Investors should keep an eye on the tight inverse correlation between the strength of the U.S. dollar and Bitcoin.
Category: market analysis
Afraid of DeFi? Here’s how to earn 41% APY on Bitcoin without wrapping it
Decentralized finance yields are incredibly attractive, but options markets can also provide similar sized returns for those willing to take risks.
Bears reign as 86% of September’s $284M CME Bitcoin options are worthless
Bears lurk as Bitcoin price is down and $284M in CME BTC options are set to expire on Friday.
Bitcoin options still bullish despite this week’s $900 BTC price drop
Retail traders were rattled by Bitcoin’s $900 drop but BTC options data remains bullish ahead of Friday’s expiry.
DeFi plummets: 3 reasons for the 46% correction from YFI, UNI, DEX tokens
Ethereum’s correction triggered a DeFi-token collapse which resulted in YFI and UNI dropping by 46%.
Bitcoin price volatility expected as 47% of BTC options expire next Friday
47% of Bitcoin options expire next Friday, meaning BTC could be on the verge of a trend defining move.
Will the CME Bitcoin futures gap buyers at $9,600 be left in tears?
Bitcoin price has remained above $10,000 for some time, but will the momentum tip back in the bulls favor for a retest of the key multi-year resistance at $12K?
Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)
Bitcoin price still faces resistance at $11K as traders turn their attention to DeFi-tokens like Uniswap (UNI).
Bitcoin maxis DeFi ideology as BTC tokenized on Ethereum tops $1B
Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens.
It’s a bull trap! 3 key metrics forecast Bitcoin price rejection at $11K
3 key indicators signalled that Bitcoin’s rally to the $11K level was a dud.