Bitcoin Options Expiry Could End Bear Market
Bitcoin’s price surged to $68,800, needing a 9% rally for bullish momentum ahead of Friday’s $10.5B options expiry; current correlation with Nasdaq 100 at 90%. #Update #Crypto $BTC
Bitcoin’s price surged to $68,800, needing a 9% rally for bullish momentum ahead of Friday’s $10.5B options expiry; current correlation with Nasdaq 100 at 90%. #Update #Crypto $BTC
@Blockfills CEO Nicholas Hammer has resigned amid $75 million losses and suspended client withdrawals; Joseph Perry is interim CEO. The firm is seeking a buyer. #Update #Crypto $BTC $ETH
Bitcoin’s recent rally prompts scrutiny of ETF mechanics, highlighting institutional influence on price discovery via futures markets rather than spot exchanges. #Update #Crypto $BTC
Ethereum surged over 15%, peaking at $2,158 before correcting below $2,150. Trading above $2,000, ETH might decline further if it fails to surpass $2,120 resistance. #Update #Crypto $ETH
Ripple CTO Emeritus David Schwartz claims XRP Ledger was designed to prevent Ripple’s control, protecting it from corporate and regulatory pressures. #Update #Crypto $XRP
Perplexity AI unveils Perplexity Computer, integrating AI functions for end-to-end project management. Recent expansions include Samsung partnership and in-app shopping. #Update #Tech
@MatX has raised $500M in Series B funding to develop AI chips for LLMs, aiming to compete with Nvidia. The MatX One processor is expected by 2027. #Update #Crypto
A former California gubernatorial candidate was banned from @Kalshi for insider trading after betting on his own candidacy, facing a five-year suspension and $2,000 fine. #Update #Legal
@Nvidia reported Q4 revenue of $68.1B, up 73% YoY, exceeding estimates. Data Center revenue hit a record $62.3B. Guidance for Q1 revenue is $78B, surpassing expectations. #Update #AI $NVDA
Nvidia’s Q4 revenue surged 73% to $68.1B, boosting AI infrastructure spending and lifting $BTC and $ETH by 7% and 12.5%, respectively. #Update #Crypto $BTC
Bitcoin price may drop over 14% to $55,759 as Elliott Wave analysis predicts final bear market move. Investors should brace for potential decline. #Update #Crypto $BTC
Ripple accelerates its institutional finance push with $4B in acquisitions, positioning as core infrastructure for digital assets, says CEO Brad Garlinghouse. #Update #Crypto $XRP
Travala has launched a global car rental service via CarTrawler, allowing crypto payments like $BTC and $ETH across 50,000 locations in over 150 countries. #Update #Travel
@Kraken has launched Flexline, a crypto-backed loan product for Pro users, allowing loans from 10%-25% APR without selling assets. Loans are not available in several countries. #Update #Crypto $USDC