Bitcoin whale: Most anticipated Bitcoin price decline now here

One of the most famous and influential Bitcoin whales who placed a bet on Bitcoin price decline on the crypto exchange website, Bitfinex, is back. The analyst and big-time investor got rid of his account on social media Twitter a few days back, citing that the publicity he enjoys on the app has done more […] …

Risk of Massive Crash: Ethereum Long Positions at Record High

The Ethereum network’s Ether (ETH) tokens have recently experienced a parabolic rise in long positions. This, in turn, increases the risk of yet another violent […]
The post Risk of Massive Crash: Ethereum Long Positions at Record High appeared first on InsideBitcoins.com. …

Long Ethereum positions on Bitfinex reach over $300 million

Long Ethereum positions on popular crypto exchange Bitfinex reached a new all-time high, as ETH investors are expecting a bullish market. A recent tweet by Brave New Coin contributor Josh Olszewicz, Long positions for ETH recorded a new milestone on May 12. Moreover, he noted that long Ethereum positions on Bitfinex cryptocurrency exchange now account […] …

Forget bitcoin halving event; Is Tether the key reason behind BTC’s resurgence?

Cryptocurrency enthusiasts and investors alike are preparing for the long-awaited bitcoin halving event in a few days. The upcoming halving event will see the amount of new BTC coins entering the market slashed by 50%. The price of the flagship digital currency surged last week and is now a strong challenger for this year’s best-performing […] …

Bitfinex whales are flipping short on Bitcoin as institutions grow more active than ever

Bitcoin’s intense rebound from its mid-March lows of $3,800 has reignited institutional trader’s interest in the market, as seen by BTC’s CME futures open interest setting fresh all-time highs earlier today. Data also seems to suggest that many of these traders are beginning to reduce their short exposure to the benchmark cryptocurrency — a sign […]
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Crypto OTC desks report “record” institutional selling after Bitcoin crossed $9,000

Ahead of Bitcoin’s upcoming halving on May 12, the cryptocurrency market is seeing a resurgence of sorts as most digital assets returned over 50 percent to investors through April. While popular sentiment expects a price surge after May 12, reports from OTC desks suggest investors have begun taking profits. Institutional-led price resistance A tweet by […]
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PrimeXBT: Why Bitcoin traders switch to other markets

The growth of the Bitcoin market has brought forth a new type of trader — the Bitcoin, or cryptocurrency, trader. These traders thrive on high risk and big volatility, and know-how to master the new and nascent digital asset markets. However, they also have a good eye for opportunities across the board. The Bitcoin market […]
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