Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
An analyst has explained that a futures market signal could be one to wait for before the latest Bitcoin drawdown can finish. Bitcoin Funding Rates Are Still In The Positive Territory As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC funding rate has been reducing recently, but it’s still at positive…
Since the latest Bitcoin rally started, there has been speculation going on as to whether derivatives fuel the surge. Here’s what Glassnode says. Bitcoin Funding Rates Have Remained Cool Recently In its latest weekly report, the on-chain analytics firm Glassnode has talked about what the derivatives side of the market has looked like while the…
Data shows that Bitcoin funding rates have risen to the greenest levels since February 2023, something that could increase the risk of a long squeeze. Bitcoin Funding Rates Are At Highest Levels Since February As pointed out by an analyst in a CryptoQuant post, longs have accumulated in the market recently. The “funding rates” is…
Data shows the Bitcoin funding rates on the cryptocurrency exchange BitMEX have turned quite negative recently. Here’s why this may be bullish. Bitcoin Funding Rates On BitMEX Have Plunged To Deep Red Values As pointed out by an analyst in a CryptoQuant post, BTC felt a bullish boost the last time this pattern was observed.…
The crypto market has started the year 2023 with a remarkable, bullish run. Over the last few days, several assets have recorded significant profits and are starting to pull through the crypto winter. Most notably, Bitcoin, the market leader and the world’s biggest digital asset, has been one of the top-performing coins this year. In…
On-chain data shows the Bitcoin spot and derivative exchange reserves have both shot up recently, a sign that could be bearish for the price. Bitcoin Spot And Derivative Reserves Register Growth As pointed out by an analyst in a CryptoQuant post, the open interest and the funding rates are also heating up in the BTC…
On-chain data shows the Bitcoin reserve on Binance has been sharply going up in the last couple of days, something that could be a sign of dumping. Bitcoin Reserve On The Crypto Exchange Binance Has Observed Sharp Growth In Recent Days As pointed out by an analyst in a CryptoQuant post, the funding rates have…
On-chain data shows the Bitcoin funding rates have now hit a 6-month high, something that could lead to a long squeeze in the market. Bitcoin Funding Rates Currently Have A Highly Positive Value As pointed out by an analyst in a CryptoQuant post, BTC funding rates have surged up to the highest for the last…