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Stablecoin flows hint at $50K Bitcoin after Tesla pump liquidates $500M in BTC shorts Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000. 25446 Total views Market Analysis Bitcoin (BTC) has extended its rally over $46,000 on Feb. 9, a day after a U.S. Securities and Exchange Commission (SEC) filing revealed that Tesla bought $1.5 billion worth of BTC. The price of Bitcoin immediately soared from around $39,000 to $45,000 across major exchanges on Feb. 8 after the news began to spread. BTC/USD 1-hour candle chart...

3 reasons why Ethereum has been rising faster than Bitcoin price in 2021 Ether has been outperforming Bitcoin in the last few weeks as Ethereum's momentum strengthens. 62366 Total views Market Analysis The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year. What's more, it has outperformed Bitcoin (BTC) since Jan. 1, gaining roughly 81% compared to Bitcoin's 26% in their respective USD pairs year-to-date. Bitcoin, Ether YTD performance. Source: Digital Assets Data There are three main reasons why ET...

5 key metrics signal Ethereum price is ready to make a new 2020 high Ethereum price is closing in on $600 and multiple metrics suggest the top altcoin is ready to notch a new 2020 high. 37607 Total views Market Analysis Ether (ETH) price might have had a disappointing week after its price failed to hold the $600 level, but the fundamentals of the network and cryptocurrency remain solid. Traders are known for having short memories so it’s worth mentioning that Ether price is still 45% higher than it was in the previous month. To understand whether the recent correction reflects a t...

3 key metrics to watch as Bitcoin price tries to top $20,000 Afraid Bitcoin price might crash? These three key metrics help traders spot bullish and bearish sentiment in the crypto market. 48275 Total views How to crypto For the past week, Bitcoin (BTC) price has been flirting with the $20,000 mark, which has led some traders to lose their patience. In the eyes of some traders, the lack of bullish momentum is problematic, especially considering that BTC tested the $16,200 level roughly a week ago. Experienced traders know that there are key indicators that serve as telling signs of ...