30 records · page 2 of 3
Bitcoin’s price has remained above the $112,000 key support over the past 24 hours, even after news broke that Israel had targeted Hamas leaders hiding in Qatar. This price action signals traders’ growing confidence that the US Federal Reserve would likely take a dovish approach in its upcoming meeting, a move that could propel BTC
Andrew Richard3 min read
Investors holding significant amounts of WLFI, a token linked to the Trump family, have suffered huge losses over the past three days, according to data from OnChain Lens. The losses come as WLFI retraces from its all-time high of $0.33 set on September 1st. It’s now trading at $0.21, down over 40% since its launch.
Andrew Richard2 min read
Powell’s dovish remarks sparked $388M in Ethereum liquidations. A $642M Bitcoin-to-Ethereum whale trade suggests shifting institutional demand. A seven-year-old Bitcoin wallet has surfaced, bringing volatility to the crypto market after a significant asset transfer. The wallet sold 100,784 BTC, valued at $642 million, and redirected the funds into Ethereum (ETH). Whale’s $850 Million Bet Signals
Bradley Nelson3 min read
While most cryptocurrencies, including Bitcoin, have dropped below key support levels over the past few days, Ethereum (ETH) and Solana (SOL) have shown signs of strength despite the uncertainty caused by macroeconomic factors, like last week’s negative Producer Price Index report, which dimmed hopes for an interest rate cut in September. The drop in crypto
Andrew Richard3 min read
Bitcoin surpassed the all-time high of $123,206 and rallied to $124,414 on Thursday morning. The surge comes amid growing speculations that the US Federal Reserve could announce its first rate cut of the year next month, following a positive Consumer Price Index (CPI) report earlier this week that showed declining inflation in the United States.
Andrew Richard3 min read
Bitcoin bears have continued to defend the $120,000 resistance, but the bulls haven’t allowed them to pull the coin below key support levels. This suggests that the bulls intend to push BTC above that key barrier to start the second leg of the uptrend in the coming days. According to Tom Lee, the head of
Andrew Richard3 min read
Ethereum jumps above $3,300 as record ETF inflows, corporate buys, and political support drive bullish momentum. Spot Ethereum (ETH) ETFs in the United States registered huge amounts of fund inflow in a day totaling $726.6 million. This was the biggest intake in a single day since the inception of the funds. The influx happened on
Bradley Nelson3 min read
Ethereum provides the base layer for international finance through digital treasuries, while sovereign nations use the blockchain for multiple purposes. The pattern of blockchain use is shifting from experiments in retail to broader adoption by large firms, and Ethereum is becoming the basis for developing a new generation of compliance-friendly financial systems that can be
Bradley Nelson3 min read
Bitcoin liquidation maps provide information on important prices where liquidation might occur, which is valuable for traders. Anyone in crypto trading should learn how to read a Bitcoin liquidation map. Thanks to these maps, you can predict price changes, spot risks beforehand, and avoid significant losses in cryptocurrency. When someone invests with borrowed money in
Bradley Nelson3 min read
Crypto regulation advances as GENIUS Act gets fresh support and Wyoming nears stablecoin launch. Industry study projects 1,500% growth potential for stablecoins by 2030. Lawmakers across all parties are making efforts to restore the GENIUS Act, a stablecoin bill supported by the leading crypto market players. Last week, the legislators paused discussions on the bill
Bradley Nelson3 min read
Like February, March was a tough month for crypto markets as Donald Trump announced trade tariffs, which caused massive price volatility. Meanwhile, hackers continued to target DeFi users, making away with millions of dollars. This article takes a look at key crypto developments in March. Stick around! US Government Starts a Trade War After reversing
Andrew Richard2 min read
Coinbase exchange’s Q4 report showed earnings 23% higher than predicted. Its CEO said the company is making a 10-year growth plan. Coinbase’s (COIN) Q4 2024 earnings announcement greatly exceeded investor expectations. In Q4, the cryptocurrency company reported revenue of $2.3 billion, 23% more than anticipated. Coinbase’s trade volume also reached $439 billion, an 185% increase
Bradley Nelson3 min read
