Cryptocurrency Analysis and News Portal
"Only about a third of the open options positions in the market are puts, highlighting that crypto markets remain biased, as they have for a long time, towards calls," Lawrence Lewitinn, a director at The Tie, wrote in Wednesday's edition of the newsletter. Source
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Bitcoin (BTC) saw fresh volatility on May 6 as low-liquidity weekend trading tested the mettle of its trading range.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin "in limbo" despite volatiliData from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding over $1,000, or 3%, in a matter of hours on the day.The
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Navigating the ever-volatile terrain of the crypto market remains one of the most difficult jobs for traders — but much less so for members of the Cryptox Markets Pro community. With an institutional-grade crypto intelligence platform at their service, Cryptox Markets Pro subscribers have been able to spot significant price movements
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Bitcoin (BTC) price bounces have been short-lived, lacking significant momentum for a turnaround. Lower support is seen at $25K-$27K and resistance at $33K. Source
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●Bitcoin (BTC): $30,300, +0.90% ●Ether (ETH): $1,823, +0.35% ●S&P 500 daily close: 4,177, +1.84% ●Gold: $1,873 per troy ounce, +1.62% ●Ten-year Treasury yield daily close: 2.91% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CryptoX
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Risk-off conditions remain intact as volatility returns to stocks and cryptos. Meanwhile, DeFi tokens are lagging behind bitcoin (BTC). Source
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Layer-1 (L1) protocols are the foundation of the decentralized application ecosystem, with the Ethereum network dominating the landscape in terms of the number of protocols launched on-chain and total value locked (TVL), followed by BNB Chain and Fantom. As the sideways market of 2022 drags on and serious projects use the
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“Digital assets, including bitcoin, tend to become more correlated with stocks during stress periods when most of the investment markets go risk-off," said Mikkel Morch, director at crypto hedge fund ARK36, in a note to CryptoX. "Unsurprisingly, then, the crypto markets moved almost in tandem with the stock market following
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Bitcoin's near-term prospects look bleak after the U.S. Federal Reserve set the stage for a more aggressive withdrawal of liquidity, weakening market confidence in the so-called Fed put – a notion that the central bank will come to the rescue if assets tumble.On Wednesday, the Fed pointed to the U.S.
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Inflation concerns and a general sense of trepidation about the future of the global economy continue to put a damper on Bitcoin and altcoin prices and currently the Crypto Fear and Greed index is solidly in the ‘fear’ zone where it has been parked since the beginning of December. Crypto Fear
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