Tag: Crypto

3 Key Events That Could Shake the Crypto Market This Week

Jobs reports and Federal Reserve speeches will dominate the week ahead, which follows a tumultuous one for markets. The second estimate for Q4 GDP confirmed that the economy grew at a solid 2.3% pace, led by consumer and government spending, but concerns about future GDP growth persist due to...
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‘Big Gamble or Insider Trading?’ Whale Opens 50x Leveraged Long Position On Bitcoin, Etherum, Closes Just Before Trump’s Crypto Reserve Announcement

An investor’s highly leveraged long trade and closure just before President Donald Trump declared a cryptocurrency strategic reserve on Sunday raised speculation of insider trading. What happened: In an X post, capital markets commentator The Kobeissi Letter highlighted how a whale took a 50x leverage on Bitcoin (CRYPTO: BTC)...
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Cardano Founder Speaks Out Over Rumored White House Ties

Charles Hoskinson, founder of Cardano, has addressed swirling speculations regarding his potential ties to the White House. The rumors gained traction over the past few weeks due to several subtle hints by Hoskinson. Last week, Hoskinson announced the cancellation of his scheduled appearance at ETH Denver, which he attributed...
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Gordon Johnson Says ‘Market Driven By Corruption’ Over Trump’s Bitcoin, Ethereum Crypto Reserve Plan: David Sacks Denies Conflict

Gordon Johnson, an analyst at GLJ Research, criticized what he called market “corruption” Sunday following President Donald Trump‘s announcement of a strategic U.S. cryptocurrency reserve that would include several digital assets. What Happened: “Markets driven by corruption. This can’t last too long,” Johnson wrote on X, responding to allegations...
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Bitcoin Miner Riot Platforms Achieves $109.4M Profit, Reversing 2023 Loss

Popular Bitcoin mining and digital infrastructure company Riot Platforms announced record-breaking financial results for the year 2024, as a result of a significant increase in mining revenue and strategic acquisitions. The company, listed on Nasdaq, reported $376.7 million in total revenue in 2024, which was up over 34% from...
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