A naukri.com initiative
Bitcoin News
Coin Telegraph
3w
384
Image Credit: Coin Telegraph
The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot
- France-based The Blockchain Group has added another 580 Bitcoin to its Bitcoin treasury, following a 225% surge in its stock price since it began hoarding Bitcoin in November.
- The Blockchain Group's first two Bitcoin purchases happened around significant milestones for the Bitcoin industry.
- The latest Bitcoin purchase was announced after the market already closed on March 26.
- GameStop shares jumped nearly 12% after the company announced plans to purchase Bitcoin.
Read Full Article
23 Likes
Newsbtc
3w
282
Dogecoin Prepares To Explode — Analysts Say Watch This Price
- Analysts suggest that Dogecoin (DOGE) is nearing a bullish territory with a potential major breakout.
- The crucial price level for Dogecoin is $0.22, and a close above this level could indicate buyers regaining control.
- The technical chart analysis shows a falling wedge formation in Dogecoin, similar to a pattern in 2024 that led to a significant price surge.
- While specific targets are not guaranteed, previous patterns suggest potential rise to $0.50 and even $1.00.
Read Full Article
17 Likes
Bitcoinist
3w
344
Image Credit: Bitcoinist
Bitcoin Short-Term Holders Sit On $17B In Unrealized Losses – Still No Signs Of Capitulation
- Bitcoin is struggling to break above the $90,000 level, showing a shift in sentiment from extreme fear to cautious optimism.
- Short-Term Holders (STH) in Bitcoin have accumulated 201,743 BTC since January 1st, 2025, now holding a total of 5,750,076 BTC.
- Around 200,000 BTC held by STHs are at an unrealized loss, totaling approximately $17 billion based on current prices.
- There are no on-chain signals of panic or imminent selling from STHs, indicating resilience or a wait-and-see approach.
Read Full Article
20 Likes
Bitcoinsensus
3w
8
Image Credit: Bitcoinsensus
Bitget CEO Blasts Hyperliquid’s Handling of Exploit: “May Be On Track to Become FTX 2.0”
- Bitget CEO Gracy Chen criticized Hyperliquid for their handling of the $JELLY exploit, calling it immature and unethical.
- Chen raised concerns about Hyperliquid's lack of KYC/AML protocols, mixed vaults, and unrestricted position sizes, warning of systemic risks and manipulation.
- The crypto community mostly disagreed with Chen's comments, defending Hyperliquid's actions and criticizing her for being a direct competitor.
- Critics argued that Hyperliquid showed responsible decision-making during the exploit.
Read Full Article
Like
Coinpedia
3w
256
Image Credit: Coinpedia
GameStop To Raise $1.3 Billion Funds for Crypto Strategy, Stock Dips by 8%
- GameStop plans to raise up to $1.3 billion through convertible debt to boost its Bitcoin holdings.
- The company will issue $1.3 billion in convertible senior notes with a 0% coupon and a five-year maturity.
- GameStop's stock dipped by 8% in after-hours trading after the announcement of the fundraise.
- Wall Street remains skeptical about GameStop's move, unsure if the Bitcoin investment will impact its stock price positively.
Read Full Article
15 Likes
Bitcoinsensus
3w
313
Image Credit: Bitcoinsensus
What Is the JellyJelly? The Token at the Center of the Hyperliquid Exploit
- Hyperliquid exchange suffered over $12M in losses and $5M in short exposure due to the price manipulation of the low-liquidity Jelly token on their decentralized platform.
- A whale dumped 126M JELLY tokens, causing the price to crash, and then bought back the tokens, inflating its value by 500%, resulting in unrealized losses of $12.3M for Hyperliquid's liquidity vault.
- The listing of volatile and low-liquidity tokens like JELLY exposed Hyperliquid to risks that could have been mitigated by implementing stricter safeguards and improved risk assessment protocols.
- The exploit raises concerns about the safety of the Jelly token, although the blame primarily lies with Hyperliquid for not implementing adequate measures to mitigate the risks associated with low-liquidity tokens.
Read Full Article
18 Likes
Newsbtc
3w
44
Image Credit: Newsbtc
Bitcoin Whales Make Big Moves As Bullish Momentum Resurfaces
- Bitcoin whales have resumed accumulation after a period of dormancy.
- 48 new wallets now hold 100 or more BTC, indicating rising confidence in Bitcoin's long-term value.
- On-chain data reveals long-dormant BTC whales becoming active, with significant increase in holdings.
- Crypto analysts believe BTC may have bottomed out and could potentially reach a new all-time high.
Read Full Article
2 Likes
Bitcoinist
3w
388
Image Credit: Bitcoinist
Disturbing Truth About Crypto Market Makers Exposed By Synthetix Founder
- Synthetix founder Kain Warwick exposes the dubious practices of crypto market makers.
