financial news

Whale's $324K ETH Dump: Genius Move or Epic Fail? We Analyze!

Whale's $324K ETH Dump: Genius Move or Epic Fail? We Analyze!

It’s truly an amazing time to be in the world of cryptocurrency. When they do, for example, those whales—holders or investors who account for a sizable portion of all crypto assets—move the market by causing ripples. Just recently, an Ethereum (ETH) whale caught the market’s attention by dumping a significant...

Bitcoin Eyes Record Weekly Close, Fueling Bullish Market Sentiment

Bitcoin Eyes Record Weekly Close, Fueling Bullish Market Sentiment

As of April 26, 2021, Bitcoin is about to make its new record weekly close. Perhaps this surge will help to spark a concurrent boom in the rest of the cryptocurrency market. The top digital asset reached a high of $106,693.69 and hit a 24-hour gain of 1.36%. Despite ongoing...

Berachain Navigates $106 Million Outflow Amid Market Shifts

Berachain Navigates $106 Million Outflow Amid Market Shifts

Berachain is now facing large outflows, $106 million in the last 24 hours, indicating a potential market reversal. These moves of capital are a sign that investors might be re-deploying their capital, maybe even as a result of speculative trading behavior. The sudden outflows are an early indication of the...

Ethereum's $2.4K Lifeline: Rally Ahead or False Hope?

Ethereum's $2.4K Lifeline: Rally Ahead or False Hope?

Ethereum, the second-largest cryptocurrency by market capitalization, is at a critical crossroads. The $2,400 level was indeed the marquee point of focus in the entire market. It’s a critical place where long-standing opposition might have turned into fresh favor. Miles O’Connor is a careful student of altcoin economics. In this...

Bitcoin Breaks $107,000 as US Firms Increase Crypto Holdings

Bitcoin Breaks $107,000 as US Firms Increase Crypto Holdings

Bitcoin's price has surged past $107,000, driven by increased adoption from U.S. firms and growing acceptance within the financial system. Its increasing strength, even during times of chaos and volatility, is bringing a record amount of investment—with more than 140 publicly listed companies now holding Bitcoin. This current increase is...

Crypto Defies Fears: $1.24B Flows In Despite Global Unrest

Crypto Defies Fears: $1.24B Flows In Despite Global Unrest

Some have argued that the crypto market has been incredibly resilient despite increasing geopolitical tensions such as those arising from the Israel-Iran conflict. Large capital inflows are an unmistakable indicator of developing investor assurance. Miles O’Connor is actively monitoring the burgeoning trend in altcoin economics. He points to it as...

Ethereum's Dip: Why You Shouldn't Panic (Yet)

Ethereum's Dip: Why You Shouldn't Panic (Yet)

Seeing red on your screen? Yeah, me too. That Ethereum price dip stings, doesn't it? A 13.6% drop in a week? It’s like you just dropped your stomach onto the rollercoaster floor. Is this the death knell for the ETH vision? Hold on a second. Let's breathe.Market Doing What Markets...

Trump's Ceasefire Claim: Did It Really Fuel the Altcoin Surge?

Trump's Ceasefire Claim: Did It Really Fuel the Altcoin Surge?

As we all know, the crypto market is a bit of a wild animal, prone to over-react to news/events with irrational exuberance (or despair). Look how easily altcoin prices pumped under the weight of assertions of an Israel/Iran ceasefire! It was former U.S. President Donald Trump who first made this...

Bitcoin Rises as Altcoins Tumble Amid Geopolitical Tensions

Bitcoin Rises as Altcoins Tumble Amid Geopolitical Tensions

Just like before, Bitcoin’s resilience is shining through – this time as the geopolitical powder keg between Israel and Iran threatens to explode. Growing jitters about a wider war, including the US, are driving investors towards the safety of Bitcoin. At the same time, Ethereum, Solana, XRP, and most of...

Altcoins Navigate Mideast Tensions Amid Market Volatility

Altcoins Navigate Mideast Tensions Amid Market Volatility

Geopolitical events have especially thrown the crypto market into a current storm of volatility, as conflicts intensify in the Middle East. In the midst of this volatility, a handful of altcoins are making headlines with their impressive price action, piquing the interest of crypto investors and traders everywhere. This article...