Bitcoin Faces $19.8B Options Expiry. What Could It Mean for BTC Price?
Bitcoin traders are gearing up for a critical $19.8 billion options expiry set to occur on Dec. 27 at 8:00 am UTC. The cryptocurrency’s recent rally past $100,000 has caught bearish investors off guard, leaving bullish participants in a strong position to leverage the event and potentially push Bitcoin to fresh all-time highs. At present, […]
Crypto Trader Turns $27 into $52M with Clever Pepe Token Investment
A cryptocurrency trader has reportedly transformed a modest $27 investment into a staggering $52 million profit through a Pepe memecoin investment, according to blockchain analytics firm Lookonchain. The identity of the trader remains unknown, but Lookonchain highlighted the remarkable achievement in a December 14 post on X (formerly Twitter). The post revealed that a Pepe […]
US Strategic Reserve Proposal Could Trigger Bitcoin Price Fluctuations
A crypto market expert has cautioned that the United States government’s potential plan to acquire 5% of Bitcoin’s supply could lead to heightened short-term price swings if approved. “If the strategic Bitcoin reserve gets the green light, I expect we’ll see significant volatility. Bitcoin may rally initially but could soon retrace,” said Ben Simpson, CEO […]