Shares in the Bitcoin-buying firm KindlyMD dropped 55% after CEO David Bailey encouraged low-conviction traders to exit. Shares in the healthcare-turned-Bitcoin holdings company KindlyMD Inc. halved on Monday as its CEO warned of an upcoming increase in “share price volatility” and encouraged short-term traders to sell if they’re only looking to profit. “We expect share…
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Crypto derivatives volumes surged across major exchanges last month, with Binance leading at $2.55 trillion. Crypto derivatives trading volumes on the Binance exchange surged to six-month highs in July, signaling increased trading activity and potentially more volatility in the wake of recent market swings. Binance futures trading volumes hit $2.55 trillion in July, the highest…
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Bitcoin’s rangebound trading style is raising eyebrows among both traders and analysts despite the Bybit hack. Bitcoin eyed $95,000 into the Feb. 23 weekly close as signs pointed to a major BTC buy-in by business intelligence firm Strategy. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Strategy CEO Saylor hints at BTC exposure increase Data from Markets Pro and TradingView showed a…
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The last low came on August 5, 2019, when the number of linked addresses was 2,023, according to data from the blockchain analysis firm Glassnode on February 19, the number of whales owning more than 1,000 BTC (or the number of wallet addresses above) was 2,027. Each associated whale wallet address is holding more than…
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