ProShares Wants You to Short Bitcoin Through Its New ETF
On Monday (June 20), John Carvalho, former CCO at Bitrefill and currently CEO at Synonym Software Ltd, shared his thoughts on Bitcoin. Synonym, which is owned by Tether Holdings, says on the landing page of its website that it has “designed a strategy and model for facilitating and...
Stellar lumen price started a fresh decline from the $0.122 resistance against the US Dollar. XLM price is now trading below $0.1200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.1140 on the 4-hours chart (data feed via Kraken). The pair could continue to decline towards the $0.1000 support zone in the near term. Stellar lumen price is trading well below $0.1200 against the US Dollar, similar to bitcoin. XLM price must stay...
Solana Labs has released its latest upgrade on the network. The network upgrade has been well received by many in the community. Interestingly, despite the ongoing market correction, Solana [SOL] has managed to stay afloat as far as general price movement is concerned. However, several questions have made their way into the Solana DeFi camp lately, especially considering its latest dips.
Popular anti-crypto proponent Peter Schiff is once again making headlines following his latest prediction. The Euro Pacific Capital Inc. CEO recently claimed that he expects the future of the crypto-industry to be quite different from what it has been. He also notably added that he does not expect Bitcoin [BTC] to be part of cryptocurrency’s future. “Crypto likely has a future, but Bitcoin will not be a part of it.” The statement was part of a
Data shows the Bitcoin mining hashrate has already plunged down since the new all-time high as the crypto’s price has continued to struggle.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana’s [SOL] recent movements corresponded to the fear sentiment as it dipped below its south-looking EMA ribbons. While the altcoin invalidated the bullish tendencies and broke down from its falling wedge, the $28-mark support has provided immediate grounds. A close above the six-week trendline resistance could open up short-term recovery opportunities, provided the bulls continue to boost the buying volumes. At...
Binance has brought around 101,266 bitcoins while the price of Bitcoin is hitting its low, this morning. The price of the world’s largest cryptocurrency slumped down to its lowest price of the year.
On Thursday (June 16), the day after Federal Reserve Chair Jerome Powell raised its policy interest rate by 0.75%, billionaire Mike Novogratz was asked to share his thoughts on the crypto market. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a technology-driven financial services and investment management...