Arthur Hayes buys SOL after 500% rebound: What does it mean for investors?
Arthur Hayes, the co-founder and former CEO of BitMEX, announced on November 2, 2023, that he had purchased Solana (SOL) at around $46.75. This came after SOL had already rebounded 500% from its market bottom of $8 in December 2022. Hayes’ purchase of SOL is a significant development, as he is a well-respected figure in…
Sodl’ Too Soon: US Gov’t Missed Bitcoin Gains Now Total $6B
The US government has missed out on over $6 billion in potential gains by selling its Bitcoin too soon. This article explores the reasons for this mistake and the implications for the future of Bitcoin regulation. Introduction: The US government is one of the largest holders of Bitcoin in the world. As of October 31,…
BTC Price Gets $36K FOMC Target as Bitcoin Prints 29% ‘Uptober’ Gains
Introduction Bitcoin (BTC) has seen its highest monthly close since May 2022 after “Uptober” delivered near 30% BTC price gains. The world’s largest cryptocurrency is now trading above $36,000, and some analysts believe it could reach $50,000 by the end of the year. One factor driving Bitcoin’s recent price surge is the upcoming Federal Open…
Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not Bitcoin
Warren Buffett is one of the most successful investors of all time. He is known for his value investing approach, which focuses on buying stocks of companies that are trading below their intrinsic value. Buffett has been a vocal critic of cryptocurrencies, but in 2021, he made a significant investment in Nu Holdings, a Brazilian…
Exchange flow gap hits 10K BTC — 5 things to know in Bitcoin this week
Introduction Bitcoin has had a mixed week, with prices trading in a tight range between $34,000 and $36,000. However, there have been a number of significant developments behind the scenes, including a record-breaking exchange flow gap. This article will take a look at five of the most important things to know about Bitcoin this week:…
Opinion: With Bitcoin’s halving months away, it may be time to go risk-on
Introduction Bitcoin’s halving event is scheduled to occur in April 2024, and many investors are already positioning themselves in anticipation of a potential bull run. The halving event is a significant event for Bitcoin, as it reduces the block reward for miners by half. This reduction in supply, combined with increasing demand, has historically led…
CME Bitcoin futures hit record high, but uncertainty looms above $36K
Introduction Bitcoin futures on the Chicago Mercantile Exchange (CME) hit a record high on November 1, 2023, with open interest reaching $3.65 billion. This suggests that institutional interest in Bitcoin is growing, as CME futures are one of the most popular ways for institutional investors to gain exposure to Bitcoin. However, despite the bullish sentiment…
Price analysis 11/3: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
Introduction The crypto markets news is constantly evolving, and prices can fluctuate wildly in a short period of time. As a result, it is important to conduct regular price analysis to identify trends and potential opportunities. In this article, we will analyze the prices of 10 popular cryptocurrencies on November 3, 2023: Bitcoin (BTC), Ether (ETH), Binance…
Bitcoin Bulls Defend $34K as Trader Predicts Next BTC Price ‘Impulse’
Bitcoin bulls defended the $34,000 support level on November 4, 2023, as one popular trader predicted that the next BTC price impulse could be on the horizon. Bitcoin Bulls Defend $34K Support Bitcoin has been trading in a relatively tight range between $34,000 and $36,000 for the past few weeks. On November 4, the price…
Why is Cardano price up today?
Introduction Cardano (ADA) is a proof-of-stake (PoS) blockchain platform that aims to provide a more scalable and sustainable alternative to Ethereum. Cardano is currently the 8th largest crypto market prediction by market capitalization, and its price has been on a steady rise in recent months. On November 5, 2023, Cardano’s price jumped 3.35% to $0.339, its highest…
