Get ready for another chapter in the Bitcoin saga. The world’s most popular cryptocurrency recently shattered records, reaching a staggering $73,750. This surge has ignited a firestorm of speculation: could Bitcoin breach the elusive $75,000 mark, or is this just another peak before a potential correction? Fueled by a wave of mainstream acceptance and institutional […]
The recent rally that propelled Bitcoin (BTC) above $73,000 appears to be fading, with the cryptocurrency now hovering around $66,000. This shift in momentum coincides with a significant increase in short bets placed by hedge funds on Bitcoin futures contracts. Data from the Commodity Futures Trading Commission (CFTC) reveals that leveraged funds, which include hedge […]
The aroma of a potential windfall is wafting through online communities as Reddit’s much-anticipated Initial Public Offering (IPO) inches closer. This excitement isn’t limited to Reddit’s core business model; it’s spilling over into the realm of cryptocurrency, specifically fueling a surge in two Reddit-based tokens: Moons (MOON) and Donuts (DONUT). Moons and Donuts have been […]
Bitcoin, the granddaddy of cryptocurrencies, is back above the $52,000 mark, marking a significant milestone in its volatile journey. But this latest surge isn’t just about any investor; data suggests it’s fueled by a specific group – Uncle Sam’s own. Analysts are pointing to two key indicators suggesting a surge in U.S. interest in Bitcoin: […]
In a move that further deepens the rift between major cryptocurrency exchange Binance and US regulators, a US judge has denied CEO Changpeng Zhao (CZ) permission to travel for the second time. This latest development comes amidst an ongoing lawsuit filed by the US Commodity Futures Trading Commission (CFTC) against Binance, accusing the exchange of […]
