The price of Bitcoin abruptly dropped to $8,600 in less than five minutes on June 1, and top crypto traders are split on the direction it will go. The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated. The pullback came merely […]
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A growing number of crypto exchanges are offering futures trading for Bitcoin and altcoins, can retail investors capitalize on this powerful instrument? There’s an increasing number of exchanges offering futures contracts trading. So far there’s Binance, FTX, Bitfinex, Bybit, and Kraken, to name just a few. Volumes are also picking up across the board and […]
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The price of Bitcoin rejected $9,600 as data shows the futures market led the BTC rally from $8,700 to $9,600. The price of Bitcoin (BTC) rose to as high as $9,620 on May 28 ahead of the CME futures market’s monthly close. Market data shows the rally of BTC — the biggest cryptocurrency by market […]
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Bitcoin’s strong rally to $9,600 increases the chance of BTC reclaiming $10K but tomorrow’s CME BTC contracts expiry is an event to monitor. Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28. After breaking out of the falling wedge pattern on Wednesday night, the top ranked cryptocurrency […]
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On May 29, CME BTC contracts expire, meaning Bitcoin price could experience volatility before and after the expiry. CME Bitcoin (BTC) futures and options markets are set to mature this Friday and traders are closely watching to see how spot prices will react to this event. The contracts expire every two months and according to […]
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The price of Bitcoin surges above $9,000 ahead of a Goldman Sachs client call about gold and BTC. The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is likely in the near-term. Three key reasons […]
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While Ethereum 2.0 is still not set in stone, three key metrics show us that users and investors are optimistic about the price of ETH. The Ethereum developer community is nearing the launch of Ethereum 2.0, a major multiyear milestone for the blockchain network. Ethereum 2.0 will mark the start of a shift from the […]
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As the Federal Reserve admits to “flooding” the market with cash, Bitcoin consolidates its post-halving position at $9,500. Bitcoin (BTC) is starting the second week of its fourth halving cycle clinging to $9,500, but what factors are weighing on the largest cryptocurrency this week? Fundamentals adapt to halving The start of a new week has […]
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Bitcoin options volume at CME rose 1000% this month as institutional investors built short-term bullish positions, but will BTC’s spot price rise? Bitcoin’s (BTC) options markets are finally taking off at CME. This week Cointelegraph reported that the combined volume traded over the last ten days surpassed $140 million, as institutional investors delved in call […]
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In the last week Bitcoin price rejected near $10,000 three times, raising the probability of a long squeeze. The price of Bitcoin (BTC) rose slightly above $9,900 on BitMEX, rising by nearly 9% within less than 48 hours since May 16. Despite the impressive recovery, the top ranked digital asset on CoinMarketCap faces a risk […]
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