Peter Brandt urges Bitcoin traders to brace for a chop-fest
Bitcoin has bottomed, but ahead lies a "festival of swings".News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Peter Brandt urges Bitcoin traders to brace for a chop-fest
Bitcoin has bottomed, but ahead lies a "festival of swings".
Awaiting the ETF: industry players explain Bitcoin’s rally
In the past month the price of the leading cryptocurrency has risen about 25%, largely thanks to American investors and the hype around approval of a spot Bitcoin ETF, according to Matrixport analysts.
Galaxy Digital analysts forecast inflows into the spot Bitcoin ETF
Galaxy Digital: in the first year after launch inflows into the spot Bitcoin ETF will be $14 billion, in the second year $27 billion, and in the third year $39 billion.
CoinGecko report: decline in NFT trading volume and interest
From July through September, the crypto market's capitalisation fell by 10%, but year to date it rose 35%. NFT trading volume declined by 55.6%, as did overall interest in the segment.
Open interest in CME Bitcoin futures hits a new high
Open interest in CME Bitcoin futures first surpassed 100,000 BTC. This drew the attention of K33 Research analyst Vetle Lunde.
Glassnode: Bitcoin clears a string of key resistance levels
Glassnode: Bitcoin hit a new high since the start of the year, breaking through key barriers near $28,000 as technical (200D MA, 200W MA) and on-chain in nature.
Altcoin favourites. What explains the SOL and LINK rally?
As a rule, together with the rise of Bitcoin the rest of the market follows with a small lag. However two altcoins — Solana (SOL) and Chainlink (LINK) — managed to outpace the leading cryptocurrency over the past week.
Bitcoin-ETF approval expectations support inflows into crypto funds
CoinShares: inflows into cryptocurrency investment products from October 14 to 20 totaled $66 million, versus $15.2 million a week earlier.
Bitcoin dominance reaches two-year high
On October 21, the Bitcoin dominance index reached 52.76% — the highest reading since April 2021.
Decline in market capitalisation and L1 activity — Binance Q3 report
Binance released a report on the state of the crypto market for Q3. According to the document, the three months proved difficult — overall industry capitalisation fell by 8.6%.We use cookies to improve the quality of our service.
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