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$28,000 Bitcoin is in the cards, but it won’t happen without a struggle
15.5.2023
Professional Bitcoin traders displayed strength after the BTC price corrected to $25,830, favoring further bullish momentum
Does Bitcoin price risk losing $28K with BTC futures premium at 2-month lows?
8.5.2023
Professional Bitcoin traders are favoring sideways price action as BTC futures premium drops and the options delta skew nears 0%
Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday
19.3.2023
Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market...
Bitcoin bulls ignore the recent regulatory FUD by aiming to flip $25K to support
20.2.2023
Bitcoin's upward momentum could continue according to Asian stablecoin demand and the BTC futures premium
South Korea’s Kimchi premium turns to discount
20.2.2023
The "Kimchi premium" has flipped to discount again, and could be saying something about crypto market sentiment, at least in South Korea
Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report
14.2.2023
Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today's CPI report are front of mind for many investors
North Korean Defectors, Libyans Indicted for ‘Kimchi Premium’ Crypto Trading
3.2.2023
South Korean prosecutors have arrested a group of foreign nationals – comprising North Korean defectors and at least one Libyan national – over suspected “kimchi premium”-type crypto trading offenses.
Per Yonhap, prosecutors have charged and detained three individuals, including a 44-year-old...
Nigerian Crypto Users and Enthusiasts Dismiss 100% BTC Premium Claims
2.2.2023
Nigerian blockchain and crypto enthusiasts have said recent reports suggesting that local residents are paying a premium of almost 100% on top of the prevailing price of bitcoin “are totally false.” They argue that such reports are based on a claim that is being propagated by persons...
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
30.1.2023
The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000
5 reasons why the Aptos (APT) rally could still have wings
27.1.2023
Aptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price
Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
23.1.2023
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months
17.1.2023
Global and U.S. economic data and a few BTC derivatives-related metrics could determine whether Bitcoin retests the $20,000 level in the short-term
Bitcoin derivatives data suggests a BTC price pump above $18K won’t be easy
9.1.2023
The BTC futures premium remains a topic of concern, but it appears that traders are starting to price similar risks for the upside and downside
Ethereum needs to defend $1,180 to sustain this 50-day ascending pattern
30.12.2022
ETH price bulls struggle as futures remain trading below its fair value, signaling excessive demand for shorts
Bitcoin rebound to $18.4K? BTC price derivatives show strength at key support zone
21.12.2022
Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
26.9.2022
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund...
Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt
4.9.2022
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008...
Telegram Launches Premium Tier Benefits Seeking to Monetize Platform
22.6.2022
Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity...
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
17.6.2022
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market
Bitcoin price broke to the upside, but where are all the leveraged long traders?
1.6.2022
BTC price looks to break out of its downtrend, yet pro traders are still unwilling to add leveraged positions