Tag Archives: Traders

Almost $100 Million in Bitcoin Moved to Ethereum in July, Led by Retail Merchants

Ethereum is still the most well-liked off-chain vacation spot for bitcoins as its provide of tokenized bitcoin (BTC) grew greater than 70% in July. Greater than 20,000 BTC — value roughly $225 million — are actually tokenized and utilized in Ethereum-based protocols. Wrapped Bitcoin (WBTC) represents over 76% of the whole tokenized bitcoin provide with… Read More »

Bitcoin’s lack of motion is revealing merchants’ panic

Bitcoin buying and selling shouldn’t be for the faint of coronary heart. Merchants within the cryptocurrency market need to deal with $1,000 hourly actions, whereas negotiating an array of exchanges to arbitrage, lots of which pump faux volumes and have particular person premiums and might make use of leverages in triple-digits, opening the floodgates for… Read More »

Bitcoin’s choices skew suggests merchants are anticipating a pointy decline

Bitcoin’s consolidation pattern on the decrease boundary of its long-held buying and selling vary isn’t displaying any indicators of letting up anytime quickly. This isn’t stopping choices merchants from rising more and more cautious {that a} draw back motion is imminent, nevertheless, as short-term BTC choices skew has been caught inside a agency uptrend over… Read More »

Why Bitcoin Merchants Couldn’t Give a Sat In regards to the Twitter Hack

Cryptocurrency merchants yawned at one of many 12 months’s greatest information tales for bitcoin, with costs barely budging because the digital-asset trade turned a major sufferer of this week’s large hack on Twitter accounts. The notoriously unstable bitcoin slid simply 0.8% to about $9,100 on Thursday after slipping a meager 0.7% on Wednesday because the information… Read More »

Shares TD9 Promote Signal Flashes But Bitcoin Merchants Count on Larger Value

The TD9 promote indicator emerged on the S&P 500 chart throughout numerous time frames. Contemplating the heightened level of correlation between Bitcoin and shares, it’d trace at a short-term BTC worth pullback. However cryptocurrency merchants seemingly stay unfazed by the vulnerability of shares. A number of merchants anticipate Bitcoin to rally in the direction of… Read More »

With Low Volatility, Merchants Appear to Like $9,000 Bitcoin

Over the previous month, whereas market motion has been comparatively quiet, crypto merchants have punched the purchase button when bitcoin’s worth drops beneath $9,000. Bitcoin (BTC) buying and selling round $9,208 as of 20:00 UTC (Four p.m. ET), slipping 0.80% over the earlier 24 hours. Bitcoin’s 24-hour vary: $9,201-$9,379 BTC above 10-day and 50-day shifting… Read More »

Bitcoin Value Bounce at $8.8K Help Exhibits Merchants Hold Shopping for the Dip

Throughout the final hour Bitcoin (BTC) value dropped beneath $9,000 to a every day low at $8,813. Since June 24 Bitcoin value has been dropping momentum whereas pinned beneath the 20-MA and in the present day’s drop to $8,813 coincided with a surge in promote quantity.  Crypto market weekly value chart. Supply: Coin360 As mentioned… Read More »