Why Is the Crypto Market Up Today?

The Bitcoin (BTC) price and crypto market cap (TOTALCAP) are both showing bearish signs inside an important resistance area

Why Is the Crypto Market Up Today?

Bitcoin market volatility is expected to rise today since almost $5 billion in Bitcoin options are expiring. This marks the largest mass expiry in months.

1 year ago

Crypto Derivatives Traders Favoring Bitcoin ETFs Over Weaker Ethereum Funds

Bitcoin ETFs (exchange-traded funds) are back in favor among crypto derivatives traders

Crypto Derivatives Traders Favoring Bitcoin ETFs Over Weaker Ethereum Funds

Bitcoin ETF Fever Back On June 27, derivatives trading analysis feed ‘Greeks.live’ reported that the latest wave of B...

1 year ago

Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving

The new rigs will add 7.6 EH/s to the firm’s self-mining capacity, but won’t be installed until the first quarter of 2024.

Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving

Riot Platforms — one of the world’s largest Bitcoin BTC $30,378 mining companies — has bought 33,280 “next-generation” Bitcoin miners for its Texas f...

1 year ago

Nostr App Damus Fights Back Against Removal From Apple App Store

Nostr-based app Damus is fighting back against its removal from the Apple App Store. It denies that any content is being sold via the app.

Nostr App Damus Fights Back Against Removal From Apple App Store

Nostr-based app Damus is fighting back against Apple’s decision to remove it from the iOS App Store. Apple claimed it was allegedly selling content, which Damus claims is “nonsense.&...

1 year ago

Bitcoin Setting New Records in Unmoved Supply as ‘Hodling’ Continues

The amount of Bitcoin supply that remains dormant is increasing as investors remain reluctant to sell

Bitcoin Setting New Records in Unmoved Supply as ‘Hodling’ Continues

“This is even more impressive considering a year ago was when BTC initially dropped down to $20K following the Luna collapse,” he added. There are also more than ...

1 year ago

‘Great Bitcoin Accumulation’ Race is Underway Claim Industry Experts

Bitcoin and crypto market sentiment has shifted dramatically this month as accumulation begins

‘Great Bitcoin Accumulation’ Race is Underway Claim Industry Experts

Crypto industry experts and influencers were quick to embrace the latest wave of positive market sentiment. On June 21, Bitcoin pioneer and entrepreneur Anthony Pompliano spo...

1 year ago

Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings

Investment managers WisdomTree and Invesco have filed for spot Bitcoin ETFs, hot on the heels of BlackRock.

Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings

New York-based asset management fund WisdomTree is the most recent investment firm to lodge a new filing for a spot Bitcoin ETF. According to a June 21 filing to the United S...

1 year ago

Short Crypto Liquidations Spike as Markets Surge $65 Billion

Crypto Liquidations Pile on as Markets Bounce Back

Short Crypto Liquidations Spike as Markets Surge $65 Billion

In one of the largest daily moves in recent months, crypto markets are up 5.2% over the past 24 hours. Total capitalization has returned to $1.17 trillion, climbing from an intraday lo...

1 year ago

Crypto investment products experience outflows for 9th consecutive week

Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon.

Crypto investment products experience outflows for 9th consecutive week

On June 19, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” revealing that cryptocurrency investment products experience...

1 year ago

Bitcoin Enters ‘Hangover Period’ With Low Volumes and Volatility

BTC holders continue to accumulate coins while futures trading volumes fall back.

Bitcoin Enters ‘Hangover Period’ With Low Volumes and Volatility

On June 19, on-chain analytics platform Glassnode reported that Bitcoin volatility, volumes, and realized values are at multi-year lows. On its “road to nowhere,” BTC markets showed ...

1 year ago

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