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BlackRock’s recent transfers of $589 million in Bitcoin and Ethereum represent ETF redemptions, not new purchases, highlighting institutional outflows amid market volatility near $91,000 for BTC. These on-chain movements from Coinbase involve 4,044 BTC and 80,121 ETH, reflecting market makers’ hedging after investor exits. The volatility signals a maturing crypto market transitioning to institutional frameworks. […]
A Bitcoin scam in West Palm Beach tricked an elderly man into depositing $22,000 at a Bitcoin ATM after fake Amazon texts and calls from a supposed Federal Trade Commission agent claimed his account was compromised and he faced money laundering charges. Police warn this is a common tactic targeting seniors during the holiday season. […]
A Daytona Beach Shores man lost over $317,000 in a cryptocurrency investment scam orchestrated by a fake identity named Astrid Orlov, who lured him via text message and convinced him to invest in the fraudulent XM DeFi platform through promises of gold and digital asset trading profits. The scam began with a mistaken text about […]
Arthur Hayes maintains his bold prediction that Bitcoin could surge to $250,000 by the end of 2025, driven by factors like bottomed liquidity, Federal Reserve rate cuts, and the end of quantitative tightening. This outlook persists despite recent market volatility, positioning BTC for a potential 170% rally from current levels. Bitcoin has rebounded 12% from […]
Ethereum’s price is holding steady at around $3,000 ahead of the Fusaka upgrade on December 3, 2025, with a neutral MVRV ratio of 1.27 indicating balanced market sentiment. Increased staking and a higher block gas limit suggest growing investor confidence for potential network improvements and price stability. Ethereum’s MVRV at 1.27 shows neutral positioning, avoiding […]
Ethereum’s ETH/BTC pair has broken out of a multi-month falling wedge, signaling a potential shift in relative strength against Bitcoin. This breakout follows weeks of compressed trading, with fresh momentum driving intraday outperformance and rising volume indicating building buyer interest amid muted sentiment. ETH breaks a multi-month falling wedge against BTC after prolonged consolidation. Intraday […]
Arthur Hayes warns that Monad’s token structure, with its high fully diluted value and low circulating supply, makes it prone to a 99% selloff, labeling it a venture capital-driven project lacking real adoption. High FDV projects like Monad often see initial price surges followed by sharp declines as insider tokens unlock. Hayes predicts only a […]
Ethereum’s price is poised for a rebound to $7,000–$9,000 in early 2025 after a potential dip to $2,500, driven by fading selling pressure and its robust developer ecosystem, as forecasted by market analyst Tom Lee. Bitcoin’s sustained $2 trillion valuation underscores its enduring dominance in the crypto market. Bitcoin’s $2 trillion market cap highlights its […]
CalPERS has incurred significant losses on its MicroStrategy investment, dropping from over $144 million to about $80 million due to a 45% stock plunge tied to Bitcoin’s decline and broader market pressures. This volatile holding represents a minor portion of the fund’s $550 billion portfolio. CalPERS’ MicroStrategy stake: Acquired 448,157 shares worth $144 million in […]