2 metrics signal traders do not expect $2T crypto market cap anytime soon
Despite only one coin among the top-80 declining over the past week, Tether and futures premiums show a lack of excitement in the market. Go to Source Powered by WPeMatico
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Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows
A symmetrical triangle shows support at $38,000 but pro traders have failed to add leverage long positions, according to exchanges’ data. Go to Source Powered by WPeMatico
Bitcoin’s got 3 strikes, but investors remain calm despite price drop
Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors’ lack of excitement. Go to Source Powered by WPeMatico
Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen
BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments. Go to Source Powered by WPeMatico
Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K
ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end. Go to Source Powered by WPeMatico
CME Group plans to launch micro-sized Bitcoin and Ether options
The futures options, expected to start trading on March 28, will come more than two years after the CME Group launched a BTC options trading product in January 2020. Go to Source Powered by WPeMatico
2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K
The entire crypto market is green today, and derivatives metrics suggest that BTC’s bullish reversal will flip $40,000 back to support. Go to Source Powered by WPeMatico
Bitcoin traders say $34K was the bottom, but data says it’s too early to tell
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. Go to Source Powered by WPeMatico
Overwhelming support for Grayscale BTC Trust ETF conversion proposal
Investors air their thoughts as to why the SEC should approve the conversion of Grayscale’s BTC Trust into a spot ETF. Go to Source Powered by WPeMatico
Injective Protocol (INJ) rallies 100%+ after launching cross-chain support for Cosmos
INJ books a 100%+ gain shortly after the release of the Injective Bridge v2 and the launch of DEX-based perpetual futures for ATOM. Go to Source Powered by WPeMatico
