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Reasons for Bitcoin’s Market Price Fall Below $30,000 Explained by CryptoQuant Analysts
Analysts at the Korean company CryptoQuant named the reasons for the fall in the market price of bitcoin below the psychologically important level of $30,000, based on the ratio of two futures market indicators: open interest rates and funding rates. The "Open Interest" i ...
Katherine Wood Believes Bitcoin and Ethereum Are Reliable Investments in Financial Crisis
According to Katherine Wood, the founder of Ark Investment Management, Bitcoin and Ethereum are poised to be reliable investments during the current financial crisis. In fact, Wood asserts that Bitcoin's resilience during the latest US banking crisis was one of the most striking metrics that her ...
Crypto Analysts Predict Bullish Rally for Bitcoin
The analyst is anticipating a bullish rally for Bitcoin and is seriously considering the possibility of it surging strongly towards an all-time high of $69,000. DonAlt, a crypto expert, shared his predictions with his nearly half a million social media followers and pointed out that in order to a ...
CEO of SkyBridge Capital remains bullish on Bitcoin, critical of SEC and Elizabeth Warren
Anthony Scaramucci, the CEO of SkyBridge Capital, has expressed his confidence in the growth prospects of Bitcoin, but he is not ready to call himself a Bitcoin maximalist. He explained that he is not a religious figure that blindly advocates for Bitcoin, but he still maintains his enthusiasm for ...
Crypto Analyst Advises Selling Bitcoin as Market Overbought
In a recent video on the DataDash channel, a crypto analyst cautioned investors to sell their bitcoin as the cryptocurrency market seems to be overbought. The analyst, Nicholas Merten, argued that BTC has experienced an increase of nearly 100% since November 2022 and is likely to face a resistanc ...
James Zhong Sentenced to Prison for Stealing over 51,000 BTC from Silk Road
James Zhong was sentenced to a year and a day in prison by the Southern District of New York court due to his involvement in criminal activities related to the theft of over 51,000 BTC from the infamous Silk Road marketplace. In 2012, Zhong was able to hack the Silk Road's withdrawal processing s ...
Cryptocurrency Market Gains Momentum as Investors Regain Risk Appetite
Investors have regained their appetite for risk. This can explain the growth of the cryptocurrency market during the week. The rise in the price of bitcoin catalyzes the demand for altcoins. Even Shapella is not a hindrance. ...
Canadian lottery winner targeted by cryptocurrency scammers on Facebook
Scott Gurney, a 58-year-old Canadian man who won $55 million in a lottery, has become a victim of cryptocurrency scammers who are impersonating him on Facebook. These scammers are creating fake accounts with his name and photo, and then sending friend requests to unsuspecting users. On these f ...
London Stock Exchange partners with Global Futures and Options to launch UK’s first regulated bitcoin futures and options trading
The London Stock Exchange has joined forces with Global Futures and Options to introduce the UK's premier controlled trading platform for bitcoin futures and options. This groundbreaking collaboration between the LSE and the GFO-X trading platform has been announced via a joint statement, confirm ...
Investor and Crypto Fund Manager Predicts Bitcoin to Reach $300,000 or Even $500,000
During a recent interview with cryptocurrency analyst Scott Melker, Dan Tapiero, an investor and cryptocurrency fund manager, expressed his confidence in the growth of Bitcoin. He predicts that the first cryptocurrency could reach $300,000, and possibly even $500,000, in the near future. To sh ...
