Bitcoin Bulls on the Defensive as ETF Outflows and Economic Jitters Escalate Bitcoin’s ambitious rally to $100,000 has hit a major speed bump as Bitcoin bulls are retreating. Mounting outflows from popular spot Bitcoin ETFs, disappointing corporate earnings, and a wave of macroeconomic uncertainty have combined to dampen enthusiasm, causing even seasoned traders to hesitate…
ICP Rockets Past Resistance as Trading Frenzy Takes Hold If you blinked, you might have missed it. Internet Computer (ICP) just blasted through a key resistance level, skyrocketing by 34% to hit $7.02 in a whirlwind rally that has crypto traders buzzing. This explosive move is fueled by exceptionally high trading activity, signaling that bullish…
Someone Drained Your Crypto Exchange Account? Here’s What You Need to Do Next Imagine logging into your favorite crypto exchange and realizing your digital assets have vanished overnight. It’s a nightmare scenario that hits investors of all experience levels—one that’s becoming all too common in today’s high-stakes world of cryptocurrency trading. If your account’s been…
Job Cuts Surge to Two-Decade High: What’s Happening in the US Labor Market? If you thought the US job market was invincible, think again. Challenger, Gray & Christmas just dropped a bombshell report showing that job cuts for October have soared to their highest level in more than 20 years. That’s right, layoffs haven’t hit…
Jefferies Praises MARA’s Earnings — Warns of Bitcoin Mining Barriers Ahead Wall Street investment firm Jefferies has delivered its latest quarterly review on Marathon Digital Holdings (MARA), one of the world’s largest publicly traded Bitcoin mining companies. According to their analysis (source), MARA has posted a strong performance this quarter, thanks to favorable bitcoin price…
Bitcoin Bulls Get a Fresh Boost: Michael Saylor’s New Strategy Unfolds If you’ve been watching the crypto markets, you know Michael Saylor is never far from the spotlight. Now, with Strategy’s perpetual preferred share STRC finally trading at par, it looks like another domino in Saylor’s ambitious Bitcoin plan is about to fall. The real…
Robinhood’s Crypto Earnings Triple in Q3, Beating Wall Street Estimates Robinhood Markets stunned analysts this quarter, with its crypto revenue soaring by over 300% in Q3 2023. This unprecedented jump helped the popular trading app double its total revenue compared to last year, according to a report from Cointelegraph. What’s Fuelling the Surge? In a…
DOGE Defends $0.16 as Bulls and Bears Battle for Control Dogecoin (DOGE) fans, take a breath. The beloved meme coin has managed to cling to its $0.16 support level, even as profit-takers tried to cash in at the top. The price action shows DOGE hanging onto its ascending channel, refusing to buckle under selling pressure…
TON Takes a Hit, Falling to $1.93 as Bitcoin Maintains Its Edge The Telegram Open Network (TON) token, linked to the popular messaging app Telegram, dropped sharply to $1.93 today. This dip comes as part of a broader risk-off trend in the cryptocurrency market, where alternative coins (altcoins) are lagging behind the stalwart, Bitcoin—the original…
Bitcoin Slides Under $100K: What’s Behind the Market Jitters? Bitcoin’s recent plunge below the $100,000 mark has sent shockwaves through the crypto community, with traders scrambling to adjust their positions as uncertainty ripples across global markets. The drop comes at a time when macroeconomic headwinds, like inflation fears and shifting interest rates, continue to loom…
