Bitcoin open interest goes meteoric; traders now warn of a ‘whipsaw’
Bitcoin’s OI jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event.
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Tom Lee’s Bitcoin Misery Index Hits Highest Value Since 2016 in Possible Bull Signal
Wall Street strategist and co-founder of Fundstrat Global Advisors Thomas Lee revealed on April 11 that his “Bitcoin Misery Index” (BMI) recently hit its highest figure since June 2016. He suggested the data could be a good or a bad sign.The BMI — which Lee designed with the aim of informing investors of how “miserable”…
Dogwifhat falls out of top 50, tumbles 38% over past 7 days
Dogwifhat saw the steepest 7-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins.
Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit
The hackers made away with a mix of over 20 tokens that includes altcoins such as BNB, Safemoon, BSC-USD and BPay. 3276 Total views 39 Total shares Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains.The $200 million Bitmart hack was…
Only 43% of users qualified for Hamster Kombat’s season 1 airdrop
The Hamster Kombat team said that 2.3 million users were banned from the game for cheating.
SEC faces accusations of contradiction in Coinbase rulemaking dispute
XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year. In the ongoing legal dispute between Coinbase Global Inc. and the U.S. Securities and Exchange Commission (SEC), the XRP holder’s lawyer, John Deaton, has accused the SEC’s
Bloomberg analyst tips bullish BTC recovery in next six months
The price of BTC could be set for a bullish rebound this year, says Bloomberg’s senior commodity strategist Mike McGlon, as the market shows similar signs to the bottom of 2018. 224 Total views 19 Total shares Bloomberg’s senior commodity strategist Mike McGlone is tipping that the price of Bitcoin (BTC) will rebound in the…
Pomp Says Unemployment Has Risen Faster Than in the Great Depression
Anthony Pompliano said recent unemployment has surged faster than the U.S. saw during the Great Depression, but what does that mean for crypto? 481 Total views 14 Total shares Morgan Creek Digital co-founder Anthony Pompliano, also known as Pomp, jumped on a YouTube livestream on July 18, talking about the current economic state and its…
Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity
President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation.