[ad_1] Bullish futures bets lost nearly $200 million, CoinGlass data shows, as more than 97,000 traders were liquidated in the past 24 hours on the sudden market movements. ETH longs led losses at $55 million,…
[ad_1] “Among the top reasons for the price drop was the German government moving more than $50 million to crypto exchanges, creating sell speculation in the market,” Lucy Hu, a senior analyst at crypto investment…
[ad_1] That said, RSI is not the holy grail. Markets often maintain a strong upward trajectory for days and weeks, keeping the RSI above 70 for a prolonged time. As Newton’s law says, “An object…
[ad_1] Decentralized exchange dYdX, which recently migrated from Ethereum to Cosmos, has replaced one of Uniswap’s markets as the largest DEX by daily trading volume, according to data from CoinMarketCap. The Cosmos-based v4 version of…
[ad_1] “This week has witnessed a sideways trend, with bitcoin moving between $40,500 and $43,500 and ether between $2,150 and $2,250,” said Rachel Lin, CEO and co-founder of SynFutures. “Both these coins and the broader…
[ad_1] Microstrategy (MSTR), the largest corporate holder of bitcoin (BTC), boosted its holdings in November, buying some 16,130 BTC, worth around $608 million at Thursday’s prices. The Michael Saylor-founded software developer bought the bitcoin for…
[ad_1] The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. [ad_2] Source link