Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations
Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
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Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says
The crypto market faces the U.S. tax season liquidity test around the time the Bitcoin blockchain implements the fourth mining-reward halving on April 20.
Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst
Rapidly expanding stablecoin supply shows that “fiat money is being moved into crypto at an accelerated pace,” 10x Research’s Markus Thielen said.
Bitcoin Halving Is Not a Volatility Event, Analyst Says as Implied Volatility Rises
Options implied volatility is overpricing the event, Amberdata’s Greg Magadini said.
MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says
The broker increased its MicroStrategy price target to $1,800 from $780 while maintaining its buy rating on the stock.
Near Record High Funding Rate Suggests Bitcoin Pullback Not Over
The recent taban in price doesn’t appear to have dented optimism from traders betting on a continued bull run.
Robinhood Initiated as Market Perform at KBW as Retail Trading Returns
Retail engagement materially accelerated in the first quarter, the report said.
Bitfinex Derivatives Users Can Now Place Bets on Bitcoin and Ether Implied Volatility
Bitfinex Derivatives announced the launch of perpetual futures tied to Volmex’s proprietary bitcoin and ether implied volatility indices.
Bitcoin Cash Rallies 13% Ahead of BCH Halving, Bitcoin Steady Around $70K
The Bitcoin Cash halving is expected on April 4, blockchain trackers show, and has historically preceded price bumps.
Bitcoin, Ether Could Witness Upside Volatility as $15B Options Expiry Looms
Dealer hedging could breed volatility at around $70,000, one observer said.