Crypto Whale Takes Massive Short Position on Bitcoin Introduction A crypto whale with a history of profitable trades has managed to come out on top after opening a massive short position on Bitcoin (BTC). Blockchain analytics firm Lookonchain says a deep-pocketed trader built a 3,940 BTC short position worth $332
Welcome to our latest blog post! Crypto Market Update The crypto market remained relatively flat over the past 24 hours, with the market cap registering a marginal decline and falling to $2.71 trillion. Markets were mixed, with some cryptocurrencies registering marginal increases while others registered marginal declines. Analysis of the
Cryptocurrency Traders’ Favorite Tool: Bollinger Bands Explained Introduction When it comes to cryptocurrency, traders look at different indicators to try and predict where the market is going, and one of the most battle tested technical analysis tools can be called Bollinger Bands. These bands were created by John Bollinger in
Ripple’s Current Trading Situation Introduction Ripple, one of the top cryptocurrencies in the market, has been trading within a tight range between the 100-day moving average and the crucial $1.9 support level. This consolidation phase has been ongoing for some time now, and analysts are expecting further consolidation until a
Banks and Financial Organizations Show Interest in XRP, But Price Remains Stagnant Why are Banks and Financial Organizations Interested in XRP? Over the past few years, XRP has gained attention from banks and global financial organizations due to its decentralized nature and efficient digital payment system. Ripple, the company behind
Dog-Themed Cryptocurrency SHIB Faces Crucial Turning Point Overview Shiba Inu (SHIB), a dog-themed cryptocurrency, is currently at a crucial turning point as it faces a major supply test that could determine its next big price move. There is a significant price range where 549 trillion SHIB are currently held, and
A Bitcoin whale secures $10 million profit on 40x leverage short position Profitable Bitcoin short position A Bitcoin whale recently closed a 40x leverage short position, raking in nearly $10 million in profit. The whale had initially invested over $516 million in the short position, taking advantage of the volatile
Ethereum Cofounder Vitalik Buterin Sells Meme Coins Vitalik Buterin’s Recent Cryptocurrency Sell-Off Ethereum cofounder Vitalik Buterin made headlines recently for getting rid of a number of meme coins from his wallet. According to data from OnChain Lens, Buterin sold a mix of lesser-known and fake tokens and converted them into
Time: 2025-03-18 13:15:00 Overview The latest data on U.S. Manufacturing Production Year-on-Year (YoY) has revealed a decrease to 0.7%, a notable drop from the previous 1.2% and falling short of the forecasted 1.3%. With a considerable change of -41.667%, this shift might seem minor, but it holds significant implications for
U.S. Industrial Production: Current Scenario As of March 18, 2025, the U.S. Industrial Production year-on-year (YoY) growth rate has registered at 1.4%, a notable decline from the previous rate of 1.9% and significantly below the forecasted 2.3%. This deceleration marks a 26.316% change, resulting in a low-impact scenario, while raising
On March 18, 2025, data from the United States revealed a significant increase in Manufacturing Production on a month-over-month basis, registering an actual growth rate of 0.9% compared to the previous month’s modest 0.1%. This figure notably surpassed the forecasted 0.3% growth, marking an impressive 800% change and highlighting the
Introduction On March 18, 2025, the United States reported a capacity utilization rate of 78.2%, surpassing both the previous month’s rate of 77.7% and analysts’ forecast of 77.8%. This low-impact increase of 0.644% could signal shifts in economic activity that are significant both domestically and globally. In the context of
In a surprising turn of events, the U.S. Industrial Production Monthly-over-Month (MoM) data for February shows an impressive increase of 0.7%, significantly exceeding both the previous 0.3% and the forecasted 0.2%. This 133.333% change represents a robust rebound in the industrial sector, signaling potential shifts in domestic and global economic
On-chain investigator ZachXBT Exposes Hyperliquid Whale Shocking Discovery On-chain investigator ZachXBT, known for exposing the ByBit hacker link to the Lazarus Group, has made a shocking revelation about the widely discussed “Hyperliquid 50x leverage whale.” According to him, this trader is not just making risky trades but is actually a
The United States Redbook Year-over-Year (YoY) index reveals a significant slowdown in retail growth, posting an actual figure of 5.2% compared to the previous 5.7%. This contraction, marked by an 8.772% decrease, indicates a low-impact yet noticeable shift in consumer spending behaviors. Implications for the United States and the Global
State-Supported North Korean Hackers Steal Billions in Cryptocurrency Lazarus Group’s Massive Crypto Theft Operation In a series of sophisticated cyber attacks spanning less than a decade, a group of state-supported North Korean hackers operating under the moniker Lazarus Group have managed to steal billions of dollars worth of cryptocurrency. Their
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