A widely followed crypto trader is analyzing the up-and-down price activity of Bitcoin (BTC), Solana (SOL) and altcoins in general. Pseudonymous trader Rekt Capital tells his 390,400 followers on the social media platform X that BTC is about to face a moment of truth. “Moment of truth for Bitcoin Green arrows show good retests of the Range […]
The native altcoin for a gaming-focused non-fungible token (NFT) marketplace surged more than 35% in a 24-hour period this week, defying the overall crypto market doldrums. Prom (PROM) bills itself as a “decentralized, confidential, and safe” ecosystem for exchanging and renting NFTs. The project’s native token, PROM, is up 36.3% in the past 24 hours […]
The following is a heuristic analysis of GBTC outflows and is not intended to be strictly mathematical, but instead to serve as a tool to help people understand the current state of GBTC selling from a high level, and to estimate the scale of future outflows that may occur. Number Go Down January 25, 2024 […]
Meme tokens, or meme coins, are cryptocurrencies designed after popular memes on social media platforms. Built on their meme’s popularity, Bonk (BONK) and Pepe (PEPE) are two meme tokens that have gained impressive investment at launch. An undisputed fact in the crypto market is that tokens are easily acquired at presale stages. This is because, […]
Ripple CTO David Schwartz exposes crypto scam, unveiling increasing sophistication of fraudulent tactics in cryptocurrency world
OKX has discontinued its crypto mining pool and related services. Starting January 26, 2024, registration of new users for these services will no longer be available. According to a statement by the crypto exchange, existing users will retain access to the services until February 25, 2024, allowing them time to adjust their mining operations accordingly. […]
TL;DR Ethereum Moves for Celsius: Uncertainty surrounds bankrupt cryptocurrency lending platform with notable Ethereum transfers. Bulk Transfer: On January 26, the company moved 443,961 ETH, valued at $984 million, to Coinbase Prime, Paxos, and FalconX wallets, succeeding other significant stocks. Cryptocurrency Distribution: The creditor community anticipates the distribution of liquid cryptocurrencies from mid-February, aligning with […]
TL;DR The report on inflation in the United States shook the crypto market. The FED analyzes interest rates. Bitcoin managed to recover and rose by 4%. It is trading at $41,280. The major cryptocurrencies increased between 2% and 8%. The financial market reacted strongly after the announcement of inflation data in the United States. In […]
Peter Schiff, a well-known critic of Bitcoin, recently engaged in a thought-provoking discussion about Bitcoin’s value relative to gold. Despite his longstanding skepticism, Schiff has presented a scenario where Bitcoin could reach roughly $10 million by 2031. However, the Bitcoin critic responded that this could happen under particular economic conditions. Schiff’s Extreme Hypothesis On Bitcoin’s […]
Coinbase’s (COIN) stock is rising after multiple reports of being upgraded to “outperform” by a prominent investment brokerage and bank. According to a new report by Yahoo Finance, financial services giant Oppenheimer expects the top US-based crypto exchange platform’s stock to outperform expectations and reach a price tag of $160. In an accompanying research note, […]
… cryptocurrency scheme. The sentencing took place on Thursday, and Scott was found guilty of conspiracy to commit money laundering and conspiracy …
Bitcoin’s price has been making lower highs and lows recently, following a decisive rejection from the significant $48K level. Investors are now wondering whether the uptrend is over or a new all-time high is still on the cards. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been formed and […]
Economist Peter Schiff has speculation on Bitcoin’s potential to reach $10 million
A Dogecoin (DOGE) developer is powering an old school first-person shooter on the memecoin’s network using “doginals” – the dog-themed asset’s version of Bitcoin (BTC) ordinals. In a new thread, developer Mini Doge says he’s deployed Doom, a ’90s game that pits players against demons on Mars, using doginals. Doginals permanently inscribe information on small […]
To make the very best decisions, investors need to know all of the market and stay aware of everything that is happening. This allows the investor to buy, hold, swap or sell cryptos at the exact moment that allows for the best returns. Knowing everything happening in every corner of the market isn’t very practical, […]
