Why Ethereum Price Longs Might Profit Ahead Of “The Merge”
Ethereum price is close to reclaiming the area lost during yesterday’s downside action while Bitcoin slowly crawls back into $19,000. The second
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Longs
Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs
An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks
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Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?
Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with June 6’s small boost, the tech-heavy Nasdaq stock market index is down 24% year-to-date.Investors who keep a close eye on
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Bitcoin Breaks $30K, But Could Price Entrap Late Longs?
Bitcoin has been trading in the green over the past 24 hours as traditional markets see an overall recovery. The number one crypto by market cap experienced an increase in selling pressure over the past month as macro-economic conditions favored a decline in risk-on assets. Related Reading | Bitcoin On-Chain Data Signals
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Get Ready For A Bitcoin Short Squeeze? Longs Pile Up As BTC Struggles
Bitcoin has been hinting at lower levels during today’s trading session. The benchmark crypto was rejected at around $48,000 and has been unable to reclaim its previous highs. Related Reading | Galaxy Digital’s Jason Urban What Will Drive Ethereum To Flip Bitcoin At the time of writing, Bitcoin trades at $43,100 with
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Caitlin Long’s Wyoming Crypto Bank Takes a Step Toward Fed Membership
"If the access is granted, these institutions may introduce increased risks to the financial system," according to the minutes of the meeting. SPDIs, the document noted, "hold uninsured dollar deposits. The deposits will be backed by 100% reserves, and the funds on deposit cannot be loaned by the bank. This
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Bitcoin batters longs as liquidations copy May 2021 run to $30,000
Bitcoin (BTC) has dealt significant pain to bulls in recent weeks, and now, fresh data shows just how much.In a tweet on Jan. 10, on-chain analytics firm Glassnode revealed that those longing BTC had suffered a rerun of last May, when BTC/USD began to fall toward $30,000.Long traders fail to
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Why Trapped Longs At Bitcoin ATH Could Lead To More Downside
Bitcoin’s new all-time high this month has led to a number of interesting developments in the crypto space. The success of the first Bitcoin ETF contributed greatly to the price of BTC finally bursting through the $67K price point and with it has come to a spike in funding rates
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Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale
EOS began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a result, investors are questioning whether the former top-5 cryptocurrency has what it takes to turn around after Daniel Larimer, CTO of the development
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Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
Bitcoin (BTC) and Ether (ETH) are due for a “huge” move, but short-term signals suggest a correction, an analyst warned on Friday.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuy into resistance? “Not interested”Data from Cryptox Markets Pro and TradingView showed both BTC/USD and ETH/USD acting near critical range resistance as the week
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