Cryptocurrency Analysis and News Portal
Over the past two weeks, Bitcoin price appears to have lost momentum and some analysts are suggesting that bears will be in control for the foreseeable future. Taking a look at derivatives market data provides a clearer picture of what is happening on the institutional side and how the moves
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Bitcoin has now retraced as much as $11,000 and 27% from its 2021 peak, and while the current high might not be the top for this bull run, it could send price action headed downwards for a few weeks before the uptrend resumes. Bulls have only days to prevent a bearish
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Over the past two months the open interest on Bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4 billion as (BTC) price rose to a new all-time high. The result of Bitcoin’s price appreciation and the rising open interest on BTC options has
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The leverage used in the Bitcoin (BTC) futures market has fallen significantly in the past several days. This indicates that traders are generally uncertain about where BTC is heading in the near term.Estimated leverage on Binance. Source: CryptoQuantWhat is leverage and why is this metric crucial for Bitcoin market sentiment?In
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Ethereum beat even Bitcoin in terms of overall gains in 2020, but the altcoin still hasn’t broken its former all-time high, while Bitcoin has since left its record far behind. However, according to one crypto capital manager, as soon as Ethereum does take out its former peak, the altcoin will “double”
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Bitcoin prices edged higher on Wednesday as traders pinned hopes on the ongoing stimulus talks and fresh guidance
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The New York Attorney General (NYAG) anticipates the handover of loan documents relating to an alleged $850 million cover-up will be completed in “the coming weeks.”In a letter filed with the New York Supreme Court on Wednesday, the NYAG said stablecoin issuer Tether and cryptocurrency exchange Bitfinex had been cooperating
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Last week, as bitcoin broke its all-time price high, institutional investors poured the second highest amount on record into cryptocurrency funds.According to a Reuters report citing data from digital asset manager CoinShares on Monday, large scale cryptocurrency funds saw an inflow of $429 million last week alone. The largest-ever weekly
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In the run-up to the 2017 market peak, stories abounded of traders who bought bitcoin in the spot market just a few months before only to cash out to the tune of hundreds of thousands, if not millions, of dollars. The days of tripling or quadrupling your money in just
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Five weeks ago, OKEx suspended all account withdrawals after one of the key holders was detained by the police to assist in the investigation.After holding customers’ funds for over a month, Malta-based cryptocurrency exchange OKEx has resumed normal services at 8.00 (UTC) on November 26. However, despite all the promised
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