Institutions Snap Up Ether $5K Call, Bitcoin Risks Double Top as RBA Official Warns of FOMO Meltdown
Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks.
Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks.
Short-term indicators suggested limited downside at the onset of Asia trading hours; ether's price also dropped significantly.
Investment firm VanEck’s bitcoin futures exchange-traded fund (ETF) started trading on the Chicago-based CBOE exchange Tuesday.
Market appeared quite complacent due for a pullback, observers said.
The cryptocurrency could break the six-figure mark in Q4, one firm said.
An elevated inflationary environment is completely new territory for bitcoin and its reaction function, one analyst said.
The most significant improvement to the Bitcoin network in four years generated weekend enthusiasm in the blockchain community (and a short video) – but nothing too exciting in terms of a price reaction.
Chicago-based CBOE exchange says in website posting that the VanEck Bitcoin Strategy ETF will start trading Tuesday under the ticker symbol “XBTF.”
There are just seven weeks left in the year, and it seems there’s no consensus on who will win out: the HODLers (steadfast accumulators) or the profit-takers.
Bitcoin (BTC) analysts are counting down to the network's Taproot upgrade over the next few days. Some observers expect BTC price to rise, although others anticipate muted reaction from the market. Ether (ETH) is expected to pull back given divergences on charts.
The native token of Layer-2 scaling protocol for Ethereum offering faster and cheaper transactions, crashed on Friday as exchange inflows spiked.
Active user participation on Ethereum's network has decoupled from ether's rising price
Bitcoin (BTC) is stabilizing after a retreat from yesterday's all-time price high. Analysts remain bullish despite short-term price swings, and expect the upcoming Taproot network upgrade to be a positive event.
NDFs, a type of contract that's common in foreign-exchange markets, might make it easier for traditional financial institutions to enter the burgeoning arena of cryptocurrencies.
Bond traders are increasing their bets on faster inflation after the U.S. Consumer Price Index jumped 6.2% in the 12 months through October, the highest rate in three decades.
The Labor Department’s Consumer Price Index is closely tracked by bitcoin traders, since the cryptocurrency is seen by some investors as a hedge against inflation.
Bitcoin may struggle if inflation data revives rate hike fears, leading to risk-off in traditional markets
Bitcoin volume has increased the past two days but remains well below its mid-October high.
Bitcoin (BTC) is pulling back, although some traders are prepared to buy on dips amid a seasonally strong Q4. Analyst have upward price targets for both BTC and ether (ETH) despite slower trading volume.
The majority of DEX users are professional crypto traders looking for “new sources of alpha,” said one analyst.
Ether can take lead against bitcoin towards the year-end, one analyst said.
Ether’s options market flows appear more bullish than ever, with the cryptocurrency eyeing the psychological level of $5,000.
The total market capitalization of all cryptocurrencies neared a milestone of $3 trillion.
Indicators suggest that bitcoin, the largest cryptocurrency by market capitalization, is headed at least initially toward the $86K resistance level.
Bitcoin (BTC) is rising along with equities after some central banks appeared to be in no rush to raise rates last week. Analysts expect a bullish Q4 for crypto, although next year could be difficult as monetary stimulus fades.
A surge in the number of addresses acquiring SHIB near record highs signals peak speculative frenzy.