Tag: Investors

Bitcoin Disappoints With Fall To $67,000, But Analyst Says Investors Should Not Be Fazed. Here’s Why

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Bitcoin has dropped from its weekly high of $71,980, recorded on May 21, to as low as $67,000, raising concerns amongst crypto investors. However, crypto analyst Jelle has suggested that there is no need to be worried about the flagship crypto’s price action.  Why Investors Shouldn’t Be Worried About The Bitcoin Price Jelle noted in an X (formerly Twitter) post that Bitcoin is still following a “similar path” to the 2017 bull run. He claimed that once the crypto token breaks again above the 2021 all-time high ($69,000), it will…

Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability

The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank also cautioned that some cryptocurrency systems may be “prone to crisis without safeguards.” RBI Bulletin’s Crypto and Defi Warnings India’s central bank, the Reserve Bank […] Source CryptoX Portal

Institutional Investors Pour $942 Million Into Bitcoin, Will This Trigger A Rally To $80,000?

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Institutional investors are doubling their bets on Bitcoin, with investment funds related to the flagship crypto recording massive inflows last week. This development signals a bullish sentiment among these investors which could trigger a Bitcoin rally to $80,000.  Bitcoin Investment Funds Record $942 Million In Inflows According to CoinShares’ latest weekly report, Bitcoin investment products recorded a net inflow of $942 million. These inflows are said to have been “an immediate response to the lower-than-expected CPI report on Wednesday,” with 89% of the total flows coming in the latter three…

How Bitcoin ETFs Are Changing the Risk-Reward Ratio for Institutional Investors

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Prior to FTX, a lot of people put those risks aside and focus on price appreciation and gaining access to the market. Post FTX, people are saying, I want to be involved, but I need to know I’m protected at a basic level. The ETFs do that, while exposing institutional investors to the reliant counterparties in crypto. They’ve put the industry back on a positive track. Original

Despite Price Lull, Shiba Inu Burn Rate Heats Up: Are Investors Preparing For A Mega Rally?

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In a fascinating twist for the Shiba Inu (SHIB) community, the rate at which SHIB tokens are being burned has increased significantly, even as the price of the meme coin shows modest gains. Recent data from the Shibburn explorer indicates a 62.58% increase in the SHIB burn rate over the past 24 hours, with approximately 6.9 million SHIB tokens removed from circulation through 10 separate transactions. Recent SHIB Burn Events And Market Response: A Detailed Analysis Details of the 10 transactions show that the largest single burns were 2.55 million…

Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price

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The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors selling. This time around, it is the small-time traders who are offloading their bags and putting selling pressure on the price. However, this is not an entirely bad thing given that, historically, such selling has been bullish for the Bitcoin price. Bitcoin Retail Are Dumping Their Bags In a report on X (formerly Twitter), the on-chain data tracker Santiment revealed an interesting trend among small-time…

UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records

The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 2018, claimed to offer investment advice and financial education. However, complaints emerged that consumers lost money, and the Financial Conduct Authority […] Source CryptoX Portal

Why Is This Crypto Pundit Warning XRP Investors To Be At Alert For The Next 3-12 Months

A crypto analyst identified as ‘Egrag Crypto’ has recently taken to X (formerly Twitter) to issue a warning to XRP investors regarding a potential bear market that could trigger a massive correction for the price of XRP.  XRP Holders Prepare For More Declines In 2025 According to Egrag Crypto, XRP is expected to enter a steep bear market stage in 2025. The analyst based his predictions on a technical analysis tool he called the “Gaussian Channel,” revealing three distinct technical phases for XRP, including a Green A, Green B and…

French Securities Regulator Warns Investors Against Crypto Exchange Bybit

The notice appears to hint at a possible coming enforcement action against the platform, reminding investors that the AMF “reserves the right, under the terms of the Monetary and Financial Code, to take legal action to block the website of this platform” and that retail investors should “take all necessary measures to avoid being unable to access their assets.” Source

AMF Warns French Investors about Bybit Crypto Exchange

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