The losses amount to about $10 million, just for the past 4 days alone. A trader, known only by the handle “qwatio” on the social media platform X, has been under the spotlight for the on-chain analytics firm Lookonchain. Recent developments regarding the unfortunate losses include a partial liquidation of...
XRP, SOL, and ADA Inclusion in US Crypto Reserve Pushes Traders on Edge
The market reacted with a classic "buy the rumor, sell the news" move after Trump’s crypto reserve announcement. There has been growing uncertainty and frustration among cryptocurrency traders following Bitcoin’s steep 10% drop within 24 hours. The sudden decline sparked widespread panic and anger across crypto-focused social media channels and...
$300B Wiped Out in Trump’s Crypto Market Pump and Dump
US President Donald Trump’s profound impact on crypto markets has been seen this week with a $300 billion pump and dump. President Donald Trump incited a $300 billion crypto market pump on Monday following the announcement of a US crypto reserve. The same Donald Trump has now induced a $300...
Bitcoin or Nothing: Altvest’s Board Chairman Dismisses Other Blockchain Projects
Masie sees Bitcoin as the ultimate cryptocurrency, but other blockchains are interesting computer science projects. A few days ago, the capital market company Altvest Capital became the first publicly traded African company to adopt Bitcoin as a treasury reserve asset. This move was announced as part of a broader treasury...