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Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated
21.3.2024
The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market...
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
14.2.2024
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained...
From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires
15.11.2023
Michael Burry, famously known for his bold ‘Big Short’ wager against subprime mortgages in the early 2000s, has recently offloaded several substantial bearish positions following unsuccessful outcomes. As the founder of Scion Asset Management, Burry dissolved his put options on major...
Bitcoin’s Meteoric Rise to $35,000 Erases $232M in Short Positions in Just 24 Hours
24.10.2023
On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed...
Bitcoin liquidates $23M in shorts as BTC price tags new September high
8.9.2023
Bitcoin speculators get burned as BTC price action delivers an overnight spike, only to reverse direction and give back all its gains
Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
11.8.2023
BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets
Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
11.8.2023
BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets
Will $30K be a new springboard for Bitcoin bulls?
27.6.2023
Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests
This bearish technical pattern hints at a double digit drop in Bitcoin price
25.5.2023
Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin’s dwindling bullish prospects
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
25.5.2023
Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing decline of the U.S. dollar and anticipate a decrease...
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
17.1.2023
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest...
Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K
13.1.2023
Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion
Bitcoin price rallies to $19K, but analyst says a $17.3K retest could happen next
12.1.2023
Bitcoin price hit a year-to-date high near $19,000 as pro traders used leverage to propel the pump, but derivatives data hints at reasons for BTC price to retest $17,300
Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever
13.9.2022
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development?
Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?
15.6.2022
Pro traders were forced to cut their losses after margin and futures markets became over-leveraged, creating a potential entry point for bullish buyers
Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?
6.6.2022
A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider
Lost Ark's Depiction Of Female Characters Feels A Decade Out Of Date
14.2.2022
Lost Ark is a lot of fun. I’ve played hours and hours of it and I’m excited to play more. However, the latest smash hit on Steam is facing criticism for how it portrays its female characters. Read more
Ethereum price holds above $3K but network data suggests bulls may get trapped
9.2.2022
ETH price just broke from a long-term descending channel, but on-chain data still points to a few bearish catalysts
Massive Short Squeeze Pushes Bitcoin Closer to $40K, Crypto Economy Jumps 9% Higher
26.7.2021
The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages and currently hovers above the $38K range. The entire cryptocurrency economy has spiked 9.72% rising to $1.53...
Incoming Squeeze? Bitcoin Shorts on Bitfinex Spike, BTC Long Positions Tap Fresh New Highs
12.7.2021
The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin...