Bitcoin No Longer Trading at a Premium on Coinbase, Data Show
Submitted by Anonymous (not verified) on Tue, 03/19/2024 - 10:10The so-called Coinbase premium has evaporated, indicating a weaker stateside buying pressure.
The so-called Coinbase premium has evaporated, indicating a weaker stateside buying pressure.
Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived.
From March 20, interoperability protocol Celer will allow MOON holders to move coins to Arbitrum One.
Increased crowd chatter may be a sign of an impending retail investor frenzy.
The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80.
The upgrade allows layer 2 solutions to store data in "blobs" instead of the expensive call data.
"Normally rising wedges resolve bearish," crypto analyst and trader Josh Olszewicz told CoinDesk.
By locking in the right to sell ETH at a predetermined price, options traders are preparing for short-term weakness after the cryptocurrency hit a
Currently, less than 2,000 millionaires, or wallets with $1 million worth of bitcoin, are created daily.
Notional open interest refers to the dollar value of the active or open futures contracts at a given time.
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