Galaxy’s head of research expects the funds to see inflows as investors buy the dip.
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Galaxy’s head of research expects the funds to see inflows as investors buy the dip.
Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule.
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts.
Jump Trading significantly contributed to the crypto market sell-off, and it could be looking to sell another $104 million worth of crypto.
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.
Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations.
Crypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs.
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark.