Crypto Strategist Called 2018’s Market Bottom Warns $ETH and $BNB Are Showing Bearish Signals

A popular cryptocurrency strategist who accurately predicted the 2018 bear market bottom at around $3,200 months before it occurred, has cautioned his followers that both Ethereum ($ETH) and $BNB, two major cryptocurrencies, are showing bearish signals. The pseudonymous strategist, who goes by Smart Contracter on the microblogging platform Twitter, has said Ethereum’s price chart shows a bearish continuation pattern, similar […]

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Dormant Ethereum ($ETH) Whale Awakens and Moves $16 Million as Crypto Markets Drop

A previously dormant Ethereum ($ETH) whale has suddenly become active earlier this week as cryptocurrency markets dropped, with transactions moving over 10,000 tokens worth about $16 million seeing the whale nearly empty its wallet. According to blockchain monitoring service Lookonchain, the whale has moved 10,266 ETH tokens that it acquired by mining Ethereum back in 2017, meaning the whale was […]

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Crypto Investment Products' AUM Surge as Sector Continues to Outperform Traditional Investments

Cryptocurrency investment products have continued to see positive growth in the early months of 2023, with total assets under management (AUM) reaching a record high of $28.3b billion in February, up 5.25% from the previous month, at a time in which digital assets keep outperforming traditional investments. According to CryptoCompare’s latest Digital Assets Management Review report, the rise in assets […]

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Little-known Cryptocurrency $TRU Surges Nearly 60% in a Week After Massive Whale Starts Accumulating

A little-known cryptocurrency has seen its price surge nearly 60% in a week after a massive crypto whale accumulated around $1.18 million worth of the cryptocurrency, whose current market capitalization is below the $100 million mark. According to data from blockchain monitoring service Lookonchain, the cryptocurrency whale bought earlier this week 7.32 million TrueFi ($TRU) tokens worth approximately $500,000 on […]

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BitMEX Co-Founder Arthur Hayes Warns of Massive Crypto Correction Before Sustained Bull Run

Arthur Hayes, Co-Founder and former CEO of crypto derivatives exchange BitMEX, has warned that he believes a massive cryptocurrency price correction is coming, but noted that after it there could be a sustained bull run he is “super bullish” about. During an interview on the Crypto Banter show, Hayes said that the flagship cryptocurrency Bitcoin and other risk assets are likely […]

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Ethereum-Based AI Project Token Soars After Forming Partnership With Electronics Giant Bosch

The price of the Ethereum-based artificial intelligence (AI) project Fetch.ai ($FET) has soared earlier this week after the team behind it revealed a new partnership with electronics giant Bosch, in a move that will establish a Web3 Foundation to “promote industrial applications.” The partnership will result in the Fetch.ai Foundation, which will “focus on the tenets of transparency, openness, neutrality, […]

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PayPal Held Over $600 Million in $BTC, $ETH and Others at End of 2022, Filing Reveals

Fintech giant PayPal held, as of December 31, 2022, a total of $604 million in various cryptocurrencies on behalf of its customers, including Bitcoin ($BTC), Ethereum ($ETH), Litecoin ($LTC), and Bitcoin Cash ($BCH). The holdings were revealed in its annual report, filed with the U.S. Securities and Exchange Commission (SEC). The lion’s share of PayPal users’ cryptocurrency holdings were in […]

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