Open interest, or the number of active APE options contracts, surged by over 800% to 263,000 ($394.5K) in one day, PowerTrade told CoinDesk Monday, adding that call options or derivatives, offering an asymmetric upside potential, account for over 80% of […]
APE Traders Make Bold Moves in PowerTrade’s Altcoin Options Market Read More »
Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100 By Year-End Source link Omkar Godbole
Asia's Elite Embrace Crypto, Foresee Bitcoin at $100K by Year-End Read More »
The moving average convergence divergence (MACD) histogram, a technical analysis indicator used to gauge trend strength and changes, has flipped positive on the weekly chart for the first time since April, according to charting platform TradingView. It signifies a renewed
Bitcoin Gets Bullish MACD Signal as BTC Eyes $70K Breakout Read More »
Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week. Source link Omkar Godbole
The ratio’s present price pattern resembles late 2020. Source link Omkar Godbole
DOGE/BTC Bear Trend Intact After Dogecoin's 24% Weekly Gain Read More »
Thus, the surge in these risky loans is noteworthy as it can lead to a liquidation cascade. In this self-reinforced process, a series of liquidations happen quickly, lowering crypto prices. That, in turn, causes further liquidations and increased market turbulence.
Liquidation Cascade Ahead? ‘High-Risk’ Crypto Loans Surge to a Two-Year High of $55M Read More »
“The upside convexity on a Trump win is worth being long, and we are seeing market participants building positions in the lead-up. In the absence of an escalating crisis, we see BTCUSD at 70,000 in the coming weeks, continuing off
Bitcoin’s (BTC) Inverse Ties With Dollar Index (DXY) Challenged as U.S. Election Looms Read More »
The shorter duration limits the gap between futures and spot prices, ensuring a lower premium than monthly standard and micro futures contracts. The lower premium means the contango bleed, or the cost incurred from moving positions from the impending expiry
CME’s Bitcoin (BTC) Friday Futures Are Ideal for News Traders: CF Benchmarks Read More »
While the breakout on the line break chart indicates the scope for a rally to new peaks, traders should be watchful of two things, the first being the candlestick chart, which shows bulls have consistently failed to secure a foothold
Bitcoin, the leading cryptocurrency by market value, rose to nearly $63,500 during North American hours, probing a downtrend line characterizing the pullback from late September highs above $66,000, according to data source CoinDesk and TradingView. Prices topped $63,400 late Friday
