Bitcoin futures drop $1.4B, but spot buyers step in to help
Glassnode’s weekly snapshot pairs a smaller derivatives footprint with rising holder activity, while spot buying supplies a counterweight. The post Bitcoin futures drop $1.4B, but spot buyers step in to help appeared first on CryptoSlate.
Key Takeaways
- Glassnode’s weekly snapshot pairs a smaller derivatives footprint with rising holder activity, while spot buying supplies a counterweight.
- The post Bitcoin futures drop $1.4B, but spot buyers step in to help appeared first on CryptoSlate.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
FinCEN withdrew two proposals that had hung over self-custody and crypto mixers for years without ever taking effect.
Ethereum’s Glamsterdam test gets last-minute fix before major capacity jump
One of Ethereum’s main validator clients updated its software hours before a Sepolia test that will raise the amount of work each block can hold to 200 million gas.
Why Bitcoin Could Target $96.7K as On-Chain Money, Not Leverage, Leads the Rally
Glassnode data shows Bitcoin trading above its sell wall as leverage cools and new money arrives. Is $96.7K next? The post Why Bitcoin Could Target $96.7K as On-Chain Money, Not Leverage, Leads the Rally appeared first on BeInCrypto.