Bitcoin is currently hanging on by a thread, just above a key support level. Any small dip could trigger a huge wave of selling, sending the price crashing down. Big Money Moving: Data from Santiment, a company that tracks Bitcoin activity, shows that over 30,000 Bitcoins, worth around $1.83 billion, have been moved to crypto…
A well-known trader, Peter Brandt, is raising concerns about Bitcoin’s future. He thinks the cryptocurrency could be in for a major crash, potentially dropping by 75%. Why a Crash Could Be Coming Brandt points to a historical pattern in Bitcoin’s price movements. He noticed that whenever Bitcoin fails to reach a new all-time high within…
Bitcoin has been struggling lately, with prices dropping from around $66,000 in October. While it’s bounced back a bit, buyers need to show some serious strength to push prices higher. Whales Are Buying Big One interesting thing happening is that big Bitcoin investors, called whales, are accumulating a lot of coins. In the last six…
Former FTX executive Ryan Salame is about to start his 7.5-year prison sentence, and his way of preparing has the crypto community buzzing. A LinkedIn Update for the Ages Salame took to LinkedIn to announce his new “position” as an inmate at FCI Cumberland. He even updated his profile to include “cleaning and whittling” as…
The crypto market has been a bit shaky lately, with Dogecoin (DOGE) taking a hit along with other altcoins. But while DOGE is slowly recovering, investors are looking for something with more potential for big returns. Enter RCO Finance (RCOF), a new presale altcoin that’s generating a lot of buzz. Why RCOF is Stealing the…
Bitcoin has been on a rollercoaster ride lately, dropping below $60,000 and leaving investors wondering what’s next. Some think it’s a buying opportunity, while others are worried about a bigger crash. Whales Are Buying, But What Does It Mean? But here’s something interesting: Big Bitcoin players, known as whales, have been buying up a ton…
Ethereum’s price is stuck in a narrow range, bouncing between $2,300 and $2,800. While some investors are optimistic about future price increases, uncertainty hangs in the air. A Lifeline at $2,300? Ethereum has taken a hit, dropping over 50% from its July peak and struggling to break through the $3,500 resistance. But there’s a glimmer…
Ethereum has been stuck in a range between $2,350 and $2,500 for the past week. This sideways movement has left many investors unsure about what’s next for the cryptocurrency. A Critical Price Point: $2,250 Crypto analyst Ali Martinez has identified a crucial price point for Ethereum: $2,250. This level, according to Martinez, could be the…
People are pulling their money out of traditional banks and putting it into money market funds. That’s the latest news from the Federal Deposit Insurance Corporation (FDIC). In the last three months, bank deposits have dropped by a whopping $197.7 billion! That’s a 1.1% decrease, and it’s a big change from the first quarter of…
JPMorgan Chase had a surprisingly good third quarter, sending its stock price up nearly 5%. The bank’s net interest income (NII) – the money they make from loans and investments – actually increased by 3%, exceeding analysts’ expectations. This was fueled by higher investment banking fees, which helped boost earnings per share to $4.37, well…
