👀 The pre-halving Bitcoin correction may be over
💸 Over $15.1 billion in crypto futures options expired on Deribit on March 29, 8:00 am UTC.
📊 Of this, $9.53 billion were Bitcoin options, with a put/call ratio of 0.84 and a potential "max pain" price of $51,000.
🚀 Bitcoin's price fell 0.7% in the 24 hours leading up to 10:35 am UTC but remained above $69,000 post-expiry, indicating the possible end of the pre-halving retracement, analysts believe.
💸 Over $15.1 billion in crypto futures options expired on Deribit on March 29, 8:00 am UTC.
📊 Of this, $9.53 billion were Bitcoin options, with a put/call ratio of 0.84 and a potential "max pain" price of $51,000.
🚀 Bitcoin's price fell 0.7% in the 24 hours leading up to 10:35 am UTC but remained above $69,000 post-expiry, indicating the possible end of the pre-halving retracement, analysts believe.
👀 Bitcoin exchanges' BTC balances have dropped almost $10B in 2024
Data from on-chain analytics firm Glassnode shows that since Jan. 11, exchanges are down over 136,000 $BTC. 💸
The withdrawal trends from Bitcoin exchanges paint a clear picture: "pent-up demand" from spot ETFs is merging with the approaching halving, squeezing the available $BTC supply.
Where will this trajectory take Bitcoin's price? 🤔
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Data from on-chain analytics firm Glassnode shows that since Jan. 11, exchanges are down over 136,000 $BTC. 💸
The withdrawal trends from Bitcoin exchanges paint a clear picture: "pent-up demand" from spot ETFs is merging with the approaching halving, squeezing the available $BTC supply.
Where will this trajectory take Bitcoin's price? 🤔
👉 Read More
📊 Price analysis 3/29: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON
Bitcoin is struggling to sustain above $70,000, indicating that the long-lasting rally could be tiring out.
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Bitcoin is struggling to sustain above $70,000, indicating that the long-lasting rally could be tiring out.
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Bitcoin 5% flash crash leads to $165M in leveraged crypto liquidations
Bitcoin plunged 5% from $69,450 to as low as $65,970 in less than 30 minutes, in early hours on March 2 UTC, per TradingView data.
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Bitcoin plunged 5% from $69,450 to as low as $65,970 in less than 30 minutes, in early hours on March 2 UTC, per TradingView data.
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📉 Bitcoin resets bull market BTC price metrics as April dip passes 7%
$BTC price action may be upsetting for leveraged longs, but Bitcoin market observers are finding reasons for optimism.
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$BTC price action may be upsetting for leveraged longs, but Bitcoin market observers are finding reasons for optimism.
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Spot Bitcoin ETF trading volume tripled in March to $111 billion
This substantial increase, from February's $42.2 billion, underscores the strong market response to these ETFs since their debut on January 11. Leading the charge, BlackRock’s IBIT emerged as the top player, closely followed by Grayscale’s GBTC and Fidelity’s FBTC.
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This substantial increase, from February's $42.2 billion, underscores the strong market response to these ETFs since their debut on January 11. Leading the charge, BlackRock’s IBIT emerged as the top player, closely followed by Grayscale’s GBTC and Fidelity’s FBTC.
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Price analysis 4/2: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, ADA, AVAX
With increased institutional interest in Bitcoin, especially with the upcoming halving and the success of spot Bitcoin ETFs, there remains a bullish sentiment for the next quarter.
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With increased institutional interest in Bitcoin, especially with the upcoming halving and the success of spot Bitcoin ETFs, there remains a bullish sentiment for the next quarter.
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📈 Bitcoin traders ignore Silk Road sale as $BTC price bounces to $66.5K
Bitcoin "bearish narratives" should not get in the way of the broader picture, says analysis.
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Bitcoin "bearish narratives" should not get in the way of the broader picture, says analysis.
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Price analysis 4/3: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON
Bitcoin's current consolidation suggests a struggle between buyers and sellers, with historical data hinting at a potential average price drop of 8.33% for this week. Traders are keenly watching the performance of spot Bitcoin ETFs after March's significant increase in trading volume from February's $42.2 billion to March's $111 billion.
