Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations

October 7, 2024 Bitcoin.com

Bitcoin

On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $92.617 billion in volume, with bitcoin grabbing a $29.85 billion slice of that pie. […]

Robert Kiyosaki Endorses Michael Saylor’s M Bitcoin Forecast — ‘I Believe He Is Right’

Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

Ethereum trader sentiment needs small bump for ETH to see ‘parabolic rise’

September 13, 2024 Coin Telegraph

Burak Kesmeci

A crypto analyst is eyeing Ether’s funding rate rising above 0.015 to see if “the calm before the storm breaks.”

Ether trader sentiment needs a slight uptick to confirm an indicator signaling a possible significant price spike and a trajectory for the token that could put it on a bull rally.

“We will wait for Ether’s funding rate to rise above 0.015 to see if the calm before the storm breaks,” CryptoQuant contributor Burak Kesmeci wrote in a Sept. 12 note.

Ether’s (ETH) funding rate acts like a small market fee, aligning futures with spot prices and stabilizing perpetual contracts.

Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

US Bitcoin, Ethereum ETFs hit $6B volume amid market rout

August 6, 2024 Coin Telegraph

US Bitcoin, Ethereum ETFs hit B volume amid market rout

Bitcoin ETFs

Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.

The United States Bitcoin and Ether ETFs recorded nearly $6 billion in trading volume amid market turmoil on Aug. 5.

According to data from CoinGlass, spot Bitcoin (BTC) ETFs registered a total daily volume of $5.24 billion on the day, with more than half coming from BlackRock’s iShares Bitcoin Trust (IBIT).

Spot Ether (ETH) ETFs recorded $715.3 million in trading volume, led mainly by Grayscale’s Ethereum Trust (ETHE) and BlackRock’s iShares Ethereum Trust (ETHA).

Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

Over $370,000,000 in Bitcoin, Ethereum and Altcoins Liquidated in 24 Hours As BTC Briefly Dives Below $57,000

July 4, 2024 The Daily Hodl

Altcoins

Options traders are seeing hundreds of millions of dollars worth of losses as Bitcoin (BTC) suddenly plummets below $57,000 and altcoins collapse. According to crypto data aggregator Coinglass, over $379 million in liquidations have occurred in the last 24 hours — nearly 90% of them from leveraged long positions. Binance, the world’s largest crypto exchange […]

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Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish

May 8, 2024 Coin Telegraph

Coin Telegraph

The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.”

Two key Bitcoin (BTC) trading indicators — funding rate and 3-month annualized basis rate — could suggest the price is on track to go upwards soon, according to a crypto analyst.

“Looks like we’re consolidating before the next leg up,” Reflexivity Research co-founder Will Clemente wrote in a May 7 post on X, explaining that both Bitcoin’s funding rate and Basis rate have “cooled off” after briefly reaching negative readings.

Bitcoin’s funding rate is often used to track overall trader sentiment for the cryptocurrency market. Exchanges use this rate to balance out traders entering long positions with those opting for short positions to mitigate the risk of overexposure.

Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correction

May 1, 2024 Coin Telegraph

Ben Simpson

Crypto traders are stressing that the Bitcoin price correction is “exactly what the cycle needs” right now.

Bitcoin (BTC) has declined approximately 20% over the past three months, but crypto traders are unfazed by the decline, claiming it is just a routine correction in the market cycle.

“This is the 4th 20% correction in BTC in 12 months...pretty ordinary stuff,” CEO of Real Vision Raoul Pal stated in an April 30 post on X — comparing its current price level to when Bitcoin hit its all-time high of $75,830 on March 14.

“This is exactly what the cycle needs to resynchronize with historical price norms and the traditional Halving Cycle,” pseudonymous crypto trader Rekt Capital wrote in a post on the same day.

Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

Curve Founder Michael Egorov Faced Liquidation Amid Weekend Altcoin Crash: Report

April 15, 2024 The Daily Hodl

Altcoins

The founder of the decentralized finance (DeFi) protocol Curve (CRV) reportedly stared at the prospect of getting liquidated as the altcoin market collapsed during the weekend. According to crypto reporter Colin Wu, Curve founder Michael Egorov faced liquidation in his lending positions after Curve’s native asset dipped to $0.42. “Curve founder Michael Egorov also faced […]

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Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

$85,000 BTC? – Bitcoin Breaks Out, Nearing New All-Time Highs As Analysts Weigh Possible Next Leg Up

April 8, 2024 The Daily Hodl

Bitcoin

Crypto short sellers are getting liquidated as Bitcoin (BTC) breaks out past the $70,000 mark once again while altcoins also rally. According to liquidation data from CoinGlass, the crypto markets have seen more than $187 million in liquidations in the last 24 hours – the majority of which are short sellers. In the last day, […]

The post $85,000 BTC? – Bitcoin Breaks Out, Nearing New All-Time Highs As Analysts Weigh Possible Next Leg Up appeared first on The Daily Hodl.

Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

$654,000,000 in Liquidations Slam Crypto Traders As Bitcoin (BTC) Suddenly Drops to $62,000

March 19, 2024 The Daily Hodl

Bitcoin

Leverage traders are staring at over $654,000,000 in losses after Bitcoin (BTC) suddenly dipped to $62,000, a more than 8% decline from the day’s high. According to crypto data aggregator Coinglass, more than 232,029 traders suffered $654.34 million in liquidations during the last 24 hours – mostly from leveraged longs. Crypto exchange OKX hosted the […]

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Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’

Over $700,000,000 in Bitcoin, Ethereum and Other Crypto Assets Liquidated in 24 Hours As BTC Falls Below $69,000

March 15, 2024 The Daily Hodl

Over 0,000,000 in Bitcoin, Ethereum and Other Crypto Assets Liquidated in 24 Hours As BTC Falls Below ,000

Altcoins

Hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH) and other crypto assets have been liquidated during the last 24 hours as BTC plunges back below its previous all-time high. New data from market intelligence platform Coinglass reveals that during the last day, $260 million worth of Bitcoin was liquidated, the overwhelming majority […]

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coinglass