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Bitcoin skyrockets beyond $30,000 amid massive short liquidations

Quick Take On Friday, Oct. 20, Bitcoin breached the $30,000 mark first time since August, edging within touching distance of its Year-to-Date (YTD) high in July at roughly $31,500. The resilience of the cryptocurrency was especially noteworthy, given the backdrop of prevailing geopolitical uncertainty, indicating a mystifying market behavior. дальше »

2023-10-23 10:36


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Bitcoin exchange balance plummet to year-to-date low

Quick Take Bitcoin exchange balances have been witnessing a noteworthy trend of outflows, reaching a year-to-date low of 2. 3 million Bitcoin recently. This movement was underscored by Bitcoin breaking through the $29,000 mark, a milestone accompanied by a seismic shift of $200 million worth of Bitcoin moving away from exchanges yesterday, Oct. дальше »

2023-10-20 10:45


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Here’s the biggest risk facing Cardano, Solana, Polygon, XRP, Cosmos

Investors are getting fearful as risks to the financial market rise. The fear and greed index has retreated from the year-to-date high of over 80 to the fear zone of 34. As a result, American stocks have pulled back from their highest levels this year, with the Nasdaq 100, S&P 500, and Dow Jones have […] The post Here’s the biggest risk facing Cardano, Solana, Polygon, XRP, Cosmos appeared first on Invezz. дальше »

2023-9-27 14:13


Contrasting currents in crypto market as Bitcoin futures plunge, crypto-margin soars

Quick Take The recent data analysis indicates a critical shift in Bitcoin futures contracts, particularly in the wake of the Grayscale lawsuit. Bitcoin open interest, the total number of outstanding futures contracts, has suffered a significant reduction, with a rough estimate of 400,000 Bitcoin in futures contracts representing one of the lowest readings year-to-date. дальше »

2023-9-1 12:00


Bitcoin futures surge suggesting fresh capital entering market

Quick Take A sharp increase in futures open interest occurred on Aug. 9 to a level seen just seven times this halving cycle, thus registering one of the largest single-day surges ever. An impressive addition of over 32,000 Bitcoin was channeled into futures open interest contracts,  pushing the open interest close to the year-to-date highs. дальше »

2023-8-10 13:00


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Record-Breaking $10 Billion Open Interest Fuels Bullish Speculation For Bitcoin Reversal

The cryptocurrency market has experienced a period of stagnation, with Bitcoin (BTC) trading within a narrow range for the past week.   However, according to market analyst Ali Martinez, there is a glimmer of hope on the horizon as Open Interest, a key indicator of market sentiment, has skyrocketed to a year-to-date high. дальше »

2023-8-9 07:00