FTX is finally starting to pay back its creditors – over two years after it went bankrupt! The first payments are going out today, February 18th, to smaller creditors (those owed $50,000 or less). This initial payout totals around $1.2 billion, including interest. The Payout Breakdown and Market Impact Larger creditors will have to wait…
A seasoned market analyst, CRYPTO₿IRB, predicts that Bitcoin might see one final significant drop before skyrocketing to a price exceeding $273,000. Here’s a breakdown of his reasoning: Bull Market Indicators CRYPTO₿IRB points to several positive long-term trends suggesting a bullish market: Moving Averages: Both the 200-week and 50-week moving averages are climbing, indicating a positive…
A small Hong Kong company, HK Asia Holdings, made headlines recently. They bought just one Bitcoin, and their stock price exploded! A Single Bitcoin, a Massive Stock Jump On February 13th, HK Asia Holdings announced their symbolic Bitcoin purchase. Between February 13th and 17th, their stock price skyrocketed by a whopping 93%! It hit 5.50…
Bitcoin’s been unusually calm lately, trading between $91,000 and $109,000 since November 2024. This low volatility could mean a big price swing is coming – either up or down. With some positive market sentiment (thanks partly to friendlier crypto regulations), a Bitcoin surge seems likely, and when Bitcoin moves, other cryptos often follow. Here are…
Cardano is getting a serious speed upgrade thanks to a new innovation called Ouroboros Leios. This could make it one of the fastest cryptocurrencies around. How Ouroboros Leios Works The brains behind this are Input Output Global (IOG). They’ve added two new types of blocks to Cardano’s existing system: Input Blocks: These handle transactions super-fast,…
Ethereum’s price is teetering, and its performance is impacting the entire altcoin market. The situation is precarious, and experts are watching closely. Ethereum’s Price Struggle Ethereum is struggling to break above $2,800, facing significant selling pressure. It’s currently hovering around crucial support levels, leaving investors nervous. The overall crypto market is mixed, with Ethereum lagging…
Ethereum’s price has been stuck below $2,800 for a while now, leaving many investors feeling pessimistic. Analysts are divided, with some predicting further price drops. But there’s a glimmer of hope… A Rare Buy Signal Appears Crypto analyst Ali Martinez spotted something interesting: a “buy” signal on Ethereum’s weekly chart using the TD Sequential indicator….
A popular crypto analyst is sharing their predictions for several cryptocurrencies, including XRP, Avalanche (AVAX), Dogecoin (DOGE), and Pepe (PEPE). XRP: Breakout Potential? The analyst believes XRP is forming a “cup and handle” pattern, a bullish signal suggesting a price increase is imminent. They predict a potential breakout if XRP surpasses $2.80, potentially leading to…
JPMorgan Chase employees are pushing back against CEO Jamie Dimon’s new policy requiring a full five-day return to the office. They argue that the mandate is a step backward and harms employees, customers, and the company’s reputation. A Petition Gains Traction A petition on CoWorker.org, which has already garnered nearly 1600 signatures out of a…
Institutional investors pulled the plug on their 19-week crypto buying spree, marking a significant shift in the market. Billions In, Millions Out CoinShares reported that last week saw a massive $415 million outflow from crypto investment products. This follows a record-breaking 19-week period where institutions poured a staggering $29.4 billion into the market—significantly surpassing the…
