Bitcoin open interest passes $15B as analyst warns of 20% BTC price dip
The highest Bitcoin open interest levels in over six months come as analysis predicts that BTC price action will fail to flip $36,000 this week.
Bitcoin fell toward $34,500 on Nov. 7 as analysts’ attention
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe.
Bitcoin mining firm Marathon Digital Holdings saw its
Institutional investors and fund managers are looking to invest in Ether On Nov. 9, BlackRock’s plans for a spot Ether exchange-traded fund (ETF) were confirmed through a 19b-4 form filing submitted to the United States Securities and Exchange Commission (SEC). After the
Dominance: A misleading BTC indicator? The term "Bitcoin dominance" refers to BTC's share of the total market capitalization of all cryptocurrencies. While on the surface, it seems to reflect Bitcoin's market strength, this metric largely represents the trading activity between
Toncoin price analysis
Buyers are trying to push Toncoin (TON) to the overhead resistance of $2.59. The repeated retest of a resistance level tends to weaken it.
If bulls drive and sustain the price above the $2.59 to $2.77 resistance zone, it will complete a cup-and-handle
ccording to Bloomberg’s ETF analyst Eric Balchunas, ARK’s sales of GTBC are not an indication that the firm is not bullish on Bitcoin
BTC $37,102 or making room for its upcoming spot Bitcoin ETF, the ARK Invest and 21Shares. “Neither is true,” Balchunas wrote on X (formerly
The SEC's aggressive stance risks driving business away from the U.S. to more crypto-friendly jurisdictions. This phenomenon, known as regulatory arbitrage, could result in the U.S. losing its position as a leader in technological innovation. The crypto industry is global, and
Crypto is a “wild card”
However, many, including Edwards, say this doesn't mean a material correction is definitely on the cards.
Ryan McMillin, the chief investment officer at Merkle Tree admits that while Bitcoin hasn’t seen a correction for over 100 days now — meaning that
How costly is a Bitcoin call (buy) option?
Presently, the $54,000 call option set to expire on Jan. 26 is trading at 0.02 BTC, equivalent to $880 at current market prices. This option necessitates a 25% increase in Bitcoin's value over the next 49 days for the buyer to turn a