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Michael Burry Bets $1.6 Billion Against Market: ‘Big Short’ Investor Takes Bearish Stance on S&P 500 and Nasdaq
15.8.2023
In filings with securities authorities released on Monday, renowned hedge fund manager Michael Burry, whose exploits were famously captured in the film “The Big Short,” took a bearish stance on the market. Burry’s Scion Asset Management shorted the S&P 500 and Nasdaq 100...
Options traders bearish on ETH, investors back InQubeta as the next big thing in AI & crypto
7.8.2023
Operating in a fast-paced landscape, investors and traders constantly monitor trends and sentiments capable of influencing crypto prices. In light of this, options traders are currently bearish on Ethereum after discovering bearish signals and indicators. Their bearish concerns signal caution...
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...
What’s next for Stellar? Tezos still bearish & Pomerdoge presale skyrockets with 20x returns
2.8.2023
Amid the several digital currencies in the crypto market, experts are analyzing the price movement of three tokens – Stellar (XLM), Tezos (XTZ), and Pomerdoge (POMD). Among the three tokens, one stands out, and that is Pomerdoge. Interestingly, Pomerdoge, a play-to-earn (P2E) game token in...
Biggest Movers: SOL, XLM 5% Lower, as Bearish Streak Extends
1.8.2023
Solana dropped for a third consecutive session on Tuesday, as the token started the month of August nearly 5% lower. Overall, the global market cap was mostly in the red, dropping by 1.44% as of writing. Stellar fell to a one-week low, following a four-day losing streak of its own. Solana (SOL)...
Bitcoin, Ethereum Technical Analysis: BTC Hangs on to $29,000 Level, Despite Increased Market Volatility
28.7.2023
Bitcoin remained above a key support point on Friday, despite bears attempting to push the price below $29,000. Today’s session saw sentiment once again shift bearish, as U.S. consumer sentiment data looms. Ethereum was mostly unchanged in today’s session. Bitcoin Bitcoin (BTC)...
Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers
18.7.2023
In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday. Crypto Market in Flux Throughout this chaotic 24-hour...
BAYC-Centric Apecoin Hits All-Time Low, Suffers 92% Decline From Last Year’s Peak
6.7.2023
In the midst of a considerable drop in the base price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club, the related cryptocurrency, apecoin (APE), has likewise suffered due to the bearish trends in that specific market. While many crypto assets have seen an increase in worth over...
Bitcoin Price Prediction as BTC Starts Forming Bearish Chart Pattern – Time to Sell?
5.7.2023
Bitcoin (BTC) price is currently trading at $30,450, unable to break above the psychological level of $31,000.
The formation of a bearish chart pattern suggests a potential downward trend in the near term.
In this Bitcoin price prediction, we will analyze the market conditions and explore...
Bitcoin Price Prediction: BTC Faces Double Top Resistance at $31,000, Will Bearish Correction Follow?
26.6.2023
As Bitcoin garners global attention, investors and traders closely monitor its price movements.
Currently, Bitcoin (BTC) encounters a significant obstacle in the form of double top resistance at the $31,000 level.
This resistance has previously acted as a strong barrier, raising concerns about...
Robust crypto fundamentals pull through after May’s monthly red candle: Report
23.6.2023
What are the current trends in VC investment in the crypto sector, and when will the bear market finally end?
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $25,000 Following Fed Meeting
15.6.2023
Bitcoin fell below the $25,000 level for the first time since March, as the Federal Reserve opted to keep rates unchanged. However, to the surprise of many, the Fed also forecasted two further hikes in this current cycle. Ethereum reacted negatively to the news, dropping below $1,700. Bitcoin...
Biggest Movers: XRP 9% Lower, as Price Falls From 10-Week High
14.6.2023
XRP plunged by over 9% on Wednesday, as traders moved to secure profits following a recent ten-week high. This decline comes as overall market sentiment remains bearish, following last week’s actions by the U.S. Securities and Exchange Commission (SEC). Cardano was also back in the...
Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'
14.6.2023
Options market shows a bias for puts, or bearish bets, tied to bitcoin ahead of the pivotal Fed meeting
Bitcoin's MACD Indicator Flips Bearish, Scares Crypto Twitter
13.6.2023
MACD histogram is a technical indicator widely used to gauge trend strength and trend changes
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as Traders Digest SEC’s Crypto Crackdown
10.6.2023
Bitcoin moved below the $26,000 level to start the weekend, as bearish pressure intensified following a week of turbulence. Sentiment in the market once again shifted, as traders liquidated their positions on the back of the U.S. Securities and Exchange Commission’s (SEC) crackdown...
Biggest Movers: ADA, SOL Plunge to 3-Month Lows on Thursday
8.6.2023
Cardano dropped to a three-month low on Thursday, as sentiment in cryptocurrency markets remained largely bearish. The move comes as traders continue to worry about what the recent Binance and Coinbase lawsuits could mean for the wider market. Solana also slipped to a multi-month low. Cardano (ADA)...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as SEC Sues Binance
6.6.2023
Bitcoin plunged to its lowest point in over two months, as markets continue to react to the SEC versus Binance lawsuit. The Securities and Exchange Commission (SEC) is suing the crypto exchange for violation of U.S securities laws. Ethereum was also in the red, dropping below $1,800 in the process....
Biggest Movers: XRP Remains Near Multi-Month High on Monday
5.6.2023
XRP remained near a multi-month high to start the week, despite cryptocurrency markets mostly tracking lower. The global market cap has fallen by 1.58% as of writing, due to today’s red wave. Litecoin was a notable token to fall, dropping by nearly 5%. XRP XRP, formerly ripple, remained near...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High
5.6.2023
Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today’s session. Volatility has been significantly higher in the past few days, as the unemployment rate in the United States surged to a multi-month high. Bitcoin Bitcoin (BTC)...