Tuesday, October 15, 2024
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What crypto traders can learn from Charlie Munger — even if he hated BTC

Legendary investor and billionaire Charlie Munger, known as the right-hand man of Warren Buffet who helped build investment powerhouse Berkshire Hathaway, has passed away at 99 years of age.Munger’s family informed Berkshire “that he peacefully died this morning at a California hospital,” according to a company announcement on Nov. 28.Munger,

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Bitcoin traders’ bullish bias holds firm even as BTC price dips to $37K

Bitcoin (BTC) briefly reached $38,000 on Nov. 24 but faced formidable resistance at the price level. On Nov. 27, Bitcoin price traded below $37,000, which is unchanged from a week ago. What is eye catching is the unwavering strength of BTC derivatives, which signals that bulls remain steadfast with their intentions.An

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Analysts bullish on Polygon, traders exploring PEPE and Everlodge

Polygon (MATIC) is trending higher, looking at price action. Meanwhile, traders have their attention on PepeCoin (PEPE) and Everlodge (ELDG), indicating a potential shift in market dynamics.  Polygon is bullish According to one analyst, there is a potential head-and-shoulders pattern in the MATIC’s 4-hour chart. #Polygon | It looks like $MATIC formed a

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Bitcoin buyer pushes BTC price past $38K as traders demand key breakout

Bitcoin (BTC) bulls kept the pressure on 18-month highs on Nov. 24 as analysis eyed buyer interest spiking.BTC/USD 1-hour chart. Source: TradingViewBitcoin fights for new 18-month highData from Cointelegraph Markets Pro and TradingView showed the BTC price trajectory heading upward into the Wall Street open.The largest cryptocurrency saw increasing momentum

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Singapore mulls new crypto rules, wants to ban retail traders from incentives and credit cards

The Monetary Authority of Singapore is seeking new limitations to harden crypto speculation. Singapore’s financial watchdog, the Monetary Authority of Singapore, is set to impose new rules on retail crypto investors in a bid to safeguard customers from highly speculative assets. In a statement published on Thursday, Nov. 23, MAS proposed new

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Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

The cryptocurrency market recently experienced events that were previously expected to present a severe negative price impact, and yet, Bitcoin (BTC) trades near $37,000 on Nov. 22, which is essentially flat from three days prior. Such performance was utterly unexpected given the relevance of Binance’s plea deal on Nov. 21

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Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance’s Gulity Plea

Data shared by market analyst Chang shows that early Wednesday, market participants traded 550 contracts of BTC $45,000 strike call option expiring in March 2024 on Deribit. Buyers, expecting a continued price rally in bitcoin in the coming months, paid a cumulative premium of $1.5 million for the bullish bets.

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