Bitcoin On The Brink? Analyst Predicts Soaring Open Interest May Signal 20% Price Correction
Bitcoin’s open interest—the total number of outstanding derivative contracts that have not been settled—has surged to levels not seen in over six
Read MoreBitcoin’s open interest—the total number of outstanding derivative contracts that have not been settled—has surged to levels not seen in over six
Read MoreA ripple of excitement has recently coursed through the crypto market, particularly on Bitcoin. Bolstered by speculation regarding the impending approval of a spot Bitcoin exchange-traded fund (ETF) —a sentiment propelled by BlackRock’s iShares ETF’s appearance on the DTCC website—Bitcoin recorded an 18-month high trading above $35,000. This upward movement
Read MoreThe liquidations occurred as bitcoin rallied 4% to surpass the $31,000 price level for the first time since July, extending its October advance. Most of the alternative cryptocurrencies, or altcoins, also soared, with Chainlink's LINK, Polygon (MATIC) and Polkadot (DOT) posting 6% to 10% advances at one point. Source
Read MoreUniswap (UNI) has emerged as a beacon of activity and growth amidst a month of turbulent trading for the broader cryptocurrency market. Throughout September, the crypto market exhibited a remarkable level of volatility while remaining largely range-bound, leaving market participants in a state of neutrality. However, Uniswap has defied the sideways
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investing involves understanding and leveraging that knowledge to identify discrepancies between an asset’s value and its current price. Google has embraced digital assets by updating the Google Play Store Policy, now allowing non-fungible tokens (NFTs) and
Read MoreThe price of BNB token has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB has performed worse than the overall altcoin market, indicating that the underlying cause for the bearish momentum persists.It is highly likely that the correction
Read MoreBut the flurry in on-chain activity is showing signs of slowing down as congestion in the Bitcoin mempool – a database of unconfirmed transactions – has eased from nearly 500,000 unconfirmed transactions to roughly 250,000 at the time of reporting. That number generally stayed under 50,000 last year. Bitcoin is
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Milady coin has been making headlines in the cryptocurrency world lately, thanks to a recent tweet from tech mogul Elon Musk. Musk posted a picture related to @miladymemecoin on his Twitter account, which caused the price of
Read MoreThe famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will hit $500,000 by 2025. During the same time period, he expects the price of gold to reach $5,000 and silver to hit $500. Kiyosaki also warned that a “giant
Read MoreThe famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that there is good news for investors looking for “bargains.” Robert Kiyosaki’s Latest Warnings The author of Rich Dad Poor Dad, Robert
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