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Bitcoin (BTC) surfed $27,000 on May 16 as traders stayed buoyant about upside continuation.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView$24,000 BTC price still in play, says traderData from Cointelegraph Markets Pro and TradingView showed BTC/USD still focusing on the $27,000 mark, having dipped to $26,870 after the daily close.Still
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A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto trader
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The move worked out in the end as the entity is sitting on a fat profit of several hundred thousand. Source
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A single trader just spent a staggering 64 Ether — equivalent to $118,000 — in gas fees purchasing $155,000 worth of a memecoin called Four (FOUR).According to an update from the popular blockchain tracking service Whale Alert, the lone trader paid an astonishing $119,157 in Ether (ETH) to complete a
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However, the good times may stop rolling if the heavily shorted U.S. dollar, which has recently found a "double bottom" price floor against major fiat currencies, sees a short squeeze – a rally powered by an unwinding of bearish bets, as per Singapore-based options trading firm QCP Capital. Source
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Episode 9 of Cryptox’s Crypto Trading Secrets podcast is now live. In the episode, host Benjamin Pirus chats with Cheds, aka @BigCheds on Twitter. A trader, analyst and author, Cheds fielded an array of questions during the April 6 episode recording, including his opinion on whether Bitcoin’s (BTC) price will
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In this week’s episode of Market Talks, Cryptox welcomes Miguel Morel, CEO of Arkham Intelligence — a blockchain intelligence company that has built a platform that provides information on real-world entities and individuals behind crypto market activity.In today’s discussion with Morel, we will explore how and why on-chain data is useful and
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Trader Joe has risen to the top five decentralized exchanges by trading volume after the launch of its V2 platform on Arbitrum on Feb. 1, 2023. Top five DEX by 7-day trading volume. Source: DeFiLlamaThe project launched a liquidity incentive program to boost deposits for ARB, ETH and USDC trading which
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Liquidity Book V2.1 will make it more efficient for depositors to add tokens to Trader Joe’s liquidity pools and also improve the on-chain trading experience, Blue said. Trader Joe has three implementations: on Arbitrum, BNB Chain and Avalanche, its biggest. Source
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Key metrics began booming right after Trader Joe launched a liquidity incentives program to boost deposits of popular tokens for trading, particularly Arbitrum’s newly airdropped ARB. Users who loaned ARB, ether (ETH) and USD coin (USDC) to Trader Joe’s pools got a share of 300,000 JOE tokens. The incentives program
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