Institutional investors are marginally reducing the size of their short exposure to Bitcoin, which can be considered a positive change in the market. Data from CryptoQuant shows that institutional short positions on Bitcoin Futures have been declining, which could signal potential price support for the crypto asset. The data reveals that institutional traders have steadily […]
Bitcoin’s $800 Million Surge Sparks Concerns Over Market Stability
Bitcoin’s recent surge comes with the risk of sudden price drops. Increased leverage can lead to fast and big losses for buyers. Low trading activity makes the market more sensitive to price shifts. Bitcoin saw an $800 million surge in open interest, raising fears about potential market instability. This spike, which occurred during a period […]
Supreme Court won’t stop sale of 69,370 Silk Road bitcoins
The nine-month US Supreme Court term began this month, and it’s already impacting the crypto industry. Today, in an announcement of the lawsuits that the justices have agreed to hear during this term, the highest US court declined to hear an appeal regarding 69,370 bitcoins associated with the Silk Road. With the justice’s denial to […]
Will Bitcoin’s Rise Continue? According to Analyst, This Level Is The Key Point For The Rise!
Although Bitcoin (BTC) did not have a good start to October, which was a bullish month due to tensions between Iran and Israel, it recovered over the weekend and approached $64,000 following the positive US employment data announced last week. Analysts expect the optimism in the US economy to continue, with one analyst predicting that […]
Finance experts predict Bitcoin price for Halloween 2024
Finance experts predict Bitcoin price for Halloween 2024 Andreja Stojanovic Cryptocurrency Oct 7, 2024 Share Despite cryptocurrency investors’ high hopes in the weeks leading up to October, the start of the month – historically notable for the strong performance of digital assets – Bitcoin (BTC) has been trading lower at the beginning of the month. […]
$57 Million Bitcoin Dump Stuns Largest Crypto Exchange, Binance
Bitcoin (BTC) is back above $63,000 again, but there is a catch. This time, the BTC price tried to clear the $64,000 level but faced significant rejection from the resistance level of $65,000. Although it is not a concerning price move, crypto whales appear to be apprehensive about it. Whale Alert, a leading crypto tracking […]
Bitcoin Price Nears $64K: What’s Next?
Bitcoin is making headlines again as its market share soars to 54%, reaching levels not seen since 2021. This surge has sparked excitement among investors and the crypto community, raising questions about what’s fueling the growth and what might happen next. With Bitcoin’s dominance on the rise, it’s important to understand what’s driving this trend […]
Crypto trader makes $4.4 million in a month trading this meme coin
Crypto trader makes $4.4 million in a month trading this meme coin Ana Zirojevic Cryptocurrency Oct 7, 2024 Share While it is no secret that the cryptocurrency market can provide some lucrative opportunities for a savvy investor, some traders are proving to be savvier than others, including one that has managed to profit a staggering […]
Trader Who Nailed Bitcoin Pre-Halving Correction Outlines Worst-Case Scenario for BTC – Here’s His Outlook
A closely followed analyst who correctly called Bitcoin’s pullback earlier this year is unveiling his most bearish scenario for BTC. In a video update, pseudonymous analyst Rekt Capital tells his 90,500 YouTube subscribers that he’s keeping a close eye on Bitcoin’s reaccumulation support at $60,000. According to the analyst, a move below this level will […]
Donald Trump strengthens lead over Kamala Harris in prediction markets
Donald Trump strengthens lead over Kamala Harris in prediction markets Ana Zirojevic Cryptocurrency Oct 7, 2024 Share Not long after former United States President and current Republican presidential nominee Donald Trump reestablished his domination in prediction markets for winning the November elections against his Democratic opponent, U.S. Vice President Kamala Harris, his lead grew further. […]