Bitcoin Price Risks Dropping Below $10,000 if This Support Level Fails
The price of Bitcoin is at risk of falling below $10,000 if a crucial support level fails to hold. Go to Source Powered by WPeMatico
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Bitcoin Options Open Interest Reaches $2B — Should BTC Traders Worry?
Open interest on Bitcoin options reached $2 billion but should traders be worried that the majority of August options appear worthless? Go to Source Powered by WPeMatico
Tesla Stock Breaks $2K as High-Risk Tech Asset Sees Bitcoin Comparison
Comparisons are being made between Bitcoin and Tesla as prices soar in 2020, but BTC has a ways to go to reach TSLA. Go to Source Powered by WPeMatico
Pro Traders Unfazed by Bitcoin Price Stalling at $12,400, Data Shows
Derivatives data and other key metrics show pro traders remain strongly bullish on Bitcoin despite the recent rejection at $12.4K. Go to Source Powered by WPeMatico
Bitcoin Price $12K Breakout Fails — Here’s How Low BTC Can Now Drop
The price of Bitcoin has failed to turn $12,000 into a new support level, which may result in more downside for BTC in the near term. Go to Source Powered by WPeMatico
Bitcoin Investors Swap for Ethereum ‘Wrapped BTC’ to Yield Farm and Chill
Demand for Wrapped BTC has surged as Bitcoin investors seek a private method to gain exposure to DeFi and lend farming. Go to Source Powered by WPeMatico
Bitcoin Price Breaks $12K, But Is it the Final Hurdle Before $15K?
Bitcoin price rallied to $12,470 and if $12,000 holds as support bulls will target prices north of $15,000. Go to Source Powered by WPeMatico
ETH Options Data Suggest $500 Ethereum Price is Closer Than It Seems
Ethereum price has stalled below $440 but ETH options and futures data suggest that $500 is closer than it might seem. Go to Source Powered by WPeMatico
Record Ethereum Network Use and Gas Fees Pose Risk to DeFi Expansion
Ethereum network use and transaction fees are rising to record highs, will this interfere with DeFi’s current expansion? Go to Source Powered by WPeMatico
Network Effect at Risk? Why 50% of DAI Locked in Compound Is a Concern
New data shows more than 50% of DAI is locked in Compound and this raises concerns about DAI’s long term prospects. Go to Source Powered by WPeMatico