Cryptocurrency Analysis and News Portal
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 26, 2022. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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Prior to the unlock, AXS was one of the worst-performing crypto assets by dropping 24% in a week, according to Messari. Traders positioned themselves for dropping further, building up shorts – bets designed toprofit from an asset’s price fall – and funding rates tilted overwhelmingly negative on most exchanges, according
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Los rendimientos del Tesoro de Estados Unidos continúan siendo elevados luego de la publicación de los datos del CPI, algo que ofrecería una prueba de realidad para los activos de riesgo, incluyendo las criptomonedas. Source
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Therefore, the bounce in both equities and bitcoin could be fleeting. The Fed has raised rates by 300 basis points this year, yet core inflation, which strips out the volatile food and energy component, rose to a 40-year high in September. However, the so-called liquidity tightening has wrecked risk assets,
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The two largest cryptocurrencies by market cap, Bitcoin and Ethereum, have seen a significant rise in their open interest in the last
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Part of the Bitcoin code includes a so-called difficulty adjustment every 2,016 blocks (about every two weeks). The size and direction of the adjustment depends on the total computing power mining bitcoin, and its purpose is to keep block confirmations coming about every 10 minutes. Source
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Bitcoin (BTC) stayed higher into the Sep. 10 weekly close as optimistic forecasts favored $23,000 next.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,000 targets remain in placeData from Cryptox Markets Pro and TradingView showed BTC/USD hitting $21,730 on Bitstamp overnight — the most since Aug. 26.The pair managed to conserve its
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Bitcoin is showing weakness as BTC price trades in a tight range, the number one crypto by market cap saw a small
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Bitcoin (BTC) returned to $20,000 on Sept. 2 amid renewed bets on a “short squeeze” higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $20,700 short squeeze triggerData from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from another dip below the $20,000 mark on the day, continuing rangebound behavior.The pair
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Bitcoin (BTC) regained some lost ground at the Aug. 29 Wall Street open amid talk of an imminent short squeeze.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewShorts lose out in modest squeeze higher for BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to near $20,400 on Bitstamp as United
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