Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations
Bitcoin futures data counters the assumption that BTC’s rally to $42,000 was primarily propelled by shorts liquidations. What is next for BTC? Go to Source
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Solana price hits a new 2023 high — What’s behind the SOL rally
SOL hit its highest price since May 2022, possibly due to an uptick in DApp use and a few other key factors. Go to Source
Bitcoin futures open interest jumps by $1B: Manipulation or hedge?
Bitcoin spiking above $27,200 amid a big jump in open interest has some analysts asking whether BTC price is being manipulated. Go to Source
CME Bitcoin trading volume surpasses Bybit, but is it impacting BTC price?
BTC trading volume at CME recently eclipsed Bybit but what does this mean for Bitcoin price? Go to Source
BlackRock has more to lose from a BTC price crash pre-Bitcoin ETF
The notion that BlackRock gains from cheaper Bitcoin for its ETF launch isn’t straightforward, neither is the government’s suppression of BTC price. Go to Source
Bitcoin price drops to a two month low — Did pro traders benefit?
A massive amount of traders were liquidated as BTC price dropped to $25,300, but was it primarily retail traders that were washed out? Go to Source
CPI report may show uptick in US inflation — How will Bitcoin price react?
Bitcoin price remains range bound as equities, gold and US Treasuries offer competitive rates with reduced risk. This week’s CPI report could shake things up. Go to Source
MicroStrategy to stay on Bitcoin course even if spot ETFs approved: Saylor
Michael Saylor compared his firm to a “sportscar” whereas a spot ETF will be like a “supertanker” when it came to giving investors Bitcoin exposure. Go to Source Powered by WPeMatico
3 reasons why Bitcoin’s price is primed to hold the $30,000 level as support
Bitcoin price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage. Go to Source Powered by WPeMatico
4 reasons why Ethereum price can’t break $1,970
The Ethereum network has faced withdrawals from its smart contract applications, putting the recent ETH price rally in check. Go to Source Powered by WPeMatico
