Bitcoin price is correcting, but what does futures data show?
BTC price rejected near $58,000 but derivatives data shows traders positioned in a neutral-to-bullish, leaving sufficient “room” for a new all-time high in 2021.
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BTC price rejected near $58,000 but derivatives data shows traders positioned in a neutral-to-bullish, leaving sufficient “room” for a new all-time high in 2021.
By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has predicted. He cited three key reasons…
According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.
While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and…
The three bullish indicators converge as Ethereum's native token Ether climbs over 9% Friday to cross $3,000, its psychological resistance level.
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.
The Ethereum block producers accumulated $6.1 billion worth of ETH tokens after the Aug. 5 network upgrade.
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address…
As inflation numbers across the globe continue to rise, is it only a matter of time until Bitcoin’s potential as a store of value is recognized?
However, the lack of statistical correlation between inflation and crypto prices has not deterred many investors from viewing the asset in this way.