Bitcoin’s price on Sunday just before 8 p.m. Eastern time flashed a dramatic breakdown as a wave of heavy selling torched support and dragged the price from the mid-$91,000 region into the high-$86,000s in a matter of minutes. After a decent stretch of quiet, orderly trading, everything snapped at once. After hovering around the $91,000 […]
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submitted by /u/Dongerated [link] [comments]
Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and…
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While everything is dumping, Im glad I started playing with prediction markets. At least I can still gamble my crypto port, but it doesn't depend on bitcoin crashing or whatever extreme fear sentiment the market is in. It’s actually great for hedging and 'rotation' (if you believe in that). I track a lot of Polymarket…
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While decentralized perpetual exchanges, or perp DEXes, clocked an eye-popping $1.2 trillion in volume in October, the data reveals their November tally eased slightly, trading a bit softer than the prior month’s fireworks. While the dip clocked in at just $70 billion, November’s perp DEX haul still loomed 71.7% above September, making it clear the […]
So the post I made earlier – kind of held. No bulls are buying. Supposedly JP put another hit piece out on MSTR and that's the supposed reason for the selloff… But it's really not. This could have been seen coming a million miles away, honestly. All these hit pieces. And chances are MSTR will…
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Blackrock says its spot bitcoin exchange-traded funds have become its most profitable product line, with allocations nearing $100 billion, according to comments from its Brazil director. Blackrock Executive: Spot Bitcoin ETFs Near $100B in Allocations Blackrock, the world’s largest asset manager with more than $13.4 trillion in assets under management (AUM), says its spot bitcoin […]
submitted by /u/Abdeliq [link] [comments]
Recent analysis from Joao Wedson is showing something a bit uncomfortable – wallets holding between 100 and 1,000 BTC have pretty much stopped adding. That band usually lines up with funds, desks and more “professional” money. Historically when these guys stop pressing the buy button for a while it hasn’t been a great vibe for…
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