Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry
Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry.
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Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event,…
Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors.
Senate Confirms Jerome Powell to Second Term as Fed Chair
The Senate has confirmed Jerome Powell to serve another four-year term as the leader of the Federal Reserve. As chairman of the Federal Open Market Committee, the Fed’s monetary policymaking...
3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry
BTC price is in a freefall and data suggests bears plan to keep the price below $30,000 until the May 13 options expiry.
Pro traders adopt a hands-off approach as Bitcoin price explores new lows
Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried.
First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week
Clouds on the horizon grow nearer as markets prepare for more inflation cues this week.
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage…
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The…
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table
The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s…
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