Crypto analyst Benjamin Cowen says that Bitcoin (BTC) has a good chance of printing a significant correction soon based on historical price action. In a new strategy session, Cowen tells his 788,000 YouTube subscribers that he’s keeping an eye on Bitcoin’s 100-week simple moving average (SMA). According to Cowen, each time Bitcoin has crossed above its …
Monthly archives: December 2023
U.S. Prosecutors Won’t Pursue Second Trial Against FTX Founder Sam Bankman-Fried: Report
U.S. prosecutors are reportedly not pursuing a second trial against disgraced FTX founder Sam Bankman-Fried. According to a new report by Reuters, in a recently penned letter to a federal court in Manhattan, the prosecutors say that the benefits of a second trial outweigh the public’s strong interest in a prompt resolution in the case …
US Lender Exposes 14,000,000 Social Security Numbers, Bank Account Numbers and Other Sensitive Information in Massive Data Breach
One of the largest mortgage lenders in the country just suffered a massive security breach that enabled hackers to access the personal information of millions of customers. In a filing with the Office of the Maine Attorney General, the home loan services company Mr. Cooper reveals that bad actors stole sensitive information belonging to 14,690,284 …
An Introduction to the Risks and Rewards of Bitcoin Gambling
Dive into Bitcoin gambling with faster transactions. Discover anonymous games with high payouts by joining the crypto gaming revolution. Why opt for Bitcoin and crypto gambling sites? This piece sheds light on the pros and cons of Bitcoin casinos and guides you through starting your adventure in crypto gambling. The concept of crypto gambling has …
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BlackRock Taps JPMorgan, Jane Street As Authorized Participants for Spot Market Bitcoin ETF: Bloomberg Analyst
The biggest asset management firm in the world is naming banking giant JPMorgan and trading firm Jane Street as authorized participants for its spot market Bitcoin (BTC) exchange-traded fund (ETF) bid. According to Bloomberg analyst Eric Balchunas, BlackRock updated its S-1 filing to the U.S. Securities and Exchange Commission (SEC) – the form for the …
How zero-knowledge (zK) tech will power the future of crypto
The past year has witnessed the ascendancy of Zero-Knowledge (ZK) technology. From its potential to increase and secure privacy protocols in the Web3 space, to its increased efficiency in validating transactions, the implementation of the tech is further cementing the growth and integration of blockchain into our daily lives. Its role in increasing efficiency has …
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Bitcoin 40% Drop in Sight if Historical Pattern Repeats, Warns Crypto Strategist – Here’s His Forecast
A closely followed crypto analyst is warning that Bitcoin (BTC) may witness a deep corrective move if a historical pattern plays out. Trader Ali Martinez tells his 38,700 followers on the social media platform X that Bitcoin tends to go through a significant pullback after recovering from a bear market. According to Martinez, Bitcoin followed …
Bitstamp USA Chief Bobby Zagotta Says Crypto Likely To See Increased Institutional Adoption and Onboarding in 2024
The chief executive of crypto exchange Bitstamp’s US branch says that the crypto industry will likely witness a surge in institutional adoption next year. In a new interview with CNBC Television, Bitstamp USA CEO Bobby Zagotta says that institutional investors will likely play a key role in the growth of the digital assets industry in …
Arthur Hayes Says Government Money Printing Will Push Bitcoin Into Blow-Off Top by 2027
BitMEX founder Arthur Hayes says that reckless money printing has likely already begun to send Bitcoin (BTC) on another bull run. In a new interview with Laura Shin on the Unchained podcast, the crypto veteran says that the global banking system has been very accommodating to Bitcoin despite an official stance of tight monetary policy …
Here’s the ‘Best Thing’ That Could Happen to Bitcoin After Potential ETF Approval, According to Top Analyst
A top trader who caught the crypto breakout at the start of the year is unveiling the best path for Bitcoin following the potential approval of spot market BTC exchange-traded fund applications (ETF). Pseudonymous analyst DonAlt tells his 56,000 YouTube subscribers that a lengthy consolidation period is probably the healthiest outcome for Bitcoin after the …
US Pushing To Confiscate $300,000,000,000 After Freezing Assets Owned by Russia’s Central Bank and Members of the Russian Elite: Report
The US is reportedly pushing G7 nations to confiscate $300 billion in Russian assets that were frozen in response to the country’s invasion of Ukraine. America, backed by the UK, Japan and Canada, want to have a proposal on how to take the assets ready in February at the two-year anniversary of the conflict in …
Privacy-Focused Altcoins Suffer Price Drops After Crypto Exchange OKX Says It Will Delist Monero, Zcash and Dash
A trio of privacy-focused altcoins are seeing dips in price after a prominent crypto exchange platform said it is going to delist them. In a new company blog post, the Seychelles-based crypto exchange OKX says that it’s going to delist Monero (XMR), Zcash (ZEC), and Dash (DASH) as they no longer fit the firm’s listing …
Bitcoin Spot ETF: Bitwise Closes Ranks With $200 Million Seed Fund
The competition among the Spot Bitcoin ETF issuers is heating up as the period for potential approval of these funds draws nearer. Asset manager Bitwise is the issuer currently making waves as it could potentially outrank the world’s largest asset manager, BlackRock, in terms of seed funds for their respective ETFs. Bitwise’s Bitcoin ETF Could …
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Dogecoin And XRP Beat Out Cardano And Solana To Secure New Milestone
Kaiko, a blockchain analytics platform, conducted an investigation that revealed the complexities of liquidity across the biggest crypto assets, with some lower market cap assets beating higher ones. According to its Q3 liquidity rankings, XRP and Dogecoin (DOGE) managed to beat out Solana and Cardano in liquidity rankings, coming in behind only Bitcoin and Ethereum. …
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Shiba Inu Burn Rate Spikes Over 2,700% Despite Market Slowdown
Shiba Inu’s price action has been on a consolidation activity since the beginning of the week. However, the Shiba Inu community has ramped up SHIB burn activities in the past 24 hours, pushing the burn rate up by more than 2,700%. What this means is that SHIB holders have been sending large amounts of the …
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