Bitcoin correction ‘almost done’ as realized losses rise above weekly average
Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off. Go to Source
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Double-digit drop in Bitcoin profit-taking metric hints that BTC is ‘ready’ to rally — Analyst
Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store. Go to Source
Bitcoin 15% futures basis ‘insane’ as BTC price sees record daily close
Bitcoin leveraged bets are off the table after repeated washouts — but BTC price action is seen beating all-time highs within days. Go to Source
Bitcoin ‘spinning top’ candle targets $115K after recent 15% BTC flash crash
Bitcoin’s rebound from this week’s flash crash re-set key price metrics and paved a path for BTC to chase after the $115,000 level. Go to Source
Crypto exchange volume hits record high: CCData
Crypto exchanges clocked more than $10 trillion in volume across spot and derivatives markets, CCData said. Go to Source
Van Eck reissues $180K Bitcoin price target for current market cycle
Van Eck says BTC can reach a price of $180,000 this cycle but warned that elevated funding rates could be showing early signs of “overheating.” Go to Source
Bitcoin’s record highs push big banks’ profits to billions — Report
As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts. Go to Source
Bitcoin rally to $68.4K may have been the Uptober top — Here’s why
Bitcoin’s price rejection at $68,500 and the record high use of leverage could be signs that BTC is in for a sharp correction. Go to Source
Blockchain data firm Arkham to launch derivatives exchange: Report
Arkham Intelligence’s token, ARKM, is up more than 16% on the news, according to CoinGecko. Go to Source
Crypto Biz: Axelar’s new interoperability stack goes live
With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications. Go to Source
