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Bitcoin Rally Triggers Over $160M In Shorts Liquidations As ETF Optimism Mounts — Fear & Greed Index Flashes 'Extreme Greed'
Tuesday, January 9, 2024 - 12:29am | 696Crypto traders betting against Bitcoin (CRYPTO: BTC) were caught off guard as the price of the king cryptocurrency surged past $46,000, leading to a cascade of short position liquidations. What Happened: According to data from Coinglass, in just 24 hours, a wave of liquidations saw 58,496 traders...
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Crypto Analyst Foresees 3900% Boom In Smart Contract Market
Sunday, November 5, 2023 - 9:41am | 671On Friday, Bloomberg crypto analyst Jamie Coutts projected a potential explosion in the market cap of smart contract cryptocurrencies. What Happened: Coutts said that the smart contract blockchain sector, led by Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), could...
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Bitcoin's Clean Energy Usage Surges Past 50% Mark: Will Tesla Now Accept BTC Payments?
Friday, September 15, 2023 - 4:10am | 691Bitcoin’s (CRYPTO: BTC) renewable energy usage for mining purposes has reportedly crossed the 50% mark, meeting the criteria set by Tesla Inc. (NASDAQ:TSLA) for reconsidering Bitcoin payments. What Happened: According to a report by Bloomberg analyst Jamie Coutts, the use of clean energy for...
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Crypto Market To Soar In 2024, Billions In Capital Will Flood Into Sector, Says Analyst
Thursday, August 31, 2023 - 4:54pm | 419Crypto analyst Jamie Coutts has spotlighted 2024 as the year for a significant surge in crypto inflows. The Bloomberg Intelligence analyst specifically emphasized the potential of "unlocking billions" from Retail, RIA, and Institutional capital that could be channeled into U.S.-...