Binance exchange locked withdrawals on some accounts that were profiting off massively volatile coins. CZ explained on Twitter that this was normal market behavior and sometimes these things happen in free markets. The altcoins in question include … [Continue reading]
ATOM Price Prediction for December 11: Cosmos bulls eye a quick rally
ATOM price has signaled the start of a potential uptrend by producing a higher high above $9.89. A pullback into the FVG range, extending from $9.78 to $9.83 will be a buy sign, before a quick run-up to $10.56. A four-hour candlestick close below … [Continue reading]
Fantom price eyes breakout from multi-month consolidation, FTM holders could triple investment
Fantom price shows a consolidation below a trend line connecting the lower highs produced since May 23. A breakout from this setup could result in a minor move to $0.317, but depending on the momentum, FTM could rally 170%. A daily candlestick close … [Continue reading]
Bitcoin price will provide patient investors an opportunity to accumulate before $20,000
Bitcoin price shows a tight consolidation below the midpoint of an ascending parallel channel. A sweep of the range high at $17,433 will be a signal before sliding down to the $16,502 accumulation level. A four-hour candlestick close below $16,502 … [Continue reading]
Cardano price prediction for December 10: ADA bulls get one more chance
Cardano price hovers above the $0.310 support level and has a chance of a quick run-up. ADA bulls need to flip the $0.321 hurdle to kick-start a move to $0.379. A four-hour candlestick close below $0.299 will invalidate the bullish thesis. Cardano … [Continue reading]
XRP Price Analysis: Traders can long Ripple at this level for 20% gain
XRP price struggles to move above the $0.400 hurdle as volatility disappears. A retest of the FVG, extending from $0.368 to $0.363 is a good place to enter long position to realize 20% gains. Invalidation of this bullish outlook will occur if Ripple … [Continue reading]
Elon Musk says recession likely if “Fed raises rates again next week”
Elon Musk tweeted on December 9, highlighting his concerns about an incoming recession. Another hike in interest rate from the US Federal Reserve could kick-start a recession. Musk’s favorite crypto, Dogecoin seems to be stuck trading in a range and … [Continue reading]
Binance CEO Changpeng Zhao calls out Kevin O’Leary for defending “fraudster”
Binance CEO Changpeng Zhao tweeted about Kevin O’Leary’s shift from hating crypto to advocating it. Kevin O’Leary defends his pivot by saying that he was an investor in crypto due to the changing regulatory landscape. CZ, however, calls ex-FTX CEO … [Continue reading]
FTT price rallies by 25% as FTX founder Sam Bankman-Fried suggests issuing new token
FTX former CEO Sam Bankman-Fried agreed with a Twitter post of allotting 100% of the profits to token holders. Sam Bankman-Fried also blamed the fallout of the FTX buyout by Binance on the latter exchange's CEO, Changpeng Zhao. FTT price shot up by … [Continue reading]
The Block’s CEO resigns as $27 million in loans from Sam Bankman Fried’s Alameda Research come to light
The Block’s former head Michael McCaffrey, discreetly borrowed funds from Alameda Research on three different occasions. The revelation of loans led to McCaffrey being asked to step down, as The Block leadership team denied any prior knowledge … [Continue reading]