Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
Trader Doctor Profit said he has increased his Bitcoin short position to $13 million and expects BTC to undergo a correction toward $79,000. According to ChainCatcher, he said he will decide his next move after Bitcoin reaches that level, based on price action.He added that the short position does n…
ETH rose above 2,700 USDT and was last quoted at 2,700.09 USDT. According to Odaily, its 24-hour decline narrowed to 2.49%.
Traders are watching the quarterly expiration of roughly $15 billion in Bitcoin options contracts for signs on whether the rally can continue, according to Bloomberg.The expiry is one of the must-watch events in the derivatives market.
Tron’s total transaction volume has officially surpassed $30 trillion, with daily transaction volume above $30 billion. According to ChainCatcher, the figure was tracked by Lookonchain.
Zcash (ZEC) traders face a growing liquidation risk after the privacy-focused cryptocurrency nearly doubled and approached the $1,700 region before dumping below $1,500 on Wednesday.ZEC traded near $1,500 on Thursday, leaving leveraged long positions accumulated below the current price vulnerable to…
Bitcoin fell sharply in trade on September 24, extending pressure across the broader cryptocurrency market as rising US Treasury yields, stronger-than-expected business activity and weaker risk appetite weighed on digital assets.Bitcoin was down 3.80% at around $83,880 over the previous 24 hours, al…
Bitcoin holders have continued to take profits recently, but the scale has remained relatively limited, with net realized profits reaching about $5.1 billion over the past 7 days. According to ChainCatcher, this level is closer to late 2023 and is well below the profit-taking seen during previous ma…
NEAR is trading at about $4.27, up from roughly $2.36 a week ago, according to TradingBeats monitoring on September 24. According to BlockBeats On-chain Detection, the token has gained about 80.6% over the period and outperformed BTC by roughly 70.6 percentage points.The rally has lifted the unreali…
Wallets holding between 100 and 1,000 BTC have added 113,950 Bitcoin since July 15, lifting their combined holdings 2.22% to 5.24 million BTC, according to . The accumulation run coincides with Bitcoin price briefly tapping $87,000 earlier this week before retracing and stabilizing near $84,000.Is t…
Every few months, the crypto derivatives market holds what amounts to a stress test for Bitcoin's price. On September 25, that test arrives in force, with roughly $15.9 billion in Bitcoin options and another $2.1 billion in Ethereum options set to expire on Deribit at 8:00 UTC. It is one of the larg…
By Joseph WilkinsBitcoin edged higher on Thursday but held below $85,000 in the aftermath of a significant spike in Treasury yields that strengthened the U.S. dollar and sapped investors' risk appetites.The flagship cryptocurrency took a breather from its recent rally on investor jitters around the …
Bitcoin dropped below the $84,000 level, and the fallout was swift. According to Coinglass data, $237 million in leveraged long positions were wiped out in just one hour as the price slid, catching overleveraged bulls flat-footed in what became one of the more painful single-hour liquidation events …