Bitcoin Price Stabilizes at $25,833 Amid Market Volatility and Macroeconomic Data

Bitcoin's price has experienced a steady decline in recent weeks, with some stabilization observed recently. Currently, the price of Bitcoin is around $25,833 on eToro. The decline in Bitcoin's performance has been attributed to factors like volatility and macroeconomic data. At the start of the ...

SEC’s Delay in Approving Bitcoin ETFs Puts Pressure on BTC Price

The delay by the U.S. Securities and Exchange Commission (SEC) in approving the first Bitcoin exchange-traded fund (ETF) is putting pressure on the Bitcoin price. This uncertainty has led to increased bearish pressure in the market, with Bitcoin failing to hold above $27,200. Several major player ...

Analyst Who Predicted 2022 Bitcoin Bottom Sees Potential for New High in 2023

An analyst known as DonAlt, who correctly predicted the bottom of the Bitcoin (BTC) market in 2022, believes that BTC has the potential to experience a significant rally and reach a new yearly high in 2023. DonAlt suggests that if Bitcoin breaks through the current resistance level, it could target ...

Ethereum’s Positive Signs: Whale’s $150 Million ETH Options Investment

On September 11th, Ethereum's value dipped to the $1,530 support level, but recent data suggests positive signs for the cryptocurrency. Notably, a significant whale has actively participated in the Ethereum options market, investing $150 million in notional ETH calls. Within the last hour, over 4 ...

Bitcoin Price Surges Above $26,800 in September, Profits Taken Amid Bullish Momentum

Bitcoin experienced a price spike, rising above $26,800, signaling the resilience of bulls in a historically challenging September. However, as the price increased, profit-taking also surged, reaching its highest level in two months. On-chain data from market intelligence platform Santiment revealed ...

Blogger Invests $500,000 in XRP, Faces Losses but Remains Optimistic for Recovery

He lost a total of $105,000 on price movements but the blogger does not view his investment as a mistake He says XRP will recover and break its "ceiling" In late February 2022, TikTok user "money_talk_tok" posted a video of himself mortgaging his home ...

Understanding Bear Traps and Bull Traps in Cryptocurrency Trading

Often the change in the cryptocurrency trend occurs not immediately, but gradually. This gives rise to the so-called bull and bear traps. How to identify them in time and not to incur losses? What is a bear trap The bears in tradin ...

Key Macro Releases and Events to Watch in the Financial Markets This Week

The number of important macro releases this week is very high Let's outline the most important ones The past trading week was mostly characterized by price consolidation in the stock and cryptocurrency markets. And over the weekend, bitcoin made traders even m ...

Meme Token Transfers to Justin Sun’s Wallet Raise Concerns

PeckShieldAlert analysts noticed a large number of meme token transfers to Justin Sun's wallet after he said he plans to actively trade memcoins. Several different meme tokens have been gifted to Sun, including WEED, METH and NGMI. The situation was also taken advantag ...

Crypto Analyst Warns Against Emotional Investing in Meme Tokens

Popular cryptoanalyst warned Twitter audiences against overly emotional investing in meme tokens, which could eventually devalue. Benjamin Cowen believes there are too many illiquid and simply fraudulent meme tokens on the market: "The people who create these meme- ...

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 ...

“DBS Digital Exchange reports a significant increase in Bitcoin and Ether trading volumes”

DBS, the leading Singaporean bank, has reported a significant surge in trading volumes on its DBS Digital Exchange platform. According to the bank, the trading volume of Bitcoin has increased by 80% in the past year, while Ether has seen a 65% increase in trading vol ...