For the first time since April 2022, the Bitcoin Fear & Greed Index (FGI) has moved out of the ‘fear’ zone and into ‘neutral.’ Over the weekend, Bitcoin reached a score of 52 on the index as Bitcoin pushed over $21,000. Source: alternative. me As of press time, the score has retraced slightly to the…
According to Arkham Intelligence, Alameda Research liquidators were liquidated for the second time in three days in light of recent market movements. Alameda liquidators wrote off $15,000 of Curve DAO token (CRV) debt on Jan. 14 in exchange for 0.83 wrapped Bitcoin (WBTC) — or roughly $17,600 of their collateral. Alameda still holds a position…
Bitcoin briefly surpassed $21,000 on Jan. 13 for the first time since the FTX saga started in early November. After a slight retracement early on Saturday morning, BTC is priced at $20,800 as of press time. $255m of spot Bitcoin was bought on Jan.13, while the liquidation of $240 million Bitcoin shorts liquidated sent Bitcoin…
Solana (SOL) seeks to move back into the top 10 cryptocurrencies after temporarily flipping Polygon market cap on Jan. 14. Sentiment surrounding SOL has swiftly shifted from bearish — in light of developers leaving Solana — to bullish as SOL price rose by more than 36% over the last seven days. The significant price recovery…
Bitcoin has broken $21,000. According to Coingecko data, BTC was valued at $21,083 at 12:59 a.m. UTC on Jan. 14. Its market cap was $403 billion. That change represents a 12% increase in 24 hours. Bitcoin prices for Jan. 13-14 via CoinGecko (time in PST) Data also shows that $245 million of shorts have been…
Binance Futures will launch FETUSDT perpetual contracts on January 17, 2023, with leverage of up to 20X. However, as market risks change, Binance may adjust contract specifications, including maximum leverage and initial margin, according to reports. It is also possible to trade FETUSDT Perpetual Contracts across multiple margin assets through Multi-Asset Mode. For instance, BUSD…
Samsung Asset Management received approval to list its Bitcoin (BTC) Futures Exchange Traded Fund (ETF) on the Hong Kong Stock Exchange by Jan. 13, according to local media reports. On Oct. 31, the Hong Kong Securities and Futures Commission (SFC) announced plans to allow ETF providers to list futures contracts for retail investors to gain…
Bitcoin prices surged 4.2% in a matter of hours on Jan. 12. At 11:00 p.m. UTC, Bitcoin was priced at $17,548. At 1:00 a.m. UTC, the asset was worth $18,287. Prices began to decline shortly after that high point, though at this early stage, it is unknown what Bitcoin’s long-term price trend may look like….
Europe’s largest digital asset investment group Coinshares believes there is only “minor negative sentiment” within the crypto markets now following a grueling 2022 bear market. As Bitcoin threatens to touch $18,000 for the first time since mid-December, Coinshares analysis reveals that outflows from global crypto funds are starting to wane. According to a recent blog…
Bitcoin’s (BTC) price broke past $17,000 over the weekend. But it has been trading relatively flat with low volatility through the first 10 days of 2023, as is typical during a bear market. BTC’s stability is reflected by the tranquility in the derivatives market and is driven by lower trading activity. This is indicative of…