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“# Bitcoin leverage ratio reaches new highs ” The estimated leverage ratio for Bitcoin (BTC) hit a new all-time high last night according to CryptoQuant. Further metrics point to growing leveraged interest, but liquidations have remained relatively low. According to on-chain analytics resource CryptoQuant, while the Bitcoin price fell off a cliff over the past…
“# Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’ ” The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price dropped to $47,250 and investors are biting their nails after data from the U.S. consumer price index (CPI) shows inflation…
“#Leverage: Redemption Nabs Season 2 Renewal at IMDb TV” Leverage is not coming to a close in the near future. IMDb TV issued a formal pickup for a second season of the follow-up. The series is a follow-up to TNT’s Leverage and brought back Gina Bellman as Sophie “The Grifter” Devereaux, Beth Riesgraf as Parker…
“# $1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC price ” Bitcoin (BTC) bulls are still licking their wounds from the bloody Dec. 4 correction, which saw the price collapse from $57,000 all the way to $42,000. This 26.5% downside move caused $850 million in long BTC futures contracts…
“# New Bitcoin ETFs filed: One for bears, the other with ‘leverage for ants’ ” Exchange-traded fund issuer Direxion has filed for a product that would enable speculators to buy contracts that short the price of Bitcoin. In a filing made to the U.S. Securities and Exchange Commission on Oct. 26, the company unveiled the…
“# Blockchain.com exchange debuts Bitcoin margin trading ” Bitcoin (BTC) wallet and exchange platform Blockchain.com has announced the introduction of margin trading services. In a blog post issued on Tuesday, Blockchain.com stated that Bitcoin margin trading had been a regular request from users since launching its exchange service in 2019. According to the announcement, the platform…
“# Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale ” EOS began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a result, investors are questioning whether the former top-5 cryptocurrency has…
“# 3 reasons why Polkadot is en-route to a new ATH even after a 256% rally ” The recent 256% Polkadot (DOT) recovery over the past 56 days has been nothing short of spectacular. Although the price is 23% below its $49.80 all-time high from four months ago, the altcoin’s $39 billion market capitalization has…
“#Leverage: Redemption: Season One; IMDb TV Teases Sequel Series’ Return (Watch)” Leverage: Redemption is returning for the second half of its first season next month, and IMDb TV has released a new video teasing the series’ return. Gina Bellman, Aldis Hodge, Christian Kane, Beth Riesgraf, Noah Wyle, and Aleyse Shannon star in the Leverage sequel…
“# Analysts point to overleveraged traders after Bitcoin flash crashes to $43K ” Traders were caught flat-footed on Sep. 7 after a sharp collapse in the price of Bitcoin saw the digital asset fall below $43,000 and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated. Amount of Liquidations in…