Why is Everyone Betting Against the Reddit IPO? RDDT has a New Challenge as People Bet Against it
The post Why is Everyone Betting Against the Reddit IPO? RDDT has a New Challenge as People Bet Against it appeared first on Coinpedia Fintech News The term “Flippening” has gained traction in the crypto community, referring to the potential…
Bitcoin ETFs See Outflows Exceed $261M, BlackRock Boasts Single-Day Net Inflow Of $49M
Bitcoin spot exchange-traded funds (ETFs) continued to see net outflows for a third consecutive day, raising questions about investor sentiment in the cryptocurrency market. SoSoValue’s data reveals a total net outflow of $261 million on Wednesday, March 20. Among the…
Bitcoin Faces Potential Downturn As Profits Are Taken, Glassnode Data Shows
Experts are raising a cautionary flag for Bitcoin (CRYPTO: BTC) investors, suggesting the market may be entering a period of volatility and price correction. What Happened: Bitcoin pared its gains from a high of around $68,000 early Thursday morning. It’s…
The State of Crypto In Emerging Markets: Unveiling The Lucrative 24/5 Crypto Trading Opportunity In Emerging Markets
Cryptocurrency’s growth trajectory in emerging markets is nothing short of remarkable. Despite inherent challenges, these regions are a fertile ground for savvy investors and traders to capitalize on lucrative opportunities. In our discussions below, we’ll explore the growing state of…
Navigating The Financial Landscape: Crypto Loan Versus Traditional Loans
Traditional loans have been the mainstay of our age-old financial system. However, in today’s dynamic financial landscape, the emergence of cryptocurrency has introduced a new dimension to borrowing – Crypto loans. So, which one is better? As individuals navigate the…
Bitcoin at $60K caused sell-offs; do you sell your BTC now?
Bitcoin holders have begun to sell at a loss after an extended period of making a profit. Key technical indicators showed that the bears are in control of the market. Bitcoin’s [BTC] Adjusted Spent Output Profit Ratio (aSOPR) has fallen below…
Bitcoin Dip ‘100% Predictable,’ Could Trade Below $60K Before ‘Meaningful Rally Attempt,’ 10x Research Says
Bitcoin (CRYPTO: BTC) has seen a 13% drop over the past week, and a recent report from 10x Research offers insights into their bearish stance on the cryptocurrency from 10 days prior. What Happened: The research report describes Bitcoin’s current…
Bitcoin, Ethereum, Dogecoin Plunge As $650M Worth Of Crypto Liquidated In A Single Day: Analyst Predicts King Crypto Poised For Explosive Rally ‘As FOMO Greater Than Fear’
Major cryptocurrencies declined on Tuesday evening as a broader market correction liquidated over $650 million worth crypto in the last 24 hours. What Happened: The price of Bitcoin plummeted below $63,000, triggering a widespread sell-off across the global crypto market….
Should you go short on Ethereum? These whales suggest…
ETH’s supply on exchanges has risen 5% since Dencun. Whales were shorting ETH on exchanges. Ethereum [ETH] extended its losing streak by plunging 9% over the last 24 hours. The second-largest cryptocurrency has remained in the red since the activation of Dencun Upgrade,…
Bitcoin to $1M? Arthur Hayes sees ETF-fueled surge but…
Hayes attributed Bitcoin’s rise to $70k to ETFs. Investors have started to show an increased preference for BTC. In the wake of fluctuating Bitcoin [BTC] prices, Arthur Hayes, the co-founder of BitMEX, has issued an optimistic forecast for the cryptocurrency’s future. In…