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CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms

[Sep 18, 2024 4:28 PM] Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious…

Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC?

[Sep 12, 2024 8:00 AM] The Bitcoin derivatives market has reached a notable milestone, as the estimated leverage ratio for the asset has surged to its highest level of the year, latest data from CryptoQuant shows. This metric, which tracks the ratio of open interest to…

SUI Rises 8% Amid Market Retrace, Will The Joy Be Short-Lived?

[Sep 7, 2024 4:00 AM] SUI showed a remarkable performance on Friday amid the market retrace. Following Bitcoin’s drop to the $55,000 mark, the cryptocurrency was among the few tokens showing green numbers with an 8% surge. The token’s performance, alongside the…