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Bitcoin's current consolidation suggests a struggle between buyers and sellers, with historical data hinting at a potential average price drop of 8.33% for this week. Traders are keenly watching the performance of spot Bitcoin ETFs after March's significant increase in trading volume from February's $42.2 billion to March's $111 billion.
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Memecoins were ‘most profitable crypto narrative’ in Q1 2024 — CoinGecko
The memecoin sector has emerged as the leading narrative in Q1 2024, with CoinGecko reporting unparalleled profitability compared to other crypto sectors. Memecoins, on average, yielded returns of 1,312.6%, with new entrants like Book of Meme, Brett, and Cat in a Dogs World ranking among the top 10 by market capitalization.
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The memecoin sector has emerged as the leading narrative in Q1 2024, with CoinGecko reporting unparalleled profitability compared to other crypto sectors. Memecoins, on average, yielded returns of 1,312.6%, with new entrants like Book of Meme, Brett, and Cat in a Dogs World ranking among the top 10 by market capitalization.
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This simple Bitcoin investment strategy prevents crypto traders from being liquidated
Data proves that dollar-cost averaging into Bitcoin produces better results than FOMO purchasing and attempting to time the market.
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Data proves that dollar-cost averaging into Bitcoin produces better results than FOMO purchasing and attempting to time the market.
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Why is Dogecoin price down today?
Dogecoin price retracts as the wider crypto market corrects and traders choose to book profit.
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Dogecoin price retracts as the wider crypto market corrects and traders choose to book profit.
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👀 BTC price is headed to $435K by 2028 halving
Bitcoin price rallied approximately 650% since the last Bitcoin halving in 2020.
💸 If history repeats, Bitcoin could reach the $435,000 price level before the 2028 halving, analysts believe.
Bitcoin price rallied approximately 650% since the last Bitcoin halving in 2020.
💸 If history repeats, Bitcoin could reach the $435,000 price level before the 2028 halving, analysts believe.
Bitcoin taps $67.5K as 2% BTC price gains accompany US jobless claims
BTC price was boosted by bullish signals for Bitcoin and risk assets from the U.S. Federal Reserve and unemployment data.
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BTC price was boosted by bullish signals for Bitcoin and risk assets from the U.S. Federal Reserve and unemployment data.
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Why is Bitcoin price stuck?
This period of fluctuation between $62,800 and $71,860 showcases a market indecisiveness, even as BTC has hit new all-time highs in 2024 but failed to sustain a clear price trend.
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This period of fluctuation between $62,800 and $71,860 showcases a market indecisiveness, even as BTC has hit new all-time highs in 2024 but failed to sustain a clear price trend.
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Bitcoin absorbs over $100 million worth of 'sell-side days' as bears lose influence over BTC price
Bitcoin sellers have failed to spark a classic bull market correction this cycle, new analysis concludes.
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Bitcoin sellers have failed to spark a classic bull market correction this cycle, new analysis concludes.
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Why is Ethereum (ETH) price down today?
The causes behind ETH's drop include an increase in liquidations within the crypto derivatives market, reduced volume and Total Value Locked (TVL) on the Ethereum network, and a noticeable uptick in the supply of ETH on exchanges due to activities by large investors, or "whales."
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The causes behind ETH's drop include an increase in liquidations within the crypto derivatives market, reduced volume and Total Value Locked (TVL) on the Ethereum network, and a noticeable uptick in the supply of ETH on exchanges due to activities by large investors, or "whales."
👉 Read more
Binance trading volumes hit yearly high at $1.12T in March
Binance experienced a surge in trading volumes, reaching a peak of $1.12 trillion in March, driven by trader enthusiasm amid the ongoing crypto bull market.
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Binance experienced a surge in trading volumes, reaching a peak of $1.12 trillion in March, driven by trader enthusiasm amid the ongoing crypto bull market.
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🚀Plotting the path to $80K — 5 things to know in Bitcoin this week
BTC price surges before Wall Street opens as CPI week seems to set the stage for the upcoming Bitcoin halving.
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BTC price surges before Wall Street opens as CPI week seems to set the stage for the upcoming Bitcoin halving.
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