Prepare for a 50% Drop, Warns Crypto Analyst

Prepare for a 50% Drop, Warns Crypto Analyst

Crypto Analyst Says Prepare For 50% Drop Trellor (TRB) has experienced a significant rally in the crypto market, surging from $43 to over $115 in less than two weeks. This has sparked increased interest in the cryptocurrency. However, a crypto analyst predicts that the price of TRB will crash soon. The analyst points to a … Read more

Bitcoin and Ether Options Trading Reaches $20B in Activity

Bitcoin and Ether Options Trading Reaches B in Activity

Bitcoin and Ether Options Activity Hits $20B The notional open interest in bitcoin and ether options contracts on Deribit, a leading exchange, has reached $20.64 billion, a record high since November 2021. This surge in open interest indicates a growing interest in crypto options among investors. The number of outstanding contracts has doubled compared to … Read more

Sam Bankman-Fried prepares to testify as prosecutors conclude their case

Sam Bankman-Fried prepares to testify as prosecutors conclude their case

Prosecutors rest their case as Sam Bankman-Fried prepares to testify The United States Justice Department has rested its case against Sam “SBF” Bankman-Fried after more than three weeks of testimonies from expert witnesses. The last witness before the prosecution rested was FBI agent Mark Troiano, who testified on SBF’s involvement in over 300 groups on … Read more

Gains Network Witnesses Higher Dollar/Yen Trading Volume than Bitcoin on DeFi Platform

Gains Network Witnesses Higher Dollar/Yen Trading Volume than Bitcoin on DeFi Platform

Gains Network is one of the latest platforms that has entered the decentralized finance (DeFi) space, offering users the opportunity to trade a wide range of financial derivatives. Initially launched on the Polygon network and later expanding to Arbitrum, Gains Network leverages the power of smart contracts to match buy and sell orders. The platform’s … Read more

BTC derivatives data suggests new inflow as Bitcoin price pursues $35K

BTC derivatives data suggests new inflow as Bitcoin price pursues K

Bitcoin’s recent price rally has sparked speculation about the beginning of a new bull market. The surge in price, which saw a 16.1% increase between October 22 and October 24, resulted in the liquidation of $230 million worth of bearish futures contracts. Interestingly, the open interest in Bitcoin futures actually increased during this period, indicating … Read more

95,000 Crypto Traders Sent Into a Frenzy as Bitcoin Surges Past $35,000

95,000 Crypto Traders Sent Into a Frenzy as Bitcoin Surges Past ,000

Bitcoin Break Above $35,000 Sends 95,000 Crypto Traders To The Slaughter The listing of BlackRock’s Spot Bitcoin ETF on the DTCC caused the BTC price to surge above $35,000, leading to over $400 million in liquidations in one day. Almost 95,000 traders were liquidated, with short traders being the most affected. The largest liquidation order … Read more

Is SOL Rally to $55 Already Predestined? Solana Price Sees a Breakout

Is SOL Rally to  Already Predestined? Solana Price Sees a Breakout

Solana Price Breakout: SOL Rally To $55 Already Programmed? Solana (SOL) has seen a significant increase in value, prompting expectations of a potential downside. However, one crypto analyst believes that a breakout for the altcoin is imminent. Babenski predicts that SOL will reach $55, while another analyst, Alan Santana, predicts a price as high as … Read more

Revealed: Wall Street Titans’ Demand Disclosed by EY Insider

Revealed: Wall Street Titans’ Demand Disclosed by EY Insider

In a recent interview with CNBC, Paul Brody, the Global Blockchain Leader at Ernst & Young (EY), highlighted the increasing demand for cryptocurrencies, with Bitcoin at the forefront. Brody specifically pointed out that family offices, which manage the wealth of affluent families, are increasingly diversifying their portfolios with cryptocurrencies like Bitcoin. This is not surprising … Read more