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Monthly archives: September 2023
Top Trader Who Nailed 2022 Bitcoin Bottom Says One Blue Chip Altcoin Signaling a ‘Breakout in the Making’
A top crypto trader is expressing bullish sentiment on one top-20 altcoin that’s up over 10% in the past week. Pseudonymous analyst DonAlt tells his 53,300 YouTube subscribers that the price action of Bitcoin Cash (BCH) on the daily chart is signaling a bullish move. “If you go on the lower time frames that looks …
French police raid Nvidia offices amid antitrust investigation: Report
The action reportedly came as a part of a general inquiry of French antitrust authorities into the cloud computing sector. News Join us on social networks Nvidia, one of the global leaders in artificial intelligence (AI) chip production with headquarters in California, reportedly faced a police raid in its French offices this week. The action …
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Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions
“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics. News Join us on social networks Epic Games, the company behind Fortnite, has slashed 16% of its workforce — approximately 830 staff — after unrealistic expectations of metaverse-inspired revenue caused it to spend “way …
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How long could Sam Bankman-Fried go to jail for? Crypto lawyers weigh in
“I think he’ll get the maximum sentence” — one lawyer predicts the former FTX CEO could look at life behind bars if convicted of all seven charges. Interview Join us on social networks FTX founder Sam “SBF” Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week …
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New AI Crypto Project Cogwise Launches Token Presale – Level Up Your Trading
New AI crypto Cogwise has launched its token presale, promising to deliver an AI-powered solution that could help you level up your trading. The project […] Go to Source
SBF trial dates revealed: FTX founder to stand trial over 6 weeks
In a hearing, Assistant U.S. Attorney Danielle Kudla said the Department of Justice estimated the case could last four to five weeks. News Join us on social networks Former FTX CEO Sam “SBF” Bankman-Fried will spend at least 21 days in court as part of his criminal trial, which will begin in earnest on Oct. …
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Enter the Ether: VanEck releases two ETF ads ahead of possible Monday launch
Once Ethereum futures ETF and spot Bitcoin ETF applications get approved, there will be a marketing war like we’ve never seen says, Bloomberg ETF analyst Eric Balchunas. News Join us on social networks Investment manager VanEck has fired up the marketing engine for its “upcoming” Ethereum futures exchange-traded fund (ETF), which some analysts expect could …
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Coinbase Expands Perpetual Futures Trading to Non-US Retail Traders
Coinbase has been approved to offer perpetual futures trading to retail traders residing outside the US. Coinbase International Exchange gained the approval from the Bermuda […] Go to Source
SEC launches proceedings to determine fate of spot Bitcoin ETFs, invites public comment
The U.S. Securities and Exchange Commission (SEC) submitted several filings on Sept. 28 that concern pending spot Bitcoin exchange-traded funds (ETFs). Those filings act as orders that institute proceedings through which the SEC will determine whether to approve or reject proposed rule changes. If these rule changes are approved, it could pave the way for …
2019-Style Bitcoin Fakeout Unlikely As BTC Flashes Healthy Long-Term Indicators, Says Top Analyst
A prominent Bitcoin (BTC) trader predicts that the cryptocurrency won’t experience a 2019-like fakeout rally in the current market cycle. Pseudonymous trader Dave the Wave tells his 140,000 followers on social media platform X that the 2019 fakeout rally was caused by a sudden Bitcoin breakout after only spending months in the “buy zone.” The …
Billionaire Takes Over As GameStop CEO, Bullish For Dogecoin?
Billionaire investor Ryan Cohen has been appointed as the new Chief Executive Officer (CEO) of GameStop, a brick-and-mortar video game retailer in the United States, a move that could potentially impact Dogecoin. GameStop’s stock and the Dogecoin price have shown signs of correlation. Before assuming this role, Cohen had been the Executive Chairman of GameStop since …
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What Is Behind The 16% PEPE Price Recovery And Will It Continue?
Over the last week, the PEPE price has emerged as one of the best performers in the crypto market. This followed a long period of drawdown that dragged the meme coin’s price almost 90% below its June 2023 all-time high. This prolonged bear period coupled with its declining momentum is why the price reversal has …
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Is The Ethereum Winter Over? L2 Exploding, ETH Futures ETF Launches
After sinking roughly 30% from 2023 highs, Ethereum appears to be bouncing off from the pits of the crypto winter. Looking at candlestick arrangements in the daily and weekly charts, the coin has primary support at around $1,500 and is firm, bouncing off with decent trading volume. At spot rates, ETH is up approximately 3% …
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ETH Price Rally On The Horizon: Ether Futures ETFs Poised For October 3 Approval
In an unexpected turn of events, Ethereum (ETH) Futures Exchange Traded Funds (ETFs) are drawing closer to fruition, potentially becoming available for trading as early as October 3, which could be a significant catalyst for ETH price. Renowned Bloomberg ETF expert Erich Balchunas recently shared insights indicating that the Securities and Exchange Commission (SEC) might …
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