Major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin continued to fall Monday, triggering a wave of liquidations that topped $900 million over the past 24 hours. Bitcoin dropped below $110,000 for the first time since early July, spearheading a market-wide swoon after a whale unloaded 24,000 BTC worth $2.7 billion on Sunday. The continued dive
The crypto market has started the week off in a sea of red after a massive Bitcoin sell-off from a single whale triggered cascading liquidations across the board. It’s a reminder that studying trends and cautiously reviewing charts can only take you so far in the volatile world of crypto assets. Every now and then,
Cryptocurrency analytics firm Alphractal has released a striking report highlighting the risks inherent in leveraged trading. According to the report, 94% of traders have liquidated in the last three months. The company said many investors are unaware of the critical areas where mass liquidations are taking place. The report stated that Bitcoin’s long and short
Prominent Silicon Valley investor Tim Draper has addressed his failed $250,000 Bitcoin price predictions during his Monday interview on CNBC. “So, I’ve been predicting $250,000 for Bitcoin for a long time. It turns out I haven’t been right yet,” Draper said, bursting out in laughter. Nevertheless, Draper claims that the fact that Bitcoin is already
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. A couple days after Fed Chair Jerome Powell’s widely watched Jackson Hole speech feels like a great time for a high-level update — particularly as macro’s effect on crypto markets has increased over time. We still don’t know what the Fed
DataVLT, a data analytics platform secured by its blockchain network, today announced a strategic collaboration with DIN Iol, an AI agent Blockchain. With this partnership, DIN aims to power its AI agents and dAI-Apps. By integrating DataVLT’s data analytics infrastructure, DIN blockchain wants to support AI-driven functions of its AI agents and dAI-Apps. DataVLT is
The corporate world is increasingly recognizing the potential of cryptocurrency, and now, a surprising player has entered the arena. Galmed Pharmaceuticals (Nasdaq: GLMD), a clinical-stage pharmaceutical company, just made headlines with a groundbreaking decision. They have approved a bold new crypto treasury strategy, intending to deploy up to $10 million of their cash reserves into
The ongoing Bitcoin bull run may be over, as it flashes numerous bearish chart patterns on the weekly chart. Summary Bitcoin bull run could be ending as a risky pattern forms. It has formed a falling wedge pattern on the weekly chart. Demand for spot Bitcoin ETFs has waned in the past few days. Bitcoin
A coalition of AI companies unveiled a Super Political Action Committee (SuperPAC), designed to influence US technology policy and strengthen the nation’s position in the global AI race, according to an Aug. 25 press release. The group, Leading the Future (LTF), pledged to back candidates who support innovation while pushing back against legislation that could