Bitcoin whales employ ‘wait-and-see strategy’ as price hovers at $96K
A crypto analyst highlighted significant Bitcoin inflows to crypto exchanges from whales, who are still holding back on making any major moves.
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Look out below! Ethereum derivatives data hints at further downside from ETH
Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current market wide volatility were the bankruptcy fears that emerged after Coinbase, the largest U.S. exchange reported a $430 million first-quarter 2022 loss. In…

Bitcoin Price is Showing 3 Textbook Technical Signs of a Severe Correction
The Bitcoin price (BTC) has been consolidating in the $6,900 to $7,100 range throughout the past 36 hours, right below a heavy resistance level at $7,200. Typically, a large price movement occurs when BTC gets stuck in a tight range for a prolonged period of time.Crypto market daily performance. Source: Coin360Currently, there are three technical…

Bitcoin price blasts past $21K as 3-day short liquidations near $300M
Bitcoin (BTC) continued a stunning comeback on Jan. 14 as $21,000 appeared for the first time since early November.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin cracks key trend line for first time since $69KData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit highs of $21,247 on Bitstamp overnight.The pair had faced major suspicion…

Citadel Securities eyes market-making role for crypto exchanges: Report
Citadel Securities is reportedly looking to provide liquidity to the crypto markets after years of waiting for the crypto regulatory landscape in the US to improve.

UK looks for a crypto crime fighter with a $50K salary
The United Kingdom’s top crime agency is looking to hire a crypto investigator with experience of identifying and recovering seed phrases. 159 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe United Kingdom’s National Crime Agency (NCA) is taking measures to increase its focus on cryptocurrency crimes and combat…

Bitwise Will Refile Its Bitcoin ETF Application ‘as Soon as Appropriate’
Bitwise Asset Management and NYSE Arca have confirmed they will refile their application for a Bitcoin (BTC) exchange-traded fund (ETF) after the United States regulators rejected it.Bitwise: We intend to refileAccording to a press release published on Oct. 9, the companies said that while the U.S. Securities and Exchange Commission (SEC) refused their ETF application,…

Ripple celebrates SEC’s dropped appeal, but crypto rules still not set
Ripple is celebrating the United States Securities and Exchange Commission’s (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry. The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP. The industry saw the case as

Fantom DEX rescued at eleventh hour following planned shutdown
SpiritSwap previously had its entire treasury drained due to the ongoing Multichain exploit. 75 Total views 1 Total shares SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer shut its doors in September after having treasury funds stuck on troubled cross-chain protocol Multichain.In an Aug. 16 community vote, SpiritSwap users passed a resolution to…