Ethereum derivatives data suggests traders expect prices above $2,000

Data shows 99.5% of the neutral-to-bearish Ether put options will become worthless above $1,360, leaving bulls with a significant advantage for the foreseeable future.

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XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours: Token Next Pump Target for Satoshistreetbets Traders

In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0. 29 on January 30, data shows that the token peaking at just above $0.

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Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’

While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding […]

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Bitcoin Drops by 18% to $32k, Pushing the Crypto Market Cap Below $1 Trillion

The total market valuation of the crypto market has dropped below $1 trillion as bitcoin dropped by almost over $7,000 from above $40K to $32. 8K earlier in the day, according to data by CoinMarketCap.

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Why Litecoin continues to perform despite bearish on-chain data

The value of Litecoin is currently at a range last witnessed during the 1st week of May 2018. A price above $185 can be dated back to March 2018, so LTC was testing major resistance levels. The weeThe post Why Litecoin continues to perform despite bearish on-chain data appeared first on AMBCrypto.

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Data Shows Institutions are Buying Bitcoin Above $30,000 Despite Turbulence

Bitcoin’s price action has been quite mixed as of late, with buyers and sellers both vying for control over the cryptocurrency’s trend Over a mid-term time frame, bulls are clearly in control and are showing no signs of letting up to bears anytime soon Where the market trends in the mid-term will likely depend on […]

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Number of Whales with Over 10,000 BTC Surpasses 100: Report

Glassnode data shares that the amount of Bitcoin wallets with more than 10,000 BTC has gone above 100

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Fears of Bearish Correction Loom as Bitcoin OTC Deals Plunge

Bitcoin faces the prospects of undergoing a massive downside correction as on-chain data shows a plunge in its over-the-counter deals. According to data fetched by CryptoQuant, the total amount of Bitcoin tokens flowing out of Coinbase Pro’s addresses to their newly-created custodial cold wallets has decreased ever since BTC/USD crossed above $23,000. Coinbase Pro Bitcoin […]

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Close to $1 Billion Longs Liquidated

Some $700 million long positions have been liquidated in the past 24 hours according to data by Bybt as pictured above. That’s the biggest one day liquidation since November 24th...

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Bitcoin Addresses Holding $1 Million Goes ‘Parabolic,’ 10% of BTC Supply Sits Idle for 10 Years

While bitcoin trades above the $20k handle, onchain data shows that the number of bitcoin addresses holding at least $1 million has climbed substantially increasing by more than 150%. Moreover, Glassnode’s statistics indicate that roughly 1.

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Stampede of Bitcoin Buyers Pushed BTC Past $20K, Exchange Data Shows

A surging demand for bitcoin pushed the cryptocurrency's price above $20K, exchange data shows.

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CME Bitcoin Futures Open Interest Surges Above $1 Bln: Skew Data

Skew analytics provider reports that the overall value of Bitcoin futures OI on CME has exceeded the $1 bln level

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Bitcoin sees record 100 days above $10K as one analyst eyes ‘parabolic’ 2021

A fresh record for BTC price action on U.S. election day means that $100,000 could now form a price target, historical data suggests.

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Hedge Funds Widely Flip Short on Bitcoin Despite Blatant Breakout

Bitcoin has been caught within the throes of an intense uptrend throughout the past few weeks This has led its price to post massive gains, with bulls now vying to post a monthly close above $13,800 for the first time Although this would mark the highest monthly close ever seen by BTC – which would be undeniably bullish – not everyone is convinced Data from the latest Commitment of Traders report from the CME shows […]

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Twitter Turns Bitcoin Bullish After BTC Surged to $13,100: Santiment Data

Santiment has announced that, over the past three weeks after Bitcoin surged above $13,000, the social sentiment on Crypto Twitter has turned bullish regarding Bitcoin

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US Regulators May Soon Collect Data on All Crypto Transactions Above $250

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Charted: Litecoin Price Daily Timeframe Indicates Strong Uptrend To $65

Litecoin started a strong upward move from the $41. 50 support zone against the US Dollar. The price is now trading nicely above the $50. 00 level and the 100-day simple moving average. There was a break above a crucial bearish trend line with resistance near $48.

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Pro traders added to shorts as Bitcoin price broke $12K, data shows

Bitcoin derivatives favor bulls but data shows top traders added to their short positions as BTC rallied above $12K.

