Month: January 2024

Pushd picks up pace as Bitcoin and Litecoin holders flow

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Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Pushd (PUSHD) has gained a lot of interest from prospective investors. Its presale started well, with the first three stages selling out quickly. Holders of Bitcoin (BTC) and Litecoin (LTC) are also exploring the project. Bitcoin dumps, altcoins correct Bitcoin sank below the $39,000 mark for the first time this year. Subsequently, major altcoins that posted substantial gains in…

Bill Ackman and wife Neri Oxman buy stake in Tel Aviv Stock Exchange

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Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday. The announcement came as the Israeli bourse announced the pricing of a secondary offering of 17,156,677 shares priced at 20.60 shekels ($5.50) per share. “The transaction drew robust interest from investors across Israel, the United States, Europe, and Australia, reflecting a strong vote of confidence in…

BNB Price Could See Major Drawdown If It Fails To Stay Above This Support

BNB price started a fresh decline from $320 resistance zone. The price is now retesting the $290 support and is at risk of more downsides. BNB price is gaining bearish momentum from the $320 resistance. The price is now trading below $310 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support at $315 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might continue to move down if it fails to stay above the…

Bitcoin Price At Risk? Grayscale’s $335M Coinbase Transfer Stirs $30,000 Plunge Potential

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The Bitcoin price has experienced a notable shift as selling pressure mounts, with BTC bears gaining the upper hand. Asset manager Grayscale, the owner and manager of the Grayscale Bitcoin Trust (GBTC), is a significant contributor to this trend.  Since the trading of spot Bitcoin exchange-traded funds (ETFs) began on January 12, Grayscale has been on a selling spree, as evidenced by substantial transfers of BTC to the United States-based crypto exchange Coinbase. Bitcoin Price Under Pressure As Grayscale Selling Spree Continues According to Akrham Intelligence data, in addition to…

Bitcoin Price Faces Crucial Test, Indicators Suggest Many Roadblocks To Recovery

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Bitcoin price dived toward the $38,500 support zone. BTC is attempting a recovery wave and might struggle to climb above the $40,500 resistance. Bitcoin price extended its decline and tested the $38,500 support zone. The price is trading below $40,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $40,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might struggle to recover above the $40,000 and $40,500 resistance levels. Bitcoin Price Turns Red Bitcoin price…

Exploit On Polygon Contracts Extract $15M, Here Are The Details

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The play-and-own mobile gaming platform GAMEE suffered an exploit of its GMEE token contracts on Polygon that led to the theft of 600 million GMEE tokens and left the crypto community pondering questions. GAMEE Confirms $15M Exploit On Polygon On January 22, GAMEE Token’s official X (formerly Twitter) account advised its users to refrain from engaging with the digital asset while their team investigated the GMEE token-related security comprise it had just suffered. The GMEE token is an ERC-20 utility token “designed to be the currency of access, action, and…

Ethereum Whale Transfers Across Exchanges And DeFi, What Is Going On?

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An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through a network of eight wallets, initiated the withdrawal of these funds from major exchanges, Binance and Bitfinex. The complexity of these transactions did not end there. Following the withdrawals at an average price of around $2,419…