The Bank of Japan’s June meeting could trigger a Bitcoin rally if it restarts quantitative easing, as bond yield concerns push institutions toward BTC as a hedge. The Bank of Japan’s (BOJ) upcoming monetary policy meeting in June may provide the next significant catalyst for global risk assets like stocks and cryptocurrencies. The BoJ is […]
Five members of an international crypto scam ring are accused of stealing nearly $37 million from American victims and sending the funds to Cambodia. Five men have pleaded guilty to their roles in a $36.9 million international crypto scam scheme that targeted Americans, with funds ultimately being sent to a crypto scam center in Cambodia. […]
The funds are on top of the $25 million that Ripple committed last month to education nonprofit organizations in the US. Ripple Labs is set to commit an additional $5 million to help fund academic research and foster blockchain talent in the Asia-Pacific region. In a blog post on Tuesday, Ripple Labs said it will […]
Bitcoin price recovers above $109,000 as multiple BTC market metrics show an improvement in investor sentiment. Bitcoin gained 3.6% to above $109,000 on June 10, fueled by US-China trade talks and high open interest in the futures market. A BTC price bull-flag is in play on the chart, targeting $158,000. Bitcoin BTC $109,267 is up […]
The case for holding Bitcoin on a firm’s balance sheet is compelling, CoinShares’ Butterfill told , and “the pace of adoption is accelerating.” Strategy became the first publicly traded company to adopt Bitcoin as its primary treasury reserve asset in August 2020, but not many major tech firms have followed since. Treasury reserves, sometimes called […]
Bitcoin’s failure to hold above $83,000 increases the chance of a liquidity grab below the price range lows. Bitcoin (BTC) price bounced quickly from its five-month low of $74,300 to reach $83,565 on April 9, but the rejection from the $83,500 level raises questions about whether BTC will be able to hold the $80,000 zone. […]
Automating crypto trades with Grok 3 might seem promising, but issues like data loss and inaccurate signals can hurt your performance in a fast-paced market. Grok 3 adjusts its predictions based on evolving market trends by analyzing real-time data patterns. Combining technical analysis with sentiment data improves accuracy; Grok 3 effectively identifies potential trade opportunities. […]
Crypto traders can use ChatGPT to decode crypto headlines and generate actionable trade setups — fast, flexible and surprisingly accurate (subject to human verification). ChatGPT can analyze crypto news headlines and generate actionable trade signals, helping traders make faster and more informed decisions. Well-crafted prompts are essential — the more specific your instructions, the more […]
Bear raids are manipulative tactics at the hands of whales in crypto trading. Whales use them to trigger panic among retail investors and profit from price drops. Bear raids involve deliberate efforts by whales to drive down crypto prices using short-selling, FUD and large-scale sell-offs to trigger panic and profit from the dip. These raids […]
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait. The Hong Kong Virtual Asset Exchange (HKVAX) has become the third cryptocurrency exchange to receive licensing from the Special Administrative Region’s Securities and Futures Commission (SFC) to serve retail customers. It is the third exchange to receive […]