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Showing posts with the label crypto trading

Top Altcoins to Watch as XRP Liquidations Shake the Market

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Ethereum Inches Closer to $4000, Rallies 50% in 1 Month

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Ethereum (ETH) is once again moving closer to the $4000 mark. The second-largest cryptocurrency by market cap has rallied 6% in the last 24 hours, 5.5% in the weekly charts, 7.1% in the 14-day charts, 50% over the previous month, and 60.5% since August 2024, according to CoinGecko’s ETH data. Source: CoinGecko What’s Pushing Ethereum Towards $4000? Source: Watcher.Guru ETH’s latest rally comes amid a market-wide rebound. Bitcoin (BTC) has reclaimed the $116,000 price point. The global crypto market cap is also inching closer to the $4 trillion mark. The rally is likely due to President Trump allowing retirement funds to invest in crypto assets. President Trump is also actively pushing for an interest rate cut. Trump has placed a close aide on the Federal Reserve Board of Governors. Many anticipate a rate cut in September 2025. Goldman Sachs, Wells Fargo, and Citigroup anticipate a 25 basis point rate cut next month. The move could lead to ETH and other cryptocurrencies...

Whale Inflows Jump 54%: PEPE Coin Prepping for Q3 Surge?

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A PEPE Coin Q3 surge appears increasingly likely as whale inflows have jumped 54% in just 24 hours, and major investors have been accumulating an impressive 44 billion PEPE tokens. This massive whale activity coincides with crypto market volatility that has left retail holders underwater, yet it suggests institutional confidence in a potential PEPE Coin price prediction turnaround. The accumulation patterns indicate reduced cryptocurrency investment risks for those positioning ahead of Q3. Also Read: James Wynn Bounced Back Fast With PEPE: Here’s His Secret Move Pepe Coin Q3 Surge Potential Amid Whale Inflows and Market Volatility Source: Watcher.Guru Whale Activity Surges Despite Price Consolidation Right now, PEPE Coin has been holding steady around the $0.000011 level, and this stability comes after a 30% decline from its May 23 peak of $0.000016. The current consolidation, which is quite rare for meme coins like PEPE, has been accompanied by significant whale movements that signal...

$64B Asset Manager Citadel to Offer Crypto Trading, Liquidity

$64 billion asset manager Citadel Securities will begin offering crypto trading and become a liquidity provider for cryptocurrencies, a Bloomberg report says. The firm aims to get added to the roster of market makers on various exchanges, including those run by Coinbase Global Inc., Binance Holdings, and Crypto.com. The firm was previously cautious about engaging with the crypto industry but has changed its tone due to its belief in Donald Trump’s administration lifting the crypto industry upward. JUST IN: $64 billion asset manager Citadel to offer crypto trading and become a liquidity provider for cryptocurrencies. — Watcher.Guru (@WatcherGuru) February 24, 2025 Once the firm is approved on exchanges, it initially plans to set up market-making teams outside the US, sources tell Bloomberg. The extent of the push and Citadel’s desire could change based on how or if new regulations roll out in the coming months. Currently, crypto is a major pillar in this administration’s prio...

Which FTX and Alameda executives are going to prison and when?

FTX and Alameda Research’s antics devastated the cryptocurrency ecosystem nearly two years ago when it was revealed by CoinDesk reporting that Alameda execs had used FTX as a piggy bank for their trading activities.  Over the last two years, several of those executives have been charged with various crimes, and some have already been sentenced to prison, among them former FTX CEO and Alameda founder, Sam Bankman-Fried.  Is Sam Bankman-Fried’s crypto trading firm Alameda Research broke? Sam Bankman-Fried Bankman-Fried was found guilty by a jury of his peers of conspiracy to commit wire fraud, wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering.  He had previously been charged with other counts that have been dismissed, including conspiracy to operate an unlicensed money-transmitting business, conspiracy to defraud the Federal Election Commission (FEC), conspiracy to violate the anti-bribe...