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
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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
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2 key indicators cast doubt on the strength of the current crypto market recovery
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TMX Group Canada to unveil crypto futures product later this year
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Ethereum price holds above $3K but network data suggests bulls may get trapped
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Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support
Bulls seek to flip $44,000 to support and analysts forecast further upside for BTC, calling the asset “the Amazon of our time.” Go to Source Powered by WPeMatico
From Morgan Stanley to crypto world: in a conversation with Phemex founder
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Bitcoin price closes in on $40K, but pro traders are still skeptical
Traders expect BTC to flip $40,000 back to support soon, but derivatives metrics signal that a different outcome could occur. Go to Source Powered by WPeMatico