The outage caused unbridled speculation over the cause on social media, with opinions ranging from retail entering the market to the exchange getting hacked. Coinbase is experiencing technical issues that have degraded site performance and caused many users to see a zero balance on their accounts. The exchange’s website and app are both down as…
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In Brief Litecoin’s (LTC) price has traded without volatility for the past two months but bounced last week. The weekly and daily time frame readings are both bullish, supporting the continuing of the increase. Despite the bullish LTC price prediction, failure to break out from the triangle can catalyze a decrease. The Litecoin (LTC) price…
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Advanced AI models, algorithms, and GPU/CPU technologies offer new hopes for recovering billions of dollars of lost digital assets through innovative decryption strategies. As the crypto market’s capitalization has grown, the diversity and complexity of assets also increase. This growth, supported by advanced technology and innovations, also increases the number of lost or inaccessible assets.…
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Spot Bitcoin ETFs amass $10 billion in AUM in five weeks, marking a pivotal shift in crypto market dynamics. Aligned within a year of its three halving events, Bitcoin had three major bull runs in its 15-year history. After each one, in 2013, 2017 and 2021, Bitcoin price typically drops significantly until the next one. However, the…
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In Brief Billionaires like Zuckerberg, Buffett, and Bezos are selling off tech stocks, raising questions about crypto investments. Despite these sales, the importance of strategic portfolio management and research remains critical for crypto investors. The upcoming Bitcoin halving as explained by Michaël van de Poppe could influence the market leading to a correction. The financial…
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Quick Take Recent data identified by HODL15Capital shows a shorting trend in the Bitcoin market, with leveraged positions potentially leading to approximately $1 billion of liquidations between the $52,400 and $53,000 mark. As Bitcoin stabilizes around $52,000, the Binance BTC/USDT pair, using the Coinglass Liquidation Heatmap, reveals substantial leverage above this level. Over the past…
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Massive Bitcoin movement: Over 18,000 BTC withdrawn from Coinbase, impacting exchange balance significantly. Quick Take Data unveiled during Asia hours from Coinbase revealed a sizable withdrawal of over 18,000 Bitcoin, as confirmed by Arkham Intelligence, Glassnode, and Coinglass. This substantial outflow of nearly $1 billion has significantly influenced Coinbase’s exchange balance. The funds have been…
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In Brief The SUI blockchain’s TVL has soared to $593 million, eclipsing Cardano, which is driven by a $310 million influx over the past month. SUI’s native token has mirrored the blockchain’s TVL, witnessing a 131% increase, highlighting rapid adoption and technological trust. Despite the surge, analysts like Trader XO and Adrian Zduńczyk have expressed…
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In Brief Forbes announces entry into The Sandbox metaverse, marking a significant step into Web3 and digital real estate. Plans to establish a community hub for interaction, engagement, and collaboration within The Sandbox metaverse. The media giant will include a luxurious pool, an elegant bar, and a gallery, aiming to create an engaging environment. Forbes…
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In Brief Miles Deutscher offers 16 trading tips to navigate the volatile cryptocurrency market, emphasizing simplicity and conviction. He advises favoring new coins and viewing corrections as buying opportunities, aligning with insights from other analysts. Deutscher stresses emotional management, recommending a conservative approach and strategic exits to maximize returns. Technical analyst Miles Deutscher unveiled 16…
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