Following today’s Bitcoin price rally and spike in new users Binance has temporarily suspended withdrawals for its users. Bitcoin price surged by more than 20% in minutes of world’s richest man’s mention of Bitcoin in his bio. The retail adoption in crypto is also witnessing rapid surge as interest growth for Crypto apps has spiked
The power of Elon Musk’s personal brand is just unfathomable! Minutes after Musk wrote Bitcoin in his Twitter bio, it has pushed the world’s largest cryptocurrency spirally upwards. In less than an hour, Bitcoin (BTC) price is up 20% moving past $37,000 levels. After days of slowdown, Bitcoin (BTC) price has finally catapulted out of
Coinbase, the largest US crypto exchange had earlier announced its plans of going public in the first quarter of 2021 and has finally come out with the details of its public listing. The exchange revealed that they would be opting for a direct listing in an official blog post. Coinbase, the biggest exchange for cryptocurrency
Dogecoin, the meme turned cryptocurrency became the Gamestop of the crypto world as its price surged over 800% to create a new ATH of $0.077. However, the price has cooled off since the news of a possible DoS attack surfaced. It seems like the #DogeCoin network is under a massive DoS attack amidst the 500%
World’s richest man Elon Musk recently updated his twitter bio and mentioned Bitcoin promoting the cryptocurrency among his followers worldwide. He also tweeted that this was inevitable indicating his interest in crypto space. In retrospect, it was inevitable — Elon Musk (@elonmusk) January 29, 2021 Elon Musk Joins Bitcoin, Crypto Community Welcomes the update Elon
Dogecoin rallies more than 500% to highs above $0.05 boosted by Reddit traders. DOGE attracts the real fear of missing out every time it spikes, other altcoins tend to rally as investors look for alternatives. Dogecoin out of nowhere rallied over 500% to hit levels above $0.5. The altcoin which began as a joke has
The cryptocurrency market is growing at a rapid pace and it can be a grueling challenge to keep up with the daily – or even hourly – prices. BeforeCoinMarketCap (BCMC), a new daily planning platform, aims to solve this problem by allowing users to find up-to-date information and prices of specific cryptos they are tracking.
Robinhood, the trading app went from being seen as the future of fintech platforms to Crony Capitalists apologist soon post its decision to halt Gamestop (GME) trading for retailers while allowing hedge funds to trade that led to multiple lawsuits and US Congress members calling for an investigation. https://t.co/AreM4goHg0 pic.twitter.com/CAoeOLKMgB — GameSpot (@GameSpot) January 28,
Ethereum resumes the uptrend following support at $1,200. Ether keeps investor interest at the peak with price projections between $1,500 and $3,000 in the near term. Ethereum must hold above the 50 SMA on the 4-hour chart to sustain the uptrend. Ethereum, the largest altcoin and the leading smart contract token has kept its investors
The Reddit group Wallstreetbets is now eyeing to short squeeze silver market, one of the heavily shorted markets with the majority of the short position bought by JP Morgan. The price of silver has already risen by 6% for the day and it seems the Redditors have started buying the Silver similar to GME stocks.
Robinhood has blocked Dogecoin [DOGE] trading on their platform amid soaring Dogecoin prices. The DOGE has already soared by more than 150% in last 24hrs and is currently trading above $0.02 at the time of reporting. The sudden decision to block the DOGE trading has led to an enormous backlash by the traders as Dogecoin
The wallstreetbets group is taking up on Silver [$SLV] as their next short squeeze target and $SLV price is already started rising breaking $26.5 at the time of reporting. It is to be noted that JP Morgan is among the largest silver short position holders and they may well be next Melvin Group. Big Short
Robinhood, the popular trading app has announced the delisting of popular Gamestop (GME) stocks after restricting its trade yesterday to sell only. The decision received heavy backlash from everyone especially the crypto community. What RobinHood did is truly disgusting. I hope that people leave that app in droves and they face enough lawsuits to put
In the latest development, Blockchain Advisory and Investment Firm Moonrock Capital announced its third incubation in a DeFi-powered prediction market named Polkamarkets. The announcement notes that the strategic sale is currently available open and interest for the same can be submitted at Polkamarkets’ official website. After the great success of $POLS & $XED, we are
Wallstreetbets, the infamous Reddit group is now calling for Short Squeezing the silver Bullion market, what many consider to be the most shorted asset in the trading market. The group moderators have now changed their access to private mode. Silver is currently heavily shorted and a majority of those short positions are bought by JP
Bitcoin’s price volatility is one of the key arguments used by critics against its use as a store of value, however, over the years, the price volatility has decreased significantly, so much so that institutions are using it as a treasury hedge asset. On the other hand, the traditional store of value Gold and Real
Will Bitcoin price surpass $40k again? Well, Scott Minerd, the CIO of Guggenheim Partners a financial service provider believes that the current institutional demand for bitcoin despite the hype is not big enough to sustain bitcoin price above $30,000. Minerd comments come just days after he predicted BTC price to follow to $20,000 levels as
The Dogecoin price pumped more than 40% in the last few hours wherein Satoshi Streets are attempting a similar move to GameStop stock (NYSE: GME) jumping more than 7x in just the last four trading sessions resulting in a massive short squeeze. The DOGE price shot all the way up to $0.013. The event is
The broader cryptocurrency market entered deep correction on Wednesday, January 27. Bitcoin (BTC) and Ethereum (ETH) entered sharp corrections turning the overall market sentiment negative with the overall market cap dropping below $900 billion. On a 24-hour chart Bitcoin again tested levels below $30,000 although it recovered again and is currently trading at $31,653 levels.