Just under $9 million worth of bitcoin futures were liquidated, Coinglass data shows. Bitcoin made up for a large share of the total $28 million of crypto-tracked liquidations on Tuesday – among the lowest levels so far this year.
Large liquidations can signal the local top or bottom of a price move, which may allow traders to position themselves accordingly.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg CapitalAnalysts from Berenberg Capital Markets say that the upcoming Bitcoin halving could be a major positive for value of shares in saylor’s enterprise analytics firm MicroStrategy. saylor MicroStrategy According to the research note, if the historical pattern of the first three bitcoin halvings repeats with the fourth halving, then the rally before the halving would begin in about four months. saylor MicroStrategy Berenberg Capital notes MicroStrategy's reliance on its 152,333 Bitcoin holdings, predicting potential price gains during the upcoming Bitcoin halving.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin, Ethereum Technical Analysis: ETH Over $1,900 as Greenback Weakens on Tuesday – Market Updates Bitcoin NewsEthereum moved briefly above the $1,900 level on Tuesday, as the U.S. dollar weakened versus several G7 currencies.
Source: BTCTN - 🏆 531. / 51 Read more »
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration – Technology Bitcoin NewsThe tools essentially merge AI technologies, APIs, and blockchain technology to facilitate BTC transactions over the Lightning Network.
Source: BTCTN - 🏆 531. / 51 Read more »
Bitcoin Exodus: Over 855,000 BTC Withdrawn From Exchanges Since July 2020 – Featured Bitcoin NewsStatistics show over the past 1,075 days, customers have removed 855,621 bitcoin from centralized trading platforms.
Source: BTCTN - 🏆 531. / 51 Read more »
Celsius’ Liquidations Could be 'Significant' for the Altcoin Market: KaikoBankrupt crypto lender Celsius received an approval from the court to convert its altcoin holdings to bitcoin and ether as part of its restructuring plan. According to data by Kaiko, the market impact could be significant, considering liquidity for the tokens has dropped over the past year. CoinDesk's Jennifer Sanasie presents 'The Chart of The Day.'
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin (BTC) May Hit $50,000 by Year’s End and $120,000 By 2025: Standard CharteredBitcoin expected to reach $120,000 by the end of 2024, per StandardChartered. $BTC
Source: Utoday_en - 🏆 295. / 63 Read more »