Author: Issac Lane
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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…
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China’s Bitcoin Reserves: Will Beijing Follow the US Playbook?
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US Moves Towards Strategic Bitcoin Reserve On 7 March, US President Donald Trump signed an executive order to establish a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile.” This move signifies a major policy shift, with the US government now treating Bitcoin as a long-term store of value rather than simply seizing and liquidating digital…
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Web3 Entrepreneur Nelson Paul Falls Victim to Sophisticated Cyber Attack, Losing Millions in Crypto and NFTs
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London, UK – March 7, 2025 – The Web3 and cryptocurrency community was rocked this week as Nelson Paul, a renowned Indian investor and entrepreneur, fell victim to a devastating cyber attack. Known on X as @nelsonpaul_tez, Paul suffered a staggering loss of over $1 million in digital assets, including rare and highly valuable NFTs…