Coinbase users appear hungry for coins as a trading firm forecasts a “major flippening” in BTC ownership coming in January.
Category: Market Analysis
Institutional tax-loss harvesting weighs on the Bitcoin price as 2021 comes to a close
BTC price retests the recent lows at $46,000 as institutions appear to be “selling for tax reasons” while $52,000 remains a major hurdle in the […]
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
But concerns remain that the cryptocurrency could fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones.
‘Net neutral’ — Rising Bitcoin exchange balances could be due to Huobi Chinese user block
Binance may be seeing Bitcoin inflows, but overall, movements among major exchanges appear to cancel each other out, fresh data shows.
Analysts warn that possible downside wick could push BTC price as low as $44K
A double top formation preceded Bitcoin’s plunge below $48,000 on Dec. 28 with some analysts suggesting it could dip to $44,000 before resuming its uptrend.
Little forkers: BCH and BSV get crushed by Bitcoin price in 2021
The two cryptocurrencies look poised to end 2021 in double-digit percentage losses against Bitcoin.
Bitcoin gains after $46K drop as ‘bottoming out’ continues into 2022
With the odds of a squeeze still high and ample liquidity below recent lows, traders are betting on volatility as 2021 ends.
First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows
There’s little to smile about when it comes to institutional participation in Bitcoin at the end of the year, data shows.
5 ways derivatives could change the cryptocurrency sector in 2022
Retail and institutional investors love derivatives instruments. Here‘s how they could impact crypto markets in 2022.
3 reasons why Convex Finance surged 215% in December to hit new all-time high
Convex Finance saw its token price and total value locked hit all-time highs following several prominent exchange listings and the addition of support for new […]