Bitcoin: Beyond the Crash and Embracing NFTs?
[ad_1] <p>After a year of doom and gloom, the final, trainwreck quarter of which surely drove the last of the crypto tourists to beat an incredulous retreat, January 2023 ushered in an abrupt reversal. This change of atmosphere was stirred by an exceptionally strong performance from Bitcoin, which recovered...
Read More
Bitget Raises Protection Fund to $300m after FTX Crash
[ad_1] Bitget, a popular cryptocurrency platform, announced on Tuesday that it had increased the amount of the current Protection Fund to $300 million. After the FTX collapse, the crypto exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial...
Read More
Ravencoin Ethereum Classic Crash 20%
[ad_1] Ravencoin (RVN) and Ethereum Classic (ETC) were operated as a safe haven for miners seeking shelter from “The Merge” fallout. The event that completed Ethereum’s transition to Proof-of-Stake (PoS), “The Merge” locked out miners from the ecosystem. Leading into the event, Ravencoin, Ethereum Classic, and other Proof-of-Work (PoW)...
Read More
Bitcoin Perpetual Open Interest Suggests Short Squeeze Led To Crash
[ad_1] The Bitcoin crash of last week was a brutal one for the market. It saw the digital asset lose its footing from where it had been trending just below $30,000 to crash to the mid $17,000s before a recovery had begun. With the new week, the market had...
Read More
Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined
[ad_1] Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms. Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity. Some investors seized the chance...
Read More
Following Crash, Bitcoin Open Interest Declines To Sept 2021 Levels
[ad_1] Following the crash to $35k, the Bitcoin open interest has declined to September 2021 levels. This may suggest that the market volatility will be lesser in the near future. Bitcoin Open Interest Drops To Similar Levels As In September 2021 As pointed out by an analyst in a...
Read More
BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
[ad_1] Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Open interest “still not flushed” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it...
Read More
Bitcoin Whale Ratio Soars, Could A Crash Be Coming?
[ad_1] The Bitcoin all exchanges whale ratio has soared, which might be an indicator that a crash could be coming soon, based on past patterns. The All Exchanges Whale Ratio Soars As pointed out by a CryptoQuant post, the Bitcoin All Exchanges Whale Ratio had a sharp spike on...
Read More