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
Pro-XRP lawyer Jeremy Hogan has given the United States Securities and Exchange Commission (SEC) a slim 2.3% chance of winning its case against Ripple after it announced it will dismiss a lawsuit against two Ripple executives. Hogan believes that “for all intents and purposes”, the Ripple v. SEC case is over, as the SEC has … Read more
When Will The Bitcoin Bear Market End? US Mega Bank Has The Answer Investment bank Morgan Stanley predicts that the Bitcoin bear market could end with the upcoming Bitcoin Halving event in April 2024. This event, which occurs every four years, halves the rewards for miners and creates scarcity, potentially triggering a bull run. Morgan … Read more
In addition to his tax collector role, Joel Greenberg created a secretive company named “Government Blockchain Systems LLC” with the tax collector’s office being its only client. He hired Keith Ingersoll, a convicted real-estate scammer, to help acquire property for the office. Ingersoll was associated with a fraudulent project called Organic Fresh Coin, a $15 … Read more
Crypto Analyst Identifies 6 Overlooked Altcoins That Could Be Due For A Price Surge A Santiment analyst has identified six overlooked altcoins that could be primed for a rally. These tokens were chosen based on their network activity, including transaction volumes, network growth, and large transactions. The altcoins on the list are Bancor (BNT), Cartesi … Read more
Crypto Investor Buying Power Just Reached A 6-Month High, What This Means Investors in the cryptocurrency market are showing a growing interest in buying digital assets, as indicated by the accumulation of Tether’s stablecoin, USDT, on exchanges. The total amount of USDT held on exchanges has reached a six-month high, signaling a readiness to enter … Read more
Crypto Is On The Brink Of Explosion As 9-Year DXY Formation Returns Crypto analyst TheCryptoMann has identified a bullish formation in the United States Dollar Index (DXY), which measures the value of the dollar against major currencies. In the past, a rise in the DXY has signaled a bull rally in the crypto market. The … Read more
Crypto synthetic assets, explained Crypto synthetic assets are blockchain-based financial instruments that simulate the value and behavior of real-world assets or financial instruments. These digital assets are created using complex financial derivatives and smart contracts on decentralized finance (DeFi) platforms. They offer advantages such as increased accessibility, liquidity, and programmability. Types of crypto synthetic assets … Read more
Report Reveals Crypto Whale Center With Majority Of Transactions Crossing $1 Million A report from Chainalysis has found that the majority of cryptocurrency transactions in the United Arab Emirates (UAE) exceeding $1 million from July 2022 to June 2023 were made by institutional investors. These institutional investments accounted for over 67% of crypto transactions in … Read more
Analyst Presents 4 Charts That Prove Crypto Is Not Dead Despite recent declines and regulatory pressures, the crypto industry is still experiencing growth in adoption. A chart report by DeFi Researcher Thor Hartvigsen reveals four key trends. One chart shows an increase in daily wallets for Ethereum and Layer 2 users. Another shows a surge … Read more
