Crypto Twitter nonfungible token (NFT) influencers have been relatively quiet over the past two weeks as trading volumes on OpenSea dropped to a three-month low and analysts critical of the emerging sector say a bear market is at hand. While overall sale volumes do pale in comparison to previous months, certain projects have seen a significant surge in the last week.Data from … [Read more...] about OpenSea volumes go bananas as collectors pile back into Bored Ape Yacht Club NFTs
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Open Positions in Ether ‘Calls’ Hits 1 Million Mark as Traders Pile Onto Higher Strike Options
Ether’s options market flows appear more bullish than ever, with the cryptocurrency eyeing the psychological level of $5,000.Data tracked by Swiss-based analytics firm Laevitas shows there are currently 1.02 million call option contracts ($4.8 billion) open on the Deribit exchange – perhaps a record figure and twice more than the put option tally of 426,950 ($2 billion).The big … [Read more...] about Open Positions in Ether ‘Calls’ Hits 1 Million Mark as Traders Pile Onto Higher Strike Options
Traders pile into altcoins after Bitcoin price bounces at a key support
The wider crypto market has a wait-and-see feel to it on Aug. 25 as the price of Bitcoin (BTC) dipped to $47,360 before rebounding off the lower support of the ascending channel to reclaim the $48,000 level. Despite the swift turnaround, analysts are still wary and well-known financial analyst John Bollinger warned investors that it might be a good time to secure some … [Read more...] about Traders pile into altcoins after Bitcoin price bounces at a key support
Altcoin bulls pile into Synthetix (SNX), Axie Infinity (AXS) and EOS
Bitcoin’s (BTC) steady range-bound trading opened the door for select altcoins to rally higher as antsy traders scour the markets in search of profitable opportunities. Data from Cointelegraph Markets Pro and TradingView shows that the top 3 movers over the past 24 hours are Synthetix (SNX), Axie Infinity (AXS) and EOS.Top performing assets over the last 24-hours. Source: … [Read more...] about Altcoin bulls pile into Synthetix (SNX), Axie Infinity (AXS) and EOS
Altcoins rally as bulls pile into large-cap tokens and layer-1 projects
The cryptocurrency market provides investors with another day of 'altseason' as the majority of altcoins in the top 100 on CoinMarketCap rallied today. Several large-cap tokens reached multi-year highs and this all took place as Bitcoin (BTC) price struggles to hold any of the news-event-driven gains that it has accrued throughout the week. One of the most notable performances … [Read more...] about Altcoins rally as bulls pile into large-cap tokens and layer-1 projects