Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats

Bitcoin (BTC) rallied on the back of the United States Federal Reserve’s decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than... Read more »

Pro Bitcoin traders are uncomfortable with bullish positions

The previous $19,000 Bitcoin (BTC) support level becomes more distant after the 22.5% gain in nine days. However, little optimism has been instilled as the impact of the Three Arrows Capital (3AC),... Read more »

India’s crypto tax impacted trading frequency of 83% of traders, says survey

A survey conducted by crypto exchanges WazirX and Zebpay found that 83% of traders believe India’s 30% tax on all cryptocurrency and non-fungible token (NFT) transfers has impacted their trading frequency. The... Read more »

Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K

The crypto market is currently going through a period of heightened volatility as global economic conditions continue to worsen amid a backdrop of rising inflation and interest rates.  As the headwinds impacting... Read more »

Crypto conspiracy theories abound, but prop traders are just doing their job

Alameda Research is a cryptocurrency trading firm and liquidity provider founded by crypto billionaire Sam Bankman-Fried (SBF). Before founding his firm in 2017, SBF spent three years as a trader at the... Read more »

Here’s how pro traders could use Bitcoin options to buy the $20K BTC dip

Bitcoin hit a 2022 low at $17,580 on June 18 and many traders are hopeful that this was the bottom, but (BTC) has been unable to produce a daily close above $21,000... Read more »

Celsius Token Up 65% as Traders Pull Short Squeeze

Key Takeaways Celsius’ CEL token has jumped 65% in the past 24 hours due to a combination of retail buying and short covering. The #CELShortSqueeze hashtag has helped fuel the rally by... Read more »

5 indicators traders can use to know when a crypto bear market is ending

The bull market is gone and the reality of a long crypto winter is surely giving traders a bad case of the shivers. Bitcoin’s (BTC) price has fallen to lows not even... Read more »

Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K

Crypto traders had a brief opportunity to pause and take stock of where things are on June 16 as the relentless selling that has hammered Bitcoin (BTC) and the wider market over... Read more »

Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions

Bitcoin (BTC) lost the $28,000 support on June 12 following worsening macroeconomic conditions. The United States Treasury 2-year note yield closed on June 10 at 3.10%, its highest level since December 2007.... Read more »