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Bitcoin Bulls Advance Price, Face Resistance at $64K


The price of bitcoin (BTC) hit an intraday peak of $63,794 on Monday, reflecting a 2% gain against the U.S. dollar in the past 24 hours. Currently, BTC is trading at $63,070 per unit. The day’s upward movement led to $124.64 million in crypto short and long liquidations, with bitcoin shorts...

Shiba Inu price eyes higher ground after massive token burn


Shiba Inu ($SHIB) is up 1.10% in the last 24 hours; however, it could be an understatement. The token is poised to inch a lot higher in the days to come. This stems from the recent revelation by Shibburn wherein the tracker stated that over 900 million SHIB tokens were burnt in June 2024. This...

The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?


As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple top, potentially exceeding $90,000. However, reaching...

Unlocking Value: Fair Price Discovery, the Role of Market Makers


Getting a token from inception to market is no mean feat and more often takes years of planning and commitment. Achieving fair price discovery and stability requires just as much commitment and energy. Generally speaking, market makers categorize the token pricing journey into four main phases:...

Barstool’s Dave Portnoy Plans Major BTC Buy if Price Drops to $40,000


American businessman Dave Portnoy, the founder and owner of Barstool Sports, announced that if bitcoin drops to the $40,000 range, he will invest $5-10 million worth of BTC using Barstool funds. Portnoy stated that while he personally owns BTC, he wouldn’t use Barstool money to buy at...

Bank of America Forecasts Gold Reaching $3,000 in the Next 18 Months


Earlier this week, Bank of America analysts revealed that gold might reach $3,000 in the next 18 months, pushed by central bank demand and a Federal Reserve dovish turn. “Achieving this would require non-commercial demand to pick up from current levels, which in turn needs a Fed rate cut...

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