Cryptocurrency Analysis and News Portal
On-chain data shows the Ethereum funding rates have now declined to the lowest value in 14 months, something that could pave way for a short squeeze in the market. Ethereum Funding Rates Reach Highly Negative Value As pointed out by an analyst in a CryptoQuant post, the ETH funding rates are currently
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The Celsius (CEL) community has rallied on Twitter once again to fight off short positions against their favored crypto token despite multiple challenges faced by the exchange, including bankruptcy and rumors of the company’s CEO fleeing from the United States.Thousands of tweets with the #CelShortSqueeze tag have been posted on
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“Since the circulating supply is very small, it is technically possible to create a short squeeze, although the impact in the overall market could be very limited and hard to sustain over a longer period of time,” Samir Kerbage, crypto asset manager Hashdex’s chief product and technology officer, told CryptoX. Source
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Data shows the Bitcoin funding rate has increased to a relatively high positive value recently, something that could lead to a long squeeze in the market. Bitcoin Funding Rate Becomes Positive As Open Interest Rises Up As pointed out by an analyst in a CryptoQuant post, the BTC funding rate has a
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On Thursday, bitcoin dipped under the $20,000 amid a broader fall in Eurasian markets, recovered over that level, and then fell to as low as $18,650 in U.S. evening hours. A short squeeze then saw bitcoin touch over $20,900 in early Asian hours on Friday, which was then followed by
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The Bitcoin crash of last week was a brutal one for the market. It saw the digital asset lose its footing from where it had been trending just below $30,000 to crash to the mid $17,000s before a recovery had begun. With the new week, the market had started to
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The price of CEL, the native token of Celsius Network, has almost quadrupled since June 19 in what appears to be a frenzy stirred up by day traders.CEL price short squeezeCEL's price rose from $0.67 on June 19 to $1.59 on June 21, a 180% spike compared to the crypto
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On June 14, discussions of Celsius continued to populate media headlines and June 14's news involved the platform's CEL token accruing massive gains after what appears to either be an exchange glitch or a short-squeeze. CEL price spiked from $0.18 to $1.55 in one abrupt candle before sinking back to
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On-chain data shows the Bitcoin open interest is sharply rising, a sign that a long squeeze may be brewing in the crypto futures market. Bitcoin Open Interest Has Observed Rise Recently, While Funding Rates Remain Positive As pointed out by an analyst in a CryptoQuant post, the futures market may be heading
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On-chain data shows the Bitcoin funding rates have observed a rise again, suggesting that another long squeeze may be in store for the crypto. Bitcoin Funding Rates Show Relatively High Positive Value As explained by an analyst in a CryptoQaunt post, the current positive funding rates may mean the price could observe
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