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Analyst eyes Ether 'major push' to $3.5K, traders bet against dip
Analyst eyes Ether 'major push' to $3.5K, traders bet against dip

A crypto analyst says Ether could make a "major push" to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move.

Cointelegraph·2024/08/24 07:51
PEPE Price in Trouble as Whale Activity Declines – Here’s What You Need to Know
PEPE Price in Trouble as Whale Activity Declines – Here’s What You Need to Know

A recent spike in selling suggests that most whales may have offloaded their holdings in the meme token.

CryptoNews·2024/08/23 22:24
Flash
  • 03:54
    Economist Peter Schiff: Bitcoin is Not Digital Gold
    ChainCatcher reports that gold advocate and economist Peter Schiff posted on X, "U.S. stock index futures and the dollar are both being sold off. However, gold and Bitcoin are once again moving in opposite directions. Gold is acting like a safe-haven asset, rising about 1%. Meanwhile, Bitcoin is trading like a risk asset, falling about 2%. Clearly, Bitcoin is not digital gold."  
  • 03:54
    The open interest for the $300,000 BTC call options expiring at the end of June on Deribit has exceeded 5,000 contracts, with an open interest value of approximately $484 million
    PANews reported on May 5, according to CoinDesk, that a Bitcoin call option with a strike price of $300,000 on the derivatives trading market Deribit is set to expire on June 26. Theoretically, this call option bets that BTC's spot price will double to over $300,000 by the end of the first half of this year. Currently, its active contract volume has exceeded 5,000, with a nominal open interest value of $484 million, making it the second most popular product among the June expiring options on the Deribit platform, second only to the $110,000 call option.
  • 03:54
    Analysis: World Iris Scan Count May Have an Error of Approximately 14 Million
    PANews reported on May 5 that, according to Protos, Worldcoin seems to have exaggerated the number of its controversial iris scans, with a possible data discrepancy of 14 million. According to data disclosed by the official World X account, the current number of World IDs has exceeded 26.1 million. However, the World website indicates that the number of "unique humans" is 12.35 million, a difference of about 14 million between the two figures. Analysts believe that World has confused the number of World IDs issued through scans with the number of users who have merely registered for the World App. As of now, World’s parent company, Tools for Humanity, has not responded to the data discrepancy.
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