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“# Record $7.9B Bitcoin futures open interest shows bears are watching BTC price ” Today Bitcoin (BTC) price blasted through the $20,000 level and in the process, a record $7.9 billion in futures open interest was set. Although the price increased by 74% over the past two months, the total accumulated short-seller liquidations amounted to…
“# Ethereum smashes past $600 as CME unveils ETH futures product ” Ether (ETH) has followed the breakout above $20,000 for Bitcoin (BTC) on Dec. 17, boosted by some big news from the Chicago Mercantile Exchange (CME). The CME just announced that they’d be launching Ether futures in 2021. “Based on increasing client demand and robust growth…
“# Bancor soars 86% in two days as Coinbase lists BNT, DEX volume spikes ” The price of BNT, the native token of Bancor, surged 86% in merely two days from $1.02 to $1.919. The rally was fueled by a combination of Coinbase listing BNT and the growing volume of Bancor’s DEX. The Coinbase listing…
“# DeFi tokens rally while Bitcoin bulls attempt to flip $19.5K to support ” The world’s negative-yielding debt has soared to over $18 trillion according to Bloomberg. In such times, it is no surprise that the decentralized finance space, a place where mouth-watering yields can be found, has become an investor favorite. Due to high…
“# 3 reasons why Bitcoin just dropped after failing to break $19.5K again ” The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback. Bitcoin spiked to around $19,600 because of the momentum of…
“# 4 key Bitcoin price metrics explain why investors are buying each BTC dip ” As Bitcoin (BTC) tested a $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. The week may have finished at the same level where it started, but the fundamentals for Bitcoin have become even…
“# XRP price drops 13% since Flare Network airdrop — But the bottom may be close ” XRP is another cryptocurrency that has been doing well besides Bitcoin (BTC) in the past few months. However, its price has been slumping lately dropping below $0.50 on Dec. 14, or down nearly 15% over the past two days. On…
“# Here’s 5 key Bitcoin factors to watch as new investors buy BTC in 2021 ” The end of 2020 has been lighting up crypto-centric subreddits and feeds of Bitcoin hodlers as the appetite for the digital bullion reaches an all-time high. The explosion has been accelerated via the adoption of the network by PayPal,…
“# 5 key metrics signal Ethereum price is ready to make a new all-time high ” Ether (ETH) price might have had a disappointing week after its price failed to hold the $600 level, but the fundamentals of the network and cryptocurrency remain solid. Traders are known for having short memories so it’s worth mentioning…
“# Bitcoin price suddenly regains bullish momentum with $20K in sight ” Bitcoin (BTC) remains in the spotlight after MassMutual became the latest company to allocate $100 million of its portfolio into Bitcoin. This is adding to the impressive buy pressure at the moment, renewing hopes of Bitcoin breaking $20,000 in December. While a correction…