Bitcoin price metrics forecast rally to $100K and above — Here’s why
Data suggests Bitcoin’s all-time high rally to $93,400 is far from over. Go to Source
Sentiment
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‘Uptober’ mentions on social media plummet amid crypto rout
“Uptober” fever has been waning on social media as crypto markets shed $200 billion since the start of October, according to Santiment. Go to Source
Bitcoin bull run unlikely as long as social sentiment runs too hot — Santiment
Santiment says there’s nearly double the amount of bullish posts to bearish ones on social media. Go to Source
Is the 25% drop in PEPE, SHIB and APE a sign of a deepening crypto bear market?
Meme coins reflect a higher beta to the entire crypto sector, but does their recent 25% price drop signal a deepening bear market for BTC, ETH and large caps? Go to Source
Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets. Go to Source
Jimbos Protocol offers deal to hacker, threatens police action
The deal was posted to both the Ethereum network and the protocol’s official Twitter channel. Go to Source Powered by WPeMatico
Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals
Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession. Flight to Safety: Investors Increase Cash Reserves and Brace for … Read more
Scaramucci: ‘We’re through the bear market’ as Bitcoin notches up 70% YTD
Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points. Go to Source Powered by WPeMatico
Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time high
Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago. Go to Source Powered by WPeMatico
89% still trust centralized custodians despite 2022’s collapses: Survey
A January survey from Paxos found that 89% of respondents still trusted “intermediaries” to hold their crypto, despite the collapses and bankruptcies in 2022. Go to Source Powered by WPeMatico
