Legendary Trader Peter Brandt Challenges Binance with Four Questions about 88% BTC Crash
On 25.10.2021 byProminent trader and analyst Peter Brandt has taken to Twitter to ask his four questions in the context of the flagship crypto’s 88% dropdown. What do Binance and Binance.US have in common? First of all, Mr. Brandt challenged the character of corporate relationships between Binance and Binance.US, its unit focused on American markets. Questions remain:
Anybody That Does the Homework Eventually Invests in Bitcoin: SkyBridge Capital’s Scaramucci
On 25.10.2021 byAntony Scaramucci, founder and CEO of SkyBridge Capital venture fund that has a branch investing in Bitcoin, has told CNBC that Bitcoin can eventually convert anyone who “does their homework” to invest in it. He named several billionaires who used to be skeptical on BTC but have been into it since 2020. Those who do
SHIB, ELON and DOGE Show Strong Inverse Correlation with This Indicator
On 25.10.2021 byAccording to the most recent data provided by Santiment, “memecoins” like SHIB, DOGE and ELON are moving with a reverse correlation with the so-called “Social Dominance” indicator. Once the indicator reaches new lows, the price of the aforementioned coin rapidly rises. Memecoins on the rise Overall, meme-based and community-driven coins have been the trend in
Competing Bitcoin ETFs Gear Up For ‘Brutal Fee War’
On 25.10.2021 byWhat once seemed a remote possibility, is now an accelerating reality as two U.S.-listed exchange-traded funds (ETFs) tied to Bitcoin futures debuted on Wall Street last week. An ETF is an investment vehicle tracking the performance of an asset or group of assets. In the case of a Bitcoin futures ETF, the particular asset is
Facebook Whistleblower Bought ‘Crypto at the Right Time’ and ‘Fine for the Foreseeable Future’
On 25.10.2021 byFrances Haugen, a former Facebook product manager-turned whistleblower, told the New York Times she is “fine for the foreseeable future” because she “bought crypto at the right time.” Since Haugen leaked the documents—collectively named the Facebook Files—to the Wall Street Journal, she has moved to Puerto Rico to handle a health condition, but also to
Dogecoin, Shiba Inu Ride the Elon Musk Hype Cycle
On 25.10.2021 byTesla CEO and some-time Saturday Night Live guest Elon Musk has once again shifted the already volatile cryptocurrency markets with a series of tweets, causing the prices of meme coins Shiba Inu and Dogecoin to fluctuate wildly. First up, Shiba Inu coin, which hit all-time highs of $0.00004432 on Sunday evening, according to CoinGecko. SHIB
U.Today Articles Are Now on CryptoShorts
On 25.10.2021 byTo stay updated with the latest cryptocurrency industry trends and news, active investors and enthusiasts are now able to read U.Today news and industry-related articles in the CryptoShorts news app. CryptoShorts contains all the data you might possibly need to follow the cryptocurrency market, including the latest news, professional articles and cryptocurrency prices. The news
SHIB Not Hurt by Elon Musk’s Negative Tweet, David Gokhshtein Explains Why
On 25.10.2021 byHead of the PAC Protocol David Gokhshtein has taken to Twitter to stress that Shiba Inu (SHIB) meme currency has rallied to the Sunday all-time high without Elon Musk pumping it in his tweets and the project has not been hurt by the centibillionaire’s tweet posted on Sunday. “SHIB is not hurt by today’s tweet
Peter Schiff Responds to Jack Dorsey About Bitcoin’s Role in Hyperinflation
On 25.10.2021 byProminent Bitcoin critic, CEO of Euro Pacific Capital and chairman of SchiffGold, Peter Schiff has responded to the tweet of Twitter CEO Jack Dorsey about the possible arrival of hyperinflation in the US soon. “Only “real assets” can protect from hyperinflation” On October 23, Twitter CEO Jack Dorsey took to Twitter to share his take
Binance Bitcoin Balances Are Draining: 40,000 BTC Moved Away from Biggest Crypto Exchange
On 25.10.2021 byAccording to CryptoQuant data, Binance cryptocurrency exchange once again faced a massive fund outflow totaling 38,246 BTC. After a significant drop in the Bitcoin balance, the total balance on the sheets is close to 500,000. In-house redistribution of funds Previously, Binance.US faced a major bug that led to so-called “slippage”—the difference between the expected price