The post Bitcoin Whale Profits $570K as Bitcoin Price Rise Above $71K appeared first on Coinpedia Fintech News
Bitcoin has climbed back above $71,000, and one trader quickly took advantage of the move. Wallet 0x004E opened a 30x long position on 600 BTC worth about $42.7 million at an entry price of $70,235.8 in the last 20 minutes. As the price rose, the position reached about $570,000 in unrealized profit. If Bitcoin drops to $66,942.69, the position could be liquidated.
Crypto analyst Sykodelic has declared that the Bitcoin bleed is almost over and suggested that BTC is unlikely to drop to $40,000 as some experts predict He alluded...
Read more
CoinShares (CSHR), one of Europe’s largest crypto asset managers, made its long‑anticipated US market debut on Wednesday after completing a merger with Vine Hill Capital that created the...
Read moreWhat looks like a geopolitical threat aimed at US multinationals could quickly become a crypto story too That is because several of the companies threatened by Iran now...
Read more
Australia has passed its first comprehensive digital-asset framework, locking in a licensing regime for crypto platforms and custodians under the existing financial‑services law A New Comprehensive
Read more
A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that could indicate when the leading cryptocurrency has hit a bottom The analysis concludes...
Read more
Wemaple will be firmly committed to the public interest and democratic values.
