Recent data from analytics firm Santiment indicates a notable shift in sentiment within the crypto community, signaling a growing bearish inclination. The sentiment within the crypto community regarding the trajectory of Bitcoin’s price appears to be turning bearish, according to metrics derived from social media activity. This trend, historically observed, often coincides with market bottoms. As American poet and novelist…
Month: April 2024
How Will Traders Handle Volatility Ahead of Bitcoin Halving? Analysts Are Split
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The notorious volatility of Bitcoin’s price is ramping up approaching the eve of the next Bitcoin halving, making it increasingly difficult to predict where things will…
Bitcoin Is a ‘Fraud’ Says Jamie Dimon, Who Vowed to Not Talk About It Again
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Jamie Dimon has yet more to say about Bitcoin—albeit things he’s known for saying before. In an in-depth interview with Bloomberg on Wednesday, the JP Morgan…
PSG Token Soars After Paris Saint-Germain Defeats Barcelona; CITY Dips Following Elimination of English Champions
The value of the fan token for the French football club, Paris Saint-Germain, briefly surged from just over $4.30 to $5 after they knocked the Spanish football giants, FC Barcelona, out of the UEFA Champions League. However, the token for the English champions, Manchester City, plunged by nearly 20% after the team was eliminated from […] Source: https://news.bitcoin.com/psg-token-soars-after-paris-saint-germain-defeats-barcelona-city-dips-following-elimination-of-english-champions/
Yuga Labs Burns Nearly $1 Million Worth of Ethereum Gaming NFTs—Here’s Why
Yuga Labs, the startup behind the Bored Ape Yacht Club (BAYC), announced early Thursday that it has completed the burn of 4,295 Ethereum NFTs related to the crypto game HV-MTL. This comes the day after Yuga Labs sold two of its gaming IPs to blockchain gaming studio Faraway—HV-MTL was one of these IPs. With Faraway now in charge, the gaming…
‘Is It Priced In?’—Unpacking Crypto’s Perennial Question on Bitcoin Halving Eve
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports With the Bitcoin halving just a day away, it would seem that by now most people would have gotten their answer to the enduring question: “Is…
Bitcoin, Ethereum ETFs in Hong Kong Could Lead to ‘More Progressive’ Policies in China: OSL
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports At the start of the week, spot Bitcoin and Ethereum ETFs were conditionally approved in Hong Kong. Alongside this news, digital assets platform OSL announced it…
Mango Markets Attacker Guilty of Fraud Over $110 Million Exploit
Crypto trader Avraham Eisenberg was convicted Thursday in U.S. federal court of manipulating Solana decentralized finance (DeFi) trading platform Mango Markets in October 2022 to steal $110 million worth of cryptocurrency. Eisenberg was found guilty by federal jurors of commodities fraud, commodities manipulation, and wire fraud, according to Bloomberg, for intentionally boosting the value of futures contracts and then fleeing to…
Decade-Old Dogecoin Wallet Misses Out on Millions
In the volatile world of cryptocurrency, timing is everything. A recent example highlights the missed opportunities faced by some traders, particularly one long-time Dogecoin investor. This investor, whose wallet had been accumulating DOGE since 2013, made a crucial decision to sell their tokens in late 2023, just before a significant price surge. Let’s delve into the details. Initially investing a…
Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC
Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts of BTC and BNB. Binance Executes Dual Crypto Moves on Thursday: What’s Behind the […] Source: https://news.bitcoin.com/binance-shifts-1-billion-in-safu-bitcoin-reserves-to-usdc/