Bitcoin’s rally to $40,000 alleviated some of the bearish sentiment in the market, but data shows derivatives traders still walking on eggshells.
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Ethereum has strong fundamentals, so why are pro traders bearish on ETH?
Ethereum price has outperformed Bitcoin by 32% since May but derivatives data shows pro traders are feeling less bullish about the top altcoin.
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2 Bitcoin price indicators suggest BTC has not bottomed yet
Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains
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When all-time high? Bitcoin traders lose confidence as BTC price slumps
Bitcoin adoption continues to increase but derivatives data shows retail and professional traders are reluctant to build new bullish positions.
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Bullish sentiment begins to fade after Ethereum all-time high at $4,200
Ethereum price soared to $4,200 but derivatives data reflects a decline in the bullish sentiment of Ether futures and options traders.
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Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding
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