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Institutional participation fuels Bitcoin futures resurgence

Onchain Highlights DEFINITION: Bitcoin futures open interest (OI) is the total amount of funds allocated in open futures contracts. Bitcoin futures OI has seen a further rebound recently. As Bitcoin’s price approached $70,000 earlier this year, futures OI reached unprecedented levels, signaling renewed investor interest and market engagement. дальше »

2024-5-31 04:21


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Bitcoin Knocks At The Door Of $30,000, But Can Break Happen?

Bitcoin has approached the $30,000 mark with a sharp rally today, but on-chain data suggests the level could provide some major resistance. 1. 49 Million Addresses Bought Around The $30,000 Level According to data from the market intelligence platform IntoTheBlock, the most significant potential resistance for BTC is at the current levels. дальше »

2023-10-21 22:00


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Bitcoin Shows Recovery: Did This Historical Line Act As Support Again?

Bitcoin on-chain data suggests a historical support line may have helped the coin once again as the asset has recovered toward $28,000 today. Bitcoin Short-Term Holder Cost Basis May Still Be Active As Support According to data from the on-chain analytics firm Glassnode, the BTC price approached the cost basis of the short-term holders recently. дальше »

2023-5-29 15:30