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Neutral in the short-term, bullish in the long-term. With that view in mind, pro traders explain that a certain “player versus player” mindset is at play in the crypto market this month.
Michael Saylor, executive and former MicroStrategy CEO, hinted at another Bitcoin purchase via a cryptic tweet. Saylor posted a screenshot referencing the “next green dot” on the Saylortracker chart, where each dot represents a Bitcoin (BTC) acquisition. The suggestion comes as MicroStrategy’s Bitcoin holdings reach 447,470 BTC, currently valued at $42.24 billion. The company’s most … Read more
On Jan. 12, 2025, bitcoin’s price has been drifting within the $95,000 range, while market participants on prediction platforms such as Kalshi and Polymarket are placing their bets on its future trajectory. Currently, a Polymarket wager suggests a 12% likelihood that bitcoin could climb to $120,000 by the close of the month. Kalshi and Polymarket … Read more
CoinsDo Wallet has alerted its users about fraudsters using fake emails and websites to impersonate them. This warning comes amidst a surge in cryptocurrency-related crimes. As concerns over security grow, many are turning to secure crypto wallets like Plus Wallet for reliable protection. Plus Wallet offers users cross-chain capabilities, unlimited rewards, and the assurance of … Read more
XRP’s $2.60 press time price level saw heavy short positions, raising concerns about a possible squeeze Market makers may exploit concentrated leverage, triggering liquidations, and driving XRP’s price higher Recent developments in XRP have raised concerns about a potential liquidity trap for short sellers. With a significant number of short positions open around the $2.60-price … Read more
Although World has reached a significant milestone, regulatory headwinds across jurisdictions remain a challenge for the project.
PeckShield’s latest analysis reveals a troubling spike in crypto-related security breaches in 2024 alongside a bull market. Despite the grim statistics, recovery efforts have managed to reclaim hundreds of millions in stolen assets. Crypto Losses in 2024 PeckShield’s 2024 Crypto Security Annual Report reveals that the year witnessed a resurgence in crypto-related breaches, with total … Read more
The broader market pullback has seen Ethereum, trading at the price of $3,253, drop close to 1% in the last 24 hours. However, crypto Analyst Ali Martinez is bullish on Ethereum, maintaining that even after the recent bearish trend, Ethereum can still hit $7,000 in the long term when it retraces to $2,900. Martinez says … Read more
FTX, the cryptocurrency exchange in the spotlight, has announced a comprehensive schedule for disbursing a total of $16 billion to its creditors. Initial disbursements are projected to commence in early February, with a focus on prioritizing smaller creditors as outlined in the recent plan approved by the court. When Will Payments Begin?How to Ensure Payment … Read more