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Markets
Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock
The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price.
Bitcoin Miner Capitulation and Record High Hashrate Point to Possible Price Bottom: CryptoQuant
Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.
Bitcoin More Likely to Fall by $5K Than Rise by Same Amount: Analyst
The BTC market shows signs of seller dominance, FxPro's analyst said.
Hamster Kombat Says It Skipped VC Fund Offers, Bashes 'Exit Liquidity' Behavior
The wildly popular Telegram game has apparently amassed millions of users since its April release.
Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months
The dwindling metric points to declining selling pressure in the bitcoin market.
XRP Bullish Options' Popularity Jump May Be Due to ETF Speculation, Observers Say
Traders have locked in over $2 million in XRP's $1.10 call option listed on Deribit, the highest across all available maturities.
Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
Here's Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
Order books on U.S. exchanges offer more liquidity than their offshore counterparts, according to CCData.
Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
