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
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Three Arrows Capital fund moves over 300 NFTs to a new address
According to blockchain provider Nansen, hundreds of NFTs have been moved from the 3AC-linked fund to a Gnosis Safe address. Go to Source Powered by WPeMatico
3 Bitcoin price metrics suggest today’s 10% pump marked the final cycle bottom
Is the BTC bottom finally in? Data suggests that bears might be losing their tight grip on the market. Go to Source Powered by WPeMatico
Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs
BTC nose-dived to its lowest level since July 13, but data shows pro traders remain skeptical of a quick recovery. Go to Source Powered by WPeMatico
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows. Go to Source Powered by WPeMatico
FTX on the verge of purchasing BlockFi in $25M in fire sale
The cryptocurrency derivatives exchange could potentially buy out the troubled lender for pennies on the dollar. Go to Source Powered by WPeMatico
Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital
According to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) court. The report does not disclose what type of assets face liquidation, but the sources remarked … Read more
Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic
Bitcoin’s derivatives metrics reflect slight improvements since the $17,600 low, but whales and market makers continue to price higher risk of another breakdown. Go to Source Powered by WPeMatico
Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?
Pro traders were forced to cut their losses after margin and futures markets became over-leveraged, creating a potential entry point for bullish buyers. Go to Source Powered by WPeMatico
BTC price crashes to $20.8K as ‘deadly’ candles liquidate $1.2 billion
Carnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000. Go to Source Powered by WPeMatico
