Bitcoin News Thebittimes.Com

Bitcoin and altcoins are beneficiaries of major inflows this year, while the question of a BTC supply squeeze remains. Bitcoin (BTC) institutional investment vehicles have seen over $1 billion in new inflows in less than two months. In its latest weekly report on Nov. 13, crypto asset management firm CoinShares furthered the narrative that Bitcoin and altcoins are again attracting capital. Crypto institutional product AUM up 99% year-to-date Bitcoin, Ether (ETH) and some major altcoins are enjoying price gains as excitement over the possible approval of the United States’ first spot exchange-traded fund (ETF) grows. Since November 2022, the total crypto market cap has increased by $600 billion, data from TradingView confirms. Total crypto market cap 1-week chart. Source: TradingView The past two months, however, has seen a precipitous increase in funds being deployed to crypto investment products, CoinShares reveals. “Digital asset investment products saw inflows totalling US$293m ...

The cryptocurrency market went through a massive volatility event in the past 24 hours, first to the upside and later to the downside. High volatility also means high derivatives volume and liquidity, which creates long-liquidations and short-squeeze opportunities. With that in mind, Finbold turned to CoinGlass on November 9 and gathered data about long/short ratios from the top cryptocurrencies. In particular, we found two digital assets with relevant imbalances favoring short positions. This extra liquidity might become attractive for market makers to seek short squeezes for November 10. However, an increased short imbalance is also seen as a bearish signal, reflecting a negative sentiment for the project moving further. Investors and crypto currency traders must be capable of analyzing multiple indicators in order to make profitable decisions. Bitcoin Cash (BCH) short squeeze Stocks Short squeeze alert for November 9th: 2 stocks that could surge ...