Market
Bitcoin’s Perpetual Swap Open Interest Slips below $11B for the First Time Since August
The recent drop in the crypto market price made BTC’s perpetual swaps open interest to fall below $11 billion for the first time since August 5.
China Evergrande's Financial Crisis Triggered Monday's Sell-off, Crypto Prices Follow the Slump
The Crypto market slumped as fueled by the financial crises of China Evergrande.
Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH
More than 10 million Ethereum was bought between $3,426 and $3,536, which is a very significant supply wall for support.
Bitcoin Stucks in a Broad Congestion Zone, says Market Trader Peter Brandt
Veteran trader Peter Brandt has cautioned aware of "fear of missing out" (FOMO) trading in the current Bitcoin (BTC) market, warning the market has not yet in a bull run based on the congestion taking place.
SEC Chair Calls for Open Dialogue in Pursuit of a Regulated Crypto Market
Gary Gensler will call on crypto stakeholders to come and talk to the SEC at his hearing with the Senate Banking Committee on Tuesday
Bitcoin Addresses Sending to Exchanges Hit a Monthly Low as BTC Sits on Strong On-Chain Support
The number of BTC addresses sending to exchanges reached a monthly low of 4,831.226, as acknowledged by crypto analytic firm Glassnode.
Bitcoin Needs to Break $51K Level for an Continuous Upsurge
Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum is to continue, failure to which a pullback to the $44-$48K level will be witnessed.
Bitcoin Needs to Flip the $47K Area for Support before Witnessing a Surge to $50K
Market analyst Michael van de Poppe believes that Bitcoin needs to flip the $47K area to accomplish its $50K journey.
16.4% of Total Bitcoin Supply Back to Profitability as Daily BTC Addresses Edge Closer to the 1M Mark
16.4% of total BTC supply is back to profits, which indicates that approximately 3.08M BTC were last spent, and thus have an on-chain costs basis in this price range.
Bitcoin Stands at Crucial Level of Support at the $45K Region
Market analyst Michael van de Poppe believes that Bitcoin has retraced to a crucial level of support at the $45K area.