered that Elon Musk’s firm Tesla added $1.5 billion worth of bitcoin to the company’s balance sheet. At press time, bitcoin is meandering over the $43k handle and has an overall market capitalization of around $814 billion today. Crypto Markets Rise … Read more
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
Bitcoin price may have flipped $35,000 back to support but data shows this week’s 15% move may have prompted top traders to open short positions. Go to Source Powered by WPeMatico
Bitcoin’s current volatility reflects traders’ excitement as the price bounces between key support and resistance levels. Go to Source Powered by WPeMatico
Wall Street’s preferred Bitcoin future shows few are willing to be short on BTC. Go to Source Powered by WPeMatico
Data show pro traders are still bullish even as Bitcoin price dips below $30,000 and Friday’s $4 billion BTC options expiry approaches. Go to Source Powered by WPeMatico
Public companies hold more than $3.6 billion worth of Bitcoin, technology research Kevin Rooke found. Go to Source Powered by WPeMatico
Blackrock, the world’s largest asset manager with $7.81 trillion under management, is getting into bitcoin. The firm has filed with the U.S. Securities and Exchange Commission (SEC) for two of its funds to invest in bitcoin futures. Blackrock Gets Into Bitcoin Blackrock filed two “statements of additional information” with the SEC on Wednesday. One was … Read more
Last year was a volatile one for Bitcoin and other cryptocurrencies. Go to Source Powered by WPeMatico