Wednesday, April 24, 2024
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BTC Price Optimism Fades After Grayscale Victory; SOL, XRP, DOGE Slump

“The Grayscale discount to market has declined significantly since the ruling,” John Glover, chief investment officer at crypto lender Ledn, wrote in an email. “But it may be too early to remove the discount completely, as there is no guarantee that this ruling results in Grayscale being able to offer

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XRP, ADA Post Highest Losses Among Crypto Majors; BTC Price Steady as ‘Buy the Dip’ Allure Fades

“Data suggests that long volatility strategies have been deployed extensively over the weekend after the price crashed below the $25,000 level,” the analysts wrote. “In turbulent times, traders might expect high volatility to continue and use options strategies (like straddles or strangles) to profit from this.” Source

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Bitcoin’s bullish hype fades, but analyst says PlanB’s stock-to-flow model is still relevant

Bitcoin (BTC) is struggling to reclaim its psychologically-important level at $30,000 as analysts predict that choppy accumulation may last for months.Bitcoin soared to a new yearly high of over $31,800 on July 13, driven by optimism surrounding the potential approval of exchange-traded funds (ETFs) in the United States and Ripple's

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Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity

The price of Bitcoin (BTC) has been trading between $29,900 and $31,160 for the past 18 days, causing concern among investors who are looking for explanations for the lack of a clear trend. After a 25.5% rally between June 15 and June 23 leading to Bitcoin’s highest level in 13 months

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BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday – Market Updates Bitcoin News

Bitcoin fell to a seven-day low to start the week, as recent bullish momentum began to wear off in cryptocurrency markets. Friday’s stronger than expected U.S. non-farm payrolls report has made some question the Federal Reserve’s view that inflation has peaked. Ethereum also declined on Monday, however, it remained above

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OpenSea dominance fades, Azuki skateboards fetch $2.5M and more

OpenSea’s dominance begins to waiverNonfungible token (NFT) marketplace OpenSea has seen its competitors chomping at its ankles this year as they gain market share — turning the market from a “monopoly” into an “oligopoly,” a new report states.  Binance Market Pulse released on Oct. 20, says there has been a

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