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Number of Bitcoin Wallets with 100+ BTC Hits 6-Month High: Analytics Report

Analytics reports have shown that number of medium-sized BTC holders has surged to a new high, while data says that BTC has stayed above $11,500 for a rather short period

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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend

Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […]

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How long will Bitcoin's stay above $10k last this time?

Despite high price turbulence and trend concerns, Bitcoin noted a major milestone over the past 24-hours. According to data released by Messari, Bitcoin completed its longest-ever period above $10,000The post How long will Bitcoin's stay above $10k last this time? appeared first on AMBCrypto.

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Bitcoin Closes Above $10,000 for a Record 63 Days Straight

Bitcoin (BTC) continues to break new ground. According to data aggregated by Messari, on Sunday, 27 Sept. , it broke another record — closing at $10,793, thus making it 63 consecutive daily closes above the $10,000 handle.

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Bitcoin price sets record for most days above $10,000

Daily closes for BTC/USD have been above $10,000 since July 27, and that’s a new record, data shows.

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Bitcoin (BTC) edging higher as nearly 100,000 coins are locked in DeFi

Bitcoin (BTC) price is trading over 5% higher this week as the buyers attempt to secure a weekly close above $11,200. Separately, the recent data shows that over $1 billion worth of Bitcoin (nearly 100,000) are now tokenized over decentralized finance protocols on Ethereum.

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Ethereum options data is bullish following two-year high

ETH/USD trades above $420 as data by Skew shows traders expect a short term...

The post Ethereum options data is bullish following two-year high appeared first on Coin Journal.

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Ethereum price rallies above $400 resistance on bullish ETH options data

Ethereum’s put-call ratio dropped to its lowest level in 3 months, suggesting that traders expect Ether price to rise higher.

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Institutions Just Closed a Vast Majority of Their Bitcoin Short Positions: Data

Bitcoin is pushing higher after bottoming at $11,150 last week. The asset now trades for $11,650 as of this article’s writing. BTC is trading above a pivotal support level as we come into the weekly candle close, which bodes well for bulls.

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Bitcoin’s Weekly Rejection May Lead Price Below $10K; Here’s Why

Bitcoin bulls once again failed to hold the price above $12,000, owing to a higher selling pressure near the level. The benchmark cryptocurrency broke upwards of $12,000 on Monday. The rally exceeded towards $12,486 (data from Coinbase), a level that saw massive liquidations of long positions.

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Bitcoin Poised to Retest $12K After FOMC Minutes, Data Shows

Bitcoin fell towards $11,500 on Wednesday, a move that followed its brief rally above $12,000 earlier this week. The correction appeared as a testament to profit-taking behavior. Traders decided to liquidate their long positions following a supersonic intraday rally, thus securing their short-term gains.

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Data Firm: Chainlink Investors Are Becoming “Uncertain” About LINK Surge

Hands down, Chainlink (LINK) has been one of the best-performing crypto assets of the past few weeks and months. As of this article’s writing, the Ethereum-based altcoin is up 20% in the past 24 hours, setting a new all-time high above $15.

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Chainlink (LINK) Erupts to $13 as Buyers Continue to Rush In

Chainlink (LINK) has continued to surge higher since NewsBTC’s last market update. Just minutes ago, as per data from TradingView, the cost of the popular altcoin crossed above $13 just minutes ago, reaching a local high of $13.

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Dotcom 2.0? Nasdaq Closes Above 11,000 for the First Time Ever

The Nasdaq Composite Index (IXIC) broke its all-time high on Thursday, closing over 11,000 for the first time ever. The main driver for the push into uncharted territory appears to be an improvement in unemployment data.

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Chainlink (LINK) Surges 12% to a Fresh All-Time High Above $9

While Bitcoin is struggling to break past the resistance at $11,400-11,500, Chainlink (LINK) is surging higher. In the past 24 hours as per data from Coin Market Cap, the popular altcoin has gained 12% against the U.

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Derivatives Data: Investors Think Bitcoin Will Continue Higher After 20% Surge

Despite the pullback from the Monday highs, Bitcoin remains above key resistance levels. As of this article’s writing, the leading cryptocurrency trades for $11,300. There are some bears that believe this rally is just a deviation from the range BTC was trading in.

