Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume.
Here’s how investors can use Bitcoin options to generate DeFi-sized yields without having to wrap their hodl stack.
Bitcoin’s newly found bullish momentum has traders targeting $12,000 and above.
The futures contracts premium and the long-to-short ratio show that top traders feel bullish about Bitcoin price.
On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze.
Analysts expect Bitcoin price to retest $11,000 after favorable macro factors improve BTC’s technical setup.
Analysts believe Bitcoin’s on-chain fundamentals point to a 2017-style bull run
Bitcoin price rallied close to $11,000 after Square announced a $50 million BTC purchase.
Bitcoin derivatives data show pro traders increased their short positions in the past three weeks.
DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal.