Search results for OG
Crypto
Bitcoin whales dormant for 7 years sell $271 million
Long-term Bitcoin whales that had held coins for more than 7 years recently sold about $271 million worth of Bitcoin, data showed. The move was the biggest since Jan. 10, when outflows were followed by a 13 percent price correction within two weeks. Recent indicators point to improved market absorption and a rebound in long-term holder positioning. Analysts also cited metrics often associated with market bottoms, while warning it is too early to confirm a renewed uptrend.
Crypto
Crypto.com launches new prediction market platform OG
Crypto.com said on Tuesday it has officially launched OG, a prediction market platform. The company said OG combines a consumer-friendly app environment, social media-style participation features and institutional-grade reliability, allowing users to trade and communicate about the likelihood of outcomes across a range of real-world events and compete through a leaderboard. OG offers access to contracts including sports event contracts regulated by the U.S. Commodity Futures Trading Commission.
Crypto
Bitcoin 30 percent plunge signal flashes as market braces for worst-case scenario
Veteran trader Peter Brandt warns bitcoin may fall further, saying it could slip to $58,000 to $62,000, a potential correction of up to 37 percent from about $92,400. He cites a rising wedge pattern but notes the limits of technical analysis. Some analysts see parallels with the 2022 downturn, while others point to improving U.S. liquidity and a long-term uptrend. On-chain data show dormant whales moving and selling coins.