Key Bitcoin price metric signals traders are positioned for $50K BTC
A key Bitcoin price metric is signaling that top traders are comfortably positioned and expect BTC to secure the $50,000 level in the short term. Go to Source Powered by WPeMatico
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Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher
Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans. Go to Source Powered by WPeMatico
Record $584M Litecoin futures open interest signals institutional inflow
Open interest on Litecoin futures hit a record $584 million, a signal that institutional investors like Bitwise and Grayscale Investments are interested in the altcoin. Go to Source Powered by WPeMatico
Bitcoin Price Analysis: BTC Springing to New Highs
The Bitcoin seems to never get tired of renewing highs. On Tuesday, February 9th, the flagship cryptocurrency is trading at 47,137 USD. The D1 of BTC/USD has not changed much lately, so the pair keep growing. The aim of the ascending impulse might be 51,000 USD. The MACD histogram is positive, rising steadily, increasing the … Read more
Rising Bitcoin futures funding rate signals traders expect $50,000 BTC
Bitcoin perpetual futures buyers are paying a 5.4% weekly funding rate to keep their positions open, but is this sustainable? Go to Source Powered by WPeMatico
Whales profit as high Ethereum gas fees sideline retail DeFi investors
High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales. Go to Source Powered by WPeMatico
Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started. Go to Source Powered by WPeMatico
Bullish $10K Ethereum call options excite traders but there’s a catch
December’s $10,000 Ethereum calls options have started to pick up volume, but are traders really expecting ETH to reach this level? Go to Source Powered by WPeMatico
Here’s why Bitcoin price is struggling to reclaim $38,000
Bitcoin price may have flipped $35,000 back to support but data shows this week’s 15% move may have prompted top traders to open short positions. Go to Source Powered by WPeMatico
Bitcoin bulls target $40K as Friday’s $1B BTC options expiry approaches
Friday’s $1 billion Bitcoin options expiry is tilted toward bulls who have set their sights on the $40,000 level. Go to Source Powered by WPeMatico
