Analyst Predicts Bitcoin Surge as Spot Premium Drops coinedition.com 21 August 2024 15:50, UTC A low Bitcoin spot premium, not seen since the FTX crash, signals potential price growth, according to crypto analyst Wise Advice. The self-proclaimed top Asian crypto influencer points to the BTC Open Interest (OI) weighted spot premium as a key…
Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant coindesk.com + 1 more 22 August 2024 12:13, UTC The number of BTC held in wallets tied to over-the-counter (OTC) desks has surged to 368,000 BTC, the highest since June 2022, according to CryptoQuant. Miners often turn to OTC deals to sell bitcoin. Crypto…
Suspected DMM Bitcoin hackers move 500 BTC to new addresses crypto.news 22 August 2024 10:55, UTC A crypto address linked to the $305 million DMM Bitcoin hack in May has reportedly moved 500 Bitcoin, which have an estimated value of $30.4 million. According to PeckShield Alert, the suspected address first moved the Bitcoin (BTC)…
Bitcoin Sudden Shakeout Wipes Out $120M in Open Interest; Warning Against Excessive Leverage thecryptobasic.com 22 August 2024 10:52, UTC Bitcoin recently experienced a sudden market shakeout, erasing $120M in open interest as the market recovered from the week-long sideways movement. According to data from CoinGlass, about 2,000 BTC in open interest was wiped out…
Bitcoin 'ripe for short squeeze' as bulls pressure $62K BTC price wall cointelegraph.com 22 August 2024 10:46, UTC cointelegraph.com
Longest Bitcoin ATH Wait Post-Halving? Peter Brandt Warns of Red Flags thecryptobasic.com 22 August 2024 12:28, UTC As Bitcoin (BTC) moves through its current bull market cycle, it is nearing an unusual milestone. According to veteran trader Peter Brandt, this cycle may soon mark the longest stretch in Bitcoin’s history without hitting a new…
Is Bitcoin (BTC) Ready to Rise? What is Needed for Rise? Willy Woo Explained! en.bitcoinsistemi.com 22 August 2024 12:26, UTC After bottoming at $15,000 following the sudden bankruptcy of FTX in November 2022, Bitcoin recorded a tremendous rise in 2023 and 2024, surpassing its ATH of $69,000. While BTC is in a downtrend after…
