The Urban Mine

Empowering Las Vegas with E-Waste

Top Trader Capo Issues Warning About Bitcoin (BTC) and Altcoins As Crypto Markets Suffer Downtick in Price

A popular crypto strategist and trader thinks that Bitcoin (BTC) and the altcoin markets are poised for a massive correction. The pseudonymous crypto analyst Capo tells his 266,300 Twitter followers that Bitcoin’s “main target” is between $21,000-$23,000. Source: Capo/Twitter Bitcoin is trading at $36,117.66 at time of writing, down more than 6.5% in the past […]

US Fed hikes interest rates, Bitcoin plunges below $36K, and Argentina’s central bank says no to financial institutions offering crypto: Hodler’s Digest, May 1-7

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Fed hikes interest rates by 50 basis points in effort […]

Here’s the Worst-Case Scenario for Bitcoin (BTC) Amid Crypto Market Tumble, According to Analyst Nicholas Merten

A popular crypto analyst is considering how low Bitcoin (BTC) could go as the markets head into the weekend on a sour note. In a new strategy session, Nicholas Merten gives his 516,000 YouTube subscribers a weekly wrap-up after the Federal Reserve raised interest rates and digital assets wilted under major sell-side pressure. “I want […]

Top Trader Says Solana (SOL), Polygon (MATIC) and Two Ethereum Rivals in Massive Danger if Support Crumbles

A popular crypto analyst and trader is warning that altcoins face more downward price pressure if the current support levels fail to hold. Pseudonymous trader Altcoin Sherpa tells his 174,900 Twitter followers that Solana (SOL), Polygon (MATIC), Avalanche (AVAX) and Terra (LUNA) are on the verge of losing their support levels. The analyst says that […]

Over $407,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin (BTC) Plunges to Four-Month Low

Tens of thousands of crypto traders are having their positions liquidated as markets across numerous sectors close out the week in the red. Data from the cryptocurrency futures trading and information platform Coinglass reveals that on May 5th, more than $407.60 million worth of trader positions in digital assets were wiped out in a 24-hour […]

Trading App Giant Robinhood Lists Grayscale Bitcoin (BTC) and Ethereum (ETH) Stocks

US trading giant Robinhood is adding two cryptocurrency-related products to its lineup for retail investors. Investment asset manager Greyscale announced that the firm’s traditional investment vehicles for both Bitcoin (BTC) and Ethereum (ETH) are launching on the Robinhood trading app. There’s two new ways to access crypto on @RobinhoodApp. You can start trading $GBTC and […]

Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack

The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from the hacking of Axie Infinity’s Ronin bridge. North Korean state-sponsored hackers Lazarus Group have been identified as the perpetrators of the attack.  Treasury Under Secretary for Terrorism and […]

Top Crypto Trader Says Bouncing Bitcoin (BTC) To Test Lower Lows, Examines Ethereum (ETH) and VeChain (VET)

Widely-followed crypto analyst Justin Bennett says Bitcoin (BTC), Ethereum (ETH), and VeChain (VET) should all expect lower lows before their next legs up. In the latest edition of the trader’s Crypocademy newsletter, Bennett forecasts that BTC will drop to $35,000 before bouncing back up. “Bitcoin is bouncing today from the $37,600 area, which served as support in […]

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