Bitcoin traders increase leverage longs even as crypto critics say BTC is a ‘pure Ponzi’
In the past 48 hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In the past 48 hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Price Crashes Over 5% to $75,000 as Tech Rout Wipes Out Leveraged Longs
Bitcoin Magazine Bitcoin Price Crashes Over 5% to $75,000 as Tech Rout Wipes Out Leveraged Longs Bitcoin price fell about 5% on Th...
$631M in crypto longs liquidated in 24 hours as leverage bites again
High leverage in crypto markets amplifies volatility, risking liquidation cascades and potential regulatory scrutiny amid persiste...
Bitcoin, Ether drop as $370M in leveraged positions liquidated in an hour
The liquidation highlights crypto market volatility, emphasizing the risks of high leverage and potential for rapid price fluctuat...
Kalshi Users Pour $300 Million Into Stock Perps Within Hours of U.S. Debut
Kalshi, the CFTC-regulated prediction market, rolled out perpetual futures tied to individual U.S. stocks on Nov. 5 and said it is...
Bitcoin Price Holds Near $75,000 After Hot October Jobs Report
Bitcoin Magazine Bitcoin Price Holds Near $75,000 After Hot October Jobs Report U.S. employers added 165,000 jobs in October, near...
Bitcoin falls to seven-week low amid $1B in crypto liquidations
The recent crypto market downturn highlights the vulnerability of leveraged positions and potential cross-market influences on dig...