Dogecoin Open Interest Averages $2 Billion In June As Price Struggles Below $0.2

Dogecoin’s open interest is in focus, with this crucial metric highlighting the amount of interest that the top meme coin is getting at the moment. This comes as DOGE continues to struggle below the psychological $0.2 level, providing a bearish outlook for the meme coin.  Dogecoin Open Interest Averages $2 Billion In June Coinglass data… Continue reading Dogecoin Open Interest Averages $2 Billion In June As Price Struggles Below $0.2

Bitcoin At $100K? $3 Billion In Shorts Are On The Line

Bitcoin is red hot again. Price reached $97,500 before dipping slightly lower to $97,000, and the markets are abuzz. Sellers anticipating Bitcoin’s upswing might be in for trouble. Figures reveal over $3 billion worth of short positions potentially being erased should Bitcoin move over the coveted $100,000 threshold. Massive Short Positions Clustered Below $100K According… Continue reading Bitcoin At $100K? $3 Billion In Shorts Are On The Line

Crypto Liquidations Cross $2.22 Billion, Here’s How Much Dogecoin Traders Lost

The entire cryptocurrency market has experienced a steep decline over the past 24 hours, with its total market cap plunging by double digits following a barrage of volatile price swings. Unsurprisingly, this sharp downturn has led to widespread liquidations among multiple assets within the past trading day. Notably, this wave of liquidations has led to… Continue reading Crypto Liquidations Cross $2.22 Billion, Here’s How Much Dogecoin Traders Lost

Bitcoin Open Interest Crashes By $4.5 Billion In One Weekend, Spells Doom For Bulls

Bitcoin open interest crashed by billions in one weekend, painting a bearish outlook for the flagship crypto and spells doom for BTC bulls. Despite this setback, crypto analysts have provided some optimism with their analysis, which hints at a bullish reversal soon enough.  Bitcoin’s Open Interest Crashes By $4.5 Billion Over The Weekend Coinglass data… Continue reading Bitcoin Open Interest Crashes By $4.5 Billion In One Weekend, Spells Doom For Bulls

Dogecoin Open Interest Climbs To $4 Billion Again After Market Rebound

The crypto market is back up again after a recent decline like clockwork, and prices are starting to push up once more. Interestingly, this renewed momentum has seen Dogecoin open interest flipping from a negative threshold into a positive one. As the meme coin’s price gains traction, traders are once again pouring into derivatives markets,… Continue reading Dogecoin Open Interest Climbs To $4 Billion Again After Market Rebound

Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important

Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass, this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions.  Crypto analyst Kevin (Kev_Capital_TA) noted a significant range… Continue reading Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important