Liquidation happens when a trader has insufficient funds to keep a leveraged trade open.
The largest cryptocurrency by market value was trading close to its highest level in more than two months
The plan to add smart contracts next month could defy skeptics who have bet that the functionality wouldn't come anytime soon.
The ETH/BTC ratio is holding support above 0.05 and could face initial resistance near 0.08.
Seasoned investors, according to some, are increasingly active with data hinting at a strong uptake in altcoins, beginning Aug. 9.
Analysts said the market doesn't have much of an appetite now for bitcoin above $46,000 or for a massive selloff.
The exchange posted earnings on Tuesday after the stock market close that beat analysts' estimates.
A year-over-year gain of 5.4% may reflect an economy that’s still suffering from supply shortages while keeping up with increasing demand.
Resistance near $50,000 to $55,000 could stall the recovery given short-term overbought signals.
The crypto is now up 57% year to date.
Blockchain data firm Kaiko analyzed trading activity on centralized exchanges from different days and time zones.
Bitcoin pulled back as traders digest regulatory developments in the U.S.
From the end of June through now, FTX’s market share has grown from 9% to 16%.
As information disclosed by issuers varies, it's not easy for investors to make apple-to-apple comparisons.
Bitcoin is up about 20% over the past week, compared to a 25% rise in ether, the world’s second-largest cryptocurrency by market value.