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$43K BTC flipping support? Not anytime soon, according to derivative metrics

March 23, 2022 by DIGIT

Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally. Go to Source Powered by WPeMatico

Categories Deribit, leverage, Long, margin, Markets, OKX, options, Short, Skew

Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows

March 18, 2022 by DIGIT

A symmetrical triangle shows support at $38,000 but pro traders have failed to add leverage long positions, according to exchanges’ data. Go to Source Powered by WPeMatico

Categories Bitcoin Price, BTC, China, derivatives, futures, Lightning, Long, Markets, mining, OKX, Short

Manchester footballing rivalries commence in field of Web3

March 4, 2022 by DIGIT

Following Manchester United’s partnership with blockchain firm Tezos almost one month ago, Manchester City’s foray in the space having partnered with crypto exchange OKX provides new competition in vie for technological prominence. Go to Source Powered by WPeMatico

Categories Manchester City, Manchester United, OKX, Tezos

2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K

February 28, 2022 by DIGIT

The entire crypto market is green today, and derivatives metrics suggest that BTC’s bullish reversal will flip $40,000 back to support. Go to Source Powered by WPeMatico

Categories arweave, derivatives, futures, Luna, Markets, OKX, Perpetual, premium, Terra, Tether, uniswap, Waves

2 key indicators cast doubt on the strength of the current crypto market recovery

February 12, 2022 by DIGIT

BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders. Go to Source Powered by WPeMatico

Categories derivatives, Funding, futures, Gala, leverage, Markets, OKX, Snoop Dogg, solana, Tether, Theta

2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000

January 31, 2022 by DIGIT

Data suggests $34,000 was the bottom and BTC’s recent performance could be a sign that traders are beginning to open fresh longs. Go to Source Powered by WPeMatico

Categories Apple, backwardation, BTC Futures, Ethereum, Hashrate, Markets, metaverse, OKX, Regulation, Scalability, Tether, wonderland
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$69,002.000.89%
  • ethereumEthereum(ETH)$2,002.342.29%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.491.73%
  • binancecoinBNB(BNB)$627.932.38%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$87.151.52%
  • tronTRON(TRX)$0.2844961.53%
  • dogecoinDogecoin(DOGE)$0.100774-1.41%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$69,002.000.89%
  • ethereumEthereum(ETH)$2,002.342.29%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.491.73%
  • binancecoinBNB(BNB)$627.932.38%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$87.151.52%
  • tronTRON(TRX)$0.2844961.53%
  • dogecoinDogecoin(DOGE)$0.100774-1.41%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%