Trader Updates Outlook on Bitcoin and Ethereum, Says New ‘Solana Killer’ Has More Upside Potential

A closely followed crypto trader is updating his outlook on the top two digital assets, an altcoin, and a smart contract platform that has been hailed as the “Solana killer.” Pseudonymous crypto analyst Altcoin Sherpa tells his 185,600 Twitter followers that he’d be worried about king crypto Bitcoin (BTC) if it were to dip below …

What the Russia-Ukraine conflict has revealed about crypto

The Russia-Ukraine conflict has tested the capabilities of crypto in a real-world conflict where sanctions and inventive blockchain crowdfunding models abound. The war, which is drawing into its ninth month, has uncovered a raft of blockchain benefits, such as the capacity to support humanitarian endeavors. It has also revealed how much control national authorities can …

Binance still serving Russians while seeking clarity on EU crypto sanctions

In the weeks following new sanctions from the European Union, Binance has kept its doors open for non-sanctioned Russian nationals, but that does not mean that the firm isn’t complying with EU sanctions, according to Binance’s newly-appointed sanctions executive. Western sanctions against Russia have been a major challenge for Binance from day one, and the …

3 striking similarities with past Bitcoin price bottoms — But there’s a catch

Bitcoin (BTC) has been consolidating inside the $18,000–$20,000 price range since mid-June, pausing a strong bear market that began after the price peaked at $69,000 in November 2021. Many analysts have looked at Bitcoin’s sideways trend as a sign of a potential market bottom, drawing comparisons from the cryptocurrency’s previous bear markets that show similar …

Ethereum sets record ETH short liquidations, wiping out $500 billion in 2 days

Ether (ETH) is setting liquidation records this week as a comparatively modest price uptick reveals how bearish the market has become. Data from on-chain analytics platform CryptoQuant confirmed that United States dollar-denominated short liquidations hit a new all-time high on Oct. 25. Two days, half a billion dollars of ETH shorts It is not just …

Crypto Trader Predicts 80% Surge for Ethereum-Based Altcoin, Says One Dogecoin (DOGE) Chart Is ‘Crazy Bullish’

A widely followed analyst is expressing bullish sentiment for Dogecoin (DOGE) an Ethereum (ETH)-based decentralized finance (DeFi) protocol amid a bounce in crypto asset prices. The pseudonymous crypto analyst known as Smart Contracter tells his 211,800 Twitter followers that Dogecoin is looking “crazy bullish” when paired with Bitcoin (BTC). Smart Contracter says that Dogecoin on …

October sees lowest-ever daily trading volume for crypto products: Report

As the crypto market shows signs of a gradual recovery, with Bitcoin (BTC) holding above the psychologically important $20,000 level after its initial crash to $17,600 in June, this month still sets a record low for an average daily aggregate product volume across all digital asset investment products.  According to the report from CryptoCompare, published …

Bitcoin weak hands ‘mostly gone’ as BTC ignores Amazon, Meta stock dip

Bitcoin (BTC) is decoupling from big tech as disappointing earnings fail to spark any major BTC price losses. Economic data for Q3, 2022, saw heavy losses for some tech stocks, but BTC/USD avoided a chain reaction. Bitcoin hodlers shrug off Q3 tech results The largest cryptocurrency shed around $800 over Oct. 27, or 3.8%, after …

Binance wired $500M to back Musk’s Twitter takeover — CZ

Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover. Musk reportedly sealed the deal on Oct. 27, with a handful of Twitter executives escorted to the door as the new owner of the social media platform cleaned house. Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS …

US Trustee opposes Celsius’ $2.9M employee bonus plan

The U.S. Trustee argued that it is not logical that for a company that owes billions of dollars, to propose a multi-million bonus scheme for its employees.  1 min read Updated: October 28, 2022 at 11:37 am Cover art/illustration via CryptoSlate The United States Trustee has opposed Celsius’s request to pay up to $2.9 million …

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