Crypto Traders Hedge Bitcoin Rally After 40% Rise in 4 Weeks, Options Data Show
Some traders have started buying puts to protect against a potential sharp decline, according to Greeks.Live.
Trading
Bitcoin Surges Above $59K as Bull Rally Continues
The “fear and greed” index reading is now at 87, a sign of “extreme greed.”
Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving
An expected pre-halving rally is a good spot to realize short-term profits, one market observer said.
Bitcoin Shorts Lose $150M as BTC Poised for ‘Tremendous Upside’
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.
Ether, Mantle Lead Crypto Majors as Bitcoin Traders See Prices Correcting to $48K
“Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said.
First Mover Americas: Worldcoin, The Graph and Filecoin Finish the Week on Top
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
PancakeSwap Plans ‘Affiliates’ for Expansion; Cake Holders to Benefit
CAKE token holders will benefit from the success of affiliate forks as they will receive native DEX tokens from affiliates, if things go as planned.
Ether ETFs Unlikely to Cause a ‘Bubble,’ Traders Say
Interest in ether bets rose significantly after the approval of spot bitcoin ETFs in January sparked optimism among ETH traders.
Jack Dorsey’s Block Is Sitting on $207M Gain on Its Bitcoin Bet
Block, Inc. (SQ) stocks were up 13% in after-market trading hours.
First Mover Americas: AI Mania Heats Up
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.