‘Smart Money’ Is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.
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Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.
Bitcoin’s dominance by futures open interest has declined to 38% from nearly 50% two months ago.
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Overall crypto market capitalization crossed the $1.7 trillion mark on Wednesday for the first time since May 2022.
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.
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Stacks [STX], the native token of Stacks Network, rose by 25% on Wednesday on the back of praise from legendary investor Tim Draper.
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.