Category: FTX Token

Bitcoin funds saw largest single week of outflows since June 2021

May 4, 2022

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“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote. 2432 Total views 42 Total shares Institutional investors shed $133 million worth of Bitcoin (BTC) investment products last week, marking the largest week of outflows since June last […]

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Top 5 cryptocurrencies to watch this week: BTC, NEAR, FTT, ETC, XMR

April 10, 2022

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Bitcoin (BTC) dropped from a high of $47,200 on April 5 to a low of $42,107 on April 8, indicating possible selling by short-term traders who may have preferred to lock in their profits. However, the price action is still stuck in a tight range during the weekend, indicating that supply and demand are in […]

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Top 5 cryptocurrencies to watch this week: BTC, ADA, AXS, LINK, FTT

March 27, 2022

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Bitcoin (BTC) is attempting to notch its second successive weekly gains and end at the highest weekly closing price year-to-date. According to on-chain data from Glassnode, the recovery in Bitcoin’s price was driven by demand in the spot markets. This is likely to cheer the bulls because history suggests that spot market demand leads to […]

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Top 5 cryptocurrencies to watch this week: BTC, XRP, CRO, FTT, THETA

February 13, 2022

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Bitcoin (BTC) has given back some of its recent gains, but on-chain data resource Ecoinometrics said that whales are accumulating because they believe the price is attractive from a long-term perspective. On the downside, analyst Willy Woo believes that $33,000 is a strong bottom for Bitcoin. Popular Twitter trader Credible Crypto citing data from PlanC said […]

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Top 5 cryptocurrencies to watch this week: BTC, LTC, FIL, FTT, MIOTA

September 5, 2021

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Bitcoin (BTC) is struggling to sustain above $50,500 but that has not stopped the altcoins from following in Ether’s (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20% while Bitcoin’s dominance has shrunk to 41.1%. However, Bitcoin’s hesitation in the past few days has not […]

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Top 5 cryptocurrencies to watch this week: BTC, LTC, ICP, THETA, FTT

August 9, 2021

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Bitcoin’s (BTC) rally above $45,000 suggests that the short-term sentiment has turned positive and this has increased buying interest across the board and pushed the total crypto market capitalization above $1.8 trillion. Driven by the tailwind of the London hard fork, Ether (ETH) broke above the $3,000 mark on Aug. 7. While the rally in […]

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Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, CAKE, FTT

July 11, 2021

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Bitcoin (BTC) price is still range-bound and traders are searching for signs that may provide insight about the next directional move. Philip Swift, the creator of analytics resource LookIntoBitcoin, pointed out on July 9 that the Puell Multiple rebounded “out of the green zone of this week” only for the fifth time in history. Swift […]

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Exchange tokens BNB, HT, FTT and OKB are on fire in February — Here’s why

February 19, 2021

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Bitcoin’s (BTC) current bull run continues to attract institutional investors who are finally realizing its long-term potential. The latest to take the Bitcoin plunge is BlackRock Financial Management, which has “started to dabble a bit” in crypto investments, according to the investment giant’s chief investment officer Rick Rieder. In another positive, investment advisory The Motley […]

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