Monday, November 25, 2024
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Renewed Lull in Bitcoin (BTC) Prices Leaves Crypto Traders Fearful of ‘Tail Risk’

"Looking at the BTC butterfly index, we can see that wings are near the upper 90% percentile (red horizontal line). So, [while] outright volatility [metrics] seems confident in spot price consolidation, traders are still paying up for tails," Greg Magadini, director of derivatives at Amberdata, said in the weekly newsletter. Source

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Donald Trump NFT prices spike following release of mugshot in Georgia criminal case

The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United States President as part of his criminal case in the state of Georgia for allegedly attempting to subvert the will of voters in the 2020 election.According to data from NFT

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SOL, ADA Prices Surge on Crypto Majors Recovery; Bitcoin Extends Gains: Market Wrap

“Bitcoin jumped back as high as $26,800 Wednesday as key whale & shark addresses are now collectively adding to their stacks once again,” on-chain analytics firm Santiment said in a tweet. “There are currently 156,660 wallets holding 10 to 10,000 $BTC, and they have accumulated $308.6M since August 17th.” Original Source

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