Cryptocurrency Analysis and News Portal
Bitcoin (BTC) bulls might be disappointed after the $31,000 resistance proved stronger than expected on April 14. However, looking at a broader time frame, Bitcoin has been the best-performing asset in 2023, gaining over 74% year-to-date at $29,000. Positioning for weaker dollar, debt ceilingIt is worth noting that gold is
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Creditors of Singapore-based cryptocurrency lender have again expressed their desire to liquidate the company, which has been under judicial management since August 2022. There is no white knight investor on the horizon, interim judicial manager (IJM) Aaron Loh Cheng Lee explained in a circular updating the case. A circular from
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High-impact news, including the CPI release and the US banking crisis, significantly contributed to Bitcoin price topping $26K. For the first time since June last year, Bitcoin price traded above $26K on Tuesday after the United States Bureau of Labor Statistics released the Consumer Price Index (CPI) data yesterday that was
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The largest cryptocurrency by market cap was recently trading near $24,200. Source
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Data shows a large amount of shorts have been liquidated in the Bitcoin futures market in the past day as BTC pushes above $19,000. $93 Million Bitcoin Shorts Were Wiped Out In Only 1 Hour As per data from the on-chain analytics firm Glassnode, short liquidations have spiked in the past
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As the bankruptcy proceedings take shape, chances are that these current withdrawals will be investigated and thanks to on-chain data, the flow of funds can easily be tracked.Alameda Research, the defunct trading firm belonging to the Sam Bankman-Fried, the founder and former Chief Executive Officer of bankrupt cryptocurrency trading platform,
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The move came days after Sam Bankman-Fried posted a bail bond and was temporarily freed from jail. Original Source
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The trader, identified on Twitter and tagged by blockchain analysts as Avraham Eisenberg, borrowed 40 million Curve (CRV) tokens (worth $20 million at the time) using the decentralized lending platform Aave, then transferred them to the OKEx crypto exchange. Original Source
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Dogecoin witnessed a significant growth trend in 2021. This remarkable feat connects to the influence of Tesla’s CEO and billionaire, Elon Musk.
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Over the last 24 hours, thousands of crypto traders have lost their positions in the market. The liquidations had ramped up, especially
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