SUI Price Dips as Death Cross Warning Looms

SUI price has declined more than 3.5% in the last 24 hours, bringing its market cap to $13.4 billion, currently ranking it as the 14th largest crypto. Recent technical indicators paint a bearish picture, with the Chaikin Money Flow (CMF) turning negative and the Average Directional Index (ADX) signaling growing momentum within the ongoing downtrend. … Read more

Bitcoin’s Correlation With Nasdaq 100 Hits Two-Year High Amid Inflation Concerns

Trading patterns in equity markets reveal that investors are bracing for increased volatility as the latest U.S. inflation report is set to be released. Bitcoin Moving in Tandem With Tech Stocks The correlation between bitcoin and U.S. technology stocks has surged to a two-year high, underscoring how the equity market’s response to the upcoming U.S. … Read more

Bitcoin’s Uptrend May Continue Amid Declining Profit-Taking and Strong Demand

Bitcoin is surging in value, driven by strong market demand and decreasing profit-taking volumes, suggesting its upward trajectory continues unabated. In a surprising turn, the cryptocurrency has increased by over 1.76% in just one day, further igniting discussions about its market potential. Analyst Dan from CryptoQuant has highlighted that Bitcoin’s ongoing upward cycle is supported … Read more

Bitmex Settles for $100M in Money-Laundering Case After DOJ Allegedly Demanded $420M

Bitmex has been ordered to pay a $100 million fine after a protracted legal battle stemming from violations of U.S. money-laundering regulations. Bitmex Hit with Additional $100 Million Fine Over Bank Secrecy Act Breach In July 2024, HDR Global Trading Limited, the operator behind the Bitmex exchange, admitted guilt in contravening the U.S. Bank Secrecy … Read more