Arthur Hayes, co-founder and former CEO of cryptocurrency derivatives exchange BitMEX, has bought Bitcoin $35K strike puts, expecting a dump below $40K amid an observable CME Gap. Hayes continues to express his bearish outlook on Bitcoin’s price in the near future. Notably, the put options he recently purchased will pay off if Bitcoin falls below…
Have you ever considered what it means to truly own your digital assets? In the burgeoning realm of Web3, you’re witnessing a fierce competition as wallet providers vie for dominance, each promising to revolutionize the way you interact with decentralized networks. Security is paramount, of course you wouldn’t entrust your assets to a vault with…
Over the years, Cryptocurrencies have presented tremendous opportunities for investors and organizations in the United Kingdom, offering a new and improved way of improving financial state. The decentralized nature of these digital assets has made it challenging for authorities to regulate and monitor transactions effectively. In response to the growing popularity of cryptocurrencies like Bitcoin…
The digital currency ecosystem saw approximately $20.8 million in inflows over the past week. According to data from CoinShares, different profiled assets saw a mixed flow outlook as market sentiment remained erratic overall, with a general outflow observed in the market. Per the report, while Bitcoin (BTC) and Ethereum (ETH) saw massive outflows of $24.7…
A renowned market analyst has brought notice to a buy signal that has materialized on the VeChain (VET) chart amid the bearish trend rocking the crypto market. Over the past 24 hours, VeChain’s VET token has experienced a decline of over 5%, falling from its daily peak at $0.02854 to a low of $0.0269. Its…
Despite the recent bearish Bitcoin price trend, one analyst is calling for a rally to $120,000 after a small correction. As the price of Bitcoin grapples with the $40,000 support level, many thought leaders, including former BitMEX CEO Arthur Hayes, are calling for a break below the range and short-term bearishness. Admittedly, the chances of…
TerraForm Labs has officially filed for Chapter 11 bankruptcy protection in the US, with plans being made to continue expanding its Web 3.0 business. Terraform Labs (TFL), the company behind the embattled crypto project Terra, has filed for Chapter 11 bankruptcy protection following the collapse of its ecosystem assets UST and LUNA in 2022. Terra…
The price performance of the fourth largest altcoin, XRP, has attracted the attention of a longstanding critic, Max Keiser, the Bitcoin advisor of President Nayib Bukele of El Salvador. Max Keiser recently took to X to call XRP a “centralized garbage” coin, predicting a gloomy future for the $28 billion-value project. Keiser’s remarks come amid…
Remember to consider the impact of whales in the crypto world. Whales are the big players holding a lot of cryptocurrency; lately, they’ve been hanging out in more accessible areas. Many Bitcoin (BTC) whales had been panic-buying BTC before the year-end of 2023. Another whale has transferred 1.7 million in PancakeSwap (CAKE) tokens from Binance….
The XRP community recently reacted to a riddle posted by U.S.-based trading platform Gemini today amid sustained expectations of a pivotal XRP-focused announcement. Gemini has renewed its XRP social campaign, making several XRP-focused posts on X and teasing an imminent announcement surrounding the asset. The enigmatic campaign has triggered speculation, with several XRP community figures…