Cryptocurrency crimes surge 4x as crypto-related SEC litigations boom in Q3 Andreja Stojanovic Cryptocurrency Oct 8, 2024 Share After a slow start in 2024, the SEC significantly ramped up its cryptocurrency-related litigation in the third quarter (Q3) of the year. Finbold Research found that, between the start of July and the end of September, the […]
Binance launches Traders League event with over $10 million in prizes Marko Marjanovic Cryptocurrency Oct 8, 2024 Share Binance, the global blockchain platform, has officially launched the Binance Traders League, a new event expected to become an industry highlight, as per the most recent updates sent to Finbold on Tuesday, October 8. The event features […]
Last week, Bitcoin (BTC) experienced considerable volatility, climbing to a two-month high of $66,500 before falling back to a low of $59,500 at the end of the week. However, the leading cryptocurrency has resumed its upward trajectory, hitting $64,500 on Monday. Higher Highs And Bullish Trends Crypto analyst Doctor Profit recently released a report commenting […]
Crypto trader with 100% win rate nets $1 million in 7 weeks Ana Zirojevic Cryptocurrency Oct 8, 2024 Share Although the cryptocurrency market can offer massive opportunities for individuals carefully timing their crypto trades, some are proving to be savvier in this than others, including one trader who has managed to profit over $1 million […]
Traders are bracing for U.S. Consumer Price Index data this week, with a positive print likely influencing Bitcoin’s next price rise, analysts say. Coupled with strong nonfarm payroll numbers, the “Uptober” narrative has helped buoy support for the world’s largest crypto at around $60,000, according to digital assets firm QCP Capital. “After a shaky start, […]
While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of […]
Institutional investors are marginally reducing the size of their short exposure to Bitcoin, which can be considered a positive change in the market. Data from CryptoQuant shows that institutional short positions on Bitcoin Futures have been declining, which could signal potential price support for the crypto asset. The data reveals that institutional traders have steadily […]
Bitcoin’s recent surge comes with the risk of sudden price drops. Increased leverage can lead to fast and big losses for buyers. Low trading activity makes the market more sensitive to price shifts. Bitcoin saw an $800 million surge in open interest, raising fears about potential market instability. This spike, which occurred during a period […]
The nine-month US Supreme Court term began this month, and it’s already impacting the crypto industry. Today, in an announcement of the lawsuits that the justices have agreed to hear during this term, the highest US court declined to hear an appeal regarding 69,370 bitcoins associated with the Silk Road. With the justice’s denial to […]
Although Bitcoin (BTC) did not have a good start to October, which was a bullish month due to tensions between Iran and Israel, it recovered over the weekend and approached $64,000 following the positive US employment data announced last week. Analysts expect the optimism in the US economy to continue, with one analyst predicting that […]