While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox…
Category: Crypto Analysis
Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?
Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability…
Bitcoin Bollinger Bands Squeezing: Is BTC Ready For $140,000?
Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls…
Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details
Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Crypto…
Buying ‘Ethereum Beta’ Altcoins Is A Recipe For Disaster, Researcher Finds
In a research report released on July 18, 2024, Thor Hartvigsen, a crypto researcher, strongly cautioned against the investment strategy of purchasing high-beta altcoins within the Ethereum ecosystem as a leveraged tactic, particularly with the forthcoming launch of the spot…
Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom — Analyst
Recently, injective (INJ) has undergone explosive growth, pushing itself to unprecedented heights and drawing interest both from experts and bitcoin aficionados. Over the past week, the digital asset has jumped about 32%, and a measly 1% in the last day.…
Binance Forays Into Indonesia’s Booming Crypto Scene, a Key Emerging Market
For a number of reasons, a majority of the nations in Southeast Asia have quickly become mainstays in the crypto space. Singapore, whose government has indirectly invested in Binance, is known for its array of industry startups, banks that operate in…
CME Bitcoin Futures See Record Volumes, Crucial Signal For Rising Institutional Demand
This week saw the highest ever volume for Bitcoin futures on the Chicago Mercantile Exchange as volume exceeded 18,000. The big signal is that institutional investors are paying attention as futures contracts get snapped up at an ever-increasing rate. Record…
Half The Crypto Market Wiped Out in Less Than a Month
FOMO Moments Crypto markets licking wounds from a new yearly low; gains are marginal as all altcoins are still on the floor. A few hours ago crypto markets dropped to their lowest levels since early August 2017. Market capitalization plummeted…