According to data from CoinGlass, short traders experienced significant losses in a single day, the largest since April, as over $178 million worth of bets against crypto tokens were liquidated in the...
Category: Bitcoin
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Exploring Avorak AI: The New Revolution in Bitcoin Trading
As Bitcoin maintains its prominence worldwide, it still attracts seasoned traders and newcomers looking to capitalize on its potential. However, navigating the complex Bitcoin arena requires a deep un...
XRP Was Marked For Death, Says Bitcoin Maxi; Ripple CTO Replies
XRP Lawsuit News: The long running intense legal battle between Ripple Labs and U.S. Securities and Exchange Commission (SEC) is moving towards the much anticipated Summary Judgment. However, as the X...
Bitcoin Whales Show Most Active Hour In 3 Months As BTC Breaks $30,000
On-chain data shows that Bitcoin whales have just had their most active hour in around three months as the asset has broken past $30,000. Bitcoin Whale Transaction Count Has Observed A Spike Recently ...
$100 Million in Bitcoin (BTC) Positions Liquidated in Most Painful Session for Bears in Months
Vladislav Sopov Short positions against Bitcoin (BTC) price upsurge are responsible for 80% of liquidations in crypto registered in last 24 hours Contents $227 million in shorts and longs liquidated a...
Bitcoin Accumulation Race Heats Up as BlackRock Leads ETF Filing
Anthony Pompliano of Pomp Investments declares the Bitcoin accumulation race initiated by BlackRock’s BTC spot ETF application. Other firms like WisdomTree, Fidelity, and Valkyrie also applied for Bit...
Economic Stimulus Package From China Could Inflate Cryptos, BTC, ETH, TCRV Set to Surge
In recent news, we found out that the FED plans to raise interest rates soon, which caused worry all over. However, the worry immediately subsided as China announced its stimulus package that has the ...
Bitcoin trades at $500 discount on Binance.US amid liquidity crisis
Bitcoin is trading at a “heavy discount” on Binance.US, presenting a significant arbitrage opportunity for traders, according to Kaiko data. Source: Kaiko Data from Cryptocompare corroborates the abov...
Spot Bitcoin ETF Buzz: Valkyrie And Bitwise Make Headlines As Latest Applicants
Valkyrie intends to list its Bitcoin ETF fund on the Nasdaq with the ticker BRRR, with Bitwise also jumping on board. Financial giants Valkyrie and Bitwise have joined the wave of applicants seeking a...
Bitcoin, Ethereum Retraces After The BOE’s 50 Bps Rate Hike, US Fed Powell Testimony
Bitcoin and Ethereum prices witness retracements after the Bank of England hiked interest rates by 50 bps to 5% for the 13th straight time and reveals more hikes will come to bring inflation down to t...
‘Ripple (XRP) Is A Must-Hold For The Next Bull Run’ Says Bitcoin Maxi, Here’s Why
In the often-polarizing universe of crypto, it isn’t often that an established Bitcoin maximalist or advocate publicly places a bet on a different coin. However, in a sudden turn of events, Crypto Rov...
Bitcoin Analyst Predicts Price Could Surge to $36,000 – $40,000
A crypto analyst predicted in a tweet that BTC will target $36,000 or even $40,000 soon. In a separate tweet, a crypto CEO revealed that he believes there will be much fewer dips in BTC’s price due to...
CME sees Bitcoin open interest grow by over 5k
Quick Take Bitcoin’s Open Interest Reaches a Four-Month High Open interest in Bitcoin has escalated to a four-month peak as approximately 418,000 Bitcoin are held in open interest contracts, marking a...
Bitcoin Will be the Best Trade of the Decade, Gemini Co-Founder Says
Cameron Winklevoss – Co-Founder and President of crypto exchange Gemini – thinks the “great accumulation of bitcoin has begun.” He believes the asset will go on a massive uptrend once a BTC Spot ETF ...
Here’s How Bitcoin Inscriptions Have Changed Miner Economics
Here’s how the Bitcoin inscriptions have affected miner economics (particularly in terms of the transfer fees) since they emerged on the scene. Bitcoin Miners Have Made 1,761 BTC In Transaction Fees F...
Spain’s $57 billion banking giant Santander educates investors on Bitcoin
Although Santander Bank was a bit skeptical about the cryptocurrency sector in 2022, leading it to limit Bitcoin (BTC) payments, the Spanish banking giant seems to have drastically changed its tune, c...
