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news-imageDecember 24, 2024

Crypto millionaire sells more Ethereum for Bitcoin in a $70M-losing trade

A known crypto millionaire, active investor, trader, and Ethereum (ETH) supporter continues to capitulate from a losing Ethereum-Bitcoin (BTC) trade. James Fickel is among the richest cryptocurrency investors and a recognized entrepreneur in longevity research as the Amaranth Foundation's founder.
Publisher: Finbold
Sentiment: Negative
BTC
ETH

More News Articles

Positive
cover-imageBenzinga
December 25, 2024

'RIP Bitcoin Obituaries,' Declares Expert — Death Notices Dwindle As Top Crypto Gains Acceptance From Politicians, Billionaires

Jameson Lopp's recent post on X, “RIP Bitcoin Obituaries,” suggests a decline in Bitcoin's (CRYPTO: BTC) death proclamations, sparking interest in the cryptocurrency's resilience. What Happened: The software engineer, columnist, and Bitcoin advocate's post on Christmas Eve, hints at the diminishing frequency of death declarations.

Negative
cover-imageThe Currency Analytics
December 24, 2024

Ethereum Price Forecast: Is a Drop Below $3,000 on the Horizon for ETH

Ethereum (ETH) has been facing growing bearish pressure recently, and market watchers are increasingly concerned that the price could decline toward the psychological $3,000 level. This follows a wave of selling activity across both long-term and short-term holders, alongside other key indicators pointing to a potential downturn.

Negative
cover-imageNewsBTC
December 24, 2024

Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated.

Positive
cover-imageNewsBTC
December 24, 2024

Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says

A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake post, an analyst talked about the latest development in the Bitcoin Coinbase Premium Index.

Neutral
cover-imageBitcoin
December 24, 2024

Bitcoin Supply Reaches 19.8 Million Mark, Nearing Maximum Limit

Data reveals that Bitcoin's total circulating supply has surpassed the 19.8 million mark, a notable milestone as the cryptocurrency edges closer to its maximum supply cap of 21 million. 19.8 Million Bitcoin Mined, Less Than 1.2 Million Left Bitcoin's supply mechanism has always been one of its defining features, with its capped issuance ensuring scarcity.

Positive
cover-imageBenzinga
December 24, 2024

Michael Saylor Declares Bitcoin The World's First 'Perfect Money'

Bitcoin (CRYPTO: BTC) advocate and MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor asserts that Bitcoin's meteoric rise to over $100,000 has decisively proven its legitimacy and laid the groundwork for its potential ascent to $13 million per coin. In a podcast with Tom Bilyeu published on Dec. 17, Saylor predicted Bitcoin will grow at an average annual rate of 29%, fueled by increasing institutional participation and broader educational initiatives aimed at demystifying the asset.

Positive
cover-imageCryptopolitan
December 24, 2024

Bitcoin's surge prove Wall Street's crypto converts right

Bitcoin smashed through the $100,000 mark this month, erasing doubts about the career choices of Wall Street elites who risked everything for crypto. These weren't small-time players—they were Ivy League graduates and high-powered financiers from companies like Morgan Stanley and BlackRock.

Positive
cover-imageBenzinga
December 24, 2024

Bitcoin, Ethereum, XRP, Dogecoin Surge Around 5% In Christmas Eve 'Santa Rally'

Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.

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