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Tag: cryptocurrency

Stunning $2.22 Million Move Shakes Crypto Markets

The post Stunning $2. 22 Millicom. In a stunning move that’s captured the cryptocurrency world’s attention, BitMEX founder Arthur Hayes just made a massive Arthur Hayes ETH deposit worth $2. 22 million. This substantial transaction, involving 700 ETH transferred to market maker B2C2, signals potential major market movements ahead. What Does This Arthur Hayes ETH Deposit Mean? The Arthur Hayes ETH deposit occurred approximately 41 minutes before this writing, according to blockchain analytics platform Lookonchain. This isn’t just another routine transaction when a cryptocurrency pioneer like Hayes moves this much Ethereum, the entire market takes notice. Market makers like B2C2 play crucial roles in cryptocurrency liquidity. They ensure smooth trading by providing buy and sell orders across multiple exchanges. Therefore, this Arthur Hayes ETH deposit could indicate several possibilities: Institutional positioning for upcoming market movements Liquidity provisioning for trading operations Strategic allocation changes in his portfolio Preparation for new trading strategies Why Should Crypto Investors Care About This Move? Arthur Hayes isn’t just any cryptocurrency investor. As BitMEX founder, he possesses deep market insight and substantial influence. His Arthur Hayes ETH deposit decisions often precede significant market developments that affect all Ethereum holders. This particular Arthur Hayes ETH deposit comes at a crucial time for cryptocurrency markets. Ethereum has shown resilience despite recent volatility, and major players positioning large amounts often signals confidence in the asset’s near-term prospects. How Do Large Deposits Impact Ethereum Markets? When influential figures make substantial Arthur Hayes ETH deposit moves, the effects ripple across multiple market dimensions. Large deposits to market makers typically increase liquidity, which can stabilize prices and reduce volatility. However, they can also indicate upcoming trading activity that might move markets. The Arthur Hayes ETH deposit to B2C2 suggests institutional-grade operations rather than retail trading, which often means more sophisticated strategies and longer-term positioning. What Can We Learn.

Crypto Market Watches for Possible Strategy Bitcoin Buy After Latest Saylor Update

Key Takeaways: Saylor’s “Big Week” post sparked rumors of a new Strategy BTC buy. Strategy now holds about 641, 692 BTC [.] The post Crypto Market Watches for Possible Strategy Bitcoin Buy After Latest Saylor Update appeared first on Coindoo.

Shiba Inu Team Teases ‘Something New’ as SHIB Remains Down Nearly 90% from ATH

The post Shiba Inu Team Teases ‘Something New’ as SHIB Remains Down Nearly 90% com. The team behind the Shiba Inu cryptocurrency has teased “something new” in its recent social media post. The new project has been described as “wallet-friendly,” “useful,” and “unmistakably SHIB.” The social media account, which boasts nearly four million followers, has also tagged Bidget Wallet in its most recent social media post. Jaded community The community responses are clearly mixed, with SHIB holders showing visible frustration with the team. Some users have criticized the rather unfortunate timing of the announcement, given that the entire cryptocurrency market recently experienced a rather severe price crash. There are also those who are dissatisfied with slow and inefficient burns. The perceived lack of transparency also appears to be a major concern among SHIB naysayers. The price of the SHIB token is down 89. 4% from its record high, according to CoinGecko data. Source:.

XRP flashes major buy signal; Imminent rebound?

The post XRP flashes major buy signal; Imminent rebound? appeared com. XRP may be on the verge of a potential rebound after a key technical indicator flashed a buy signal on the four-hour chart, according to market analyst Ali Martinez. In an X post on November 15, the analysis highlighted the TD Sequential indicator, a widely used tool for identifying trend exhaustion and potential reversal points. Specifically, the indicator printed a “1” buy setup, which typically appears after a sequence of downward candles. This formation suggests fading bearish momentum and the early stages of a potential bullish reversal. XRP price analysis chart. This loss of downward strength culminated in the TD Sequential’s buy signal. The structure also suggests that sellers may be exhausted If confirmed, the TD Sequential “1” could pave the way for a potential rebound, with bulls hoping for an early reversal from current levels. However, traders typically wait for further confirmation, often a “2” candle closing above the “1”, to validate sustained upward momentum. XRP ETF impact This outlook comes amid XRP’s growing institutional interest, highlighted by the debut of the first U. S. spot XRP ETF. In this case, Canary Capital’s spot XRP ETF made a historic debut on November 13, recording $58. 6 million in first-day trading volume, well above the $17 million analysts had projected. In its first 30 minutes, the ETF saw $26 million in trades, with a total of $245 million worth of XRP purchased on day one. XRP price analysis Despite this interest, XRP’s price is still being weighed down by broader cryptocurrency market sentiment. At press time, XRP was trading at $2. 26, down over 2% in the past 24 hours. XRP seven-day price chart.

WazirX CEO Clears Air on Fund Misappropriations & Future Plan

The post WazirX CEO Clears Air on Fund Misappropriations & Future Plan appeared com. Key Highlights: WazirX CEO Nischal Shetty comes forward for an interview for the first time since the hack. WazirX users have received 85% of their portfolio value, calculated by value at rebalancing date. A cost fund was created from the remaining exchange assets. Legal and operational expenses were covered from the cost fund. WazirX, a well-known Indian cryptocurrency exchange, suffered a $234 million hack back in July 2024 that shocked the Indian crypto community. The exchange maintained internal transparency through announcements on X, but the CEO and leadership team did not make any public appearances to answer any questions directly. The community grew uneasy as many users were anxious about fund recovery and operational stability. Additionally, the exchange’s social media platform X had the comment section disabled, which limited open discussion, and this added to the uncertainty among the users. For the first time ever since the hack, WazirX CEO Nischal Shetty has come forward to answer important questions about the recovery process in an interview with Switch, an Indian podcast channel that falls under the Zee Production. In the interview, Shetty also talks about discrepancies in the payouts, use of funds for operational and legal costs and future asset protection. How Much Refund Did WazirX Users Get? In the interview, the host asked Shetty why users had not been fully reimbursed, keeping in mind that the token prices have increased since the hack. The implication was that the losses would have been recovered through market appreciation, so why were the users yet not paid back in full yet? To this the CEO replied that during the hack around $234 million was stolen, and for the remaining tokens the price appreciated. There was a user outcry to freeze their portfolio so that they do not miss out on the gains. Hence,.

BREAKING: Spot ETF Application Filed for an Unexpected Altcoin

The post BREAKING: Spot ETF Applicaticom. According to breaking news, Canary has applied for a Mog Coin (MOG) Spot ETF. MOG, a $140 million memecoin, saw a sudden price movement following the development. Chart showing the rise in MOG price. It’s noteworthy that the token isn’t even listed on Binance yet. However, it is listed on the spot market on Coinbase, the largest US cryptocurrency exchange. The MOG price is trading around 90% lower than its all-time high price level. *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.

SoFi Becomes First Federally Chartered U.S. Bank to Add Crypto Trading — Bitcoin, Ethereum, Solana Now Available

SoFi’s crypto trading launch, including Ethereum (ETH), marks a key step towards mainstream adoption and bridges traditional finance with digital assets. Ethereum (ETH) could gain most, as the wider retail access and institutional interest may boost demand and long-term price growth. SoFi Technologies (NASDAQ: SOFI) has unveiled SoFi Crypto, becoming the first federally chartered U. S. [.].

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