Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. […]
Rebel Satoshi Positions Itself as a Bull Market Meme Coin
While trends in the crypto world may come and go, the Meme coin fever appears to be here to stay. Within the cryptocurrency realm, a diverse range of trends, including DeFi, NFTs, and Meme tokens, have emerged. One project that stands out in the quest to harness the Meme coin trend and benefit from the […]
Bitcoin’s Meteoric Rise to $35,000 Erases $232M in Short Positions in Just 24 Hours
On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $ 35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto assets like bitcoin …
Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions
In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $ 78.92 million were cleared out. This sum represented 57% of the overall $ 136.29 million in short positions erased in the last 24 hours. Misleading Report on SEC …