A naukri.com initiative
Bitcoin News
Coin Telegraph
1d
1.1k
Image Credit: Coin Telegraph
Bitcoin bull market 'great validator' comes as James Wynn loses $100M
- Bitcoin profit-taking is ongoing, but it could sustain the bull market according to Santiment research.
- Market not affected by short-term speculation as coins are spending less time in wallets.
- Hyperliquid's James Wynn lost $99 million as he could not profit from his long BTC position.
- Despite profit-taking, Bitcoin is expected to have continued upside as indicated by falling MDIA metric.
Read Full Article
22 Likes
Crypto-News-Flash
1d
31
Image Credit: Crypto-News-Flash
Bitcoin Quietly Exits Exchanges as Bullish Signals Build Up
- Bitcoin is being withdrawn from exchanges, indicating a shift in trader sentiment as more Bitcoin is being withdrawn than sent in.
- Market taker buys are dominating, showing strong buying interest in the spot market with USDT reserves on exchanges also increasing.
- While positive signals are seen in on-chain data and strong liquidity support, technical outlook remains cautious with BTC showing a double-top pattern.
- Average trader profit figure of 27% needs monitoring as a break above 40% could signal overheated market conditions. BTC price stood at about $105,527 with high transaction volume.
Read Full Article
1 Like
Bitcoinist
1d
157
Image Credit: Bitcoinist
Nigel Farage To Establish Bitcoin Reserve As Potential Next UK Prime Minister
- Nigel Farage, a potential UK Prime Minister candidate, revealed plans to establish a Bitcoin reserve within the Bank of England if elected during the Bitcoin 2025 conference in Las Vegas.
- Farage aims to combat 'debanking' by allowing individuals to trade legal crypto without the risk of having their accounts closed, positioning the UK as a leader in the global crypto ecosystem.
- He criticized past UK governments for lagging in embracing digital finance and emphasized the need for a crypto revolution to bring the country into the 21st century.
- Farage strongly opposes the development of a British CBDC (Central Bank Digital Currency), citing concerns about government control and surveillance over individuals' financial lives.
Read Full Article
9 Likes
Bitcoinsensus
1d
103
Image Credit: Bitcoinsensus
Bitcoin Price Prediction: After the Drop, What Happens Now?
- Bitcoin price recently followed a predicted path of rejection from supply, reaction to demand, and a liquidity sweep.
- Currently, the price is in a demand zone with potential upside liquidity, but there is uncollected liquidity below to watch out for.
- No trading setup is 100% certain, so patience and waiting for confirmations are advised to let the price reveal its direction.
- The article highlights the recent movements in Bitcoin price, from tapping into a supply zone to reacting with a sell-off into demand, and the importance of monitoring liquidity for potential trading decisions.
Read Full Article
6 Likes
Bitcoinist
1d
8.1k
Image Credit: Bitcoinist
Bitcoin Profit Taking Explodes: 12x More Gains Than Losses Hitting Exchanges
- On-chain data shows that the ratio between Bitcoin profit and loss being sent to exchanges is approaching euphoric bull market levels.
- The volume of deposits and withdrawals to exchanges has been increasing recently, indicating rising demand for trading activity among investors.
- The average profit from exchange deposits on the Bitcoin network is 12 times larger than losses, aligning with behaviors typically seen in energetic stages of previous bull markets.
- As of now, Bitcoin is priced around $105,800, down nearly 5% in the last seven days.
Read Full Article
12 Likes
Cryptopotato
1d
237
Image Credit: Cryptopotato
Bitcoin (BTC) Benefits from Bullish Bets, Altcoins Punish the Optimists
- Bitcoin has benefited from bullish bets, whereas altcoins have punished optimists in the market.
- There is a growing disconnect in risk appetite between Bitcoin and altcoins, leading to heavy losses for those optimistic about altcoins' performance.
- Investors positioned for Bitcoin's rally saw success, while those optimistic about altcoins faced strong liquidations and downward pressure in the market.
- Some altcoins like GRASS, PENDLE, ONDO, ENA, and SEI are highlighted as potential candidates for significant surges if market momentum continues, despite the broader underperformance in the altcoin market.
Read Full Article
14 Likes
Crypto-News-Flash
1d
329
Image Credit: Crypto-News-Flash
Paris Saint-Germain Adds Bitcoin to Treasury, Marking Crypto Milestone in Sports
- Paris Saint-Germain (PSG) adds Bitcoin to its financial reserves, making it one of the first major sports clubs to hold the cryptocurrency.
- PSG's move to include Bitcoin in its treasury assets sets it apart from other clubs that have focused on short-term crypto initiatives such as fan tokens and NFTs.
- The club aims to connect with a younger, digitally-savvy audience through its involvement in the crypto ecosystem and plans to support Bitcoin entrepreneurs.
- Pakistan also announced plans to launch a national Bitcoin reserve and allocate surplus electricity for Bitcoin mining, following initiatives in the U.S. to establish crypto reserves.
Read Full Article
19 Likes
Coin Telegraph
1d
375
Image Credit: Coin Telegraph
Why is Bitcoin price down today?
