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Friday, January 22, 2021

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Bitcoin price on the cusp of a major movement | Traders on standby

Bitcoin whales appear to be offloading their holdings, fueling further downward pressure. The 100-day moving average continues containing falling prices at bay. A...

Bitcoin retail traders have a lot to lose if this happens

MicroStrategy’s $500M investment in Bitcoin, now its primary asset reserve, has consistently made the headlines for over a week. Significantly, this move was viewed...

Here’s why falling ETH inflows should concern DeFi traders

ETH inflows to exchanges have dropped by 53% in less than a week, a development that may sound alarming to DeFi traders. The inflows...

Should Ethereum traders brace for a U-turn?

DeFi’s explosion has fueled Ethereum’s transaction fee hike and the subsequent price rally. When DeFi exploded on 2 September 2020 and later, on 5...

Bitcoin options data shows traders anticipate BTC price to fall soon

Market data from Skew shows investors in the Bitcoin (BTC) options market are cautiously bearish in the short term as of Sep. 8. The...

Ethereum’s rising transaction fees may be a deal-breaker for day traders

Until quite recently, Ethereum’s price seemed to have surged overnight owing to the ongoing DeFi craze. In fact, according to many analysts, DeFi’s explosion...

Here’s why spot traders should care about BitMEX’s $264M sell liquidations

Bitcoin’s recent price action triggered a cascade of sell liquidations on BitMEX. In fact, a total of $264 million sell orders were liquidated following...

BTC dips below $10K as traders eye ‘CME gap’

An aggressive week of selling has seen the price Bitcoin (BTC) fall below $10,000 for the first time since late-July, triggering fear in the...
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