Lai Tran May 31, 2021 0 Comments

Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders

On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of the market moving higher. Source: https://cointelegraph.com/rss Bitcoin rejects near .5K, on-chain data shows capitulation from short-term holders

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Lai Tran May 31, 2021 0 Comments

How relevant is the $900M open interest on Bitcoin options above $100K?

Pro traders have been buying ultra-bullish $100,000–$200,000 Bitcoin options, but how confident are they that these targets will be achieved? Source: https://cointelegraph.com/rss How relevant is the 0M open interest on Bitcoin options above 0K?

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Lai Tran May 30, 2021 0 Comments

2 Bitcoin price indicators suggest BTC has not bottomed yet

Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious. Source: https://cointelegraph.com/rss 2 Bitcoin price indicators suggest BTC has not bottomed yet

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Lai Tran May 30, 2021 0 Comments

Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE

MATIC, EOS, XMR and AAVE could rally higher over the coming days if Bitcoin price can sustain within the $30,000 to $33,000 support zone. Source: https://cointelegraph.com/rss Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE

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Lai Tran May 30, 2021 0 Comments

Cardano leads tepid crypto market recovery ahead of Memorial Day

Fears of a nasty pre-Memorial Day selloff in cryptocurrencies may have been overstated, early indicators suggest. Source: https://cointelegraph.com/rss Cardano leads tepid crypto market recovery ahead of Memorial Day

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