Bookmarking Crypto Insights
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Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin is resting above the $40k handle but the … Read more
DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April. Go to Source Powered by WPeMatico
Derivatives data for Bitcoin weekly options suggests bears may have the upper hand in tomorrow’s $930 million expiry. Go to Source Powered by WPeMatico
Whale wallet activity and exchange inflows indicate that the recent market sell-off was driven by retail traders, while institutional investors gladly bought the dip. Go to Source Powered by WPeMatico
Analysts have mixed opinions now that Bitcoin price trades 40% away from its all-time high. ExoAlpha CIO David Lifchitz gives his take on what happened and what’s next for BTC. Go to Source Powered by WPeMatico
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to $66 billion in value. Weekly … Read more
Price dislocations between futures and spot markets led altcoins like ETH, LTC and SUSHI to trade up to 43% below their index price in spot markets. Go to Source Powered by WPeMatico
Retail traders capitulated as Bitcoin and Ether dropped to multi-month lows and technical indicators suggest the markets could remain volatile over the next few days. Go to Source Powered by WPeMatico
Panic selling crushes the entire crypto market, sending Bitcoin price to $30,000 for the first time since February, but data shows BTC whales bought the dip. Go to Source Powered by WPeMatico
Regulatory concerns, a bit of FUD and the uncertainties surrounding Tether appear to have exaggerated the Bitcoin price sell-off but derivatives data suggest that the bottom is likely in. Go to Source Powered by WPeMatico