The price of Bitcoin (BTC) quickly recovered from around $44,800 to over $50,000 within merely 22 hours. Behind the rapid recovery are three major factors, including low funding rates, Square’s…
Continue ReadingIn the past 48 hours, Bitcoin‘s (BTC) price has dropped by $13,360 and more than $2.6 billion worth of futures contracts have been liquidated. When including altcoins, the total sum…
Continue ReadingBitcoin (BTC) has extended its rally over $46,000 on Feb. 9, a day after a U.S. Securities and Exchange Commission (SEC) filing revealed that Tesla bought $1.5 billion worth of BTC.…
Continue ReadingBitcoin (BTC) is continuing to rise to new heights above $35,000 on Jan. 6 as U.S. buyers on Coinbase further drive up the price. But the BTC futures market’s funding rate is…
Continue ReadingThe Bitcoin (BTC) futures funding rate on Binance Futures overtook Deribit on Dec.18, according to data from CryptoQuant. Historically, when this happened, the dominant cryptocurrency saw a local top or…
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