Opinion: Market ripe for a new wave of short squeezes
Over the past 24 hours, open interest in Bitcoin futures rose sharply, creating conditions for further upside in the price of digital gold. Trader CredibleCrypto shared such observations.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Opinion: Market ripe for a new wave of short squeezes
Over the past 24 hours, open interest in Bitcoin futures rose sharply, creating conditions for further upside in the price of digital gold. Trader CredibleCrypto shared such observations.
Expert: Ethereum regains market share as Bitcoin stalls
Over the past week Ethereum outperformed Bitcoin and regained some market share, according to CoinShares analyst Luke Nolan.
Matrixport: Bitcoin shorts may be hit by the Santa Claus squeeze
Matrixport: recent macro shifts hint at a potential rally in the cryptocurrency market. Higher beta in altcoins reinforces this signal.
Bitfinex: Bitcoin price supported by expectations of a softer Fed policy
Bitcoin remains around the $35,000 mark as weaker US employment data suggest the Fed will take a dovish stance. Bitfinex analysts said.
Crypto funds attract inflows for a sixth consecutive week
CoinShares: inflows into cryptocurrency investment products from October 28 to November 3 totaled $261 million, after a record $326 million in July 2022 the previous week.
Experts point to nascent uptrend in Bitcoin price
Glassnode: corrections in Bitcoin and Ethereum were shallower than in the previous uptrend, allowing for capital inflows.
Fear and Greed Index hits two-year high
The Fear and Greed Index for cryptocurrencies reached 72, the highest reading in the last two years.
Analysts note asset managers’ interest in Ethereum
CoinShares: Ethereum currently offers the most attractive growth prospects among the major cryptocurrencies for asset managers.
Experts point to potential for Bitcoin’s continued growth
Bitcoin confirmed the formation of a 'golden cross' signal, which implies the development of an uptrend. This was noted by market analyst Adrian Zduńczyk.
Record inflows into crypto investment products reach $326 million, the highest since July 2022
Net inflows into crypto investment products from October 21 to 27 totaled $326 million — the highest since July 2022. CoinShares reported this.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.