Ethereum Whales Accumulate as Price Consolidation Nears End News ETHNews
Ethereum whales accumulated over 1 million ETH during price consolidation. A bullish flag pattern suggests potential breakout to $3,000-$3,500, with key liquidation clusters at $2,607 and $2,716 possibly triggering volatility.
XMR Price Nosedives to $331, Wiping Out May’s Gains; Here’s Why This Dip Might Not Last Long News ETHNews
Monero (XMR) price dropped 15.15% to $331, erasing May’s gains. Despite bearish indicators, spot accumulation and bullish derivatives suggest a potential rebound, though volatility may persist.
PancakeSwap Tests Range High But Faces Pullback Pressure News ETHNews
PancakeSwap’s CAKE token tested a 5-month high near $2.95 but faced rejection, dropping 5.6%. Liquidity between $2.85-$3 acted as a magnet. Indicators show mixed signals, with potential for further gains or pullback.
Traders Bet On Two Fed Rate Cuts This Year Ahead FOMC Minutes Release
Traders now expect only two Fed rate cuts in 2024, down from earlier predictions of four, as uncertainty grows ahead of the FOMC minutes release. Mixed Fed signals and economic concerns are influencing market expectations.
Publicly Traded Bitcoin Miners Slide as Sector Sees Broad Losses – Mining Bitcoin News
Publicly traded Bitcoin mining stocks declined significantly, with major firms like Galaxy Digital Holdings experiencing double-digit losses amid sector-wide downturns.
Monero Plunge 15%: Liquidation Risk Looms Below $331 Support – Can Bulls Hold ETHNews
Monero (XMR) dropped 15% in 24 hours, testing critical $331 support. Long traders face liquidation risks, while spot buyers acquired $1.59M XMR. Price recovery depends on holding $331 or finding lower support.
Dogecoin Flashes Buy Signal – Key Indicator Hints At Rebound
Dogecoin shows signs of a potential rebound as it consolidates near $0.25 resistance. A TD Sequential buy signal hints at short-term upside, with analysts eyeing a breakout for further gains.
GameStop Stock Dives After Retailer Announces $512 Million Bitcoin Buy – Decrypt
GameStop’s stock dropped over 10% after announcing a $512 million Bitcoin purchase, despite initial gains from its crypto treasury strategy. The move follows CEO Ryan Cohen’s meeting with Bitcoin advocate Michael Saylor.
Crypto Whale James Wynn’s $87M Portfolio Wiped Out in 5 Days: A Detailed Recap
Crypto whale James Wynn’s $87M portfolio was wiped out in 5 days due to high-risk leverage trades and market volatility, despite earlier massive gains and a $25M profit.
Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes
Bitcoin drops below $108K as Fed rate cut expectations fade. Market sentiment weakens with only two cuts predicted for 2025. Labor market concerns may pressure the Fed to act sooner.
