Impact

Recent analysis from QCP Capital indicates a marked shift in derivatives market sentiment, signaling that options traders are bracing for further declines in Bitcoin value. Dissecting the Bearish Sentiment The derivatives market has experienced a notable shift over the past day, with the implied volatility in Bitcoin options decreasing. This indicates that traders are worrying more about the possible downside risks. According to a note from analysts at QCP Capital, the spread between call and put options has tightened by…

On July 14, the total number of Bitcoin (BTC) available on exchanges was 2.99 million. Five days later, that figure considerably increased. An assessment of Glassnode’s data reveals that this number is almost the same as the exchange balance back in March. Will the price react similarly? Major Bitcoin Exodus from Cold Wallets In crypto, history does not exactly repeat itself. However, patterns rhyme. Sometimes, it does not matter if the cycles are years apart. On March 11, Bitcoin’s exchange…

The post Brace for Impact: BITCOIN Price Crashes Toward $63,000! appeared first on Coinpedia Fintech News It looks like the problems for BTC are in no mood to take retirement. First, Germany sold over $3 billion worth of Bitcoin. The market filled with too much fear, causing the BTC price to touch $53,000. Once the sell-off was complete, we are now facing Mt. Gox repayments. The German Dread The German government seized around 50,000 BTC from a movie piracy website…

The post XRP News: Ripple’s Massive XRP Sell-Offs, How They Impact the Token’s Price appeared first on Coinpedia Fintech News Ripple, XRP’s largest holder, is responsible for monthly unlocks and sell-offs that impact the token’s price. So far, the company has sold 1.826 billion XRP from its Treasury account, labeled as ‘Ripple (1)‘ on XRPScan. At current prices, this amount is worth $1.07 billion, although the nominal value of each sale has varied year-to-date. Ripple’s Massive Offloading of XRP  In…

The post Terraform Labs Sets August Deadline for Bankruptcy Claims: Impact on LUNC and USTC Investors appeared first on Coinpedia Fintech News Terraform Labs announced on its official X account that the deadline for filing claims in TFL and TLL’s Chapter 11 bankruptcy lawsuits is August 10 at 09:00 UTC. The business advised Terraform Lab’s claimants to submit their paperwork by this date. Terraform Labs, which created TerraUSD, filed for Chapter 11 bankruptcy with the Delaware bankruptcy court on January…

The post Impact On the Crypto Market if Donald Trump Wins US Presidential Election  appeared first on Coinpedia Fintech News A recent survey conducted for the Financial Times and the University of Michigan’s Ross School of Business highlights the opinions of American voters regarding financial stability under potential presidential candidates. Nearly half of the voters believe they will be better off if Donald Trump wins the presidential election.  Although, Trump has shown strong support for Bitcoin (BTC) in the past,…

The post Genesis Trading Transfers More Bitcoin To Coinbase, Can It Impact Bitcoin Recovery? appeared first on Coinpedia Fintech News Genesis Trading has transferred 600 BTC to Coinbase, valued at approximately $37.72 million. As a part of its ongoing bankruptcy liquidation procedures, Genesis Trading continues to liquidate substantial Bitcoin holdings. The latest move is part of a larger trend observed over the past month, during which Genesis Trading has moved more than 12,000 BTC to the popular cryptocurrency exchange. The…

The global economy is changing and the cryptocurrency markets are receiving more attention than ever. Learning has become one of the essential parts for success in a professional career nowadays. Crypto trading and investment have become highly sought after fields that require specialized training, particularly in the light of this new market. For this reason, trading courses have evolved as an important resource for those intending to develop their careers in finance, investments and crypto portfolio management. This article will…

FTX, the collapsed cryptocurrency exchange led by Sam Bankman-Fried, is set to distribute $16 billion in cash to customers as part of an agreement with US government agencies. The influx of funds could drive up prices in the crypto market, with a focus on tokens like Bitcoin and Solana. Meanwhile, emerging opportunities like Pawfury’s presale success signal potential growth and a 15,000% ROI by 2025. FTX, a cryptocurrency exchange that collapsed in November 2022 under the leadership of Sam Bankman-Fried,…