Meme coins and AI-linked tokens surge, reversing Bitcoin's weekend losses. Whales drive up prices for tokens like MEW and SLERF. Bitcoin's drop to $62,800 leads to $2 billion in futures liquidations. Traders anticipate price fall ahead of April 20 halving event.
EdmundAdam Back opposes Defiance 2X Short MSTR ETF, citing its potential negative impact due to high Bitcoin correlation. Back warns against risks in volatile trading environment and expresses doubts about effectiveness.
Xu LinThe company revealed that shareholders have until January 30 to sell their shares in the VanEck Bitcoin Strategy ETF (XBTF).
AlexCryptocurrencies face a potential short squeeze, with Bitcoin and Ethereum in focus. Bitcoin's liquidity pool at $49,281 raises concerns, while Ethereum eyes a short squeeze at $2,700. The market's unpredictability emphasizes the need for caution and understanding that outcomes can shift rapidly.
Cheng YuanInvestor enthusiasm on Binance Futures, reflected in the soaring long-short ratio, raises questions about the sustainability of the bullish trend. As Bitcoin experiences fluctuations, traders are advised to exercise caution, considering potential liquidation risks in a dynamically evolving market.
Cheng YuanLookonchain tweeted "A giant whale address borrowed 20 million CRV from Aave and transferred 10 million CRV to OKX.
Tristan
One Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze.
CointelegraphOn-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short ...
BitcoinistTwo ETF issuers filed two new and innovative applications for an inverse fund and a leveraged fund.
Cointelegraph