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Bitcoin Mirrors September 2023 Levels, Trader Curious If This Could Be 'Turning Point'
Tuesday, September 3, 2024 - 2:20pm | 410On-chain analysis firm CryptoQuant pointed out how Bitcoin's (CRYPTO: BTC) short-term Sharpe ratio has plummeted to levels unseen since September-October 2023. Such periods have typically signaled substantial turning points in the market. For instance, a similar dip in the Sharpe ratio during...
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Robinhood Unveils Crypto Trading API For Advanced US Users
Thursday, May 30, 2024 - 10:48am | 438Robinhood Inc. (NASDAQ:HOOD) announced the launch of its Crypto Trading API, a tool aimed at experienced crypto traders in the United States. What Happened: This API allows users to programmatically access Robinhood Crypto’s features, potentially enhancing their trading experience. By...
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Scaramucci Targets $170,000 For Bitcoin After Halving, Credits BlackRock CEO: 'Larry Did The Reversal'
Tuesday, January 30, 2024 - 6:52pm | 657Anthony Scaramucci, the founder of Skybridge Capital and former White House communication director predicted Bitcoin (CRYPTO: BTC) could soar to $170,000 after the Bitcoin halving. Scaramucci's Price Prediction: In a conversation with Scott Melker, Scaramucci...
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Bitcoin Slips Below $41,000 After Jim Cramer's 'Far From The Bottom' Tweet: What Happened To 'Inverse Cramer'?
Thursday, January 18, 2024 - 5:14pm | 455CNBC host Jim Cramer, known for his often-contrarian takes on the market, is facing a fresh wave of scrutiny after sharing a stern warning from legendary trader Larry Williams. Bottom Not In, Tweets Cramer Cramer rattled the proverbial cage with the following tweet: The legendary Larry...
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Solana Winter Coming? Whale Traders Target This Range For 'Great Entries For The Long Run'
Wednesday, January 10, 2024 - 3:10pm | 573Solana (CRYPTO: SOL), the star performer among altcoins in 2023, may see a significant dip shortly, according to prominent analysts. Some are eyeing a dip into the $70s as a potential long-term entry point. Pentoshi, a household name among crypto analysts, doubts whether Solana will drift to his...
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Exploring The Impact: How Spot Bitcoin ETF Approvals Could Reshape The Crypto Landscape
Tuesday, January 9, 2024 - 3:48pm | 1048Bitcoin Soars As Market Anticipates ETF Approvals Bitcoin (BTC/USD) recently surged to $47,000, marking its highest value since early 2022. This remarkable uptick can be attributed to the general market's beta factors and the anticipation surrounding the approval of spot Bitcoin ETFs. As of...
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Crypto Bear Predicts Spot ETF Will Spark Rallies Before 'Massive Correction' For Bitcoin, Ethereum
Tuesday, January 9, 2024 - 3:46pm | 381Crypto trader Capo, well-known for his bearish predictions throughout the 2023 market rally, doubled down by dismissing a sustained market rally in case a spot Bitcoin (CRYPTO: BTC) exchange traded-fund (ETF) gets regulatory approval. What Happened: Capo outlined a scenario where an...
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Gary Gensler Warns Of 'Serious Risks Involved' In Crypto Investing, Bitcoiners Point To 10-Figure Return On Investment
Tuesday, January 9, 2024 - 1:34pm | 705U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler issued a stark warning to investors, urging caution when considering crypto assets as the first-ever spot Bitcoin (CRYPTO: BTC) ETF decision looms. His statement comes amidst growing anticipation and speculation surrounding the...
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Solana Rallies But Can It Hold If FTX And Alameda Liquidate $192M Worth Of SOL?
Friday, December 22, 2023 - 10:21am | 403Over the past 24 hours, Solana (CRYPTO: SOL) has rallied by a staggering 17%. This dramatic rise appears fueled by ongoing optimism surrounding the blockchain, although concerns persist about potential sell-offs from FTX (CRYPTO: FTT) and Alameda Research. What Happened: According to on-chain...
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Coinbase Advances Global Strategy With Non-US Spot Trading Initiative
Wednesday, December 13, 2023 - 2:17pm | 421Coinbase International Exchange on Wednesday announced the introduction of non-US spot markets, marking a new phase in its expansion. This move is aimed at catering to the diverse needs of its international clientele and aligns with Coinbase Global Inc's (NASDAQ: COIN) strategic...
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Tether Slapped With 'Constrained' Stability Assessment Over Transparency Concerns
Tuesday, December 12, 2023 - 6:06pm | 469S&P Global Ratings assigned a "constrained" stability assessment to stablecoin issuer Tether (CRYPTO: USDT), raising concerns due to limited transparency in its reserve management and asset composition. What Happened: The firm's assessment of '4' reflects concerns over the...
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Crypto Market In Overdrive: Spot Trading Volumes Spike, Binance Web Traffic Soars
Monday, December 11, 2023 - 4:28pm | 477The cryptocurrency market experienced a notable surge in trading activities in November, with major exchanges seeing a substantial increase in both spot and futures trading volumes. What Happened: In an impressive month-over-month growth, spot trading volumes on major exchanges jumped by 60% in...
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It's 'The Most Hated Rally,' Market Analyst Says Of Bitcoin, Solana And Avalanche: Here's Why
Monday, December 11, 2023 - 11:48am | 459Institutional investors are waiting on the sidelines for more crypto regulations, according to the chief strategy officer of market intelligence firm CoinShares. Bitcoin (CRYPTO: BTC) has surged over 14% this week and hovering around $44,000, a stark contrast to its position in January. This...
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Decentralization Evolves, AI And Blockchain Merge: A16z Makes Predictions For 2024
Thursday, December 7, 2023 - 2:03pm | 348Venture capital firm a16z is predicting a future where blockchain technology is becoming more user-friendly and accessible. What Happened: According to its annual trend report, a16z is betting that developers will make it easier for people to use and interact with decentralized applications (dApps...
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Robinhood Debuts Crypto App In Europe With Free Commissions, Loyalty Program, Bitcoin Cashback
Thursday, December 7, 2023 - 11:07am | 558Robinhood Markets Inc. (NASDAQ: HOOD) is expanding its reach in the European Union by introducing its commission-free cryptocurrency trading service. This move comes just a week after the company launched its stock trading services in the UK. Starting Thursday, the app will enable European users to...