Tag: Crypto
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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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Bitcoin Volatility Lull Could End Soon, Warns Derive
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Bitcoin (BTC) has been trading in a tight range, but a major price shift may be on the horizon, according to Derive, an AI-powered on-chain options platform. With volatility metrics hitting monthly lows, analysts warn that the current calm could soon give way to sharp price swings. Bitcoin’s Tight Trading Range Since March 12, Bitcoin…
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Trump-Backed Crypto Project WLFI Raises $590M—What’s the Catch?
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World Liberty Financial (WLFI), a cryptocurrency venture backed by Donald Trump, has stunned the market with a massive $590 million token sale. The project, wrapped in secrecy, has drawn attention due to its high-profile connections, including Tron founder Justin Sun, who injected $30 million to boost its momentum. With political and financial interests at play,…
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Crypto Exodus Hits Record $6.4B, but XRP Shines Amid Market Turmoil
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The crypto market witnessed a significant downturn last week, with outflows from exchange-traded products (ETPs) reaching an all-time high of $6.4 billion. Despite the widespread sell-off, XRP investment products defied the trend, recording fresh inflows and pushing total assets under management (AuM) to a new peak. US Leads the Crypto Sell-Off According to a recent…
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The Market Reacts to Crypto Whale’s Aggressive 50x Leverage
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A whale trader’s 50x leverage positions on Hyperliquid are generating significant market volatility, with recent actions influencing Bitcoin’s price dynamics. The whale’s strategy raises questions about liquidity and risk management on decentralized exchanges, garnering intense community scrutiny and a coordinated response to mitigate effects. Whale Takes $366 Million Bitcoin Short Position The “Hyperliquid 50x whale” has engaged in high-leverage…
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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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Bitcoin Rebounds to $82,700 as Traders Brace for US Inflation Data
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Bitcoin (BTC) rebounded to $82,700 on Wednesday, recovering 5.52% from recent losses as traders prepared for increased volatility ahead of the US Consumer Price Index (CPI) release. The crypto market, which has been under pressure due to macroeconomic uncertainty, is closely watching inflation data that could influence Federal Reserve (Fed) policy decisions. Bitcoin Recovers from…