Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom. Read More at https://cointelegraph.com/news/bitcoin-bulls-were-obliterated-but-is-it-time-to-catch-the-falling-knife?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Jump Trading’s Ether dump: Smart move or sign of trouble?
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit. Read More at https://cointelegraph.com/news/jump-trading-ether-dump-smart-move-trouble?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ex-Ripple board member, Biden adviser joins Harris campaign: Report
Economics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama. Read More at https://cointelegraph.com/news/ripple-board-member-adviser-joe-biden-kamala-harris-campaign?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin analyst sees seller 'exhaustion' as BTC price rebounds 10%
Bitcoin sellers run out of steam and BTC price strength returns at the Wall Street open as US stocks initially avoid copying the fate of their Asian counterparts. Read More at https://cointelegraph.com/news/bitcoin-analyst-seller-exhaustion-btc-price-rebounds-10?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETF trading volume tops $1B amid crypto crash — Galaxy
Galaxy’s head of research expects the funds to see inflows as investors buy the dip. Read More at https://cointelegraph.com/news/bitcoin-etf-trading-volume-1-billion-amid-crypto-crash-galaxy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood says its 24-hour trading ‘currently operating’
Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule. Read More at https://cointelegraph.com/news/robinhood-24-hour-trading-black-monday?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Market makers sold over $300M Ether as ETH price crashed below $2,200
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers. Read More at https://cointelegraph.com/news/market-makers-sold-300m-ether-august-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price downside may last 2 months — Analysis
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout. Read More at https://cointelegraph.com/news/bitcoin-price-downside-last-2-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts. Read More at https://cointelegraph.com/news/xapo-bank-interest-bearing-bitcoin-accounts-uk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto market crash triggered by ‘aggressive’ selling by Jump Trading: Report
Jump Trading significantly contributed to the crypto market sell-off, and it could be looking to sell another $104 million worth of crypto. Read More at https://cointelegraph.com/news/crypto-market-crash-jump-trading-selling-qcp?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound