On-chain data for funding rates shows traders are once again piling into Bitcoin, the world’s largest cryptocurrency by market cap.Funding rates are an indicator of increased trading activity. Perpetual swap products allow traders to borrow in excess of the funds they hold—a process called using leverage—to place bigger bets for more gains while putting up a smaller amount of … [Read more...] about Data shows funding rates for Bitcoin are “warming up again”
Warming
Bitcoin’s Bull Market is Just Warming Up – BTC Analyst
Summary:Willy Woo has forecasted that Bitcoin’s bull market is just getting startedHe cites that retail investors reentered the space in January and will continue to do soA peak in new Bitcoin users and investors is yet to be reached in the current bull cycleBitcoin has regained $50k and could be gearing up for $52k and ultimately $55kVeteran Bitcoin analyst, Willy Woo, has … [Read more...] about Bitcoin’s Bull Market is Just Warming Up – BTC Analyst