Data show bulls are in charge of this month’s $3.2B Bitcoin options expiry
Bitcoin’s rally above $56,000 shifted Friday’s options expiry entirely in favor of bulls Go to Source Powered by WPeMatico
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Key Ethereum price metric signals pro traders are skeptical about $2K ETH
Data suggest retail traders are over-optimistically using leverage to long Ethereum, whereas pro traders remain skeptical about ETH’s short-term prospect of reaching $2,000. Go to Source Powered by WPeMatico
Polkadot indicator? Data shows Bitcoin has been following DOT price for months
Data shows Polkadot’s price action has been a bellwether for Bitcoin in the past few months. Go to Source Powered by WPeMatico
Is a retail frenzy causing the Bitcoin futures’ markets excessive leverage?
Retail seems to be causing Bitcoin futures markets’ excessive leverage, but pro traders remain neutral. Go to Source Powered by WPeMatico
Ethereum fundamentals signal $2,000 ETH price is closer than it seems
Both on-chain and trading metrics indicate Ether dips are meant for buying as ETH eyes $2,000. Go to Source Powered by WPeMatico
Bitcoin goes mainstream as institutions hold 3% of BTC’s circulating supply
The growing appetite of institutional investors means companies now hold more than 460,000 BTC, which is 3% of the total supply in circulation. Go to Source Powered by WPeMatico
Here’s how Eth2, DeFi and Bitcoin price will impact Ethereum’s CME futures
Investors are nervous that this week’s CME ETH futures launch will be a repeat of Bitcoin’s 2017 CME launch but data suggests otherwise. Go to Source Powered by WPeMatico
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
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