News with the tag "SSN"

Open interest in Bitcoin trading is a crucial metric to assess the market’s current sentiment on the digital asset, including potential price movements. In theory, an increase in Bitcoin’s open interest suggests liquidity, which can also support an ongoing price trend. According to the latest Glassn...

The co-founders of the crypto analytics platform Glassnode believe that for Bitcoin ( BTC ) to enter a strong uptrend, key metrics need to align. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,100 followers on the social media platform X that based on historic preceden...

Future trading volume for Bitcoin, Ethereum and Solana are showing diverging trends, according to Glassnode. Per Glassnode , an onchain and financial metrics platform, Bitcoin ( BTC ) futures volume is suggesting a rebound. Meanwhile, Ethereum ( ETH ) and Solana ( SOL ), two of the world’s largest a...

Since the beginning of this year, Ethereum has underperformed compared to major digital assets in the market. ETH’s underperformance has sparked concerns within the community, with traders finding it difficult to determine whether the altcoin is gearing up for a major rally or further downside press...

While Bitcoin ‘s recent upward movements were quite remarkable after struggling with bearish pressure for weeks, the flagship asset’s uptrend was short-lived, leading to a pullback to the $85,200 threshold. During the fluctuating performance, investors seem to have lost interest in BTC as there was ...

Bitcoin’s recent price crash took the entire market by surprise, leaving bullish investors reeling in losses. Particularly, this crash saw Bitcoin losing its foothold at the $90,000 price level and extended a crash across multiple cryptocurrencies. Technical analyst Rekt Capital identified this pull...

Investors’ sentiment and confidence in Ethereum , the second-largest digital asset appears to be improving in spite of recent troubling market developments that have hamper its market dynamics. Key metrics show a substantial accumulation of ETH, reflecting its position as a leading asset in the ongo...

The price of Bitcoin looked set to reclaim $100,000 on Friday, rallying on the back of the United States Securities and Exchange Commission’s (SEC) decision to drop the lawsuit against crypto exchange Coinbase. However, the premier cryptocurrency failed to capitalize on this momentum shift following...

Following a brief ascent above $99,000 on Friday, the Bitcoin market experienced a negative end to the past trading week as prices crashed below $96,000 in a sharp descent. Based on these happenings, the premier cryptocurrency remains in consolidation with little indication of its long-term price mo...

After a sudden pullback a few days ago, Bitcoin seems to have briefly regained its upside momentum, rising from about $93,300 to $96,300. Despite the slight rebound, BTC’s price is still trending within a key range that is likely to determine its next trajectory in the short term. Sideways Price Act...