Bitcoin (BTC) approached a key weekly close on March 19 with traders concerned about a retest of lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls must "step in" to protect $26,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,000 on Bitstamp.After briefly tapping $28,000 into the weekend, BitcoinBTCClosecryptoexchangeExchangesEyesHighestLevelsMonthsPriceWatchWeekly Read More
On March 17 crypto exchange OKX suffered a temporary server outage which was solved in about an hour.
The OKX team said in a Twitter update that the outage was due to a matching engine problem.
OKX experienced downtime
In several tweets, OKX assured investors that the engineering team was working hard to MonthsNetworkOKXOutageSuffers Read More
The previous six months should have been extremely beneficial to Ether's (ETH) price, especially after the project's most significant upgrade ever in September 2022. However, the reality was the opposite: between September 15, 2022, and March 15, 2023, Ether underperformed Bitcoin (BTC) by 10%.Ether/Bitcoin price on Bitfinex, 2-day. Source: TradingViewThe BitcoinEthereumLevelLowestMonthsPricereachesRelative Read More
On Deribit, one options contract represents 1 BTC and 1 ETH. The exchange controls more than 80% of the global crypto options market. Options give traders the right to buy or sell the underlying asset, in this case, bitcoin, at a specific price, known as a strike, by a stated BankBitcoinBreedDeribitfailuresHighestHitsLevelMonthsoptionsVolatilityVolume Read More
As such, data suggests the price action was spot driven. As of Tuesday, open interest on futures remained below Mar. 9 levels, when bitcoin traded above $23,500, even as bitcoin retraced all losses – implying the price action was led by investors purchasing bitcoin instead of being futures driven.
Source 24.7KBitcoinCrossesHighestLiquidationsMonthsSees Read More
USDT’s market capitalization has grown some $5.3 billion this year so far to $71.6 billion, with $3 billion of the gains after mid-February. Circle’s rival stablecoin, USD Coin (USDC), has also gained $3 billion since the Paxos announcement; however, its $44 billion market cap is still lower than at the AmongCryptoCurrencyHighestLevelMarketMonthsRisesShareStablecoinsTethersUSDT Read More
As the US Supreme Court rules in favor of Ripple’s fair notice defense, the XRP community expresses slight optimism. However, XRP price lost 3% in one week.
The SEC vs. Ripple case has been going on for over two years since 2020. The US Securities and Exchange Commission (SEC) then accused BiggestLawsuitMonthsRippleSeestwist Read More
Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. In other news, artificial intelligence (AI) crypto assets have seen a recent surge, and SEC Chairman AssetsBitcoinBugCryptoDecliningGoldInflationMirrorMonthsNewsReviewSchiffSurgeWeekWeekly Read More
Australia's central bank is set to launch a "live pilot" of a Central Bank Digital Currency (CBDC) "in the coming months," according to a joint statement from the Reserve Bank of Australia (RBA) and Digital Finance CRC (DFCRC), an Australian financial research institute.The RBA said on Mar. 2 local AustralianBankCBDCCentralComingLaunchLiveMonthsPilot Read More
Bitcoin's (BTC) 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears' expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off, especially since the expiry occurs on Feb. 24. However, bulls were not 23KAheadAttemptbearsBitcoinBTCExpiryMonthsoptionsPinPrice Read More