Pro traders adopt a hands-off approach as Bitcoin price explores new lows

Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried. Bitcoin’s (BTC) current 20% drop over the past four days has put the price at its lowest level in nine months and while these movements might seem extraordinary, quite a number of large listed companies and commodities faced a similar correction.

Deribit and OKX attract significant traffic from China despite a blanket ban: Report

Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk.

Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T

Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market.

Step App’s FITFI token gain 72% on OKX in 2 days, Move-to-Earn momentum grows

$FITFI token had the 2nd largest trading volume of over $103.69m on OKX on the 4th of May.  Move to Earn is the booming crypto sector now.

BOOM launches Refer-to-Earn campaign set to go live on OKX's OKC

Boom has announced the launch of its referral program designed to reward its faithful who refer others to its ecosystem with up to $30,000 worth of prizes.

McLaren Racing Signs a Multi-year Partnership with Crypto Exchange OKX

McLaren Racing, a British motor racing team, has inked a multi-year deal with crypto exchange OKX, formerly OKEx, to be the primary partner of McLaren Shadow esports Team and McLaren Formula 1 (F1) Team from this year.

OKX Announces Multi-Year Partnership With F1’s McLaren Racing

Crypto exchange OKX teamed up with McLaren Racing, becoming its Official Primary Partner.

Telegram Users Can Now Trade TON —In Telegram and OKX

The SEC stopped Telegram's ambitions to launch TON.

Bitcoin price surges, but derivatives metrics reflect pro trader’s neutral sentiment

BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet.

$43K BTC flipping support? Not anytime soon, according to derivative metrics

Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally. Bitcoin (BTC) showed strength on March 22, posting a 5% gain and testing the $43,000 resistance.

Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows

A symmetrical triangle shows support at $38,000 but pro traders have failed to add leverage long positions, according to exchanges' data. Bitcoin (BTC) has been trapped in a symmetrical triangle for 56 days and the trend change could last until early May, according to price technicals.

OKX Latest Bitcoin Exchange to Lean Into Sports Marketing With Manchester City Sponsorship

The deal means OKX will find a new presence at Manchester City's home: Ethiad stadium.

Shake Shack Bitcoin, Manchester OKX, New Crypto Investments + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Manchester footballing rivalries commence in field of Web3

Following Manchester United's partnership with blockchain firm Tezos almost one month ago, Manchester City's foray in the space having partnered with crypto exchange OKX provides new competition in vie for technological prominence.

OKX Becomes the Official Cryptocurrency Exchange Partner of Manchester City

The English Premier League champions Manchester City has partnered with the cryptocurrency exchange OKX (previously known as OKEx).

Radio Caca wants to ‘return the Metaverse to people’ by partnering with university students

Radio Caca is backed by OKX Blockdream Ventures fund and ConsenSys Ventures as a part of the Tachyon Accelerator. Radio Caca (RACA) is a decentralized autonomous organization, or DAO, that has partnered with top global universities to build a metaverse for students to study and play.

2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K

The entire crypto market is green today, and derivatives metrics suggest that BTC's bullish reversal will flip $40,000 back to support.

Two Low-Cap Metaverse Altcoin Projects Skyrocket in Defiance of Crypto Market Downturn

Two metaverse gaming altcoins are rallying in a big way even as the rest of the markets cool off.

2 key indicators cast doubt on the strength of the current crypto market recovery

BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders. Analyzing the aggregate cryptocurrency market performance over the past 7 days could give investors the impression that the total market capitalization grew by a mere 4% to $2.03 trillion, but this data is heavily impacted by the top 5 coins, which happen to include two stablecoins.Excluding Bitcoin (BTC), Ether (ETH), Binance Coin (BNB) and stablecoins reflects a 9.3% market capitalization increase to $418 billion from $382 billion on Feb 4.

2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000

Data suggests $34,000 was the bottom and BTC’s recent performance could be a sign that traders are beginning to open fresh longs.

Major Geographic Shift in Crypto Use Exposed by Trading Volumes

  An analysis of trading volumes on major crypto exchanges has revealed a geographic shift in crypto trading activity....Read More: Major Geographic Shift in Crypto Use Exposed by Trading Volumes