Friday, April 26, 2024
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Negative BTC Price-Volatility Correlation Returns as Crypto Traders Fear FTX Creditor Liquidations

"The impending U.S. August CPI data will likely show a rebound in inflation, which means the Federal Reserve (Fed) will probably take additional liquidity-tightening measures to curb reflation. In liquidity redistribution, crypto assets are prioritized last, which means that the liquidity stored in crypto assets could be withdrawn and invested

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FTX wallet shifts $10M in crypto, sparking fear of token dumps to come

A wallet owned by bankrupt crypto exchange FTX has moved $10 million worth of digital assets from the Solana (SOL) network to Ethereum, sparking concerns it could be the beginning of a series of token dumps amid the exchange’s bankruptcy proceedings. According to data from blockchain analytics platform Arkham Intelligence, since

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Bitcoin Price (BTC) Could See a Revival, Matrixport’s Greed and Fear Index Suggests

"Index appears to have bottomed out as the daily signal (grey) is projecting upside pressure. After four weeks of consolidation, this indicator is tactically bullish and Bitcoin prices could resume the uptrend," Markus Thielen, head of research and strategy at Matrixport, said in a note to clients on Thursday. Source

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