Author: Issac Lane
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Crypto Markets Under Pressure Amid Trade Wars and Fed Policies
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Global Tariff Concerns Weigh on Markets Cryptocurrency and traditional financial markets are expected to remain under pressure until at least early April due to ongoing global trade tensions, according to analysts at Nansen. Bitcoin (BTC) has dropped over 17% since US President Donald Trump announced new import tariffs on Chinese goods on 20 January, the…
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Crypto Market Faces Pressure Amid Trade Wars, Tether Seeks Audit, and Tornado Cash Delisted
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Markets Under Pressure Until April Amid Trade Concerns Despite several positive developments in the crypto sector, global tariff concerns are expected to weigh on the market until at least April, according to Nicolai Sondergaard, a research analyst at Nansen. Sondergaard suggests that risk assets may struggle to find clear direction until the tariff-related uncertainties are…
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Bitcoin Price Capped at $87,500 Due to Whale Manipulation, Analysis Suggests
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Bitcoin’s recent price action has been constrained by large-volume traders, with analysis indicating that one or more whales are preventing the cryptocurrency from surpassing $87,500. Bitcoin Faces Resistance Amid Whale Activity Bitcoin (BTC) has maintained support above $80,000 for over a week, reaching a two-week high of $87,500 on 20 March. However, market observers suggest…
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Crypto Market Update: Coinbase Leads Ethereum Staking, Solana CEO Apologises for Ad Controversy, and XRP Wins Legal Battle
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Coinbase Becomes Ethereum’s Largest Node Operator Coinbase has emerged as the largest node operator on the Ethereum network, now controlling 11.42% of the total staked Ether, according to the company’s latest performance report. The crypto exchange revealed it has staked 3.84 million Ether (ETH), valued at approximately $6.8 billion, with its validators. As of 3…
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Crypto Market Surges as Fed Maintains Interest Rates
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Market Capitalisation Rises Amid Stock Market Gains The cryptocurrency market experienced a strong surge on March 20, with its total market capitalisation rising by approximately 3.2% in the last 24 hours to reach $2.8 trillion. Leading the gains were Bitcoin (BTC) and Ether (ETH), which saw increases of around 3% and 4%, respectively. The market’s…
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Dogecoin Millionaires Buy the Dip as DOGE Eyes 30% Rally
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Dogecoin (DOGE) has suffered a significant decline, dropping over 70% since reaching its peak of $0.48 in December 2024. Despite this downturn, the wealthiest DOGE holders have been accumulating tokens during the dip, suggesting confidence in a potential rebound. Onchain Data Signals Possible Price Recovery Onchain metrics from Santiment indicate that wallets holding at least…
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Bybit CEO on ‘Brutal’ $4M Hyperliquid Loss: Calls for Lower Leverage as Positions Grow
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Bybit CEO Ben Zhou has weighed in on the recent $4 million loss suffered by decentralized exchange (DEX) Hyperliquid, highlighting the challenges faced by both decentralized and centralized exchanges when handling high-leverage trades. $4M Loss from High-Leverage Ether Trade On 12 March, a crypto trader managed to secure $1.8 million in profits while forcing Hyperliquid’s…
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Bitcoin Price Surges Past $82,000 Amid Bullish Technical Indicators
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Bitcoin (BTC) has surged above the $82,000 mark, gaining 5% in the past 24 hours. The cryptocurrency rallied from a local low of $76,450 to reach a high of $83,786 on March 12, following strong bullish technical signals across multiple time frames. Key Support from 50-Week EMA On the weekly chart, Bitcoin successfully retested its…
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XRP Faces Potential Drop as Bulls Defend Key Support at $2.00
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XRP’s price recovery from its recent low of $1.94 has provided some relief to investors, but the cryptocurrency remains under pressure as it struggles to break key resistance levels. Despite its recent rally, XRP risks further declines unless bulls manage to hold the critical $2.00 support level. XRP’s Key Levels in Focus XRP has been…
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Crypto Firms Spend $134M on 2024 US Elections, Raising Influence Concerns
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Cryptocurrency companies poured more than $134 million into the 2024 US elections, sparking concerns over their growing political influence and the potential risks this poses to regulatory stability, according to a report by the Center for Political Accountability (CPA). Growing Influence of Crypto in Politics The increasing involvement of crypto firms in US politics has…