In a post shared on X on January 26, crypto analyst BitQuant forecasts that Bitcoin (BTC) will recover from the current downtrend and surge past its all-time high of $69,000 to over $250,000 before the upcoming Bitcoin halving in April. Bitcoin To $250,000 Before Halving? From the chart shared, BitQuant notes that Bitcoin is still trending inside […]
TL;DR Pyth Network and Ondo Finance collaborate to provide accurate price feeds across multiple blockchains, transforming asset valuation in DeFi. The partnership addresses the ongoing challenge of DeFi by providing timely and accurate asset valuation information, improving accessibility and accuracy for users. Pyth Network, recognized for high-quality decentralized financial data, uses its expertise in high-fidelity […]
TL;DR All-Time Record Trading Volume: January marked a milestone with an unprecedented volume of $17.9 billion in Ether options, evidencing strong interest in the market. Notable Bullish Sentiment: The put-call ratio of 0.31 before expiration and the preference for call options suggest a clear bullish sentiment among Ether traders. Short-Term Optimism: The concentration in call […]
Shiba Inu and Dogecoin created an excitement heightened by the meme coins' performance in 2021. Remember the thrill of watching your investment …
A significant shift is occurring in the Bitcoin mining landscape as the fourth halving event approaches, which is set to reduce the supply subsidy of BTC from 6.25 BTC for every block to 3.125 BTC per one. With approximately just 82 days left, Bitcoin miners appear to be selling their reserves, according to the latest […]
Is price of Cardano (ADA) ready for bounce back?
Ever noticed how Bitcoin prices swing wildly after certain news hits the headlines? The volatile digital currency can see its value change rapidly with market buzz, often triggered by media reports and global events. This article dives into the powerful effect that news and happenings have on Bitcoin’s price, laying out clear insights for curious […]
On January 25, the Bank of England (BoE) and HM Treasury published a response to the Consultation Paper regarding a ‘digital pound’ issued in February of 2023. The consultation paper sought the public’s feedback on introducing a UK central bank digital currency (CDBC). Is The UK Ready To Introduce Their CBDC? The BoE and HM […]
Option2Trade (O2T) is a platform that offers traders versatile features, social trading capabilities, and advanced AI algorithms to navigate the anticipated 2024 bull run. With Binance Coin (BNB) potentially reaching $480 by the end of 2024, leveraging these platforms and understanding market dynamics can help traders succeed in the ever-changing cryptocurrency market. Option2Trade (O2T): A […]
The foundational concept of cryptocurrencies is one of decentralization of finance to prevent institutional malpractices that result in crises …
Bitcoin’s value dipped below $39,000 this week, erasing almost all gains made in the last two months, which were fueled by expectations of approval for a spot BTC ETF in the United States. But the introduction of the much-anticipated funds ended up being a classic “sell-the-news” event. The term is a well-established concept in capital […]
A group of US senators from both sides of the aisle say the nation’s financial woes are putting the American Dream out of reach for younger generations. Senators Mitt Romney (R-Utah.) and Joe Manchin (D-W.Va.), and Representatives Bill Huizenga (R-Mich.) and Scott Peters (D-Calif.) penned an op-ed on The Hill saying the US national debt […]
As Grayscale leads exodus of Bitcoin spot ETFs, Fidelity and BlackRock shine with net inflows
Ethereum price is attempting a recovery wave above the $2,200 zone. ETH could start a decent increase if it settles above the $2,240 resistance. Ethereum started an upside correction from the $2,165 zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance […]
The lawyer convicted of laundering $400 million from the OneCoin cryptocurrency fraud was sentenced to 10 years in prison.
Chainlink appeared weak across the major timeframe but the price is still within a tight range after two months’ trading. The price will remain trapped in the range until a breakout occurs. Down 10% in a month. Despite the ups and downs in the past two months, Link is trading well above $13 after a […]
BitMEX co-founder Arthur Hayes says he thinks Bitcoin (BTC) will continue to drop in price, and that he’s prepared to load up on specific altcoins if it does. In a new analysis, Hayes notes that a 30% correction is due for the crypto king from its 2024 high of around $48,000, which it reached after […]