Bitcoin Continues Its Upward Trend And Tests The High Of $30,000
Jun 22, 2023 at 07:52 // Price Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) price rebounded to its previous high of $30,968 on April 14. Bitcoin price long-term forecast: bearish On J...
Bitcoin traders eye $28K retracement as BTC price retains 20% gains
Bitcoin (BTC) lingered near $30,000 on June 22 as traders sought opportunities to “buy the dip.” BTC/USD 1-hour chart. Source: TradingView Bitcoin dip-buyers “ready” for $28,000 Data from ...
Balaji Srinivasan’s $1 Million Bitcoin Bet: Was There A Method To The Madness?
This is an opinion editorial by Ivan Serrano, a growth marketer and business consultant. Image by Kanchanara for Unsplash.com In the cryptocurrency world, bold bets and outrageous predictions are not ...
Bitcoin Price Touched $138K on Binance US: Here’s Why
Bitcoin’s price is trading at around the $30K mark on major exchanges, but it skyrocketed to $138K yesterday on Binance US. Volatility and market turbulence are things most traders are used to in the ...
Bloomberg Analyst Mike McGlone Issues Bitcoin Alert, Says BTC To Encounter ‘Major Pressure Factor’ – Here’s Why
Mike McGlone, Bloomberg Intelligence’s senior macro strategist, isn’t convinced Bitcoin (BTC) is ready for a bull market. McGlone says in a new interview with David Lin that Bitcoin’s price jump in th...
Crypto Market Sees Liquidations Over $260 Million Amid Bitcoin Leap Above $30,000
A few hours after Bitcoin scaled the $30,000 mark, the global crypto market has been rocked by substantial liquidations. The past 24 hours alone have seen a drastic exodus of more than $260 million fr...
QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade Using Bitcoin (BTC) as Collateral
The trading parties collected the collateral at the start of the transaction and locked the same in an account at an independent custodian, which was controlled by all three parties to mitigate the co...
Bitcoin Breaks Records: Surges 20% To $30K with Institutional Support
Key Points: Bitcoin’s surge above $30,000 is driven by a flurry of traditional finance players foraying into the crypto space. BlackRock, Invesco, and WisdomTree have filed to launch spot Bitcoin ETFs...
BTC Price Breaks $30,000, Crypto Daily TV 22/6/2023
In Todays Headline TV CryptoDaily News: MakerDAO boosts U.S. Treasury holding by $700 million Stablecoin issuer and decentralized finance protocol MakerDAO bought another $700 million U.S. Treasurys, ...
Bitcoin (BTC), Ether (ETH) Short Traders Lose Over $100M as Bullish Sentiment Returns
“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” shared Alex Adelman, CEO of bitcoin rewards app Lolli, in an email....
Bitcoin ETF Applications Spark “The Great Accumulation Race” as Price Surges
The prospect of an approved Bitcoin spot exchange-traded fund (ETF) has ignited renewed optimism and triggered what industry experts are calling “The Great Accumulation Race” for Bitcoin. Major player...
Spanish $57 billion Santander Bank educates investors on Bitcoin
Although Santander Bank was a bit skeptical about the cryptocurrency sector in 2022, leading it to limit Bitcoin (BTC) payments, the Spanish banking giant seems to have drastically changed its tune, c...
These 5 altcoins outperformed Bitcoin over the last 30 days
As Bitcoin surges amid a flurry of spot Bitcoin ETF applications from major institutional players, several altcoins have outperformed the leading cryptocurrency throughout June. Stacks (STX) experienc...
Bitcoin pause then breakout of $30,000?
Bitcoin’s huge surge over the last two days has come to a halt at resistance. Is this just the calm before the real storm? Bitcoin has work still to be done The tsunami called Bitcoin is building mome...
To HODL or not to? Bitcoin investors need to rethink their strategy as…
BTC’s illiquid supply has continuously increased in Q2 2023, revealing an antithetical relationship with price. BTC’s latest pump to 30k caused a dramatic shift in investors’ sentiment. Bitcoin’s [BTC...
When BlackRock Bitcoin ETF? Detailed Timeline And Implications
BlackRock’s filing for a Bitcoin spot ETF (iShares Bitcoin Trust) has breathed new life into the market and sparked a strong rally. The hope is that BlackRock will trigger a “Great Accumulation Race” ...