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As Bitcoin, Ethereum Correct, $340M In Long Positions Liquidated: Peter Schiff Says King Crypto 'Getting A Bigger Beatdown Than The Eagles'
Sunday, December 10, 2023 - 11:50pm | 576The cryptocurrency market has witnessed the liquidation of over $340 million longs in the last 24 hours. What Happened: Leading the pack in the liquidation spree, Bitcoin (CRYPTO: BTC) long positions suffered a $94 million wipeout, closely followed by Ethereum’s (CRYPTO: ETH) $80 million...
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Top Crypto Analyst Willy Woo Makes Bull And Bear Cases For Bitcoin
Sunday, December 10, 2023 - 11:10am | 557In a recent post on the social media platform X, crypto analyst Willy Woo highlighted the bull and bear cases for Bitcoin (CRYPTO: BTC), amid the apex crypto's recent bull run. What Happened: On Friday, Willy Woo highlighted the bull and bear cases for Bitcoin, as the past month...
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If Bitcoin Breaches This Mark, It Could Become 'Very Unstable,' Says Crypto Analyst
Tuesday, December 27, 2022 - 10:12am | 418Crypto analyst Willy Woo has warned that if Bitcoin (CRYPTO: BTC) reaches above $1 million, it could become “very unstable.” His comment comes in response to a statement made by Ark Invest CEO Cathie Wood, who predicted Bitcoin to reach $1 million by 2030. What Happened: According...
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GBTC Sellers Buying Bitcoin As Genesis Bankruptcy Fears Grow, Says Crypto Analyst
Tuesday, December 6, 2022 - 7:16am | 400Popular analyst Willy Woo said that the fear of Genesis going bankrupt is one of the major factors retail investors are selling Grayscale Bitcoin Trust (OTC: GBTC) shares. What Happened: On Monday, Woo tweeted that the pessimistic attitude surrounding GBTC has been favorable for Bitcoin (...
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Bitcoin, Ethereum See $207M Weekly Outflows As Institutions Turn Bearish On Crypto
Wednesday, January 12, 2022 - 11:31am | 392Outflows from digital asset investment products hit a weekly record of $207 million as market sentiment remains bearish. What Happened: According to CoinShares Digital Asset Fund Flows weekly report, Bitcoin (CRYPTO: BTC) alone saw outflows of $107 million over the week, while Ethereum (CRYPTO...