Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls?
BTC’s futures markets premium and options risk gauge show that there are not any signs of excessive leverage or FOMO from traders — yet. Go to Source Powered by WPeMatico
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All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600. Go to Source Powered by WPeMatico
Key Bitcoin options ‘fear’ indicator reflects traders’ regulatory concerns
On Tuesday, SEC Chair Gary Gensler re-confirmed his plan to crack down on cryptocurrencies, and traders’ regulatory concerns are confirmed by this key Bitcoin futures and options indicator. Go to Source Powered by WPeMatico
Bitcoin price stages a comeback as 3 indicators reflect BTC’s strength
The futures premium, top traders’ long-to-short ratio and options skew all signal that pro traders still feel positive about Bitcoin price. Go to Source Powered by WPeMatico
Pro traders are mildly skeptical about Bitcoin’s recent return to $50K
Bitcoin’s price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons. Go to Source Powered by WPeMatico
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider … Read more
Demand for Crypto Analytics Continues as Messari Raises $21 Million
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto Market Intelligence Firm Messari Secures $21 Million Digital … Read more
Bears scattered as Bitcoin hit $40K, but pro traders remain cautious
Bitcoin’s rally to $40,000 alleviated some of the bearish sentiment in the market, but data shows derivatives traders still walking on eggshells. Go to Source Powered by WPeMatico
Ethereum has strong fundamentals, so why are pro traders bearish on ETH?
Ethereum price has outperformed Bitcoin by 32% since May but derivatives data shows pro traders are feeling less bullish about the top altcoin. Go to Source Powered by WPeMatico
2 Bitcoin price indicators suggest BTC has not bottomed yet
Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious. Go to Source Powered by WPeMatico
