The non-fungible token (NFT) space has enjoyed lots of highs in recent memory with a cumulative sale worth hundreds of millions, however, with the mania about the space sputtering out, indications have emerged that there is still reason for optimism in the sector.More people are buying NFTsReports from Delphi Digital have revealed that the number of unique addresses buying NFTs … [Read more...] about ‘Unique’ NFT buying activity is increasing on dApps like OpenSea and SuperRare
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Crypto Twitter says Bitcoin shorts are increasing, but data shows otherwise
Margin trading allows investors to borrow stablecoins or cryptocurrency to leverage their position and improve the expected return. For example, borrowing Tether (USDT) will allow one to buy Bitcoin (BTC), thus increasing their Bitcoin long position. Investors can also borrow BTC to margin trade a short position, thus betting on price downside. This is why some analysts monitor … [Read more...] about Crypto Twitter says Bitcoin shorts are increasing, but data shows otherwise
Increasing stock market volatility drags Bitcoin and altcoin prices lower
The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike on the 10-year U.S. Treasury bond. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin (BTC) fell to a low at $44,710 late on Feb. 25 before buying at the key support returned to help … [Read more...] about Increasing stock market volatility drags Bitcoin and altcoin prices lower