Ethereum price hits $1.6K as markets expect the FED to ease the pressure
ETH price rose to its highest level since September, but data shows whales lack an appetite for leverage longs. Go to Source Powered by WPeMatico
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Bitcoin fails to break the $21K support, but bears remain shy
BTC futures and stablecoin margin data shows a lack of appetite from buyers even as Bitcoin gained 7.5% in a week. Go to Source Powered by WPeMatico
3 key Solana metrics explain exactly why SOL price is down
SOL price is down 29% since August, and three key metrics suggest bulls are in no rush to return. Go to Source Powered by WPeMatico
Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control
BTC nose-dived to its lowest level since Sept. 21, and data shows pro traders continue to avoid leverage longs. Go to Source Powered by WPeMatico
Ethereum open interest hits $7.7B, raising the chance of a short squeeze above $1.5K
The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears. Go to Source Powered by WPeMatico
Decentralized App BCH Bull Prepares for Launch, Platform Allows Users to Long or Hedge Bitcoin Cash Against a Myriad of Tradeable Assets
Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols, the engineers behind Anyhedge, revealed the team plans to launch a decentralized … Read more
Upside capped at $980B total crypto market, according to derivatives metrics
A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level. Go to Source Powered by WPeMatico
Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status
According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency exchange FTX, as the crypto company applied to become a derivative clearing organization and awaits approval from the U.S. Commodity Futures Trading Commission (CFTC). If … Read more
CFTC takes legal action against Digitex futures exchange and CEO
Many in the space have criticized regulators including the CFTC and SEC for taking a “regulation by enforcement” approach to crypto in the United States. Go to Source Powered by WPeMatico
Pro traders don’t expect Bitcoin to break and hold $20,000 anytime soon
Bears have controlled BTC price by forcing 111 daily closes below $25,000 and derivatives data shows a reversal of this trend is highly unlikely. Go to Source Powered by WPeMatico
