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
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Pro traders adopt a hands-off approach as Bitcoin price explores new lows
Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried. Go to Source Powered by WPeMatico
Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market. Go to Source Powered by WPeMatico
Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain. Spanish Securities Regulator Sets Eyes on Binance The CNMV, which is the … Read more
Descending channel pattern and weak futures data continue to constrain Ethereum price
ETH derivatives metrics and technical analysis point toward further downside for Ethereum price. Go to Source Powered by WPeMatico
3 key metrics signal Terra (LUNA) price is preparing for a recovery
LUNA price is far from its all-time high but three key metrics signal that the altcoin could be preparing to rally. Go to Source Powered by WPeMatico
3 reasons why Bitcoin price is clinging to $38,000
BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold. Go to Source Powered by WPeMatico
Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade volumes typically suggest overall interest … Read more
2 key metrics point toward further downside for the entire crypto market
Futures data and decreased demand for Tether signal that the crypto market is set for another round of pain. Go to Source Powered by WPeMatico
Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement
SNX price got a boost after the project geared up for participation in the L2 Curve Wars and Optimism airdrop hunters engaged with the protocol. Go to Source Powered by WPeMatico
