Features Crypto News by Thebittimes.Com

As on-chain crypto exchange HyperLiquid gained popularity and its proprietary token HYPE reached all-time highs on Monday, misrepresentations about its traders’ profits spread across social media.  Crypto historian Smolting, known by his X handle InverseBrah, logged one particularly egregious example of a HyperLiquid trader — who had actually lost millions of dollars overall — climbing the wealth leaderboard. Unfortunately, HyperLiquid’s profit and loss (PnL) dashboards can be confusing. By the end of the day on Monday, for example, HyperLiquid’s leaderboard claimed that its most profitable trader made more than $400 million in profit in the past 30 days despite no trading volume during those 30 days . It’s the same story for the next three positions on the leaderboard: $200 million, $82 million, and $77 million in profit despite $0 trading volume. Only the fourth-ranked trader or lower had actually traded this month. A Binance wannabe spawning offshore ...

In January 2025, the cryptocurrency market proved it can still move just as fast as it did in the final quarter of 2024 and as in the most dynamic periods in its history. Bitcoin (BTC) underwent a remarkable journey since the year started as it hit lows just under $90,000 as recently as January 13 only to recover toward new all-time highs (ATH) above $108,000 on January 20.  By press time, BTC is 14.40% in the green year-to-date (YTD) and is changing hands at $107,378. Picks for you R. Kiyosaki breaks down Trump coin—Should you buy? 28 mins ago 2 cryptocurrencies to reach $50 billion market cap in Q1 2025 17 hours ago Mining expert pre...

The Moo Deng price has plunged 22% in the last 24 hours to trade at $0.2055 as of 3:25 a.m. EST on a 4.6 % surge in trading volume to $164 million. The MOODENG token is based on a pygmy hippo from a zoo in Thailand that went viral online. Even ESPN has picked up on the phenomenon of Moo Deng, which means “bouncy pork” in Thai. It posted pictures of Moo Deng on its X account wearing various sports vests connected to the WNBA semi-finals. MOODeng for the WNBA semifinals getting started today🔥 Aces-Liberty | 3:00 PM ET on ABC Sun-Lynx | 8:30 PM ET on ESPN pic.twitter.com/W3T1fENykJ — ESPN (@espn) September 29, 2024 Moo Deng Price Signals A Bullish Trend Reversal The MOODENG/USD price action shows an upward trend following a parabolic curve, indicating a strong bullish rally. With this sharp increase, the MOODENG price has now consolidated to around the $0.677 level, forming a support zone where the bulls have initiated a reversal The 50 SMA (simple ...

The Bitcoin price tumbled 1% in the last 24 hours to trade at $56,141 as of 03:40 a.m. EST on trading volume that dropped 10% to $30 billion. This comes as the odds of Kamala Harris becoming the next president rose on betting platforms including Polymarket. Harris’ winning odds rose from 46% to tie with Trump at 49% after the debate. World's largest prediction market. Before the debate After the debate pic.twitter.com/p1KjOOFZU1 — i/o (@eyeslasho) September 11, 2024 Moreover, bettors on Polymarket indicate a 94% probability that Harris won the debate. Bitcoin briefly rose above the $58,000 market in the hours leading up to the debate, but dipped to lows of around $56,700 during the debate, and is now trading below $56,300. Bitcoin Price Aims For A Bullish Trend Reversal The Bitcoin price dropped from August 29 to September 7, as the bears took control of the price at the $61,100 resistance to drop to the $53,500 support, accord...

Bitcoin is seeing a "logical and healthy" pullback, commentary states, with $25,000 now a key BTC price line in the sand. Bitcoin (BTC) barely held $27,000 on April 22 as another round of losses left bulls with little firepower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Giant RSI support retest greets Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/USD just preserving the $27,000 mark on the day after the Wall Street trading week ended on a sour note. In contrast to United States equities, which managed to seal modest gains on the day, Bitcoin continued to suffer as analysts warned of a return to nearer $25,000. With that, BTC/USD was down 10% for the week and 4% in April overall, according to data from monitoring resource Coinglass, amid a dramatic turnaround in fortunes versus much of Q1. Bitcoin monthly returns chart (screenshot). Source: Coinglass For popular trader Credible Crypto, however, there was still every reason to h...

Anything could happen in the coming weeks and months when Bitcoin attempts to break out of its post-FTX trading range. Bitcoin (BTC) is approaching the end of 2022 at levels not seen in over two years — what do traders think will happen next? BTC price reeling from USD strength Currently down 15% in Q4 and over 60% year-to-date, BTC/USD has few bullish allies as 2023 looms. Struggling to recover from the ongoing FTX scandal and associated fallout, the largest cryptocurrency giving back all the gains seen since late 2020 is indicative of the crypto market as a whole. Risk assets are in a precious position themselves, as Cointelegraph reported, while eyes are also on the strength of the U.S. dollar going into the new year. Cointelegraph takes a look at the diverging opinions among some popular traders when it comes to what BTC price action could do in Q1, 2023. Crypto Tony: Short with daily range low target One market participant taking no chances on the last day of trading on Wall Stre...

Expectations of stringent regulation and further contagion from FTX continue to weigh on ETH price, but derivatives are showing a modest improvement in sentiment. Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors' sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28. Newsflow remained negative after the United States Treasury Department's Office of Foreign Assets Control (OFAC) announced a settlement with Kraken exchange for "apparent violations of sanctions against Iran." In a Nov. 28 announcement, the OFAC said Kraken had agreed to pay more than $362,000 as part of a deal "to settle its potential civil liability." Moreover, on Nov. 28, institutional crypto financial services provider Silvergate Capital denied rumors of significant exposure to Blo...