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Bitcoin price descending channel and loss of momentum could turn $60K to resistance

After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance.

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Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High

After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset…

Continue ReadingEthereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High

BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch

Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the start of the month, according to data from…

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