Institutional investors reduce Bitcoin short positions

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 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 […]

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. […]