Download Instagram Videos

Tag: BTC

Seller shortage? Bitcoin exchange reserves plunge as BitMEX bleeds BTC

Bitcoin ( BTC ) exchange reserves are continuously plummeting as analysts pinpoint the trend to a shortage of sellers. Since the March crash, the reserves on exchanges fell rapidly from 2,950,000 BTC to 2,700,000 BTC. Within merely seven months, a 250,000 BTC fall in exchange reserves signifies a $ 2.85 billion decline. Behind the steep […]

Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low

Bitcoin ( BTC ) options aggregate open interest has increased to $ 2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $ 300 million. In simple terms, options derivatives contracts allow investors to buy protection, either […]

Record-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC

Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from September 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin ( BTC ) from public companies in recent months. Bitcoin delivery on Bakkt. Source: ICE, Arcane Research Bakkt, the digital asset payment platform and derivatives exchange, is […]

More investors HODL Bitcoin in anticipation of a 2021 BTC bull market

New data shows Bitcoin's ( BTC ) current price action is showing higher levels of 'HODLing' activity than previous bull cycles. According to on-chain analyst Willy Woo, an indicator called "reflexivity "Has been increasing in recent months. Woo explained that the indicator measures bitcoin investors' tendency to hold onto their BTC as its price rises. […]

Back To Top