Ethereum Options Traders Jump the Gun as ETH Price Soars to $280
Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%? Go to Source Powered by WPeMatico
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Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months
The largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61.5% on Thursday, after hovering around 66% for months on end. The last time the crypto asset’s dominance level was around the 61% range was over 12 months ago … Read more
Bitcoin Rallies 5% as US Regulator Greenlights Bank Crypto Custody
Bitcoin price surged 5% to $9,664 less than 24-hours after the Office of the Comptroller of the Currency announced U.S. banks can provide crypto custody services. Go to Source Powered by WPeMatico
Some Bitcoin Traders Turn Cautiously Bearish — Why $9.5K Is a Problem
The price of Bitcoin surged by 4.6% overnight but some traders are turning cautiously bearish on BTC/USD for two main reasons. Go to Source Powered by WPeMatico
World Will Not Adopt a Bitcoin or Gold Standard, Says Peter Brandt
The world is headed for special drawing rights with gold participating, but not a return to the gold standard, the trader says. Go to Source Powered by WPeMatico
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows that tether’s daily transaction value is set to eclipse bitcoin’s … Read more
Ethereum Whales Send Exchanges $182M in ‘Likely Pre-Pump Positioning’
Volatility is firmly on the radar as non-exchange balances suddenly decline by 700,000 ETH within just three days and resistance topples. Go to Source Powered by WPeMatico
Bitcoin Price Rises to $9,500 as $2 Trillion Fed Stimulus Expected
Bitcoin price broke out from a tightening range to rally above $9,500 but will it hold above the crucial resistance level? Go to Source Powered by WPeMatico
Is Bitcoin Price Really Influenced by the Grayscale GBTC Premium?
Traders view the premium on Grayscale Investments GBTC shares as a bullish sign, so does the recent drop to a 20-month low mean a correction is coming? Go to Source Powered by WPeMatico
Bitcoin Google Search Interest Hits Lowest Since Before $10K Bull Run
The last time Bitcoin was Googled so little was right before the start of its push from $7,200 to $10,300. Go to Source Powered by WPeMatico