- During the ICO era, it was essential for projects to have deals with market makers to attract investors and secure listings.
- Some market makers engaged in manipulative practices, such as crossing orders with themselves on less reputable exchanges.
- Warwick calls for increased transparency and vigilance in scrutinizing token transfers and liquidity spikes.
Read Full Article
23 Likes
Bitcoinsensus
3w
154
Image Credit: Bitcoinsensus
HYPE Token Drops 14% After Multi-Million Dollar Hyperliquid Exploit
- Hyperliquid, a decentralized exchange, faced an exploit involving the Jelly Token, resulting in over $12 million in losses for the Hyperliquidity Provider (HLP).
- HYPE token dropped 14% at its lowest point, currently trading at $14.23.
- Hyperliquid plans to reimburse affected users, excluding flagged accounts, through the Hyper Foundation.
- The exploit involved a trader depositing $7.167 million and manipulating JELLY token prices through leveraged trades, exposing HLP to substantial losses.
Read Full Article
9 Likes
Newsbtc
3w
282
Image Credit: Newsbtc
Dogecoin Price Prediction: Analyst says There Is 100% Chance Of A Bullish Rally, Here’s Why
- Dogecoin is preparing for its next significant move, with a familiar price structure showing up on its chart.
- The recurring rounding bottom pattern suggests a 100% chance of a much larger parabolic rally for Dogecoin.
- The monthly candlestick needs to close above the support level to confirm the bullish parabolic rally.
- The important levels to watch for Dogecoin are $0.15 as support and $0.5 as resistance.
Read Full Article
17 Likes
Bitcoinsensus
3w
234
Image Credit: Bitcoinsensus
$1.3 Billion Convertible Notes: GameStop’s Bitcoin Play
- GameStop plans to raise $1.3 billion through convertible notes to fund Bitcoin purchases and invest in innovative digital ventures.
- The 0.00% Convertible Senior Notes mature in 2030, allowing buyers to convert them into GameStop shares.
- The move aligns GameStop with institutions investing in Bitcoin as a long-term asset, following the growing trend.
- GameStop's transformation from a struggling retailer to a key player with e-commerce, NFTs, and Bitcoin-focused strategies has surprised many.
Read Full Article
14 Likes
Newsbtc
3w
159
Image Credit: Newsbtc
Ethereum Rally Incoming? Analyst Predicts Breakout Beyond $2,100
- Ethereum analysts predict a potential breakout beyond $2,100, citing short-term upward signs and long-term patterns.
- Crypto analyst Crypto Patel identifies a strong move upwards in Ethereum's price, suggesting a potential increase.
- Price is currently bouncing off a key area around $2,064, known as a mitigation block, indicating strong buying interest.
- Another analyst, TimeFreedomROB, compares Ethereum's current price pattern to the 2018-2020 cycle, suggesting the possibility of a significant price increase.
Read Full Article
9 Likes
Livebitcoinnews
3w
203
Image Credit: Livebitcoinnews
Elon Musk Tweets Ghibli-Inspired Photo Lifting DOGE—Is Another DOGE Rally on the Horizon?
- Elon Musk has tweeted a Ghibli-inspired photo lifting the Doge mascot, sparking speculation of another DOGE rally.
- Musk's tweets have previously influenced the price of DOGE, but caution is advised in making investment decisions based solely on social media hype.
- Musk's relationship with Dogecoin has had ups and downs, including legal scrutiny for alleged market manipulation.
- Investors are advised to consider broader market forces and do thorough research when assessing the potential impact of Musk's tweets on the cryptocurrency market.
Read Full Article
12 Likes
Coin Telegraph
3w
225
Image Credit: Coin Telegraph
Wyoming’s Mark Gordon says state should issue WYST stablecoin by July
- Wyoming Governor Mark Gordon announced that the state's proposed 'WYST' stablecoin may be launched by July.
- The Wyoming Stable Token Commission has partnered with interoperability protocol LayerZero for the token launch.
- The state introduced the 'Wyoming Stable Token Act' in February 2022, and it was signed into law in March 2023, allowing the development of a state-issued stablecoin.
- Governor Gordon previously expressed a Q1 2025 launch target for the stablecoin, which would be backed by short-term US Treasury Bills and repurchase agreements.
Read Full Article
13 Likes
Newsbtc
3w
13
Image Credit: Newsbtc
Ethereum Reclaims Realized Price – Bulls Face Strong Resistance At $2,300
- Ethereum (ETH) has reclaimed its realized price at $2,040, signaling bullish sentiment.
- Ethereum is facing strong resistance at the $2,300 level, which is crucial for confirming a shift in trend.
- Bulls must defend the $2,000 support level to sustain upward momentum and avoid a deeper correction.
- Ethereum remains in a fragile position, caught between renewed optimism and lingering caution.
Read Full Article
Like
For uninterrupted reading, download the app