Bitcoin Shorts Lose $150M as BTC Poised For ‘Tremendous Upside’
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.
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Bitcoin Indicator Suggests Potential for Leverage Washout
A ratio related to bitcoin futures and the volatility of options has more than doubled this year, signaling outsized levels of leverage and speculation.
Bitcoin Options Trader Takes $20M Bet to Hedge Against Prices Dropping to $47K
The strategy provides a hedge against a potential bitcoin price pullback to $47,000 and costs over $20 million, according to crypto block trading service provider Greeks.Live.
2 Reasons Bitcoin Could Challenge Record High of $69K Before Halving
Veri from past cycles entered around halvings and a key technical analysis tool suggest that the path of least resistance is higher.
First Mover Americas: Bitcoin Seen Topping $50K This Weekend
The latest price moves in crypto markets in context for Feb. 9, 2024.
CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval
The total derivatives trading volume on CME rose 35% in January to $94.9 billion, the highest since October 2021.
Jupiter’s JUP Token Soars After Massive $700M Airdrop to Solana Wallets
Validators called the airdrop a success. “Surprisingly, nothing notable” broke, one operator said.
Solana Startup Dialect Builds ‘Conversational’ Telegram Trading Bot
Chat is the “ideal human-computer interface,” said CEO Chris Osborn.
Bitcoin Indicator, Which Signaled Late 2023 Rally, Is About to Flash Bearish Signal
The Guppy Multiple Moving Average indicator is about to flash a red signal, indicating a strengthening of downward momentum.
Bottom Fishing in Bitcoin? Here Are the Key Signs To Watch for
Savvy traders are looking for signs of capitulation in the spot and perpetual futures market, and renewed demand for calls when calling market bottom and trend reversal higher.