Tag: Market

Bitcoin Market Could Heat Up as Prices Approach $90K

As bitcoin’s (BTC) recovery rally continues, $90,000 is now the key level where things could get interesting. The projection is based mainly on the current positioning of options market makers. Market makers, also known as dealers or MMs, are responsible for providing liquidity to the order book. They occupy the opposite side of investors’ trades and work to maintain a market-neutral exposure by hedging in spot and futures markets. They make money off the difference between what they pay for an asset and how much they sell it for, known…

Solana’s ‘early stage bull market’ hints at 65% SOL price gains by April

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Solana (SOL) price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins. Technicals show 65% SOL price rally in play As of March 26, SOL’s price had entered the breakout stage of what appears to be a falling wedge pattern. A falling wedge forms when the price consolidates inside a range defined by two converging, descending trendlines. Meanwhile, the pattern resolves when the price breaks above the upper trendline. SOL/USD daily price chart. Source: TradingView Solana broke above the…

Bitcoin Rally To $95K? Market Greed Suggests It’s Possible

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin is on everyone’s crosshairs once more. The cryptocurrency shot up to $88,500 today, exciting traders who think the price will rise to $95,000 in the near term. But…

Bitcoin must break this level to resume bull market as $2.4B in BTC leaves exchanges

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Over 27,740 Bitcoin (BTC) worth $2.4 billion were withdrawn from exchanges on March 25, the highest daily outflow since July 31, 2024. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) continue their inflow streak, suggesting that institutional demand is making a comeback. Is the Bitcoin bull run about to resume? Bitcoin exchange outflows hit 7-month high Bitcoin is making another attempt at a technical breakout above $90,000 as supply on exchanges continues to decrease. Bitcoin: Net flow to exchanges. Source: Glassnode A closer look at the data reveals that a considerable chunk…

Top 10 cryptos to buy for winning in a Bitcoin bear market 

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Bitcoin is hovering close to $88,000, nearly 10% above its bull market low of $76,600. Crypto traders are less fearful now, sentiment has improved, relative to the past few weeks, according to the Fear & Greed Index. Traders are gearing up for the next bear market and to shield their crypto portfolio from the next Bitcoin flash crash. In this deep dive, you find a list of 10 cryptocurrencies that either enjoy a negative correlation with Bitcoin (BTC) or showed resilience to the recent crypto market crashes and yielded consistent…

Crypto Exchange MEXC Halts Market Manipulation Scheme

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MEXC said it has liquidated a large-scale group of market manipulators engaged in various malicious activities, including self-trading, spoofing, and front-running. Presence of Institutional Actors Draws Concern Cryptocurrency exchange MEXC recently announced that it liquidated a large-scale, coordinated group of market manipulators engaged in self-trading, spoofing, layering, front-running, and quote stuffing. According to the exchange, […] Source

Mt. Gox Moves $1-B In BTC Again—Is A Market Shakeup Coming?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Mt Gox, the failed Tokyo-based crypto exchange, is back in the news after on-chain data confirmed that it has moved 11,501.4 Bitcoins worth over $1 billion to its two…

CME Group to pilot tokenization technology for capital market efficiency

US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions. According to a March 25 announcement, CME has already begun integrating GCUL to improve capital market efficiency and wholesale payments.  CME Group chairman and CEO Terry Duffy said GCUL could “deliver significant efficiencies for collateral, margin, settlement and fee payments as the world moves toward 24/7 trading.” The announcement did not provide specific details about which assets would be tokenized. CME…

Movement Network to buy back tokens with $38M recovered from rogue market maker

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The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months. On March 24, the Movement Network Foundation said it recovered about $38 million in assets from a market maker tasked with providing liquidity on buy and sell orders for the Movement (MOVE) token on Binance.  Binance offboarded the market maker due to “market irregularities.” The exchange sanctioned the market maker, freezing its proceeds and forbidding it from further market-making activities.   Market makers provide…