The BTC options market reveals growing pessimism, with more active hedging against further price slides. The prevalence of put options, with growing volumes and open interest, suggests traders are preparing for downside movements. BTC options have pointed to risk mitigation from price drops over the past three months. The data drew even more attention, as
Key Highlights: Bitwise CEO Hunter Horsley says that the current downturn does not follow the four-year Bitcoin (BTC) cycle. According to Horsley, institutional investors and ETF products have reshaped the market behaviour. Experts believe this is a temporary dip and not a structural collapse. The crypto market is currently facing a pullback, the prices of
Have you checked the latest BTC perpetual futures data? Recent figures reveal a fascinating shift where short positions outpace longs, signaling potential market volatility ahead. This imbalance could influence your trading decisions, so let’s break down what it means for Bitcoin’s trajectory. What Do BTC Perpetual Futures Numbers Tell Us? Analyzing BTC perpetual futures data
Key Takeaways Strategy moved $5.7 billion in Bitcoin to new wallets. Analysts view the transfer as part of a custody restructuring effort. Strategy, a business intelligence company leveraging preferred stock structures to enhance Bitcoin adoption for risk-averse investors, transferred $5.7 billion in Bitcoin to the new wallets, according to data tracked by Lookonchain. Analysts have
According to a recent research by the Bitcoin Policy Institute, there is a broad appeal for Bitcoin when framed ideologically across partisan divides in the US. Data acquired across various groups, including Democrats, Republicans, and Independents, reveal that each group has a unique approach toward cryptocurrency, which influences their support for pro-Bitcoin lawmakers. Bitcoin as
Key Takeaways Tesla shares dropped below $400 in pre-market trading amid tech sector selling pressure. Analysts attribute the decline to weak EV demand and lowered earnings estimates for Tesla. Tesla shares dropped to $383 in pre-market trading, extending losses after a bruising session for tech stocks, according to Yahoo Finance data. The stock fell more
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors nosedive, fall 8-12%; BTC at $95,000 Canary’s XRP ETF debuts with biggest volume of the year Jack Dorsey’s
Bitcoin (BTC) has fallen below $100,000 again due to diminishing expectations for a Fed interest rate cut in December and heightened uncertainty due to the prolonged US lockdown. While BTC is experiencing a sharp correction that has dragged it down to $96,000, bearish sentiment is also increasing for BTC. However, analysts generally state that it
Massive exchange-traded fund outflows, declining institutional and retail spot appetite, and increased selling pressure from whale activity have investors questioning whether crypto is in a bear market. Bitcoin dropped below $95,000 Friday morning, down 8% on the day and over 24% since its record peak of $126,200 just five weeks ago, according to CoinGecko data.
Bitcoin dips to a six-month low after recent highs as crypto analyst Income Sharks reexamines a 2022 sub-$20K buy zone chart. Bitcoin is trading at $97,242 amid a turbulent month that has seen the premier crypto asset swing between $97K and $111K. BTC began November near $110K but could not sustain the rally, retracing to