Bookmarking Crypto Insights
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Ethereum is teetering on the edge of a potential short-squeeze showdown as leverage levels soar, with many traders betting on a price decline. The rising Estimated Leverage Ratio indicates a surge in high-stakes short positions, suggesting that many are expecting a drop in $ETH prices. However, if Ethereum can push past the critical $2.7K resistance … Read more
Bitcoin’s spot price has continued its upward march, trading as high as $69,000, just 6.8% below its all-time high (ATH). This recent surge, driven by technical and on-chain factors, has pushed Bitcoin through several key resistance levels, marking one of the first signs of sustained positive momentum since late June. The #Bitcoin spot price has … Read more
Chainlink ($LINK) has experienced nearly a month of consistent negative exchange netflows, signaling a strong trend of accumulation. This indicates that holders are withdrawing their assets from exchanges and moving them into cold storage or private wallets, reducing immediate sell pressure on the market. $LINK has seen consistent negative exchange netflows for almost a month, … Read more
The number of new SAFE token accumulators is skyrocketing after a 73% price surge, fueled by the announcement of South Korea’s largest exchange, Upbit, listing the token. This sudden spike in price has triggered significant buying activity, especially among first-time accumulators. In the last hour alone, the top five first-time buyers have collectively purchased 1.356 … Read more
A United States appeals court said a federal court was right to toss Ali Sedaghatpour’s lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss. Go to Source
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S., where … Read more
Bitcoin’s future value remains a hot topic, with Finder’s latest survey reflecting expert opinions on its trajectory. While BTC is expected to hit $77,636 by the end of 2024, long-term projections predict growth to $113,364 by 2025 and $282,238 by 2030. Despite this cautious optimism, opinions are divided, especially concerning bitcoin’s mainstream adoption for everyday … Read more
The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for bitcoin transactions. The Bitcoin Rights bill, which passed 176-26, now moves to the state Senate, amid growing interest in digital assets as states … Read more
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto, as the largest BTC holder. “By the end of 2024, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” they noted. Bitcoin … Read more
The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of firms involved in offering, trading, and advising on these assets. The agency will focus on how these assets are handled as securities, ensuring compliance with standards and assessing technological risks tied to blockchain. SEC Increases … Read more