Bitcoin price decline continues — How are pro BTC traders positioned?
Bitcoin traders maintain a neutral sentiment despite the uptick in geopolitical tension and uncertainty within world markets. Go to Source
Fear
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Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend
Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also promised to share Wazirx’s Proof of Reserves (PoR) after a new … Read more
Crypto market’s ‘perfect storm’ can lead to further massive capitulation
A rapid decline in the traditional markets has spread to cryptocurrencies, obliterating them with a significant drop in all major assets. What are the possible factors for this perfect storm? Go to Source
Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees
This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an … Read more
Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst … Read more
Bitcoin stays out of fear for 11 straight days as price tips near 24K
Bitcoin’s huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock. Go to Source Powered by WPeMatico
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems. Go to Source Powered by WPeMatico
Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears
Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to crypto through cashback programs that counter the fears of users purchasing cryptocurrencies in today’s uncertain market. Bitpreco to … Read more
Here’s why holding $20.8K will be critical in this week’s $1B Bitcoin options expiry
BTC bulls were liquidated in last week’s drop to $20,800, meaning even more downside could occur if this level fails ahead of this week’s $1 billion options expiry. Go to Source Powered by WPeMatico
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the “fear” zone, but it has seen an improvement. On June 19, the CFGI rating tapped a low … Read more
