Bitcoin futures enter backwardation for the first time in a year
Risk-averse BTC derivatives traders throw in the towel after futures contracts trade below the spot market price.
Risk-averse BTC derivatives traders throw in the towel after futures contracts trade below the spot market price.
Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average.
Podcaster and Bitcoin educator Natalie Brunell believes the current market turmoil could lead to regulation favoring Bitcoin over alts.
The shocking Bitcoin withdrawals appeared as BTC’s extended its decline below $20,000 over the weekend.
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable.
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index.
Sentiment in the crypto community is the lowest it has ever been, leading to fresh speculation that BTC is a dying asset.
While NFTs could change the gaming economy, some blockchain-based projects can be less than honest.
At least some were buying the dip below $20,000, data shows, while PlanB fields fresh criticism of his Stock-to-Flow BTC price models.
Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing recently, hitting new all-time highs.