1 day ago • cointelegraph
Tether Treasury receives two $50M USDT lump sums from Bitfinex
Two transactions showed lump sums of $500,000,000 in USDT being transferred from Bitfinex to the Tether Treasury only a few minutes apart.
1 day ago • cointelegraph
Is Uptober here? Bitcoin, Ethereum suddenly pumps, wiping $70M in shorts
The price of Bitcoin and Ethereum surged nearly 4% in just a 15-minute window, sparking bullish predictions for the remainder of October.
6 days ago • cryptopotato
New Crypto Launch to Watch: Bitcoin Minetrix Introduces Stake-to-Mine, Raises $100k Within Minutes
A new crypto project has burst onto the scene during the first day of its presale, raising over $100,000 within minutes of its launch. This exciting newcomer – Bitcoin Minetrix (BTCMTX), is debuting an innovative Stake-to-Mine mechanism, allowing everyday crypto investors to participate in the Bitcoin (BTC) mining process easily. Given its impressive market entrance, […]
8 days ago • nulltx
Making Informed Investments: A Lesson From A Whale’s $15K Loss On $ARB
Approximately 40 minutes ago, a notable crypto investor withdrew a substantial amount of $ARB tokens, totaling $1.14 million, from the popular exchange #Binance. This move came after the investor had initially deposited $1.13 million worth of $ARB on July 3rd when the token was valued at $1.17 per coin, resulting in a loss of approximately […]
14 days ago • nulltx
Ethereum ICO Whale Deposits 6,000 ETH Into Kraken, Sparks Selling Pressure Speculations
In a significant move in the world of cryptocurrency, an Ethereum whale recently deposited a substantial amount of 6,000 ETH (Ethereum) into the Kraken exchange, with a current valuation of approximately $9.96 million. This transaction, occurring just 50 minutes ago, has piqued the interest of the crypto community due to the whale’s unique history as […]
19 days ago • cryptopotato
Ethereum vs. Bitcoin Spark: An Unbiased Comparison
Ethereum is a well-known open-source smart contracting platform with massive contributions to the DeFi world. The platform’s development was pioneered through crowdfunding, which took place in 2014. The platform was co-founded by a millennial named Vitalik Buterin, born in 1994. Ethereum is an inflationary crypto platform, meaning Ether, the platform’s native utility token, has no […]
34 days ago • cryptodaily
Bitcoin Price Analysis: Gains Partially Retained – 31 August 2023
Bitcoin Price Analysis: Gains Partially Retained – 31 August 2023
Bitcoin (BTC/USD) continued to retain some of its gains early in the Asian session as the pair sought to remain above the 26709.83 level, representing the 50% retracement of the appreciating range from 25234.76 to 28184.89. During the pair’s rapid ascent above the 28000 figure, Stops were elected above key technical levels during the huge rally including the 27139, 27466, 27728, and 27766 areas. Related upside technical levels that BTC/USD could test in the short-term include the 28316, 28548, 29145, 29330, and 30183 areas. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Following the upside run, areas of technical support and potential buying pressure include the 26947, 26620, 26293, and 25828 levels.
Stops were elected below the 27314 and 27234 levels during the pullback after the print around the 28184 area, downside price objectives associated with selling pressure around the 27941 and 27778 areas. Related short-term downside price objectives include the 27045, 27009, 26732, and 26283 levels. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).
Price activity is nearest the100-bar MA(4-hourly) at 27068.11 and the50-bar MA(Hourly) at 26770.83.
Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below.
Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above.
On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bullishly above MACDAverage.
On60-minutechart,SlowKis Bearishly below SlowDwhileMACDisBearishly below MACDAverage.
Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis
34 days ago • cryptodaily
Bitcoin Price Analysis: Monster Gains Scored – 30 August 2023
Bitcoin Price Analysis: Monster Gains Scored – 30 August 2023
Bitcoin (BTC/USD) sought to add to major gains early in the Asian session as the pair rocketed higher to trade above the 28000 area for the first time in more than ten days, printing around the 28184.89 area. Stops were elected above key technical levels during the huge rally including the 27139, 27466, 27728, and 27766 areas. Related levels that BTC/USD could test in the short-term include the 28316, 28548, 29145, 29330, and 30183 areas. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Following the upside run, areas of technical support and potential buying pressure include the 26947, 26620, 26293, and 25828 levels.
Below the market, Stops are cited below the 25706, 25698, 25645, 25493, and 25363 levels, downside price objectives related to selling pressure around the 26818 and 26567 areas. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).
Price activity is nearest the200-bar MA(4-hourly) at 28218.39 and the50-bar MA(Hourly) at 26131.27.
Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below.
Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above.
On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bullishly above MACDAverage.
On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBullishly above MACDAverage.
Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis
Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
35 days ago • cryptodaily
Bitcoin Price Analysis: Bearish Reversal at 26187 - 29 August 2023
Bitcoin Price Analysis: Bearish Reversal at 26187 – 29 August 2023
Bitcoin (BTC/USD) retained a negative bias early in the North American session as the pair ran out of upward momentum around the 26187.70 area and came off to the 25903.18 level, representing a test of a downside price objective associated with selling pressure around the 26567.38 area. Technical trading was also recently evident when upside progress reversed around the 26232.88 area, right around a downside price objective linked to recent downward pressure around the 26787.41 and 26567.38 levels. Stops are cited below the 25706, 25698, 25645, 25493, and 25363 levels, downside price objectives related to selling pressure around the 26818 and 26567 areas. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. Following recent selling pressure, areas of technical resistance and potential selling pressure include the 27139, 27728, 27766, 28316, 28548, 29154, 29330, and 30443 levels.
The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 200-bar MA (hourly) and above the 100-bar MA (hourly).
Price activity is nearest the50-bar MA(4-hourly) at 26078.91 and the100-bar MA(Hourly) at 26040.47.
Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below.
Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above.
On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bullishly above MACDAverage.
On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBearishly below MACDAverage.
Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis
Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
36 days ago • cryptodaily
Bitcoin Price Analysis: Bears Eyeing 25363 – 29 August 2023
Bitcoin Price Analysis: Bears Eyeing 25363 – 29 August 2023
Bitcoin (BTC/USD) retained a bearish bias early in the Asian session as the pair continued to plumb lows following selling pressure that intensified around the 26171.87 area after sellers emerged around the 26818.28 area, representing the 23.6% retracement of the depreciating range from 31862.21 to 25234.76. Some selling pressure reversed around the 25850 area, just above the 25842 area that represents a recent upside price objective related to buying pressure around the 25350 area. Stops are cited below the 25706, 25698, 25645, 25493, and 25363 levels, downside price objectives related to selling pressure around the 26818 and 26567 areas. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. Following recent selling pressure, areas of technical resistance and potential selling pressure include the 27139, 27728, 27766, 28316, 28548, 29154, 29330, and 30443 levels.
The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly).
Price activity is nearest the50-bar MA(4-hourly) at 26081.67 and the50-bar MA(Hourly) at 26037.53.
Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below.
Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above.
On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bullishly above MACDAverage.
On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBearishly below MACDAverage.
Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis
Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
37 days ago • cryptodaily
Bitcoin Price Analysis: Magnetic 26006 Level – 28 August 2023
Bitcoin Price Analysis: Magnetic 26006 Level – 28 August 2023
Bitcoin (BTC/USD) sought fresh technical guidance early in the Asian session as the pair continued to trade around the 26006 area, representing a downside price objective associated with selling pressure around the 31862.21 and 30222 areas. Price activity recently spiked to test the 26296 area before coming off to the 25750 area, representing a test of the 78.6% retracement of the appreciating range from 25610 to 26296.78. Stops were recently elected above the 28778.57 area, a level that represents the 50% retracement of the depreciating range from 31862.21 to 21694.92. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. Following recent selling pressure, areas of technical resistance and potential selling pressure include the 27139, 27728, 27766, 28316, 28548, 29154, 29330, and 30443 levels.
The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly).
Price activity is nearest the50-bar MA(4-hourly) at 26008.97 and the200-bar MA(Hourly) at 26092.91.
Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below.
Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above.
On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bullishly above MACDAverage.
On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBullishly above MACDAverage.
Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis
Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
38 days ago • cryptodaily
Bitcoin Price Analysis: Orbiting 26034 Level – 27 August 2023
Bitcoin Price Analysis: Orbiting 26034 Level – 27 August 2023
Bitcoin (BTC/USD) remained confined to a tight range early in the Asian session as the pair orbited the 26034.43 area, right around the 38.2% retracement of the appreciating range from 25610 to 26296.78. Price activity spiked to test the 26296 area before coming off to the 25750 area, representing a test of the 78.6% retracement of the same appreciating range. During a recent appreciation, Stops were elected above the 28778.57 area, a level that represents the 50% retracement of the depreciating range from 31862.21 to 21694.92. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. Following recent selling pressure, areas of technical resistance and potential selling pressure include the 27139, 27728, 27766, 28316, 28548, 29154, 29330, and 30443 levels.
The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly).
Price activity is nearest the50-bar MA(4-hourly) at 26114.43 and the50-bar MA(Hourly) at 26051.83.
Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below.
Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above.
On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bullishly above MACDAverage.
On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBullishly above MACDAverage.
Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis
Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
39 days ago • cryptodaily
Bitcoin Price Analysis: Congestion Below 26944 - 26 August 2023
Bitcoin Price Analysis: BTC/USD Congestion Below 26944 – 26 August 2023
Bitcoin (BTC/USD) attempted to retain some of its recovered ground early in the Asian session as the pair sold off from the 26818.28 area after encountering buying pressure around the 25350 area. After tumbling from the 26567 area, upward pressure emerged around the 25850 level, representing a test of an upside price objective related to recent buying activity around the 25350 and 25796 levels. During a recent appreciation, Stops were elected above the 28778.57 area, a level that represents the 50% retracement of the depreciating range from 31862.21 to 21694.92. Areas of technical support and potential buying pressure in appreciating ranges from the 15460 and 19568.52 levels include the 23661, 22793, and 21725 levels. Following recent selling pressure, areas of technical resistance and potential selling pressure include the 27139, 27728, 27766, 28316, 28548, 29154, 29330, and 30443 levels.
The recent fresh multi-month low around the 25234.76 area represented a test of a major downside price objective around the 25128.94 area that is associated with selling pressure that increased around the 31862.21 and 30421.29 levels in July. Above the market, upside price objectives include the 30526, 30611, 30762, and 31145 areas. Upside price objectives related to other levels of buying pressure include the 32125 and 33569 areas, and Stops are cited above additional upside price objectives around the 32043, 34531, 34658, and 35912 areas. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 200-bar MA (hourly) and above the 100-bar MA (hourly).
Price activity is nearest the50-bar MA(4-hourly) at 26397.73 and the100-bar MA(Hourly) at 26117.97.
Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below.
Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above.
On4-Hourlychart,SlowKis Bearishly below SlowDwhileMACDis Bullishly above MACDAverage.
On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBullishly above MACDAverage.
Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis
Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
39 days ago • cryptodaily
PEPE Price Registers Drop As Large Transfers Spook Markets
The PEPE token registered a sharp decline in price after millions worth of the meme token flooded prominent crypto exchanges such as Binance, Bybit, and OKX.
The PEPE token is the third largest meme coin by market capitalization and has been the best-performing crypto asset of the ongoing year.
Troubling Multisig Changes And FUD
According to the information available, around 16 trillion PEPE tokens flowed out of the PEPE multisig wallet on Thursday. The tokens were transferred to several addresses associated with OKX, Bybit, and Binance. The transfer came shortly after a user flagged troubling changes to the Pepe multisig wallet. The user pointed out that Pepe’s multisig wallet had changed its threshold to 2/8 signatures. The initial requirement for the multisig wallet was ⅝ signatures.
“Any reason why the PEPE multisig wallet changed the threshold to just 2/8 signatures? Seems weird. This isn’t standard, right? Also, seems that some has been sent to exchanges.”
The massive flow of PEPE tokens saw a wave of Fear, Uncertainty, and Doubt (FUD), leading to the value of the token drop by nearly 15% in minutes. This has been the first time the wallet, which holds a majority of the token supply, has sent out such a large quantity of the meme coin to exchanges. Users are also worried about the fact that the last tweet from the PEPE X account was over two weeks ago, leaving users worried if they should be worried about a rug pull.
However, other users pushed back against the fear-mongering, stating that there was a minimal chance of a rug pull in the case of PEPE.
“Quick reminder to everyone - The only holders of more than 2.5% of PEPE are OKX and Binance, and of the top six holders, five are exchanges. Also, circulating supply = maximum supply. So there’s a minimal risk for traditional “rug” here. The token belongs to the community.”
What Next For PEPE?
The PEPE token’s price has dropped over the past 24 hours. The token was already in a bearish trend but has now dropped from $0.0000012 to around $0.0000008. Assuming the latest warnings about changes to Pepe’s multisig wallet are all FUD, the token’s underlying fundamentals look strong. According to data from Etherscan, the token is closing in on 140,000 token holders. This figure has seen a considerable increase over the past few months despite there being no major price pump.
This continued growth suggests that PEPE’s adoption as a crypto asset continues to grow, which bodes well for the future.
New PEPE Memecoin On BNB Chain
In June, the Pepe team had announced the launch of a new PEPE memecoin. The announcement came shortly after the launch of a similar token on Ethereum. The new token was issued as a BEP20 token on the BNB chain and has several unique mechanisms programmed into its tokenomics. The market capitalization for the PEPE token that debuted on Ethereum exceeded $1 billion by the 5th of May. The team behind the PEPE BNB token plans to launch multiple projects, with 13 launches scheduled for 2023.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
41 day ago • cointelegraph
Sam Bankman-Fried is low on meds, living on $3 peanut butter in prison
Lawyers representing the former FTX CEO say he's being served a “flesh diet” in prison even though he's vegan, and has been subsisting on bread, water and peanut butter.