Bitcoin experienced a 7% drop in value, falling from $88,060 to $82,036, resulting in $158 million in liquidations for long positions. This decline coincided with gold reaching a record high, challenging Bitcoin’s status as “digital gold.” However, experts anticipate a potential Bitcoin rally as various governments work to prevent an economic crisis. Despite recent outflows ...
Predicting Bitcoin’s value in the next five years is challenging, mainly due to its volatility. Instead of making guesses, it’s better to consider the factors that could influence its price. Recent developments like the introduction of Bitcoin ETFs have made investing easier, potentially driving demand. However, economic uncertainties, including the possibility of a recession and ...
The rise of cryptocurrency has become a crucial topic in America, especially with links to Donald Trump’s recent presidential campaign. Initially seen as a complicated digital currency system, understanding crypto is now essential to grasp the evolving political landscape. Trump has embraced this new financial frontier, enabling significant gains for himself and his supporters while ...
$12 billion worth of Bitcoin options contracts are set to expire tomorrow, marking one of the largest expiries on the Deribit exchange. Despite this significant event, Deribit’s CEO Luuk Strijers anticipates stable Market conditions and low volatility. Currently, there’s a notable amount of open interest on the exchange, with the put/call ratio slightly leaning pessimistic. ...
Gracy Chen, CEO of Bitget, has criticized Hyperliquid for its recent actions regarding the JELLY token incident, warning it could lead to a situation akin to “FTX 2.0.” On March 26, Hyperliquid delisted perpetual futures for JELLY after discovering suspicious Market activity and promised user reimbursements. Chen highlighted concerns about Hyperliquid’s centralization, stating it operates ...
On Wednesday, Bitcoin’s price is stable around $87,000, having recovered 4% in the past few days. Ethereum is showing signs of recovery, finding support at $1,861, while Ripple’s XRP is trading at $2.44 after bouncing back from its 100-day EMA. If Bitcoin maintains support above its 200-day EMA, it could touch $90,000 soon. Ethereum may ...
On Wednesday, Bitcoin’s price is around $87,000, recovering 4% over the past few days. Ethereum is finding support near $1,861, indicating potential recovery, while Ripple is trading at $2.44, having recently found support at its 100-day EMA. Bitcoin could rise towards $90,000 if it maintains support at its 200-day EMA, with bullish signals suggesting a ...
Since Donald Trump took office, Bitcoin’s value has experienced significant fluctuations, peaking at $109,000 before dipping below $78,000. These changes were largely influenced by trade tensions and tariff announcements from the U.S. and its partners. Although investor confidence started to recover by mid-March with more positive messaging from the White House, ongoing mixed signals have ...
On Friday, Bitcoin (BTC) options worth over $12 billion are set to expire on the Deribit exchange, representing 45% of all active BTC contracts. Despite the large volume, Market volatility is not expected to spike significantly. Most of the open interest is in call options, which suggest bullish sentiment, while some put options are being ...
The cryptocurrency community is buzzing after a Bitcoin wallet, once valued at $3 million in 2017, has become active again after eight years, now holding about $250 million. This surprising return has sparked speculation, with many wondering if the owner has rediscovered their private keys. Dormant wallets reawakening often lead to Market volatility and potential ...
