Leverage is crypto trading’s faultline
In all the Monday morning quarterbacking of last month’s crypto flash crash, one word turns up consistently: leverage. Leading up to the crash, open interest…
Tag: eth
Bitcoin faces 3 headwinds as the cryptocurrency sits 28% below record high
Bitcoin (BTC-USD) is struggling to gain momentum as it heads toward its worst month since June 2022. As prices hover around $91,000 per token, or…
Change of Character: Crypto Daybook Americas
The crypto market is in the red again, with bitcoin BTC$104,166.40 showing signs of what forex traders would term a “CHoCH,” or change of character. In this…
Bitcoin and Ether ETFs Saw Big Inflows Tuesday as Investors Bought Dip
The spot bitcoin funds drew in nearly $900 million, while the ether ETFs pulled more than $400 million. Bitcoin BTC$123,477.68 and ether ETH$4,515.86 prices dropped sharply on Tuesday, but…
Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered
Analyst Geoff Kendrick cited surging institutional demand, favorable regulation and network upgrades. Ether (ETH) has been on a big run of late, but it’s just getting started,…
Ether Soars Above $4K for First Time Since December
At the same time, bitcoin is seeing flattish price action, pushing the ETH/BTC ratio to nearly its highest level of the year. With interest rates…
Whale Revives Profit-Taking Concerns as Bitcoin Holds Flat: Crypto Daybook Americas
Bitcoin’s Asian session bounce from $117,500 ran out of steam near $119,200 during European hours, extending two weeks of directionless trading. The CoinDesk 20 (CD20) Index traded 1.4%…
Bitcoin Treads Water as Traders Eye $140K: Crypto Daybook Americas
While bitcoin BTC$119,172.52 is pretty much back to where it was 24 hours ago, ether (ETH) and XRP XRP$3.4963 extended their gains after the House of Representatives passed the…