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DOGE and BTC: Navigating the Storm and Positioning for the Next Leg Up

[Forum Announcement] DOGE and BTC: Navigating the Storm and Positioning for the Next Leg Up

Crypto markets are entering the week like a ticking bomb, primed by global macro pressures and critical technical levels. Today’s session close (November 26, 2024) added more kindling to the fire. Bitcoin is wobbling near $92K after shedding -2.60%, Dogecoin dominance is holding by its fingernails at 1.76%, and the US Dollar Index (DXY) continues

Bitcoin Crashes Under $93,000: What’s Behind It?

[Forum Announcement] Bitcoin Crashes Under $93,000: What’s Behind It?

Bitcoin has observed a plunge under the $93,000 level during the past day. Here’s what the trend in an indicator suggests about what could be behind this downturn.

Crypto Funds See Record $3.13 Billion Weekly Inflows, Led by Bitcoin, Solana, and XRP

[Forum Announcement] Crypto Funds See Record $3.13 Billion Weekly Inflows, Led by Bitcoin, Solana, and XRP

Cryptocurrency investment products saw a record weekly inflow of $3.13 billion over the past week, bringing their total year-to-date inflows to $37 billion as the crypto market rally keeps on going.

Three Reasons Why Bitcoin Risks Falling Below $90K: Godbole

[Forum Announcement] Three Reasons Why Bitcoin Risks Falling Below $90K: Godbole

The first indicator is the 25-delta risk reversal, which measures the volatility premium of out-of-the-money calls used to bet on price rallies relative to OTM put options offering downside protection. On Deribit, calls expiring this Friday now trade at a cheaper valuation to puts, resulting in a negative risk reversal, according to data source Am

Bitcoin Dips Below $93K After 45% Rally, How Low Will BTC Go?

[Forum Announcement] Bitcoin Dips Below $93K After 45% Rally, How Low Will BTC Go?

Bitcoin prices dumped to a six-day low of $92,775 during early trading on Tuesday in Asia. The widely anticipated correction has taken the asset down almost 7% from its Nov. 22 all-time high of $99,845. However, it had already started to bounce back coming just shy of $95,000 in Asian trading on Nov.

Traders still riding on ‘hot altcoins’ despite Bitcoin pullback: Santiment

[Forum Announcement] Traders still riding on ‘hot altcoins’ despite Bitcoin pullback: Santiment

While Bitcoin has pulled back from its all-time highs, traders are still hot on several altcoins, according to Santiment’s social sentiment tracker. In a Nov. 26 post to X, the onchain analytics platform said that while Bitcoin (BTC) fell under $93,000 on Nov. 25, “Traders are still riding the hot altcoins and discussing specific stories surr

Swan Bitcoin sues its lawyers for picking up Tether as client

[Forum Announcement] Swan Bitcoin sues its lawyers for picking up Tether as client

Bitcoin financial services company Swan Bitcoin has sued Gibson, Dunn & Crutcher, a law firm it still currently retains, after it hired a lawyer who is representing stablecoin issuer and rival crypto firm Tether.

Why Bitcoin Price Tumbles Below $93K?

[Forum Announcement] Why Bitcoin Price Tumbles Below $93K?

After facing multiple rejections at $100,000, Bitcoin price has cracked another 4% hitting an intraday low of $92,785 levels. This is the largest single-day drop for BTC following Donald Trump’s victory in US elections. Bitcoin options’ monthly expiry, fear of Trump tariffs, partial profit booking, and ETF outflows are some factors behind today