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The great tide of "whales" is suspended! The giants of Bitcoin are waiting, monitoring the market like a cat watching a mouse.

As Bitcoin appears to slide below 70,000 USD, a wave of panic is settling among short-term speculators. In just a few hours, nearly 54,000 BTC, worth about 3.76 billion dollars, were transferred to exchanges, marking one of the largest sell-offs in recent months. This massive influx of assets reflects a negative dynamic for the market, particularly among short-term holders who, faced with volatility, choose to liquidate their positions. Such a situation results not only from a temporary market adjustment but from a sense of urgency that raises concerns about the future price movement of the flagship cryptocurrency.

Peter Brandt's pessimistic forecasts, one of the most seasoned traders on the financial scene, plunge the crypto community into palpable anxiety. Indeed, the price of Ethereum could well collapse to $1550, a level rarely seen in recent years. In a context of widespread correction in the crypto market, this prediction shocks as much as it raises concerns. Ethereum, often considered one of the cornerstones of the sector, is indeed mired in a pronounced downward spiral, with no signs of recovery appearing on the horizon.

As Bitcoin seemed poised to cross the symbolic barrier of $72,000 on October 31, 2024, the latest U.S. economic data abruptly halted this ascent. With personal consumption expenditures (PCE) inflation unchanged and significant underlying inflation, hopes for a monetary easing by the Federal Reserve are dwindling, plunging investors into doubt. This tense macroeconomic context, coupled with cautious reactions from institutional players, exacerbates the pressure on long positions and amplifies price volatility.

As Bitcoin flirts with the symbolic threshold of $72,000, investors, energized by recent gains, are showing signs of "extreme greed." The "Fear and Greed Index," traditionally monitored by them to anticipate corrections, is reaching alarming levels. This momentum is further exacerbated by an explosion of short position liquidations, with $48 million evaporated in a single day.

At Shiba Inu, things are progressing in the code, but the meme crypto continues to lag behind in the market.

Between the shining gold and the sluggish BTC, traders are on the lookout for any flaw for a new crypto takeoff.

The online prediction market has never been under so much pressure, and this time, Polymarket finds itself at the center of an intriguing affair. The betting platform on political events has discovered that a single French trader, operating under multiple pseudonyms, is behind a significant volume of bets on Donald Trump's election chances. This situation has raised suspicions of market manipulation. So, what is really going on behind these large-scale bets?

Is Bitcoin poised to reach a new decisive milestone in its tumultuous history? As the flagship cryptocurrency navigates beyond the $65,000 mark, observers predict an imminent surge if the $70,000 threshold is surpassed. This new phase could signify a major shift for the fourth quarter of 2024. The atmosphere of optimism is returning after a period of summer consolidation, and many believe that the "drought period" is now a thing of the past.

Bitcoin takes a ride on the carousel, hitting $68,000, and triggers an avalanche of greed in the market.

The world of cryptocurrencies, known for its volatility, has once again proven its unpredictable nature. In just 24 hours, over 287 million dollars have been liquidated on the major exchanges. A figure that resonates as a warning for leveraged traders, exposed to sudden and brutal market movements. This new wave of liquidations spares neither Bitcoin nor Ethereum, two pillars of the crypto market, which have seen their valuations severely impacted.

When Bitcoin rises, traders tremble: the golden beast ascends, but the shadow of the bears is never far away.

Traders are leaving exchanges: Bitcoin now prefers the calm of a cozy wallet to the stress of turbulent markets.

The legal saga of FTX is finally coming to an end. After nearly two years of battles and attempts to recover funds, the courts have finally ordered the repayment of 16 billion dollars to the former clients of the asset exchange platform through the approval of a plan.

As the Middle East goes up in flames, Bitcoin stumbles. Gold, on the other hand, sparkles like a Napoleon found under a mattress.

Small traders have deserted the Bitcoin ship, leaving the whales to play among themselves without making too many waves.

On track! Bitcoin surpasses $62,000 after the Fed's boost. HODLers hold on, traders rejoice!

The Bitcoin market is going through a tumultuous period, marked by a series of significant sales from short-term holders. These investors, generally more sensitive to rapid market fluctuations, have decided to reduce their exposure in light of a decline in confidence regarding short-term price stability. This phenomenon occurs as macroeconomic uncertainties, particularly related to U.S. interest rates, continue to weigh on risky assets. However, this massive exit also paves the way for a new dynamic, with long-term holders seizing the opportunity to strengthen their positions.

Bitcoin is on the rise, climbing to $58,000 and just like that! 14,000 BTC vanish into thin air. The big fish are fleeing and the little ones are laughing... for now!

France has made an unexpected request to the European Commission as Europe seeks to maintain post-pandemic budgetary balance. Indeed, it is asking for an extension of the deadline for submitting its public deficit reduction plan. The aim behind this request is to enable it to align this plan with the finance law for the year 2025. With a colossal public debt, France is far beyond the thresholds set by the EU. This request therefore threatens the economic stability of the euro area, as well as that of the crypto market.

Scalping is one of the most well-known and widely used strategies in cryptocurrency trading. This technique can be highly profitable, provided that you have a solid understanding of it. Let’s explore what scalping entails and how you can significantly increase your profits using this strategy.

When Bitcoin crashes, Markus pipes up on X, offering a lesson in monetary philosophy in 280 characters. Photo Credits: By Mikaïa - Cointribune

Elon Musk shares a coded message on X (Twitter), sparking speculation about his accumulation of Bitcoin!

Glassnode highlights the resilience of Bitcoin, despite a 26% drop, thanks to a stable market structure.

Cryptocurrency and Scams: How fraudsters use AI to trap traders

The cryptocurrency market was shaken at the beginning of this week by a spectacular drop in the price of Bitcoin, which fell below the $62,500 mark. This steep decline led to the liquidation of over 60,000 traders, causing major disruptions in the crypto ecosystem. Why such a drop?

Convex Finance (CVX) explodes: A fireworks display of profits for savvy crypto traders.

Bitcoin whales are devouring the market: $1 billion worth of BTC purchased daily, target $80,000