Bitcoin traders say $34K was the bottom, but data says it’s too early to tell
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets.
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Overwhelming support for Grayscale BTC Trust ETF conversion proposal
Investors air their thoughts as to why the SEC should approve the conversion of Grayscale’s BTC Trust into a spot ETF.
Injective Protocol (INJ) rallies 100%+ after launching cross-chain support for Cosmos
INJ books a 100%+ gain shortly after the release of the Injective Bridge v2 and the launch of DEX-based perpetual futures for ATOM.
2 key indicators cast doubt on the strength of the current crypto market recovery
BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders.
TMX Group Canada to unveil crypto futures product later this year
The news from TMX Group arrives as cryptocurrencies are increasingly gaining interest from investors and companies.
Ethereum price holds above $3K but network data suggests bulls may get trapped
ETH price just broke from a long-term descending channel, but on-chain data still points to a few bearish catalysts.
Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support
Bulls seek to flip $44,000 to support and analysts forecast further upside for BTC, calling the asset “the Amazon of our time.”
Bitcoin price closes in on $40K, but pro traders are still skeptical
Traders expect BTC to flip $40,000 back to support soon, but derivatives metrics signal that a different outcome could occur.
TVL, network outages, or derivatives: What’s behind Solana’s (SOL) 60%+ drop?
SOL price is over 60% away from its all-time high and data shows that its loss of territory to competing chains is driving the correction.
Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ zone
A key risk indicator for BTC options hit its highest level in six months, possibly signaling that $32,930 was the bottom.
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