[ad_1] On Wednesday, online reports unveiled that hundreds of Ethereum wallets that had been dormant for over 3 years were moving large amounts of ETH. The wallets were believed to have moved $2 billion worth of ETH linked to a $4 billion crypto scam. Investors worried that another massive dump would affect the market’s recovery. However, further details revealed that the initial ETH amount suspected to be moving was considerably smaller. Related Reading 3-Year-Old Dormant Ethereum Wallets Awaken On-chain tracking firm Lookonchain reported that hundreds of Ethereum wallets started to move considerable amounts of ETH earlier today. In a now-deleted…
Author: dfrancis36
[ad_1] As visible from their daily chart performances, Bitcoin, Ethereum, and other top altcoins are not free from bearish pressures. Bitcoin and Ethereum, despite being the most liquid, are still down double digits in the past trading week. As bulls push higher, traders closely monitor how prices will react at immediate liquidation zones. Institutions Choosing Ethereum Over Bitcoin? Amid this, one analyst noticed that though the focus has been on Bitcoin, considering its role in crypto as the top coin and a base currency of most crypto pairs, there is movement in Ethereum. Sharing spot ETF flows of the past…
[ad_1] Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become…
[ad_1] Louise Bedford | Trading Game| FMPS:24 Speaker Interviews Louise Bedford | Trading Game| FMPS:24 Speaker Interviews Louise Bedford | Trading Game| FMPS:24 Speaker Interviews Louise Bedford | Trading Game| FMPS:24 Speaker Interviews Louise Bedford | Trading Game| FMPS:24 Speaker Interviews Louise Bedford | Trading Game| FMPS:24 Speaker Interviews We had the pleasure to meet and interview bestselling author, trading expert and founder of the Trading Game, Louise Bedford and discuss her upcoming speaker sessions at the Finance Magnates Pacific Summit 2024. With over 30 years of trading experience, Louise shares insights on investing psychology secrets and emphasizes the importance…
[ad_1] Bitcoin‘s recent price recovery has triggered renewed optimism within the community regarding the crypto asset’s short-term prospects, with several analysts predicting an imminent price surge for BTC. Following the market redemption, Ki Young Ju, the Chief Executive Officer (CEO) of leading on-chain data provider, CryptoQuant, has reassured crypto investors that the Bitcoin bull market is still active, suggesting a potential price uptick in the upcoming months. The CryptoQuant CEO and founder, Ki Young Ju, expressed his positive perspective toward Bitcoin after investigating several bullish and bearish on-chain performances of the crypto asset. Bitcoin Poised For Gains As Bull Market…
[ad_1] XRP is currently trading slightly above the $0.50 price level, having experienced a significant price decline that erased most of its gains from the previous month. XRP managed to break through the $0.60 price level in a rally last month, although this surge was short-lived, lasting only a few days. Despite this setback, crypto analyst Javon Marks notes that there are still bullish divergence patterns present in the market, suggesting that another breakout could be on the horizon. These patterns indicate potential upward momentum, hinting at a possible recovery and a very optimistic price surge to new all-time highs.…
[ad_1] On Wednesday (yesterday), District Judge Analisa Torres of the Southern District of New York ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future violations of securities laws. This decision follows a finding that Ripple’s 1,278 institutional sale transactions breached securities regulations.Judge Reduces SEC PenaltyThe fine of $125.035 million is significantly lower than the $1 billion in disgorgement and prejudgment interest and the $900 million in civil penalties sought by the SEC. This decision follows Judge Torres’ July 2023 ruling, which determined that Ripple’s direct sales of XRP to institutional clients violated federal securities…
[ad_1] Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become…
[ad_1] A Bitcoin cycle indicator from the analytics firm CryptoQuant suggests BTC has gone through a transition to a bearish phase after the crash. CryptoQuant’s Bitcoin Bull-Bear Cycle Indicator Now In Negative Territory In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed the latest development in the “Bull-Bear Market Cycle Indicator” devised by the analytics firm. This metric is based on CryptoQuant’s P&L Index, which itself is a unification of a few different popular on-chain indicators related to unrealized and realized profit/loss. The P&L Index basically serves as a way to determine if BTC is…
[ad_1] Over the past few days, Bitcoin (BTC) has seen a significant surge in whale accumulation. Ali highlighted that the “number of BTC addresses holding 100+ BTC increased from 15,913 to 16,006 during the recent correction. While this trend is noteworthy because it suggests whales bought the dip, Ki Young Ju, the CEO of CryptoQuant, an on-chain data aggregator, has spotlighted that it also suggests a calculated buildup of Bitcoin by influential players in the shadows. The Hidden Bitcoin Agenda Revealed Ki Young Ju’s observations stem from his analysis of Bitcoin transactions over the last month, revealing a massive shift of…