- Bitcoin price fell 2.7% over the last 24 hours to $105,000 amid waning investor demand.
- Bitcoin's drop on May 30 triggered more than $210 million in long BTC liquidations.
- A bearish divergence from the RSI signals a reduction in bullish momentum.
- Bitcoin's price drop is attributed to concerns over US-China trade talks, with increased trading volume suggesting heightened sell-side activity.
Read Full Article
22 Likes
Bitcoinsensus
1d
180
Image Credit: Bitcoinsensus
OpenSea Launches OS2 Marketplace With Multichain Trading and Rewards
- OpenSea has launched OS2 marketplace, enabling cross-chain trading across 19 blockchains.
- The new 'Voyages' rewards system allows users to earn XP for minting, holding, and trading tokens.
- OpenSea is hinting at an upcoming SEA token drop as part of its strategic moves.
- OS2 represents a significant upgrade with real-time analytics and a focus on becoming a broader liquidity layer for everything tokenized.
Read Full Article
10 Likes
TheNewsCrypto
1d
76
Paris Saint-Germain Becomes First Major Sports Club to Hold Bitcoin
- Paris Saint-Germain (PSG) has become the first sports club to officially include BTC as a treasury asset in its balance sheet.
- PSG acquired Bitcoin last year and still holds it on its books, moving beyond short-term crypto promotions.
- PSG Labs, the club's venture platform, supports Bitcoin startups, aiming to expand the club’s role from branding to active involvement in the crypto ecosystem.
- PSG's move to adopt Bitcoin is driven by its global fan base, exceeding 550 million, with a focus on engaging younger supporters and aligning with digital trends.
Read Full Article
4 Likes
TheNewsCrypto
1d
360
Hyperliquid Whale James Wynn Losses $99M After Bitcoin Plunges to $105K
- James Wynn lost nearly $100M on a high-leverage long position on Bitcoin as it dipped to the $105k range
- His series of unsuccessful high-leverage positions led to liquidation when Bitcoin showed minimal volatility
- Wynn's losses were reported by Lookonchain and Hyperliquid blockchain explorer, confirming the closure of three trading positions
- Despite cautioning against high-risk trades, Wynn's popularity rose in the crypto community following the $99M losses, while another whale profited $17M in contradicting trades
Read Full Article
21 Likes
Bitcoinsensus
1d
153
Image Credit: Bitcoinsensus
Santander Stablecoin in the Works: TradFi Meets Crypto
- Banco Santander is considering launching its own stablecoin as part of its digital asset strategy.
- This move could make Santander one of the first major European banks to provide crypto services directly to retail customers.
- The potential rollout of the stablecoin will depend on the evolution of EU regulations, particularly MiCA, in the coming months.
- Santander's exploration of a proprietary stablecoin signifies a convergence of traditional finance and crypto, indicating a significant development in the digital asset space.
Read Full Article
9 Likes
Blockonomi
1d
134
Image Credit: Blockonomi
Crypto Trader Loses $100 Million in Leveraged Bitcoin Position on Hyperliquid
- Crypto trader James Wynn faced a $100 million liquidation on Hyperliquid due to a failed 40x leveraged Bitcoin position.
- Despite Bitcoin's price remaining within a 2% range, Wynn suffered the liquidation, attracting attention for his trading activities.
- Another trader, known as 0x2258, made $17 million by counter-trading Wynn's positions, showcasing the risks of publicizing large trading activities.
- The overall Bitcoin long liquidations exceeded $200 million in 24 hours, reflecting the increased market volatility amid price fluctuations.
Read Full Article
8 Likes
Livebitcoinnews
1d
145
Image Credit: Livebitcoinnews
Audience Segmentation in CRM Systems for Casinos and Sportsbooks
- Effective player segmentation is crucial for profitable iGaming operations, leading to personalized player experiences and improved engagement rates.
- Behavioral segmentation in CRM systems classifies players based on actions like game preferences and betting patterns, allowing for targeted marketing strategies.
- Key behavioral segmentation approaches include activity frequency, game preferences, bet size, and risk appetite segmentation, yielding higher response rates.
- Lifecycle-based segmentation in CRM systems tracks player lifecycle stages for tailored marketing communication, enhancing player retention and engagement.
Read Full Article
8 Likes
Coin Telegraph
1d
283
Image Credit: Coin Telegraph
OpenSea expands beyond NFTs with OS2 public rollout
- Non-fungible token (NFT) marketplace OpenSea has launched its new platform, OS2, concluding its beta phase. The platform allows full token trading across 14 blockchains and introduces tools for enhanced crosschain functionality.
- OpenSea reports an increase in weekly unique collectors by 40% since January, indicating user retention and growth despite a downturn in market volumes. This suggests that while some tourists have left, true users have stayed and are participating in more chains than ever.
- The NFT industry has shown promising signs of growth with unique NFT buyers rising, NFT monthly volumes increasing, and new applications emerging like real-world asset (RWA) tokenization. OpenSea emphasizes the importance of real utility and options in maintaining profitability within the NFT space.
Read Full Article
17 Likes
For uninterrupted reading, download the app