A well-known crypto analyst, Coach JV, is reminding XRP investors about the importance of patience and conviction in the crypto market. He warns that those who only chase quick profits or lack belief in their investments could face severe losses. He says people should only invest when they are ready to stay for a long time. Coach JV Warns XRP Investors To Build Conviction Or Stay Out Coach JV posted a clear warning on X to all XRP investors. He said, “If you’re not willing to hold for 10 years…
Category: Analysis
Trump Insider Whale Holds $340 Million in Short Position on Bitcoin
Key Notes Arkham Intelligence spotted a trader who is now short $340 million on Bitcoin. The whale had earlier made a profit of $200 million after shorting $700 million of BTC and $350 million of ETH. A while ago, short traders made a profit from the $624.41 million liquidation in the crypto market. Amid the fluctuation in Bitcoin BTC $110 813 24h volatility: 3.8% Market cap: $2.20 T Vol. 24h: $75.48 B price, one whale trader called “Trump Insider Whale” has increased their short position. According to Arkham Intelligence, the…
Powell Speech Could Spark Market Volatility
Key Notes Fed Chair Jerome Powell will address the National Association for Business Economics today in Philadelphia. Markets expect rate cuts, but a hawkish tone could trigger more volatility. The crypto market has recorded a 4% drop today, with Bitcoin trading around key support. Federal Reserve Chair Jerome Powell will deliver a closely watched speech titled “Economic Outlook and Monetary Policy” at the NABE annual meeting today. This comes at a time of intense market volatility, with investors awaiting signals on US interest rates. Futures markets currently assign a 97%…
Elon Musk Validates Bitcoin: Says “It’s Based on Energy”
Key Notes A ZeroHedge post recently discussed the rising prices of Bitcoin, gold, and silver. Citing the ongoing global AI arms race, the role of Bitcoin was highlighted. Musk has raised concerns about the US government printing money out of thin air. Tesla CEO Elon Musk has issued a major validation line towards Bitcoin BTC $111 086 24h volatility: 3.0% Market cap: $2.21 T Vol. 24h: $76.07 B after Zero Hedge suggested that Artificial Intelligence (AI) is the new global arms race. Musk’s praise of Bitcoin comes after a few…
Tether to Release Open‑Source Wallet Kit for iOS & Android
Key Notes Tether is set to release its fully open-source WDK this week. The kit includes starter wallets for iOS and Android to simplify crypto wallet creation. With this move, Tether aims to expand self-custody adoption worldwide. Tether is preparing to launch its fully open-source Wallet Development Kit (WDK) this week. The announcement came from CEO Paolo Ardoino, who explained how the toolkit will allow developers to easily build their own non-custodial digital wallets. In a post on X, Ardoino wrote that the WDK will include a ready-to-use “starter wallet”…
Metaplanet’s Bitcoin Accumulation Isn’t Paying Off, Report Says
Key Notes Metaplanet’s enterprise value dipped below Bitcoin reserves. Shares tumbled 70% since June amid waning enthusiasm for crypto-heavy firms. Experts warn of mounting risks from overexposure to volatile digital assets. Tokyo-listed Metaplanet Inc is facing mounting pressure as its ambitious Bitcoin BTC $110 692 24h volatility: 3.7% Market cap: $2.21 T Vol. 24h: $73.93 B strategy appears to have lost investor confidence. The company’s enterprise value has fallen below the worth of its Bitcoin reserves, according to a recent report by Bloomberg. The company began purchasing Bitcoin in April…
Crypto Liquidations Hit $624M as Bitcoin Loses Support Again
Key Notes About 213,938 traders were liquidated within the past 24 hours, with losses running into $624.41 million. Ethereum saw the largest liquidation, with its price retracting to $4,002. Bitcoin price has also plunged significantly, with ATH ambition still far away. . The broader cryptocurrency market has experienced a massive liquidation of $624.41 million, with long traders suffering losses. This situation has affected 213,938 traders within the past 24 hours. Notably, the largest single liquidation order was seen on the OKX exchange, valued at $5.57 million. Bitcoin and Ethereum Prices…
ETH Under $4K Despite Stablecoin Surge, Bhutan Support
Key Notes ETH ETFs recorded $429 million in third-day outflows as ETH went below $4K. Weekly stablecoin senders surpassed one million for the first time. Bhutan became the first nation to anchor its national digital ID system on ETH. Ethereum ETH $3 940 24h volatility: 5.3% Market cap: $476.23 B Vol. 24h: $54.81 B spot ETFs have recorded their third straight day of outflows, totaling $429 million on Oct. 13. Bitcoin BTC $110 692 24h volatility: 3.7% Market cap: $2.21 T Vol. 24h: $73.93 B spot ETFs also saw $327…
New BTC Whales Underwater — Volatility Ahead?
Key Notes New Bitcoin whales are seeing unrealized losses due to the latest correction. The indicator doesn’t clearly show where the market is going. US-based ETFs bleed further as Bitcoin drops below $112,000 again. The market-wide uncertainty and bearish selloff with high liquidations doesn’t seem to be over yet. And now, new Bitcoin BTC $111 863 24h volatility: 3.0% Market cap: $2.23 T Vol. 24h: $74.36 B whales will likely take the volatility a step further. CryptoQuant CEO Ki Young Ju shared the unrealized profit ratio chart for new Bitcoin…
Binance Eyes Korea Return as Gopax Review Advances
Key Notes The FIU has resumed the review of Binance’s Gopax acquisition after a two-year delay. Approval could allow Binance back into South Korea by the end of 2025. South Korean investors maintain a strong appetite for crypto. Binance, the world’s largest cryptocurrency exchange, is nearing its long-awaited return to the South Korean market. After a delay of more than two years, local authorities have resumed their review of Binance’s acquisition of domestic exchange Gopax. According to a report from Newsis, South Korea’s Financial Intelligence Unit (FIU) is currently assessing…