Bitcoin Options Traders Bet on $115K, Leverage Risk Looms
According to analysts, “BTC funding rates indicate the significant use of leverage… this leaves us susceptible to 2-way volatility.”
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According to analysts, “BTC funding rates indicate the significant use of leverage… this leaves us susceptible to 2-way volatility.”
DeFi tokens experience short-term volatility amid whale activity, with key players like Aave, Maker, and Lido DAO navigating crucial levels. While the market shows mixed signals, long-term trends hint at potential bullish momentum for these tokens.
XRP price has dropped 18% from its $2.75 peak earlier this week as Bitcoin makes a move to $104,000, setting an eye on 60% market dominance.
Institutional and corporate players are now paying more attention to Bitcoin.
“Some of what is being said, this idea that we should have some kind of national Bitcoin reserve, is crazy,” Summers remarked.
The ongoing bullish breakout for Ethereum in the weekly chart will trigger a major altseason in the near term amid the ongoing crypto cash rotation from Bitcoin.
Australia’s financial watchdog will be cracking down on non-compliant crypto ATMs in 2025, a move aimed at curbing money laundering and other related scams.
Ripple CLO believes that once the regulatory issues are resolved, Ripple could lead in enterprise crypto solutions.
Binance’s listing of ACX and ORCA has spurred significant price surges, though their “Seed Tag” warns traders of high risks.
Despite the uncertainties on the regulatory front, Solana price continues to hold strong.
Polkadot’s parabolic rally continues, as it remains among the top performers over the last 30 days. The bull run has reached prices last seen in March 2024 and hit new record highs over the network. As the price chart predicts a potential rally, bulls target these key levels.
Investor confidence in the Cardano chain improved in Q4 2024 as TVL crossed $700M mark for the first time.
Vancouver’s City Council, led by Mayor Ken Sim, is considering a motion to integrate Bitcoin into the city’s finances, exploring such options as accepting taxes and fees in Bitcoin.
The rising adoption of Bitcoin ETFs coincides with Bitcoin reaching the long-anticipated $100,000 price milestone.
Bitcoin led the entire cryptocurrency industry in heavy liquidations of about $500 million, mostly involving long traders following the sudden selloff in the past 24 hours.