Tag: speculation
Bitcoin Traders Prepare for Turbulence Amid Futures Gap
As Bitcoin continues its rollercoaster ride, traders are nervously eyeing a phenomenon known as the “futures gap,” which has historically led to significant price movements in the cryptocurrency market. With prices hovering near critical levels, investors are bracing for potential volatility ahead.
Solana Price Pullback Sets Foundation for Future Rally
With the native token of Solana facing an enormous wave of supply, the market value of the SOL token dropped to 3% this week. With escalating global tensions and the BTC price back at $65000, altcoins might see a landslide. Despite the fall, the SOL price seems poised for a rebound, with a bullish pattern showing on the charts. Will the cryptocurrency reemerge over $200 after a breakout run, or will it sink below $150 as expected?
Bitcoin Encounters Resistance in Attempt to Surpass Critical Levels
Cryptocurrency markets, particularly Bitcoin, have recently become a battlefield. BTC is fighting a relentless effort to break through the important resistance level of $68,800. However, recent action has highlighted dangers below the $65,000 support level. What may be expected of Bitcoin’s price in the next few months?
Bloomberg Expert Says Ethereum ETF Approvals Are Overhyped Compared To Bitcoin
Crypto enthusiasts hoping for a game-changing Ethereum spot ETF debut may be disappointed, according to Bloomberg ETF expert Eric Balchunas. While the recent debut of various Bitcoin spot ETFs in the United States has been spectacularly successful, Balchunas believes a follow-up launch for Ethereum would be “small potatoes” in comparison to the original.
Solana Outage Blamed on BPF Loader Bug, Possible Manual Triggering: VanEck Analyst
VanEck analyst Matthew Sigel suggests a bug in the Solana network’s BPF loader, possibly linked to a prior SMID proposal, caused the recent outage. He further speculates about the possibility of manual triggering, though definitive evidence remains unavailable.
Tech Mogul Elon Musk’s Twitter Takes a Playful Turn Towards Dogecoin
Tech titan Elon Musk has taken a playful turn on Twitter by delving into the world of Dogecoin. This unexpected move by Musk, known for his ventures in electric vehicles and space exploration, has sparked curiosity and excitement among his followers.
Binance May List RON, Exchange Collects Token From Thousands of Wallets
Binance’s hot wallet tagged (0xb3…AFA3) has collected 137.8k RON from thousands of wallets since January 26th. This behavior has sparked speculation about Binance’s listing of RON, leading to a 15% increase in 24 hours. However, it is more likely that Binance is collecting funds from users who mistakenly deposited RON over the past few years, although this is debatable.
Bitcoin Transfers to Coinbase Trigger Speculations over Institutional Activity
Recent large Bitcoin transfers to Coinbase Institutional and significant outflows from Grayscale’s Bitcoin Trust have sparked speculation about institutional activity in the crypto market.
Celsius Network Moves Over $35 Million in ETH, Raising Unanswered Questions
Celsius Network, a prominent cryptocurrency lending platform, has transferred a substantial amount of Ethereum (ETH) worth over $1.2 billion, sparking speculation about the motivations behind the move and the ultimate destination of the funds.
Grayscale Trust Address Just Moved $1.366 Billion Worth of Bitcoins to Coinbase Prime
Grayscale’s on a Bitcoin bender! Three days, three Bitcoin blizzards, all funneled to Coinbase Prime during peak market hours. A total of 31,638 BTC ($1.366 billion) on the move – is this the ETF catalyst we’ve been yearning for, or a crypto heist in the making? Buckle up, folks, because the plot thickens faster than a blockchain block!