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Aussie Analyst Says Recurring Bitcoin Pattern Signals Potential Price Explosion China makeup mogul becomes billionaire on hot Hong Kong debut XRP, Dogecoin Dive 12% as Altcoin Carnage Leads to Highest Bullish Liquidation in Nearly 3 Years Time to Buy Bitcoin? MARA Acquires $1.1 Billion in BTC Hawk Tuah Haliey Welch's Memecoin Under Scanner as Price Plummets Shortly After Launch November Was a 'Monumental' Month for the Crypto Market, JPMorgan Says ‎SAIB scales 52-week high Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins Crypto Groups Push Ads, Letters to Oppose Democrat's SEC Commissioner Nomination Ethereum Price Stabilizes: Could $3,500 Be The Launchpad for a Rally?

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Aussie Analyst Says Recurring Bitcoin Pattern Signals Potential Price Explosion

The crypto world has surged with optimism following Donald Trump’s election, driven by hopes for improved regulatory clarity and innovation. Aussie analyst Jason Pizzino highlighted broader macroeconomic trends, noting that major indices like the S&P 500 are hitting all-time highs. Pizzino noted that Bitcoin has entered an accumulation phase, which has both followed and preceded historic all-time highs, potentially signalling further bullish momentum in the coming weeks. He believes that Solana, which has lagged behind Bitcoin since November, may be poised to reach US $300 if it can break through its resistance level at US $260. The crypto market has...

10.12.2024

China makeup mogul becomes billionaire on hot Hong Kong debut

One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87% after beginning trading in Hong Kong, capping a remarkable run that’s seen the former opera performer’s premium powders and lotions defy the nation’s consumer slowdown. His skincare and cosmetics firm Mao Geping Cosmetics Co., which listed Tuesday, raised HK$2.3 billion (about $300 million) in its initial public offering after upsizing the deal, according to a filing to the Hong Kong stock exchange. The first Chinese cosmetics brand to list in the city, it’s set for the biggest first-day increase...

10.12.2024

XRP, Dogecoin Dive 12% as Altcoin Carnage Leads to Highest Bullish Liquidation in Nearly 3 Years

XRP, Dogecoin Dive 12% as Altcoin Carnage Leads to Highest Bullish Liquidation in Nearly 3 Years Market analysts and traders warned of short-term selling pressure amid an overheated market after a November rally Updated Dec 10, 2024, 6:22 a.m. UTC Published Dec 10, 2024, 6:21 a.m. UTC Down arrow. (Shutterstock) What to know: XRP, dogecoin (DOGE) and Cardano’s ADA fell as much as 15% in the past 24 hours, data shows, as selling pressure mounted in late U.S. hours. No immediate reason spurred the selling pressure, but it came as internet giant Google announced benchmark tests on its new Willow...

10.12.2024

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Aussie Analyst Says Recurring Bitcoin Pattern Signals Potential Price Explosion

China makeup mogul becomes billionaire on hot Hong Kong debut

XRP, Dogecoin Dive 12% as Altcoin Carnage Leads to Highest Bullish Liquidation in Nearly 3 Years

Time to Buy Bitcoin? MARA Acquires $1.1 Billion in BTC

A leading Bitcoin (BTC) mining firm, Marathon Digital Holdings (MARA), has acquired a significant 11,774 BTC for $1.1 billion, as reported by MARA on X (formerly Twitter). MARA made these purchases during a recent market dip, acquiring BTC at an average cost of $96,000 each. MARA’s Bitcoin Holding With this notable BTC acquisition, MARA’s total Bitcoin holdings have soared to 40,435 BTC. Additionally, the firm has achieved a BTC yield of 12.3% quarter-to-date (QTD) and 47.6% year-to-date (YTD) so far. To fund this significant acquisition, MARA issued zero-coupon convertible notes, a type of loan that can later be converted into...

Hawk Tuah Haliey Welch's Memecoin Under Scanner as Price Plummets Shortly After Launch

Haliey Welch, 22, became a social media personality during the summers over the "hawk tuah" TikTok video, which instantly became a hit and enabled her to launch her own merchandise, the "Talk Tuah" podcast in September, and even an AI-based dating app called "Pookie Tools." Her Instagram presence swelled to 2.6 million followers, and she is often seen posting pictures with celebrities and inviting many of them, including Wiz Khalifa, to her popular podcast. In June, an interviewer on the street during the CMA Fest in Nashville, Tennessee, asked her about "the move in bed that makes a man go...

November Was a 'Monumental' Month for the Crypto Market, JPMorgan Says

Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said. Dec 9, 2024, 3:22 p.m. UTC November was a monumental month for the crypto market in terms of performance, activity, politics and sentiment, JPMorgan (JPM) said in a research report Monday. "President-elect Donald Trump's reelection triggered a historic rally and jump in market caps across the crypto ecosystem," analysts led by Kenneth Worthington wrote. This included tokens, decentralized finance (DeFi), stablecoins and publicly listed companies with crypto exposure. The bank noted that the crypto ecosystem recorded its best monthly return, with its market...

‎SAIB scales 52-week high

Tadawul trading screen Shares of The Saudi Investment Bank (SAIB) hit the highest level in 52 weeks today, Dec. 10, data compiled by Argaam showed. Stock Price* Company Price (SAR) Performance in 52 weeks SAIB 14.82 25% *The highest price during the session, but not the current trading price. For stock prices and market data

Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins

Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000. Dec 9, 2024, 9:15 p.m. UTC A slow bleed in crypto since late in the weekend accelerated into the early evening U.S. hours on Monday, leaving nearly the entirety of the sector sharply lower. With prices in quick retreat, bitcoin (BTC) at press time had fallen back to just above $95,000, down about 5% over the past 24 hours. Ether (ETH) was down 10% to $3,590. The broader CoinDesk 20 Index...

Crypto Groups Push Ads, Letters to Oppose Democrat's SEC Commissioner Nomination

The Cedar Innovation Foundation and other crypto organizations are lobbying against the re-nomination of Commissioner Caroline Crenshaw. Dec 9, 2024, 7:54 p.m. UTC U.S. Securities and Exchange Commission member Caroline Crenshaw is "even more extreme" than Chair Gary Gensler, according to a digital advertising campaign now being launched by Cedar Innovation Foundation — a dark-money group funded by unnamed crypto interests. Commissioner Crenshaw, who is set to be the lone Democrat atop the SEC when Republicans take over the agency and wider administration in late January, was nominated for another term earlier this year, but the confirmation hadn't come up...

Ethereum Price Stabilizes: Could $3,500 Be The Launchpad for a Rally?

Ethereum price remained stable above the $3,500 zone. ETH is now consolidating and might aim for a move above the $3,750 resistance zone. Ethereum started a downside correction below $3,780 and $3,750. The price is trading below $3,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,740 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,500 support zone. Ethereum Price Holds Support Ethereum price extended losses below the $3,880 zone like Bitcoin. ETH declined below the $3,780...