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Jul 24 Trading Analysis: What Bloodbath?

Jul 24 Trading Analysis: What Bloodbath?

Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.

Bitcoin Price to Reach $1 Million in 2025, Raoul Pal Adds One More Zero to His BTC Prediction

Bitcoin Price to Reach $1 Million in 2025, Raoul Pal Adds One More Zero to His BTC Prediction

Raoul Pal, the CEO of Real Vision Group, and a wall street veteran believes that Bitcoin could hit $1 million by 2025, according to his model.

Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC

Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC

Ribbit Capital, an early Bitcoin VC firm, has filed for a $350 million initial public offering with the SEC leveraging its “blank check” structure.

Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"

Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"

CEO of Mobius Capital Partners, Mark Mobius has become the latest Bitcoin critic to slam the unpredictable nature of BTC, comparing investment in cryptocurrency to gambling.

Yearn.finance Founder Andre Cronje Introduces New DeFi Protocol Deriswap for Capital Efficiency

Yearn.finance Founder Andre Cronje Introduces New DeFi Protocol Deriswap for Capital Efficiency

Another project has been introduced by Yearn.finance’s founder, Andre Cronje. The new decentralized finance (DeFi) protocol unveiled by Cronje, is Deriswap.

ETH, XRP, BCH See Bullish Gains, But Still a Far Cry from All-Time Highs

ETH, XRP, BCH See Bullish Gains, But Still a Far Cry from All-Time Highs

Bitcoin and the top altcoins ETH, XRP, and BCH has seen impressive surges in recent times but the latter three still has a long way from beating their ATH records

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

Open Interest in Bitcoin Futures Extends Gains, Nearing All-time High Reaching Over $5 Billion

According to data published by Bybt cryptocurrency futures and information platform, the current Open Interest in Bitcoin futures contracts has hit $5.35 billion.

Bitcoin Surge Driven by Spot Buyers, says Moskovski Capital CEO

Bitcoin Surge Driven by Spot Buyers, says Moskovski Capital CEO

Lex Moskovski, the CEO of Moskovski Capital, has disclosed that spot buyers are fuelling the present BTC uptrend, which is bullish.

Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE

Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE

A look into the DeFi markets shows that SushiSwap's SUSHI, Uniswap's UNI, and Aave's AAVE token experienced the most growth in the past week.

Weakening of CoinShares Capital Inflows Causes the Price of Bitcoin to Fall

Weakening of CoinShares Capital Inflows Causes the Price of Bitcoin to Fall

Traders tried multiple attempts to push BTC to $60,000 but were rejected and failed to stabilize this level and fell sharply yesterday, reaching a minimum of $53,715.

OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance

OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance

While Bitcoin’s price is struggling to maintain its $12,000 threshold, an altcoin has been making triple-digit gains, including the OmiseGO (OMG) Network.

US Government at a Loss of $9.9 Billion Due to Auctioning of Bitcoin

US Government at a Loss of $9.9 Billion Due to Auctioning of Bitcoin

The US Government has forfeited as much as $9.9 billion in gains from its Bitcoin auctions.

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