New year begins with $225M in crypto market liquidations

The cryptocurrency market kicked off the new year slowly as over 99,000 traders were liquidated of approximately $225 million within the past day. Data from Coinglass shows that traders betting on further price increases bore the brunt of the losses, with around $135.70 million liquidated. On the other hand, traders with bearish sentiments— short traders—lost …

Arthur Hayes believes big banks will make stablecoin issuers like Tether obsolete

Big banks are poised to enter and potentially dominate the stablecoin market, overshadowing current leaders like Tether, according to former BitMEX co-founder Arthur Hayes. In a recent interview with Unchained’s Laura Shin, Hayes said that centralized stablecoins have found a lucrative niche due to the reluctance of traditional banks to engage in similar activities. However, …

$80,000 Bitcoin Incoming Based on History, According to Coin Bureau’s Guy Turner – Here’s When It Could Happen

A widely followed crypto analyst says that Bitcoin (BTC) is on its way to the $80,000 price level based on historical precedent. In a new video update, Guy Turner, the host of Coin Bureau, tells his 2.38 million YouTube subscribers that the top crypto asset by market cap will set a new all-time high in …

Billionaire Mike Novogratz Says This Is the Most Bullish Underpinning of Bitcoin Besides Store-of-Value Use Case

Galaxy Digital chief executive Mike Novogratz is unveiling what he thinks is the most bullish thing about Bitcoin (BTC) other than its store-of-value utility. In a new On the Tape podcast interview, the billionaire details what he says people are missing about the top crypto asset by market cap – that it sparked an ongoing …

Top Analyst Predicts New All-Time Highs for DeFi Altcoin, Says Layer-1 Coins Are Heating Up

A trader who accurately called Bitcoin’s (BTC) 2018 market bottom is predicting fresh all-time highs for one decentralized exchange (DEX) altcoin. Pseudonymous analyst Bluntz tells his 234,000 followers on the social media platform X that a bullish divergence just flashed on the four-hour chart of Injective (INJ). Traders often keep a close eye on bullish …

Bitcoin Upside Potential Capped for Now As ETF Announcement Approaches, Says Crypto Trader – Here’s His Outlook

A popular crypto analyst believes that the current upside potential for Bitcoin is limited despite the possible approval of spot market BTC exchange-traded funds (ETFs). Widely followed strategist Michaël van de Poppe tells his 680,000 followers on the social media platform X that the top crypto asset by market cap will rally somewhere between $48,000 …

Trader Predicts Rallies for Ethereum Following Strong December, Updates Outlook on Two ETH Challengers

A closely followed crypto strategist believes that Ethereum (ETH) is gearing up for a big rally next year after a bullish December. Pseudonymous analyst Rekt Capital tells his 380,300 followers on the social media platform X that Ethereum looks primed for an over 20% surge if it manages to end December above the key resistance …

Bitcoin Price Starts 2024 In A Range, Can The Bulls Take Over?

Bitcoin price is holding gains above the $41,500 zone. BTC is rising and might gain bullish momentum above the $43,200 resistance zone. Bitcoin is attempting a fresh increase above the $42,500 resistance zone. The price is trading above $42,200 and the 100 hourly Simple moving average. There is a key bullish trend line forming with …

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Crypto Capital Rotation: A How To Guide On Riding The Wave Of Inflows

Every bull run starts with a wave of capital inflows, something that excites those watching enough to cause the fear of missing out. As a result of that FOMO, traders & “paper hand” holders get emotional about holding “this damn coin that just does nothing,”. All while watching others straight line up, then dump their …

XRP Price Surge: Crypto Analyst Predicts Various Bullish Scenarios In The Coming Days

Crypto analyst EGRAG crypto recently posted an analysis of the various scenarios for the price trajectory of XRP in the near future. XRP, like most top cryptocurrencies, has received many price predictions in the past few months, as the entire crypto market witnessed a consistent increase in activity throughout the fourth quarter of 2023. However, …

Worldcoin (WLD) Gains By 10% Following Singapore Debut

Worldcoin (WLD), the brainchild of OpenAI CEO Sam Altman, has experienced a significant level of positive traction in the past month. Notably, Worldcoin gained by over 50% in mid-December to attain an all-time high of $4.6. Although the token soon fell from these heights trading at $3.35 on December 25, it appears that WLD may …

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