Trader Who Made $192M Shorting the Crypto Crash is Betting Against Bitcoin Again
On-chain analysts and traders have dubbed the address an “insider whale.” Some even argue that the position itself could have accelerated the crash. A trader…
Tag: Bitcoin
Bitcoin Ready for ‘Big Moves’ on 91% Chance of Fed Rate Cut: Crypto Daybook Americas
It’s a tough market to trade as bitcoin’s BTC$121,553.82 price swings sharply. Following a late Thursday drop from $123,000 to $120,000, BTC has recovered to trade around…
Bitcoin and Ether ETFs Saw Big Inflows Tuesday as Investors Bought Dip
The spot bitcoin funds drew in nearly $900 million, while the ether ETFs pulled more than $400 million. Bitcoin BTC$123,477.68 and ether ETH$4,515.86 prices dropped sharply on Tuesday, but…
AI/HPC Bitcoin Miners Rally as AMD Soars 30% on OpenAI Deal
OpenAI’s multi-billion-dollar chip agreement with AMD fuels sector-wide gains across artificial intelligence and high-performance computing stocks. The wave of massive contracts in the artificial intelligence…
Bitcoin Could Crash to $107K, XRP MACD Bearish Ahead of Fed Speak & PCE Inflation
Impending Federal Reserve speeches and the upcoming PCE report could add to market volatility. Last week, the Federal Reserve (Fed) delivered its first interest rate rate cut…
Trump Media, Crypto.com to Build $6.4B CRO Treasury Firm, CRO Jumps 25%
Trump Media will buy $105 million in CRO tokens while Crypto.com takes $50 million in DJT stock as part of a partnership that makes the…
Ether Soars Above $4K for First Time Since December
At the same time, bitcoin is seeing flattish price action, pushing the ETH/BTC ratio to nearly its highest level of the year. With interest rates…
Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI
A stalwart in showing strong economic activity, the ISM Services PMI has moved notably slower over the past three months. Adding to the shocking downward…
Whale Revives Profit-Taking Concerns as Bitcoin Holds Flat: Crypto Daybook Americas
Bitcoin’s Asian session bounce from $117,500 ran out of steam near $119,200 during European hours, extending two weeks of directionless trading. The CoinDesk 20 (CD20) Index traded 1.4%…