Open Interest surged to $3.22 billion Thursday to levels not seen since February.
Bitcoin Analysis News
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Tesla’s Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February.
10735ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.
13801The bullish analogy appears as Bitcoin reserves across all the crypto exchanges fall to their lowest in the previous 12 months, suggesting holding sentiment among traders.
32363Traders wound up their long Bitcoin derivatives contracts ahead of the October price rally, ignoring solid on-chain fundamentals.
7963The flagship cryptocurrency has closed October in profit seven out of nine times since 2013, raising hopes that it will be able to log a fractal bull run in the next 31 days.
33057Rising jobless claims in the U.S. sparked sell-offs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.
28639One of the crypto mining stocks delivered more than 1,600% returns year-over-year (YoY) while Bitcoin's gains in the same period came out to be around 290%.
9667The flagship cryptocurrency closed the previous week below its 21-week exponential moving average for the 19th time in history, triggering additional selloff risks.
9181The second-largest cryptocurrency falls 13.30% versus Bitcoin's 9.38% decline as China's move scares investors away.
14827Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH.
11479The pattern's neckline support near $1,984 emerges as Ether's downside target.
38084Bitcoin has been leaving Coinbase’s wallets in 2021, while BTC exchange reserves on Binance tell a different story.
16741BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not “collapse” if there is a global stock market meltdown.
20242The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%.
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