Crypto Carnage: $100 Million in Bitcoin Longs Liquidated in Minutes
The crypto market carnage has not stopped since NewsBTC’s last market update: Bitcoin, as of the time of writing this, is trading at $8,700, having...
BitMEX Liquidations Hit YTD Record as Bitcoin Nosedives
Over 150 million dollars worth of bitcoin long positions were liquidated today on Bitmex, the most seen in 2020 so far. Many of the liquidated...
Crypto Fireworks Yet to Come As BitMEX Open Interest Remains Over $1 Billion
Over the weekend, Bitcoin broke back above $10,000 for the first time in 2020, but an abrupt selloff caused an over $250 drop in less...
Bitcoin is Setting Up For a Violent Long Squeeze, Which May Trigger New Lows
Bitcoin bulls across the crypto market have been celebrating their recent victories in pushing the leading cryptocurrency by market cap’s price higher and higher, busting...
Bitcoin Futures Expiration, Soaring Open Interest Could Signal Major Move Ahead
The institutional traders on CME Group’s Bitcoin futures trading desk and the retail traders and crypto whales trading on BitMEX often dominate the market and...
Bitcoin Just Violently Rejected $8,600: Here’s Why It Likely Means Retest of $7,000s
The bitcoin price just strongly rejected the $8,600 level, breaking down from a tight range for the first time in four days. BTC dropped below...
BitMEX, Binance Dominate Bitcoin Perpetual Futures Markets
A recent crypto exchange review has revealed that the two dominant forces in bitcoin perpetual futures were Binance and BitMEX commanding 40% of the market...