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$1.89B in Longs Evaporate as Bitcoin Crashes Under $118K – Is the Worst Over?

There is a significant derivatives market shift on Binance as Bitcoin fell from $124K to below $118K. The exchange’s open interest (OI) plunged by 5% within hours, which means that…

Continue Reading$1.89B in Longs Evaporate as Bitcoin Crashes Under $118K – Is the Worst Over?

Is the Bull Cycle Nearing Its Top? Here’s What Bitcoin NUPL Metric Says

The current bull cycle is different from past seasons in many ways. For starters, bitcoin (BTC) has recorded new all-time highs (ATH) every now and then. This has raised speculation…

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New ATH for Bitcoin or Harsh Rejection Ahead? (BTC Price Analysis)

Bitcoin is approaching a potential new all-time high, steadily advancing toward the $123K mark. Overall, both technical indicators and sentiment data point to continued upside potential, suggesting that the rally…

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Binance OI Spikes: Is Bitcoin Gearing Up for a Clean Break or Brutal Shakeout?

Bitcoin’s open interest (OI) on Binance has climbed to approximately $13.7 billion, and is nearing the mid-to-late July highs. Such a reading points to increased speculative activity in the market.…

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Bitcoin Traders Beware: Record BTC Futures Leverage Sets Stage for Wild Price Swings

Bitcoin’s derivatives market is flashing its loudest warning signal in five years as traders pile into highly leveraged positions. According to analyst Axel Adler Jr., August’s 30-day change in the…

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Ethereum’s Corporate Treasuries Exploded 127% in July Amid Capital Rotation: Binance Research

Bitcoin maintained its role as the market’s anchor asset in July, to a fresh record of $123,000. Its performance, however, coincided with a notable change in market structure as investor…

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Bitcoin Price Reacts as US CPI for July Comes in Below Expectations

The highly anticipated US Consumer Price Index numbers for July are out, and they show that inflation in the largest economy is lower than previously expected. The regular CPI came…

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