Bitcoin network’s computing power: Is it an accurate predictor of BTC price?
Drops in Bitcoin’s hash rate coincided with some big BTC price corrections in the past. Go to Source Powered by WPeMatico
Market Analysis
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Ethereum bulls may reemerge after March $1.15B ETH options expiry
Up to $1.15 billion worth of Ethereum options are set to expire on March 26 and data suggests bullish traders may make a show of force after the expiry. Go to Source Powered by WPeMatico
Key Bitcoin price metric shows pro traders increased their BTC longs
Data shows pro traders increased leveraged long positions even as the Bitcoin price traded in a tight range this week. Go to Source Powered by WPeMatico
Cardano’s $1B futures open interest shows ADA is a serious contender
Cardano’s Coinbase listing helped push the open interest on its futures contracts above $1 billion, a signal that investors are seriously interested in ADA. Go to Source Powered by WPeMatico
3 key Chainlink price metrics signal LINK is gathering strength
Chainlink is down 3% from its all-time high, but on-chain and derivatives indicators show there is increasing interest from investors. Go to Source Powered by WPeMatico
High priced $80K Bitcoin options signal pro traders expect more upside
Bitcoin’s recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded. Go to Source Powered by WPeMatico
Ethereum bulls enticed by $1,750 support and lack of ETH liquidations
Ethereum miners and developers might be fighting over network upgrades but derivatives data shows investors are still wildly bullish. Go to Source Powered by WPeMatico
Bulls favored ahead of record $6.1B Bitcoin options expiry on March 26
Up to $6.1 billion worth of Bitcoin options are set to expire on March 26 but derivatives data suggests that the expiry favors bullish traders. Go to Source Powered by WPeMatico
Bullish uptrend intact as Bitcoin futures open interest hits $22.5B
Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue. Go to Source Powered by WPeMatico
Trading Bitcoin options is less risky than futures but mind the premium!
Trading Bitcoin options can be a great way to access leverage while avoiding the liquidation risk presented by futures contracts but investors must keep an eye on the premiums. Go to Source Powered by WPeMatico
