Glassnode, an on-chain data analytics platform, disclosed today that USDC, the world’s second largest stable coin, is gaining traction as crypto investors prefer it over USDT. This may be seen in the...
Tag: Traders
Bullish Traders Lose $350 Million as BTC Drops Below $18k
The bearish market has taken a turn for the worse as Bitcoin price dips below $18k as the crypto market is prepping for its daily close. The latest move by the bears has seen the top coin hit a low of...
Crypto Traders Turn Against Each Other in a Collapsing Market
(Bloomberg) — Most Read from Bloomberg With crypto prices tumbling precipitously, traders have begun increasingly turning against one another to eke out ever-elusive profits. Many shark traders ...
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 the bears expected, and some inves...
Crypto’s Excruciating Week Has Traders Bracing for Next Crisis
(Bloomberg) — It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We’re s...
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
The total crypto market capitalization fell off a cliff between June 10 and 13 as it broke below $1 trillion for the first time since January 2021. Bitcoin (BTC) fell by 28% within a week and Ether (E...
Retail Traders Who Drove Meme Frenzy Bail Out in Bear Market
(Bloomberg) — Stock traders who whipped up the meme craze that took Wall Street by storm last year are furiously rushing to the exits. Most Read from Bloomberg Roughly 50% of single-stock retail...
Get Ready for Malaysia Traders Fair & Awards by FINEXPO
Malaysia Traders Fair by FINEXPO is scheduled to commence on September 10, 2022, at InterContinental Kuala Lumpur. FINEXPO is a huge finance event-producing company with over 18 years of experience. O...
Crypto Sharks Liquidate for Profit at Expense of Other Traders; But Why?
With cryptocurrency markets in freefall, some traders have been taking on more aggressive strategies to liquidate, at the expense of other traders. “In a downtrend environment, where yields are harder...
Ethereum Major Upgrade On June 29th, Here’s What Traders Can Expect
The Ethereum network is planned for an update around block 15,050,000, or around Wednesday, June 29, 2022. Due to the size of the block, this timing is tentative and might occur sooner or later than t...
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 the past week began to...
Here’s how XRP traders can leverage this structure to remain profitable
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since slipping below its daily 20 EMA (red), XRP has been on a co...
Avalanche: Why AVAX traders must remain on the lookout for this
Ever since its ATH in November, Avalanche (AVAX) sellers have been on the front foot by keeping the buying rallies under their check. The liquidations from the recent symmetrical triangle pulled the a...
Algorand: Here’s how this divergence could play out for ALGO traders
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As the buyers built pressure at the $0.41-resistance, the bears q...
LINK Price Could Find Next Support At This Level, Traders Reveal
Amid a wider cryptocurrency market turbulence with an impact of Bitcoin’s ongoing freefall, a few altcoins are still holding strong. From hovering around the $31,000 zone just last week, Bitcoin fell ...
Tron [TRX] traders can consider these levels before making an exit
The global crypto market cap fell below the $1 trillion level post the market-wide drawdowns. Without a surprise, the crypto fear and greed index gauged the sentiment to be in the extreme fear zone as...
BTC Price Falling By 20%, How Smart Traders Gain the ROI of Over 1000%
So far on June 10, the entire crypto market is once again in the red, with the crypto market cap falling to $1.1 trillion. The Fear and Greed index of the cryptos has now entered high fear area by mar...
Alert: Celsius Pauses Withdrawals & Transfers, Is The Trust Between Platforms & Traders Being Challenged?
Due to extreme market conditions, Celcius, a crypto staking and lending platform, has halted all swaps, transfers, and withdrawals. Celsius, a cryptocurrency lending firm, allows users to stake crypto...
Ethereum Traders Can Expect Big Twist On 24th June ! Know Why
The crypto space is experiencing pretty dreadful and uncertain days since the beginning of the year 2022. However, the trend quickly fell into a deep bearish trend since the beginning of May’s trade w...
Celsius turmoil is part of a broader macro picture, traders say
The turmoil surrounding crypto lender Celsius has generated headlines and controversy over the past day — but that even isn’t top of mind for the market’s biggest traders, executives at se...
Geared for miners, traders, and HODLers
What is the best BCH wallet? Digital assets such as Bitcoin and Ethereum may be stored, sent, and received using crypto-wallets. Apps such as Coinbase Wallet and hardware wallets such as Ledger (simil...
Shiba Inu: Here’s what 79% correlation with BTC could imply for SHIB traders
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Post its decline below the daily 20 EMA (red), Shiba Inu [SHIB] d...
Traders Warn Of Severe Losses Ahead As SOL And DOGE Lead The Charge In Major Cryptos
According to Bloomberg, inflation has risen to 8.3 percent in the last year, prompting markets to price in more rate hikes of more than 175 basis points by September, meaning two half-point and one 75...
Bond Traders Raise Bets for Fed Rate Hike, Adding to BTC Pressure
Up until last week, economists predicted a 50 basis point rate increase, as happened in May. But a U.S. government report Friday showed the consumer price index, which tracks inflation, rose to a new ...
MATIC: Traders going short in hope of bearish marubozu should look at doji
The broader market crash wiped out $280 billion from the crypto market as every cryptocurrency crashed over the past 24 hours. Falling below the $1 trillion mark, the combined value of all cryptocurre...
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 Decembe...
Here’s how MATIC traders can make the most out of this major breakdown
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Polygon MATIC’s recent bearish break below the $0.55-mark opened ...
Shiba Inu Traders Experienced Lower Liquidations Than Other Altcoins Amid 12% Drop; Here’s Why
The majority of cryptocurrencies have lost key support levels in the last 24 hours due to waning sentiment in the broader crypto market, resulting in approximately $883 million in liquidations, per Co...
FTX US Chief Brett Harrison Says Crypto Markets’ Correlation With Stocks Not What Traders Think – Here’s Why
Brett Harrison, CEO of crypto exchange FTX US is giving his take on why digital asset markets seem to be closely correlated with US stock indices. In a lengthy thread, Harrison addresses a common crit...
Large Crypto Traders Facing Huge Loss Due to Bitcoin
3 hours ago | 2 mins read Editors News Bitcoin went below $24,000 and lost 12% of its value in the last 24 hours. BTC attained a new low from December 2020. The king of cryptocurrency Bitcoin almost ...
Crypto Market To Continue Downtrend! Here’s What Traders Can Expect by End Of 2022
It’s been six months since the start of a bear market that still has room to run for those that trade tactically. The first leg of that may have ended, but as everyone knows, the bear market is highly...