Traders

Bitcoin: Here's the 'ticking time bomb' traders should be aware of 

Bitcoin: Here’s the ‘ticking time bomb’ traders should be aware of 

Despite Bitcoin oscillating around the $40,000-mark over the last 48 hours, the outflow of BTC from exchanges continued its downward trend. Over the week, exchange balances have continued to decline to hit a new multi-year low of 13.0% of circulating supply. This pushes exchange balances to levels last seen in February 2018.  While the aforementioned …

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This development would allow Ethereum traders to bag some profits

This development would allow Ethereum traders to bag some profits

Ethereum’s correlation volatility spread kicked in once again as the world’s largest altcoin managed to post higher percentage gains when compared to Bitcoin. Over the last 24 hours, ETH’s value rose by 4.8% as opposed to BTC’s rise marginal rise of 0.74%. The pickup allowed ETH to break north from its descending channel but gains …

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Cardano's traders should expect this if the market falls again

Cardano’s traders should expect this if the market falls again

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice While Cardano’s market was building up towards an ascending triangle breakout last week, its market structure took a bearish turn soon after. Losses over the last three days piled up to 10% as ADA …

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Why Ethereum HODLers may not see profits in the long-term

Here’s the long-term ROI potential of Ethereum that traders need to be aware of

Trading close to $3000 level, Ethereum has ranked as the number 1 altcoin in traders’ portfolios. It has made a mark as a HODLers’ altcoin with high short-term and long-term returns. The run to $3000 has seen several dips and buying opportunities along the way, and offered profit booking opportunities as well. ETH has rallied …

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Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

Bitcoin’s plunge to as low as $30,305 was intensified from leveraged long derivative liquidations; options traders are totally bearish on ether, the native asset of Ethereum. Bitcoin (BTC) trading around $33,277 as of 21:00 UTC (4 p.m. ET). Slipping 10.9% over the previous 24 hours. Bitcoin’s 24-hour range: $30,305-$38,947 (CoinDesk 20) BTC above the 10-hour …

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Bitcoin’s price rallied during a week of election uncertainty. Traders say more money is waiting on the sidelines

Bitcoin’s price rallied during a week of election uncertainty. Traders say more money is waiting on the sidelines

As markets continue to digest the 2020 U.S. presidential election’s unique uncertainties, bitcoin traders say there’s capital on the sidelines that could propel the digital currency’s price to further highs. The price of bitcoin has swelled during the past week, breaking through key price levels, including $15,000. Bitcoin isn’t the only crypto trading in the …

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Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options

Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options

Bitcoin is making gains Friday while ether options traders on the Deribit exchange love $400 strikes. Bitcoin (BTC) trading around $10,050 as of 20:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours. Bitcoin’s 24-hour range: $10,834-$11,111 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading …

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Could Bitcoin futures' low premium be a good entry point for traders?

Could Bitcoin futures’ low premium be a good entry point for traders?

The volatility in the crypto market has been growing and Bitcoin has broken out of its consolidation phase. This uptick in volatility may indicate a larger game at play for the future of Bitcoin. This expectation has been in the market for a long time, even when BTC consolidated and more and more users were …

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