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‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1
18.5.2024
Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Gold Trust units, a closed-end fund that...
Bitcoin Hits $67K, Leading to $45M in Short Position Liquidations
17.5.2024
The price of bitcoin surpassed the $67,000 mark on Friday, reaching a peak of $67,482 per unit, the highest value since late April. This increase has resulted in the liquidation of nearly $45 million in leveraged bitcoin short positions over the past day. $120M in Crypto Positions Liquidated...
Bitcoin: analysts predict short-term jump before a downturn
17.5.2024
As per the consensus among analysts, the forecast for Bitcoin indicates that it will undergo a transient upswing prior to a downturn. According to Ali, a prominent cryptocurrency analyst, caution should be exercised when selling Bitcoin. He further emphasizes this by using his TD sequential...
Best Crypto to Buy Now May 17 – Arweave, Hedera, THORChain
17.5.2024
As major cryptocurrencies look to end the week on a strong footing, with Bitcoin (BTC) looking to push above a key short-term resistance zone, traders are parsing through their options in the altcoin market that might be the best crypto to buy now.
The post Best Crypto to Buy Now May 17 – Arweave...
Over 50,000 Traders Liquidated as Bitcoin Price Surges Past $66,000 Amid Bullish Run-Up
15.5.2024
On Wednesday, the price of bitcoin demonstrated strong growth, escalating by more than $4,200 from its daily low. This 7.1% increase against the U.S. dollar propelled bitcoin past the $66,000 threshold, reaching a peak of $66,461 per coin on Bitstamp. Consequently, the entire cryptocurrency market...
Worldcoin Turns Red: WLD Price Falls 18% as Money Shifts to Competing AI Project
15.5.2024
Worldcoin ($WLD), the blockchain project helmed by OpenAI’s Sam Altman, has fallen nearly 20% in the last two weeks and 6.4% overnight despite other leading cryptocurrencies posting green candles. The WLD token currently trades for $4.83. That’s 59% short of its all-time high (ATH)...
Halving Impact and Macro Shifts Create Tailwinds for Bitcoin
15.5.2024
Despite the drop in bitcoin’s price since April’s halving, there are still plenty of reasons to be bullish about BTC and crypto, says Paul Marino, Chief Revenue Officer at GraniteShares
The Ethereum Staking Opportunity
15.5.2024
The market is just beginning and there’s a lot of room for growth, says Eliezer Ndinga, Head of Strategy and Business Development for Digital Assets at 21.co. Here’s what could drive the market
GameStop tops Bitcoin's yearly gains in one day — Will GME spark an altcoin rally?
14.5.2024
Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself?
PlayStation 5 Sales Fall Short Of PS4, Even As Helldivers 2 Breaks Records
14.5.2024
Sony sold over 20 million PlayStation 5s in its last fiscal year, an impressive number that nevertheless failed to hit its original goal of 25 million, and even missed its revised target of 21 million consoles sold. The latest numbers make it clear that the next-gen hardware will probably never...
Roaring Kitty Returns: Solana Meme Coin Skyrockets, Another Dog-Coin Primed to Explode Next?
13.5.2024
Roaring Kitty, the pseudonym of the trader who gained fame for his role in the GameStop short squeeze of 2021, is back, and so is the rise in GME’s stock price. As if revisiting the start of 2021, markets have turned bullish with the return of this retail investor icon. Responding swiftly...
GameStop's Meme Stock Explodes Again After YouTuber Roaring Kitty Returns
13.5.2024
It’s been three years since GameStop’s stock originally exploded during the pandemic as big-time investors capitalized on an internet feud between deep-pocketed hedge funds and very online Redditors. Now the meme stock is back for round two after Roaring Kitty, AKA Deep Fucking Value, AKA Keith...
GameStop Wants You To Start Trading In Your Valuable Pokémon Cards
10.5.2024
The market for high-end collectibles like rare Pokémon cards has exploded in recent years, and GameStop seems to want a piece of it. The gaming retailer told some store managers this week that it would begin testing buying Professional Sports Authenticator (PSA) graded trading cards later this...
Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
10.5.2024
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood
Vitalik looks for backing of short term wallets on Ethereum
9.5.2024
The Co-Founder of Ethereum, Vitalik Buterin, came out with a fresh Ethereum improvement proposal (EIP) that intends to adjust with the builder’s contrasting methods of account takeaway in forthcoming hard forks. EIP-7702 comes after EIP-3074, which was appropriate for acceptable...
Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
9.5.2024
If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated
Restaking Is Hot in Ethereum and Entering Solana. Should We Worry?
8.5.2024
The Lehman Brothers-driven global financial crisis of 2008 showed the danger of spreading money around too much
Stablecoin Surge: Tether's Headroom for Growth
8.5.2024
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish
What Technical Analysis Tells Us About the Bitcoin Market
8.5.2024
The recent downturn in BTC may have some way to travel, according to Katie Stockton, Managing Partner of Fairlead Strategies
New Twitter Trend Highlights Incredible Indie Games And Their Inspirations
8.5.2024
The first step to a video game becoming a success is finding the right audience. And while that’s easier for AAA games backed by big companies with equally big marketing budgets, indie games have a harder time getting the word out to the right players. This is why a new trend on X (formerly...