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93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday

Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12.

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On-Chain Data: Bitcoin Whales Are Selling the Explosion Past $10,000

Bitcoin buyers seem to have returned after three months of inactivity. Just hours ago as of this article’s writing, the leading cryptocurrency inched above $10,300 for the first time since the early June highs.

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Key data takeaways from Chainlink’s rally to a new all-time high above $8

Chainlink (LINK) has been on an absolute tear over the past few months. The post Key data takeaways from Chainlink’s rally to a new all-time high above $8 appeared first on CryptoSlate.

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Explosive Defi, Stablecoin Activity Send Ethereum Fees Above Bitcoin

The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher.

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Total Fees Paid On Ethereum Tops Bitcoin’s For 30 Days Straight. What This Means

Ethereum has consistently maintained higher total fees paid on the network than on the Bitcoin network for 30 days in a row, data from Glassnode shows. The fee volume has been above that of Bitcoin roughly since the 6th of June and experienced a sharp increase within the month to nearly $4 million before declining […]

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Bullish Case for Bitcoin Grows as BTC Whale Population Tops 3-Year High

On-chain data shows the total number of Bitcoin whales surpassed a 3-year high above 1,800 over the past 3 months.

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Ethereum Active Address Count Hits 2-Year High, Yet ETH Is Still Bearish

Ethereum’s price is more than 80% below its all-time high above $1,400. Yet this bearish price performance on a macro scale has not stopped users from flooding to the network. Data suggests that usage of the network is starting to reach the highs seen at the peak of 2018’s bubble.

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Why This Analyst Sees Bitcoin Price Crashing To $8.3k Before A Sharp $10.3k Bounce

Recent data have shown that Bitcoin has performed quite strongly in 2020, particularly after the third halving which happened just last month. Although it has not been able to stay above $10,000 for long, it has also still not broken below $9,000 for a while now.

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Options Traders are Nearly All Long on Bitcoin; What This Means for BTC

Bitcoin’s week-long bout of consolidation appears to be leading options traders to grow increasingly bullish on the cryptocurrency Data shows that options traders are nearly all anticipating BTC to see further upside in the weeks and months ahead There are multiple factors, however, that suggest it is poised to see downside in the near-term These factors include rising funding, a high quantity of underwater long positions, and its multiple failed attempts to break above $10,000 […]

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Bitcoin Price Back Above $9K as $19M in Shorts Liquidated on BitMEX

A bloodbath for BitMEX XBT-USD shorts has seen about $19. 4 million in liquidations over the past 24 hours, with the Bitcoin (BTC) price moving above $9,000. Data from CryptoMeter. io shows $19. 4 million worth of Bitcoin shorts wrecked vs.

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Data shows retail demand for Bitcoin is rapidly mounting, even after 100% rally

Even after the recent tepid price action Bitcoin remains 86 percent above its $3,700 lows set in March’s “Black Thursday” crash. Instead of deterring late arrivals, this strong rally has seemingly convinced many retail traders that Bitcoin’s rally is far from complete.

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Bitcoin All-Time High in 2020? Chances Are Only 4%, Options Market Signals

The options market shows just a 4 percent chance of bitcoin crossing above $20K before year’s end, according to data from analytics firm Skew.

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Bitcoin Just Surged to $6,500 After Over 10% Weekend Crash

In the past 20 minutes, Bitcoin has traded above $6,500, marking a rapid 12% gain from the $5,800 bottom seen on Sunday evening (UTC). Due to this move, the BitMEX funding rate on the Bitcoin (XBT) contract surged by 990%, according to data from Joe McCann, a cryptocurrency trader and AI/cloud specialist at Microsoft. According...

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Bitcoin Price Managed to Cross $6,700 but Is Below Again, BTC Halving 47 Days Away

Coinspeaker Bitcoin Price Managed to Cross $6,700 but Is Below Again, BTC Halving 47 Days AwayBitcoin price has managed to go above 6,700 again, with the market data showing that the first cryptocurrency is ready to take off.

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Dow Futures Adds 800 Points Despite Jobless Claims Jumps Above 3 Million

Coinspeaker Dow Futures Adds 800 Points Despite Jobless Claims Jumps Above 3 MillionU. S. stock market led by the Dow futures turned positive despite the negative data on jobless claims that shot to historic figures of more than 3 million.

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