Day: December 26, 2023

Shiba Inu Whale Moves $45 Million In SHIB, Bullish?

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Amid the joyous mood of the festive season, the Ethereum-based meme coin, Shiba Inu has witnessed massive whale activity over the past 24 hours, causing speculation around the crypto community. Shiba Inu Sees Substantial Whale Activity A recent report revealed that a Shiba Inu whale has moved about 4 trillion SHIB tokens to an unidentified wallet. The whale activity came amidst the crypto asset’s price decline in tandem with the decline in the SHIB burn rate. Data from the on-chain tracker, Whale Alert, shows the unknown wallet 0x9c570088…a22fd8b51b move 4,239,147,213,294…

Worldcoin Shows Bullish Breakout, Analyst Predicts 80% Rally

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An analyst has explained that Worldcoin is currently showing a breakout from a pattern that could potentially lead to a rally of 80% for WLD. Worldcoin Appears To Be Showing A Bullish Breakout Currently In a new post on X, analyst Ali shared a chart for the 4-hour price of Worldcoin, which shows the formation of a bull flag for the cryptocurrency. A “bull flag” is a continuation pattern in technical analysis that, as its name suggests, looks like a flag on a pole. Bull flags form when a rapid…

Billionaire Tim Draper Predicts When The Bitcoin Price Will Reach $250,000

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Billionaire Tim Draper has predicted a new all-time high for Bitcoin, foreseeing a staggering $250,000 rise for the cryptocurrency in 2024.  Bitcoin To Reach $250,000 In a recent exclusive interview with Coin Bureau, a crypto informational portal, American venture capital investor, Tim Draper and Co-founder and CEO of Real Vision, Raoul Paul shared compelling insights on the outlook of Bitcoin and other cryptocurrencies in the space. During the engaging conversation, Draper expressed highly bullish sentiments regarding Bitcoin’s future trajectory. When asked about his thoughts on Bitcoin’s price prediction, Draper confidently…

Traders liquidated over $166m amid BTC price decline

Between Dec. 25 – 26, the volume of liquidations in crypto markets exceeded $166 million. According to CoinGlass, altcoins account for a significant share of losses. At the time of writing, the daily volume of liquidations is $166.2 million, with a predominance of long positions. Source: CoinGlass In addition to the traditional Bitcoin (BTC) and Ethereum (ETH), trading pairs with Solana (SOL) and ORDI are among the leaders in terms of loss volume. Source: CoinGlass The most significant liquidations occurred on the Binance, OKX, and Bybit exchanges. As with the…

Mt. Gox creditors finally getting paid after 10 years

Creditors of long-failed cryptocurrency exchange Mt. Gox have finally started receiving payments for their Bitcoin (BTC), which has been locked up on the exchange since February 2014. On Dec. 25, on the mtgoxinsolvency Reddit page, users speculated that Mt.Gox was sending refunds in Japanese yen through PayPal – almost ten years after the funds were blocked on the exchange on Feb. 24, 2014. In particular, one of the Reddit users, Free-end254, stated that he received payments and attached a screenshot with confirmation from PayPal. Another user also confirmed receipt of…

Ethereum: Balancing Act At $2,300 – Scaling The Heights Or Facing A Looming Drop?

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The past few weeks have been a rollercoaster ride for Ethereum. Buoyed by a waning Bitcoin dominance and an influx of traders seeking greener pastures, Ethereum’s price surged towards critical resistance levels near $2,500. Yet, a palpable anxiety lingers in the air, fueled by questions about Ethereum’s long-term scalability and the increasing chorus of bearish whispers. Can the second-largest crypto navigate this tightrope walk and reclaim its DeFi crown, or will it take a tumble from grace? Ethereum Rises: Growth, Innovations, And Challenges Beneath the surface of rising price charts…

Swych Finance Releases the Next Generation of Decentralized Perpetual Exchanges

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Picture a world where the traditional rules of the game don’t bind cryptocurrency trading. This is where perpetual decentralized exchanges (PDEXs) come into play, a relatively new kid on the block in the grand scheme of DeFi. The market is constantly changing, and perpetual DEXs have been a game-changer, growing their market cap beyond $2 billion. But it’s not been a walk in the park. Despite their innovative approach, these platforms have been nudging for space in a market heavily dominated by CEXs. It’s like David versus Goliath – with…

Mt. Gox Crypto Exchange Appears to Have Started PayPal Repayments Tied to 2014 BTC Hack

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