Crypto News
Get Ready for a Wild Ride: Bitcoin Derivatives Point to a Possible Short Squeeze in the Face of Bearish Market Sentiment – Here’s What You Need to Know!
Is Bitcoin on the Verge of a Short Squeeze? What the Experts Are Saying A recent analysis from K33 Research, as reported by Bloomberg, highlights a growing risk of a short squeeze in the Bitcoin market, which could lead to sudden price surges in the world’s largest cryptocurrency. This warning comes as the Bitcoin derivatives…
Unleashing the Potential: Why Ethereum Investors are Buzzing About This New ETH ICO in the Crypto Market
The Future of Ethereum: Mpeppe (MPEPE) ICO The cryptocurrency market is no stranger to groundbreaking developments, but the buzz surrounding the latest Ethereum (ETH)-based ICO, Mpeppe (MPEPE), suggests that something truly special is on the horizon. Ethereum (ETH) investors, known for their keen eye on innovative projects, are increasingly optimistic that Mpeppe (MPEPE) could be…
Solana ETF Faces Setback as SEC Delays Approval: What This Means for Crypto Investors
The Delayed Approval of Solana ETF Application VanEck and 21Shares Face Hurdles in Approval Process VanEck and 21Shares, the firms behind the proposed Solana ETF, had initially filed their applications with hopes of gaining approval in a market that has recently seen the green light for Bitcoin and Ethereum ETFs. However, Bloomberg analyst Eric Balchunas…
Expert Warns: Bitcoin’s Underperformance May Signal an Insane Altcoin Rally Ahead
Market Expert Predicts Altcoin Rally Introduction According to market expert Jamie Coutts, after an extended period of consolidation and lackluster performance by the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), the market may be poised for a resurgence. Coutts believes the ingredients are in place for a broad altcoin rally, following in the footsteps…
Galaxy Digital Invests $82 Million in Bitcoin Amidst Market Dip: A Bold Move in the Crypto World
Galaxy Digital Increases Bitcoin Holdings Recent Acquisitions Galaxy Digital, a prominent cryptocurrency investment firm, has once again made headlines by increasing its Bitcoin holdings. The company purchased 380 BTC today and an additional 600 BTC on August 20th. This strategic move demonstrates Galaxy Digital’s confidence in the future of Bitcoin and the overall cryptocurrency market….
Oops, They Did It Again: $55 Million Worth of DAI Tokens Stolen in a High-Tech Phishing Scam!
Feeling Blue in the Crypto World When Phishing Becomes a Big Fish Amid the ongoing crypto market volatility and midterm uncertainty, a Web3 user has fallen victim to a phishing attack, resulting in more than $55 million loss. According to an on-chain data analysis conducted by Certik Alert, the attacker, alias Fake_Phishing187019, minted 55,473,618 Dai…
Unlocking the Potential: A Bullish Reversal for Immutable IMX Price
Immutable (IMX) Price Analysis Stagnant Movement Immutable (IMX) is largely flat in the past 24 hours despite price breaking from below $1.12 to reach the key resistance area near $1.20. However, while the native token of the Web3 gaming platform hovers below the supply zone, there’s massive activity around the gaming blockchain as multiple game…
Get Ready for a Crypto Boom: Altcoins Predicted to Skyrocket 1065 Days After Bitcoin’s Peak in October 2024
The Current State of Cryptocurrency Market Capitalization Introduction As of now, the total cryptocurrency market capitalization, which includes Bitcoin and all altcoins, has not yet surpassed its previous all-time highs when adjusted for inflation. The peak was around $73,000, surpassing the previous high of $69,000 in the last cycle. For altcoins, similar performance patterns are…