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This tweet from CZ (former CEO of Binance) offers a simple but crucial trading tip: avoid buying high and selling low, what exactly does he mean?
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Elon Musk is once again hyping Dogecoin, this time suggesting it could play a role in reducing government waste and fraud. His pinned tweet, "Super yes FTW!!", reinforces his support for the idea. Given his history with DOGE and his influence, this post has sparked discussions—both excitement from DOGE fans and skepticism from critics. What do you think? Could DOGE have a real-world impact beyond memes?
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$1.07 Billion in Bitcoin Transferred by Mt.Gox to New Wallet – Here’s Nuance An analytics account on the X platform, @Spotonchain, has spread the word about the infamous Bitcoin exchange Mt. Gox transferring yet another mind-blowing amount of BTC. According to the tweet, more than a billion dollars worth of Bitcoin was moved to a new wallet several hours ago New Bitcoin batch moved by Mt. Gox Spotonchain announced that the early crypto exchange mentioned above had shoveled 11,834 BTC, worth a crazy $1.07 billion in fiat. This Bitcoin batch was transferred to a new crypto wallet, but the data source commented that it is likely “part of an internal move.” It also reminded the crypto community on X that, last year between Nov. 1 and Dec. 24, Mt. Gox had transferred 8,820 BTC to B2C2 Group – the equivalent of roughly $760 million. As of now, the defunct exchange still holds 24,245 BTC in several known wallets – or $2.19 billion Among the transfers initiated by Mt. Gox mentioned above was 1,620 BTC valued at $172.5 million on Dec. 17, when Bitcoin was approaching an all-time high at $108,000, and $49.3 million worth of Bitcoin on Dec. 23 Mt. Gox reimbursing its creditors The infamous Japan-based crypto trading platform went insolvent in 2014 after suffering several security breaches and losing 840,000 Bitcoins. Back then, it amounted to roughly $450 million The platform was initially launched by a cofounder of Ripple, who later founded Stellar - Jed McCaleb. But then it was sold to Mark Karpeles, who became Mt. Gox’s CEO In June 2024, the exchange announced it was ready to start compensating the losses to its creditors. Payouts started as the exchange began moving Bitcoin to centralized exchanges in the U.S. and Europe to distribute crypto. The repayment process was meant to finish in October 2024. However, due to unexpected circumstances, it was postponed by a whole year
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#TrumpCongressSpeech $BTC Trump’s Congress Speech Shakes Crypto Markets! 🚨 President Donald Trump’s address to Congress introduced bold policy proposals, including a National Cryptocurrency Strategic Reserve. This move has sparked optimism among investors looking for regulatory clarity but also concern over potential government control in decentralized markets How do you think this will impact the future of crypto? 📈📉
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Bitcoin price today: recovers to $89k amid dip buying, tariff relief hopes $BTC Bitcoin rose on Wednesday as an extended rout in crypto prices drew in some bargain buying, while hopes of a scaling down in U.S. President Donald Trump’s trade tariffs also aided risk appetite. The world’s largest crypto saw wild swings this week as Trump’s promises of a crypto reserve sparked a sharp rebound from last week’s losses. But this rebound proved to be short-lived as Trump gave few cues on his crypto plans. The U.S. President also made no mention of crypto during an address in Congress on Tuesday evening. Bitcoin rose 6.4% to $88,553.0 by 10:18 ET (15:18 GMT). Meanwhile, the DXY index, which gauges the U.S. dollar’s strength, has fallen below 105 for the first time since mid-November. Lutnick comments spark hopes of tariff relief U.S. Commerce Secretary Howard Lutnick said on Tuesday evening that Trump could make concessions for Canada and Mexico after imposing 25% tariffs against both countries this week. The two countries had lambasted the move and introduced a host of retaliatory measures. Trump also imposed 20% tariffs against China. Lutnick’s comments drove up hopes that Trump’s tariffs will be a negotiating tool and will prove to be short-lived, sparking appetite for risk-driven assets. Stock markets were also seen recovering mildly from recent losses. But Trump made no mention of any tariff concessions during a Tuesday address before Congress. The U.S. President instead appeared to double down on his tariff agenda, stating that even more measures were coming by early-April
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