Thursday, February 13, 2025
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Pro traders added to shorts as Bitcoin price broke $12K — Data shows

As Bitcoin (BTC) breaks the $12,000 resistance, derivatives markets are flirting with overly excessive bullish sentiment. The futures basis and the options 25% delta skew both reached the same levels seen now on October 12 when BTC briefly tested $11,700 but failed to maintain momentum.What differentiates the current situation from

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Ethereum DeFi Broke Records in June, But Other Categories Are Suffering

Results for the second quarter of 2020 show tremendous growth for decentralized applications across all ecosystems, primarily spearheaded by Ethereum (ETH) decentralized finance, or DeFi.Decentralized exchanges were at the frontlines of the rise as Compound token mining activity trickled down to on-chain swapping solutions.According to Our Network, Curve was one

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Last Time Bitcoin Broke This Level, It Soared 40%. We’re Testing It Again

Bitcoin may seem as though it moves without rhyme or rhythm, but like all markets, the cryptocurrency’s key levels and directionality can be shown with technical analysis, too. Unfortunately for bulls, the cryptocurrency remains below a key technical analysis level that marked the start of Bitcoin’s 50% crash at the

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