Falling Bitcoin-Ether Spread is Music to Altcoin Traders’ Ears

Crypto bulls are raising doubts about the lasting nature of recent significant increases in alternative cryptocurrencies (altcoins), such as meme coins. They may look into the recent pattern in the spread between bitcoin and ether perpetual funding rates. Recent data from Glassnode indicates that the difference between bitcoin and ether perpetual funding rates has sharply …

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Bitcoin Tops $63K for First Time Since November 2021

Bitcoin reaches over $63K, its highest value since November 2021, sparking renewed interest in cryptocurrency markets. Bitcoin’s price went over $63,000 on Wednesday, its highest since November 2021. This happened as more people invested in U.S.-traded spot ETFs, which added over 12,000 bitcoin on Tuesday and about 10,000 on Monday. The upcoming bitcoin halving in …

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BTCUSD

In the recent occurrence of Bitcoin reaching a new high followed by a drop, a development took place.  In this analysis, I am going to discuss the characteristics of trends, particularly about Bitcoin, and to examine a bear trend. Bitcoin experienced a substantial drop, and unlike previous instances, there was no subsequent extension or continuation …

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Ultra-Fast Scalping Strategies in Forex

What is scalping? Scalping is a trading approach characterised by its rapid pace and focus on exploiting small price movements for quick profits. It’s a favoured method among traders seeking immediate engagement and returns. In this article, we explore three top-tier 1-minute scalping strategies: Heikin-Ashi Pullback, RSI Extremes, and Stochastic Oscillator Quick Signal, offering insights …

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Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders

The unstoppable rise of Bitcoin is causing the price of holding leveraged bullish bets to increase rapidly in perpetual futures trading. This creates a good opportunity for traders who don’t want to bet on the direction of the market to make profits through arbitrage. On Tuesday, bitcoin soared to nearly $57,000, reaching its highest level …

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Jack Dorsey’s Block is Sitting on $207M Gain on Its Bitcoin Bet

                In its fourth-quarter earnings report released on Thursday, Block, a fintech company, disclosed a remeasurement gain of $207 million on its bitcoin (BTC) holdings. As of December 31, 2023, Block held approximately 8,038 BTC for investment purposes, valued at $340 million. The company, owned by Jack Dorsey, …

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