Bitcoin Has Been Co-Opted’: Jim Bianco Says Wall Street Hijacked It
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Ripple’s XRP Climbs 5%, But On-Chain Data Flags Further Risks Ahead
TL;DR XRP holds near $3, but whales sold $2.1B, leaving $2.48 as critical support. On-chain data shows $2.80 is temporary support, with heavier accumulation below $2.48. Analysts track $3.20 breakout level as XRP consolidates between $2.77 and $3.32. XRP Holds Near $3 After Retreat From July Peak Ripple’s XRP traded close to $3 at press…
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Forget New Tokens—Why Murad Mahmudov is Betting on Older Meme Coins?
Murad Mahmudov, a well-known investor and meme coin proponent, predicts that older meme coins will continue to outperform their newer counterparts. This forecast comes amid a broader bull run, where meme coins as a whole are benefiting from renewed investor enthusiasm. Why Investors Are Betting Big on Older Meme Coins According to CoinGecko data, the…
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XRP Price Crash Could Deepen As Bearish Formations Gather
Over the weekend, the XRP price crashed further and ultimately declined below the $3 support level. This has put it on the path for possible losses as the current downtrend could continue to deepen. At the same time, there have also been a number of bearish formations that have emerged for the altcoin during this…
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Arkham Uncovers The Largest Bitcoin Heist Linked to Chinese Mining Pool
Blockchain analytics firm Arkham has revealed that a previously unknown hack of Chinese mining pool LuBian in December 2020 resulted in the theft of 127,426 BTC worth around $3.5 billion at the time. This makes it the largest crypto theft in history, Arkham stated, and the haul today would be worth a whopping $14.5 billion….
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4 US Economic Signals That Could Derail Bitcoin’s Recovery This Week
Several US economic signals are in the pipeline this week, although not as hot as the ones witnessed in the past week. By frontrunning the following events, traders and investors can buffer their portfolios against sudden impact. Initial Jobless Claims This US economic signal, due every Thursday, will indicate the number of United States citizens…
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What Did Crypto Whales Buy and Sell During the Weekend?
The crypto market experienced fluctuating performance over the weekend, with the total market capitalization dipping on Saturday before rebounding on Sunday and maintaining gains into Monday. Amid this volatility, whale activity highlighted various strategies, with notable buying and selling across multiple crypto assets, including Ethereum (ETH), Bitcoin (BTC), and more. Crypto Whales Execute Divergent Strategies…
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Bitcoin’s Bounce Might Not Be Bullish Yet; $117,000 is the Line It Must Cross First
The Bitcoin price is showing some signs of life, up 1.1% on the day and trading around $114,000. But zoom out, and the weekly performance still shows a -3.77% decline, leaving traders wondering: is this just a bounce, or the start of the next BTC rally? To figure that out, it helps to look beyond…
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A Stealth Trigger Might Reverse BTC Shaky Markets: 10x Research
With the recent downward trend in Bitcoin, breaking below $112,000, 10x Research says a “stealth trigger” is quietly building pressure in the background that could lead to BTC’s most explosive recoveries. “While markets focus on labor data and rate cuts, another force is quietly building pressure in the background,” it wrote on X, Monday. The…
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UK Losing Crypto Ground to Rivals, British Ex-Finance Minister Osborne Warns
Former British finance minister George Osborne has warned that the UK risks becoming irrelevant in the global crypto race unless it urgently reforms its approach. In an oped for the Financial Times, former UK chancellor accused the Labour government and the Bank of England of dragging their feet while international rivals surge ahead. Osborne served…
