Markets

The post Top Altcoins to Accumulate While Crypto Markets Consolidate Ahead of Bitcoin Halving appeared first on Coinpedia Fintech News The crypto markets are trying hard to recover after facing an acute pullback in the past few days. Bitcoin’s price had fallen below $65,000, bringing the entire cryptocurrency market to its knees. Among them, there are some altcoins which are displaying acute strength and may go along with a minor change in the trade dynamics within the space.  Fantom (FTM) …

The crypto market is no stranger to buzzworthy projects, bringing about a stir in the market. One upcoming project —Pullix (PLX), is making waves for good reasons. The revolutionary hybrid trading platform is vying for the altcoin spotlight, challenging the likes of Coinbase and Binance. Publix (PLX) An Upcoming Top Altcoin The hybrid exchange Pullix (PLX) one of the main features is revenue-sharing that is attracting investors because of its innovative solutions. After completing its presale and recently getting listed…

In the midst of wavering traditional markets, investors in Tether’s USDT and Binance Coin are turning their attention towards Fezoo's presale in search of growth opportunities. Tether's USDT is doing really well lately. It reached a big milestone by being worth over $105 billion in the market. This shows that even when the cryptocurrency market is uncertain, Tether's USDT remains strong and dependable.  On the other hand, Binance Coin is staying above $500, which is a very important level for…

There are around 18,000 Bitcoin options due to expire on April 5 with a notional value of $1.23 billion. However, today’s expiry event is much smaller than last week’s whopping $15 billion end-of-quarter crypto options expiry. Moreover, markets have been weaker this week, with total capitalization falling 5% as $150 billion left the space. Bitcoin Options Expiry Today’s tranche of expiring Bitcoin options contracts has a put/call ratio of 0.64. This means there are about a third more call (long)…

On April 1, the macroeconomics outlet Kobeissi Letter released the key events for this week’s busy economic calendar in the United States. As crypto markets brace for another data-heavy week, volatility could return, with Bitcoin approaching resistance levels at its all-time high. Crucial job market reports are scheduled to be released on Friday, and Fed Chair Jerome Powell will speak on Wednesday. Key Events This Week: 1. ISM Manufacturing PMI data – Monday 2. JOLTs Job Openings data – Tuesday…

March 29 is an end-of-quarter Bitcoin options expiry event, and it is a big one. There are approximately 135,250 BTC options contracts expiring today. The notional value of today’s big batch of Bitcoin derivatives is a whopping $9.74 billion, making it the largest expiration event so far this year, according to Deribit. Bitcoin Options Expiry The put/call ratio for today’s huge tranche is 0.85, meaning there are slightly more long contracts being sold than shorts. There are more than a…

Bitcoin’s price finally went on a roll as the US ETF inflows turned positive, and the cryptocurrency jumped to its highest price in about ten days of over $71,000. The altcoins have also turned green, with ETH nearing $3,700, while DOGE and SHIB are up by 7% each. Bitcoin’s Resurgence Last week was quite harmful to the primary cryptocurrency as the asset plummeted to under $61,000 on Tuesday morning amid fears of what the US central bank might do later…

Bitcoin crashed almost 50%, and McDonald's marketing department is just rubbing it in. "How are you doing, people who run crypto Twitter accounts," they asked on Twitter, as about $130 billion in crypto assets disappeared in 24 hours. Judging by the answers, things are not going that great. Billionaires and crypto exchanged responded with crypto memes and phrases, showing just how bad things are. Crypto exchange Binance perhaps summed up the sentiment best. They responded with an image of a…