Fuel for a broader Bitcoin rally? BTC dip fills futures gap, liquidating $1 billion
A CME gap closed at around $55,504 as the price of Bitcoin steeply dropped following the new weekly candle. Go to Source Powered by WPeMatico
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Here’s how Eth2, DeFi and Bitcoin price will impact Ethereum’s CME futures
Investors are nervous that this week’s CME ETH futures launch will be a repeat of Bitcoin’s 2017 CME launch but data suggests otherwise. Go to Source Powered by WPeMatico
Bitcoin Taps $48K- Traders Discuss Overheated Stats and a Possible Chinese New Year Dump
The price of bitcoin soared to new heights after Tesla informed the public that it added $1.5 billion to the company’s balance sheet. Bitcoin touched an all-time high (ATH) reaching $48,216 per unit and has retreated in value a hair since then. While crypto enthusiasts are bullish, a few supporters and analysts believe the crypto … Read more
ETH represented 80% of last week’s institutional crypto inflows
Institutions were aggressively accumulating ETH in the lead up to the launch of CME futures, with Ether products representing 80% of last week’s institutional crypto inflows. 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
Bitcoin Price Surpasses $44k Handle, ETH Futures Launch, Tesla’s Balance Sheet BTC Praised
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
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
Here’s why Bitcoin price is struggling to reclaim $38,000
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 price returns to troubled waters hours after Elon Musk’s BTC tweet
Bitcoin’s current volatility reflects traders’ excitement as the price bounces between key support and resistance levels. Go to Source Powered by WPeMatico
Institutional frenzy continues as CME Bitcoin trades at over 1% premium
Wall Street’s preferred Bitcoin future shows few are willing to be short on BTC. Go to Source Powered by WPeMatico