Arthur Hayes, the former BitMEX CEO, has sold off a big chunk of his family office fund’s holdings in the DeFi token PENDLE. He unloaded 1.59 million PENDLE for $5.62 million, taking a loss of $1.29 million. Hayes’s Explanation Hayes explained on X (formerly Twitter) that his fund, Maelstrom, reduced its PENDLE position to free…
Genesis, the bankrupt crypto lending firm, is on the move again. They’ve reportedly transferred a massive amount of Ethereum (ETH) – nearly $360 million worth – to another wallet. Blockchain sleuths at Arkham spotted the transfer. They believe the original wallet belongs to Genesis Trading: Bankruptcy Distribution, but the receiving wallet might also be linked…
A popular crypto analyst is predicting big things for Sui (SUI), a new blockchain platform that’s being called a “Solana killer.” He believes SUI is on track to reach new all-time highs, potentially even before Bitcoin. Sui’s Rise The analyst, who goes by the name Bluntz on social media, says SUI’s recent surge in price…
The crypto world is about to get a whole lot more exciting. The SEC just approved options on BlackRock’s Bitcoin ETF, and one expert thinks it’s going to be wild. Options Unleash New Possibilities Jeff Park, head of alpha strategies at Bitwise, says this approval is a huge deal for Bitcoin. Options allow investors to…
Bitcoin has been looking pretty good lately, and some experts think it’s about to take off. A Big Jump is Coming Captain Faibik, a crypto expert, believes Bitcoin is on the verge of a major rally. He sees a pattern called a “Broadening Wedge” forming on the charts, which suggests a breakout is coming. He…
Bitcoin has been on a roll lately, surging over 11% since Tuesday after the Federal Reserve announced a rate cut. This news gave investors a boost, pushing Bitcoin past the $60,000 mark – a psychologically important level that signaled a shift in market sentiment. Bitcoin Liquidity Above $65,000 Now, Bitcoin is testing new highs, and…
The crypto market is buzzing with excitement as September comes to a close. While the third quarter saw some major crashes, including for Shiba Inu, the meme coin is showing signs of recovery. Could this be the start of a major rally? A Bullish Prediction According to a machine learning algorithm, Shiba Inu could see…
The crypto market is wild, but that also means huge opportunities for those in the know. With a bull market on the horizon, investors are searching for the next big winners. Here are three altcoins that are looking especially promising for explosive growth: Solana (SOL): The Speed Demon Solana has proven itself as one of…
A big-time Ethereum investor, nicknamed a “Diamond Hand” whale, just moved a whopping 15,000 ETH to a major exchange. This move has everyone in the crypto world talking. The Whale’s Moves This anonymous whale transferred their ETH to Kraken, a popular crypto exchange. They’re known for holding onto their coins for a long time, no…
A popular crypto analyst, known as Altcoin Sherpa, is predicting good things for AI-focused altcoins. He’s particularly bullish on Bittensor (TAO), saying it’s showing a clear upward trend after breaking out of its long-term trading range. Bittensor (TAO) “TAO never dropped to the range low,” Sherpa said on X (formerly Twitter). “Expansion and clear bull…
