Crypto Funding Rates Reset After Bitcoin's Sharp Pullback From $69K – CoinDesk
Bitcoin’s (Bitcoin) The overnight rebound from new record highs cleared the market of excess leverage and normalized funding rates in the crypto perpetual futures market. The top cryptocurrency by market capitalization fell 10% to $59,700 after hitting a lifetime high above $69,000. This correction forced the termination of his $1 billion worth of leveraged perpetual […]
Bitcoin's 'fast, sudden, and strong' drop now imminent – Finbold – Finance in Bold
Bitcoin (BTC) is trying to hold on to its gains above $50,000 as the first-ever cryptocurrency hits new all-time highs. While a large segment of the market expects Bitcoin to continue its bullish momentum with stimulus such as the upcoming halving, another segment believes the major cryptocurrency is on the verge of crashing within days. […]
Why Cathie Wood Believes Bitcoin's Upcoming "Halving" Will Redefine the Crypto Market in 2024 – The Motley Fool
Future mining rewards halved Bitcoin (BTC -0.16%) Networks are different from others. Ark Invest mastermind Cathie Wood has found an innovative quality in this basic update that sets it apart from her first three. Does this unique event make Bitcoin a better long-term wealth storage system than investing in gold? Let's take a look. What […]
Bitcoin's 'Sell The Fact' Pullback Came From Binance, OKX: Kaiko – CoinDesk
Bitcoin (Bitcoin) Stocks have been under pressure since spot exchange-traded funds (ETFs) began trading in the U.S. last Thursday. The selling pressure is concentrated on the top crypto exchanges by trading volume, Binance, OKX, and Upbit, according to data tracked by Paris-based Kaiko. Bitcoin, the top cryptocurrency by market capitalization, is trading at $42,700 at […]