Bitcoin’s current setup creates an interesting risk-reward situation for bulls
A slight improvement in equities markets and the resilience of a few key BTC price metrics are giving bulls hope of a reversal. Go to Source Powered by WPeMatico
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Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors. Go to Source Powered by WPeMatico
Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry
Bitcoin is holding the $30,000 level, but the $640 million in BTC options that expire on May 20 could result in the price visiting recent lows. Go to Source Powered by WPeMatico
Lost SOL? Persistent challenges continue to impact Solana price
SOL price has been repeatedly knocked down by network outages, a shrinking total value locked on the network and futures traders’ disinterest in trading the altcoin. Go to Source Powered by WPeMatico
Dutch regulator says crypto not yet suitable as means of payment or investment
Paul-Willem van Gerwen from the AFM believes the retail investors should forbear the crypto derivatives trade . Go to Source Powered by WPeMatico
BitMEX launches spot crypto exchange following $30M penalty
Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now. Go to Source Powered by WPeMatico
Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers. Go to Source Powered by WPeMatico
Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining
BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears. Go to Source Powered by WPeMatico
3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry
BTC price is in a freefall and data suggests bears plan to keep the price below $30,000 until the May 13 options expiry. Go to Source Powered by WPeMatico
Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000. Go to Source Powered by WPeMatico