Sell signal: Ethereum long-term investors offload massive ETH positions Vinicius Barbosa Cryptocurrency Oct 4, 2024 Share Some Ethereum (ETH) high-conviction investors have been signaling pessimism about the project’s future by offloading relevant long-term positions. Overall, two accounts have recently sold more than 45,000 ETH, worth approximately $110 million at current prices. In crypto, we can […]
The last 12 hours have been absolutely wild in the crypto space, as major U.S. television network HBO announced the imminent launch of a new series, “Money Electric: The Bitcoin Story.” However, the cause of the hype was not the program itself, but the claim that the real identity of Satoshi Nakamoto – the pseudonymous […]
Short squeeze alert for two highly shorted cryptocurrencies Vinicius Barbosa Cryptocurrency Oct 4, 2024 Share As October started, the cryptocurrency market faced a significant crash, increasing the bearish sentiment and attracting highly capitalized short-sellers. Some cryptocurrencies now risk suffering a short squeeze as imbalances appear in the market’s open interest, dominated by short positions. In […]
The price of Bitcoin (BTC) has fallen after failing to break through the $65,000 mark. Buyers were hoping to push Bitcoin to the psychological price of $70,000 if the $65,000 mark was breached. Bitcoin price long-term prediction: bullish On September 29, as reported by Coinidol.com, Bitcoin had a strong rejection at a high of $66,193. […]
JPMorgan predicts gold and Bitcoin to rally amid geopolitical tensions Andreja Stojanovic Cryptocurrency Oct 4, 2024 Share Bitcoin (BTC) and gold have been expected to experience massive upsides through most of 2024 due to numerous financial, technical, and political reasons. Indeed, by October 4, both assets had been performing well, with gold trading near its […]
China’s latest stimulus appears sanguine compared to the 2015 cycle, according to BCA Research. The housing market bust limits China’s ability to generate bullish “credit impulses.” The credit impulse is in a structural downtrend, since peaking at 25% in 2008. China has recently unveiled a raft of stimulus measures, the biggest since 2008, torching a […]
IMF urges El Salvador to scale back Bitcoin law Mijuško Šibalić Cryptocurrency Oct 4, 2024 Share While doubtlessly forward-thinking, El Salvador’s Bitcoin experiment has not gone over well with international financial and regulatory bodies — the International Monetary Fund (IMF) has been a key critic since the beginning. The international body made renewed calls for […]
Major crypto transaction monitoring service Whale Alert says that a mysterious Bitcoin whale, which has not been active for 10.8 years, has suddenly reappeared in the last few hours. Specifically, the previously inactive large holder has started showing activity by transferring 100 BTC from the old address “17tdW8” to the new address “bc1qqy6.” Bought 11 […]
U.S. authorities take action against Nvidia for allegedly hiding crypto revenue Mijuško Šibalić Stocks Oct 4, 2024 Share In an unexpected turn of events, the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) have taken strong measures to support the recently revived class action lawsuit against Nvidia (NASDAQ: NVDA). The legal battle […]
Bitcoin price is consolidating above the $60,000 support. BTC seems to be eyeing a fresh increase above the $61,200 and $61,500 levels. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,750 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance […]