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Bitcoin Market Retains Hope Despite Recent Price Dip and Liquidations
May 3, 2024
The price of Bitcoin recently fell below the $59,000 support level, leading to approximately $120 million in long position liquidations. Despite the significant drop, this isn't indicative of a market …
Read moreBitcoin Surges Over $60,000 Amidst Mixed US Jobs Report
May 3, 2024
Bitcoin Rally Amidst Economic Fluctuations Data from Trading Economics indicates a slight increase in unemployment to 3.9% in April. However, an uptick in non-farm payrolls by 175,000 offset this rise, …
Read moreHong Kong Asset Manager's Big Bet on BlackRock's Bitcoin ETF Surpasses $38M
May 3, 2024
OverviewData from Farside depict outflows of $34.4 million from Bitcoin exchange-traded funds (ETFs) on May 2. The only exception was Grayscale's GBTC, indicating a positive shift from May 1, when …
Read moreCrypto Rally Predicted by Billionaire Hayes Amid 'Stealth Money Printing'
May 3, 2024
BTC billionaire Arthur Hayes has predicted a 'slow grind higher' for the market, stating that the bottom may already be in. Coupling this with the broader macroeconomic signals of 'stealth …
Read moreRecord $70.5 Million Loss in Crypto 'Address Poisoning' Scam
May 3, 2024
A crypto trader suffered a severe blow, losing out on 1,155 Wrapped Bitcoin (WBTC), equivalent to $70.5 million in an 'address poisoning' scam, an all-time high for this type of …
Read morePolkadot Soars in Q1, Gavin Wood Details JAM Upgrade Plans
May 3, 2024
The Polkadot ecosystem experienced significant growth in the first quarter of 2024, according to a report. The market cap of Polkadot's native DOT token increased to $12.7 billion from $8.4 …
Read moreDiscontent Brews in Friend.tech Community Following Token and V2 Launch
May 3, 2024
The web3 social media platform, Friend.tech, has encountered significant backlash from its community members in the wake of a mishandled token and version 2 (V2) launch. This comes alongside the …
Read moreSolana Witnesses Positive Movement Amid DeFi and Gaming Developments
May 3, 2024
Solana's value has seen an upward correction from the $120 zone and could potentially accelerate if it sees a close above the significant $142 resistance. Concurrently, notable strides in the …
Read moreCrypto Market Watch: Bitcoin and Ethereum's Path to Recovery
May 3, 2024
Despite enduring significant price drops over the past week, market leaders Bitcoin and Ethereum are showing signs of a recovering market. Bitcoin, after embracing support near the $56,350 zone, is …
Read moreEx-FTX Europe Chief Acquires Historic $1.5M Gold Watch from Titanic
May 3, 2024
Former Head of FTX Europe, Patrick Gruhn, has reportedly made an exorbitant purchase of a historic gold pocket watch, recovered from the Titanic wreckage. This unique artifact, linked to the …
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