Crypto markets are deep in the red this Monday morning in Asia, and key economic data from the US this week could rattle them further. Markets reacted positively following Donald Trump’s inauguration last week, with a new all-time high for Bitcoin on Jan. 20, but things appear to be unraveling at the moment. President Trump also […]
After the quiet weekend, in which BTC stood primarily around $105,000, the asset’s price movements have turned sour, and it slumped to a weekly low of under $100,000. The altcoins have bled out even more heavily, with massive price declines from the likes of DOGE, XRP, ADA, SOL, and many others. BTCUSD. Source: TradingView Similar […]
Since the United States presidential inauguration, overall bitcoin spot demand growth has slowed considerably. Spot demand growth is needed for BTC’s price to rally again; however, the metric has yet to make a comeback. A CryptoQuant report revealed that despite the lack of such an increase, large BTC investors have entered a reaccumulation phase and […]
Bitcoin’s price has been gradually rising over the past few weeks, paving its way toward a new record high, which arrived on Monday. However, it lost some momentum, and the question is what will happen next. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, the asset rebounded from the $92K […]
Around 30,000 Bitcoin options contracts will expire on Friday, Jan. 24, and they have a notional value of roughly $3.1 billion. This week’s expiry event is slightly larger than last week’s, but it is unlikely to have any major impact on spot crypto markets, which have calmed following a volatile week. Bitcoin Options Expiry This […]
Amid the excitement over Donald Trump’s inauguration, digital asset investment products attracted $2.2 billion in inflows last week, marking the largest weekly inflows of the year and bringing YTD totals to $2.8 billion. Rising asset prices have elevated total assets under management (AuM) to an unprecedented $171 billion. ETP trading volumes across the globe also […]
The highly volatile rollercoaster in the cryptocurrency market continues in full force as BTC added roughly ten grand within hours and skyrocketed to a new all-time high of just shy of $110,000. This comes just hours before the president-elect, Donald Trump, is inaugurated and returns to office. BTCUSD. Source: TradingView It has been a wild […]
Meme coins are a particularly intriguing part of the cryptocurrency space as they can lead to remarkable price increases within days and sometimes hours. However, they can cause significant pain and disappointment when (most of them) inevitably crash. The dangers are amplified when it comes down to meme coins launched by the US president-elect and […]
Approximately 21,600 Bitcoin options contracts will expire on Friday, Jan. 17, and they have a notional value of around $2.2 billion. This week’s expiry event is slightly larger than last week’s, so it is unlikely to have any major impact on crypto markets. Bitcoin has bounced back from its dip to $90,000 and is trading […]
TL;DR Ripples’s (XRP) price rebounded to $2.53 after recent volatility, with analysts predicting further growth fueled by Donald Trump’s inauguration, SEC leadership changes, and Ripple’s stablecoin launch. Shiba Inu’s TREAT token goes live today, with major exchanges like KuCoin and Gate.io offering airdrops to incentivize user engagement within the ecosystem. Bitcoin (BTC) recovered from a […]