2 key metrics suggest Bitcoin price won’t be pinned below $33K for long
Over the last 48 hours, Bitcoin (BTC) price climbed from $31,000 to $34,800 before reversing course and dropping the majority of these gains....
| Name | Price | 24H (%) |
|---|---|---|
Bitcoin
(BTC)
| $32,186.00
| -0.96% |
Ethereum
(ETH)
| $1,332.18
| -2.38% |
XRP
(XRP)
| $0.266397
| -1.90% |
Litecoin
(LTC)
| $133.11
| -4.03% |
Okex
3 reasons why Ethereum price is still on track to top $2,000
After dropping 27% over three days, Ether (ETH) price finally reached a bottom at $1,040 on Jan. 22. The sharp correction liquidated $600...
Institutions Keep Buying Bitcoin’s Dip, Despite Near-term Volatility: Data
Data from on-chain data site Glassnode shows the number of addresses with 1,000 or more bitcoin (often called “whales”) continued to increase this...
Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January...
Pro traders go short as overbought derivatives propel Ethereum’s new high
Ether’s (ETH) performance over the past week has been nothing short of exceptional. The price rallied from a $905 low on Jan. 11...
OKEx Adds More Coin-Margined Perpetual Swaps for Real-Time Settlement
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set...
OKExChain mainnet enters ‘Genesis’ stage, 10 million OKT tokens issued
Crypto exchange platform OKEx has announced the launch of its OKExChain mainnet with 10 million OKT tokens available for early adopters. According to...
Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days
Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges. Onchain data shows exchanges are being drained...
Crypto derivatives gained steam in 2020, but 2021 may see true growth
2020 was the most important year for the crypto derivatives market so far. Both Bitcoin (BTC) and Ether (ETH) derivatives steadily grew throughout...
Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K Options Strike
Bitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs...