Bitcoin bulls ignore recent regulatory FUD by aiming to flip $25K to support
Bitcoin’s upward momentum can continue, according to Asian stablecoin demand and the BTC futures premium.
Auto Added by WPeMatico
Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report
Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today's CPI report are front of mind for many investors.
Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
Bitcoin derivatives data suggests a BTC price pump above $18K won’t be easy
The BTC futures premium remains a topic of concern, but it appears that traders are starting to price similar risks for the upside and downside.
Ethereum needs to defend $1,180 to sustain this 50-day ascending pattern
ETH price bulls struggle as futures remain trading below its fair value, signaling excessive demand for shorts.
Bitcoin rebound to $18.4K? BTC price derivatives show strength at key support zone
Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback.
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot…
Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large…
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.
Bitcoin price broke to the upside, but where are all the leveraged long traders?
BTC price looks to break out of its downtrend, yet pro traders are still unwilling to add leveraged positions.