Category: Reviews

BTC USD Eyes $70K Breakout as Nvidia Earnings Causes Chaos

BTC USD price rebounded over 7% to touch an intraday high of $69,487 on Thursday, driven by a cascade of short liquidations and renewed risk-on sentiment following Nvidia Corp.’s blockbuster earnings report. The strong reversal comes just 48 hours after BTC dipped below $63,000, creating a volatile environment that has wiped out over half a billion dollars in leveraged positions. $NVDA just had its biggest Q/Q revenue growth in history and it says that data center revenue is now up 13x since ChatGPT was released pic.twitter.com/6H3DNh0jEJ — Joe Weisenthal (@TheStalwart)…

XRP Price Turns Completely Bearish, But Is A Crash To $1 Still Possible?

Crypto analyst CasiTrades has warned that the XRP price structure has turned bearish, putting the altcoin at risk of a further decline. The analyst also suggested that the price could still crash below $1 as it looks to find a bottom.  XRP Price Structure Shifts Bearish With Key Levels Below In an X post, CasiTrades stated that the XRP price structure has shifted bearish, with key levels below. She further revealed that price is starting to gather sell strength and that the trendline break is looking to form resistance. The…

Jane Street And The ’10 AM Dump’ Allegations

Jane Street Group LLC is at the center of expanded legal scrutiny regarding the 2022 disintegration of the Terra ecosystem, with new filings alleging the proprietary trading firm utilized a predatory “10 AM dump” strategy to profit from the protocol’s instability. The allegations, stemming from ongoing litigation, suggest that the quantitative giant executed aggressive short-selling patterns during critical liquidity windows, effectively counter-trading the network’s attempts to stabilize the UST stablecoin. The lawsuit claims that these high-frequency trading maneuvers accelerated the de-pegging of TerraUSD (UST), contributing to a death spiral that…

Strategy Short Sellers Face $3.3B Squeeze as MSTR Surges on Bitcoin Tailwinds

Short sellers betting against (Micro)Strategy (MSTR) are facing estimated paper losses of more than $3.3 billion as the stock stages a sharp recovery alongside Bitcoin’s return to $69,000. The enterprise software firm, which effectively functions as a leveraged Bitcoin treasury under Chairman Michael Saylor, has seen its share price rebound to approximately $135, punishing bearish investors who accumulated positions during the company’s recent decline. Strategy tops the list of the 50 most-shorted companies with market capitalizations exceeding $25 billion. Bearish investors have sold short approximately 14% of the company’s float,…

Dogecoin (DOGE) Strengthens as Altcoin Rally Signals Renewed Risk Appetite

Dogecoin started a major increase above $0.10 against the US Dollar. DOGE is now consolidating and might decline again if it fails to clear $0.1060. DOGE price started a fresh increase above $0.0950 and $0.10. The price is trading above the $0.10 level and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $0.0942 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0988. Dogecoin Price…

Ethereum Price Rally Hits Wall at $2,150 After Explosive 15% Move

Ethereum price started a major rally above the $2,000 resistance. ETH is now correcting gains from $2,150 and might decline to $2,000. Ethereum started a fresh upward move above the $1,950 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $1,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 zone. Ethereum Price Rallies Over 15% Ethereum price managed to…

Bitcoin Price Explodes Higher, $70K Level Faces Fresh Bullish Assault

Bitcoin price started a major increase above $68,000. BTC is now struggling to clear the $70,000 resistance and might correct some gains. Bitcoin started a fresh increase after it settled above the $67,000 support. The price is trading above $67,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $66,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $67,500 and $67,200 levels. Bitcoin Price Rallies 10%…

Crypto OG Fears For Bitcoin’s Future

Veteran fund manager Mark Yusko of Morgan Creek Capital has issued a stark warning regarding the structural health of the crypto market, cautioning that BTC $67 506 24h volatility: 5.9% Market cap: $1.35 T Vol. 24h: $45.40 B  faces a critical moment ahead of upcoming regulatory shifts. The Bitcoin price is currently trading around $66,000, nicely recovering from its recent drop. Yusko argues that the market is underestimating the potential impact of the upcoming CLARITY Act. The warning follows Bitcoin’s price action, consolidating just below key overhead levels. The asset’s…

SBF Stays In Jail: White House Reiterates No Plans to Pardon Sam Bankman Fried

Things didn’t work as planned for Sam Bankman-Fried (SBF). The White House has confirmed that President Donald Trump has no intention of granting a pardon to former FTX CEO Sam Bankman, dismissing the convicted executive’s recent public appeals for clemency. SBF, who is currently serving a 25-year sentence at the Metropolitan Detention Center in Brooklyn following his 2023 conviction, had recently escalated a social media campaign seemingly aimed at securing presidential intervention. According to a White House official, the administration’s stance remains unchanged despite Bankman-Fried’s near-daily posts on X  defending…

SEC Taps LINK Executive for Top Role

The price of Chainlink might be massively undervalued right now, but key developments hint that the decentralized oracle service may finally be getting its due. The Securities and Exchange Commission (SEC) has appointed Taylor Lindman, formerly of Chainlink Labs, as the new Chief Counsel for its Crypto Task Force. JUST IN: Taylor Lindman has been officially appointed as Chief Counsel of the @SECGov‘s Crypto Task Force. We thank Taylor for his great 5 years as a key part of the Chainlink Labs team in his role as Deputy General Counsel.…