XRP price pumps and dumps amid mysterious $51M whale transfers — what’s next?
XRP risks declining further in the coming weeks despite its eye-grabbing intraday price moves. Go to Source Powered by WPeMatico
Month: August 2022
Bitcoin price gains 3.5% as US PCE data supports shrinking inflation
A swift leg-up for BTC price action nonetheless fails to crack the week-long trading range so far. Go to Source Powered by WPeMatico
Report Claims Russia and Iran Plan to Establish a Global Gas Cartel, Moscow to Launch Its Own Precious Metals Exchange
Following Russian president Vladimir Putin’s statements at the end of June that indicated members of the BRICS nations have formalized plans to create a new “international reserve currency,” Russia is reportedly building the foundations of a global gas cartel with Iran. Financial journalist and best-selling author Simon Watkins claims the “alliance aims to control as … Read more
Celsius bankruptcy proceedings show complexities amid declining hope of recovery
Celsius Network’s bankruptcy proceedings have highlighted that the firm has misrepresented many of its assets with deep complexities in its operations. Go to Source Powered by WPeMatico
How to tell if a cryptocurrency project is a Ponzi scheme
Crypto Ponzi schemes have increased over the past couple of years. This is how to spot them. Go to Source Powered by WPeMatico
Why September is shaping up to be a potentially ugly month for Bitcoin price
Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC, ETH Drop as Key Resistance Levels Hold
Bitcoin fell lower on Friday, as the token slipped below a key resistance level during today’s session. Following a mini rally in price this week, bitcoin bears returned to action, as volatility in the market increased. Ethereum was also lower, falling back below $1,700. Bitcoin Following a mini rally this week, bitcoin (BTC), was back … Read more
Still waiting: SEC delays VanEck’s third Bitcoin spot ETF application
The wait for a first Bitcoin spot exchange-traded fund continues as the U.S. SEC buys more time to make a decision on VanEck’s proposed BTC ETF. Go to Source Powered by WPeMatico
Bitcoin’s Sideways Trading Continues, Ethereum Drops to $1,600
After trading at the $21k range throughout the week, Bitcoin price continues its sideways price action this Friday. Managing to remain at the same range over the past seven days, BTC will likely continue to hold support until next week, when the market could decide its next move. Ethereum was also trading sideways this week … Read more
CME Bitcoin futures see record discount amid ‘very bearish sentiment’
Derivatives traders have become noticeably more conservative this month compared to last, new data shows. Go to Source Powered by WPeMatico
