Bitcoin price hits $32K but derivatives metrics still show signs of weakness
Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive. Go to Source Powered by WPeMatico
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Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Go to Source Powered by WPeMatico
Historically low spot volumes and investor indecision weigh on Bitcoin price
Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders. Go to Source Powered by WPeMatico
Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst. Go to Source Powered by WPeMatico
Altcoin Roundup: Data shows social metrics surge ahead of DeFi and NFT price rallies
Analyzing Twitter mentions and Google Trends data is another way traders keep an eye on emerging trends and sector rotations in the cryptocurrency ecosystem. Go to Source Powered by WPeMatico
Analyst highlights 3 macro metrics that clearly show DeFi sector growth
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand. Go to Source Powered by WPeMatico
Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls. Go to Source Powered by WPeMatico
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Go to Source Powered by WPeMatico
FLOW faces 20% crash risk after intraday pump-and-dump
A recent rundown in the FLOW market has activated a bearish technical pattern, risking huge declines in the sessions ahead. Go to Source Powered by WPeMatico
Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo. Go to Source Powered by WPeMatico
