It’s been 16 days since FTX filed for Chapter 11 chapter safety within the U.S. and the previous FTX CEO Sam Bankman-Fried (SBF) is allegedly nonetheless hunkering down at his seaside resort within the Bahamas. This weekend, the Youtuber referred to as Bitboy determined to fly right down to Nassau in an effort to query SBF in regards to the FTX collapse, and crypto supporters on social media have been eagerly watching Bitboy seek for SBF on the island.
Crypto Twitter, in any other case referred to as CT, has been entertained this previous weekend by the Youtube character Bitboy, in any other case referred to as Ben Armstrong. The explanation Bitboy has caught a lot consideration throughout the previous few days is as a result of he determined to fly out to the Bahamas so he may query Sam Bankman-Fried (SBF).
It’s assumed that SBF remains to be within the Bahamas, though the previous crypto government’s ostensible non-public jet has been touring forwards and backwards from Nassau to Argentina greater than eight occasions because the chapter submitting. A couple of days in the past, Bitboy advised CT that he was headed to the Bahamas to do what nobody was keen to do which is query SBF in regards to the FTX catastrophe.
We obtained @Bitboy_Crypto tenting exterior of Sam Bankman-Fried’s condominium within the Bahamas 🇧🇸.
The person won’t cease till he will get solutions. ✔️
— David Gokhshtein (@davidgokhshtein) November 26, 2022
Investigators from the U.S. have reportedly been investigating the FTX collapse, however folks don’t consider regulation enforcement is absolutely doing something. Moreover, they absolutely don’t consider the media’s efforts, as information publications just like the New York Instances (NYT), the Wall Road Journal (WSJ), Forbes, and the Washington Submit have been accused of defending SBF’s picture and printing “puff items” about FTX and Alameda executives.
NO ONE ELSE IS HERE TRYING TO GET TO THE TRUTH
Solely us.
Individuals are terrified for my security. I’m consuming a Tuna Steak lol. I’m positive. Guys you haven’t any thought. This isn’t what you suppose it’s. It’s not harmful right here in any respect. It’s really tremendous welcoming.
— Ben Armstrong (@Bitboy_Crypto) November 26, 2022
Bitboy’s go to to the Bahamas has been trending for the previous 24 hours, and Twitter’s vertical tendencies present more than 100,000 tweets in regards to the topic on the time of writing. The Youtuber with over 1 million Twitter followers stressed on Saturday that “nobody else is right here attempting to get to the reality.” Bitboy stated his hunt for SBF wasn’t about gaining consideration however extra about getting actual solutions from the previous FTX CEO.
“This isn’t about clicks. That is about solutions. And I’m not leaving this island with out them,” Bitboy tweeted. A lot of folks have proven enthusiasm for what Bitboy is doing and many individuals thought it was very entertaining. “Who tf wants Netflix when you’ve gotten CT?” one particular person asked. In reality, crypto followers had been fairly astounded that it was Bitboy going to query SBF reasonably than investigators and the media.
“So, right here is the man taking up and investigating the FTX scandal,” the Twitter account Cryptobull wrote. “Not the FBI, not the DOJ, not the media, and positively not the SEC. My respect [Bitboy],” Cryptobull added. Bitboy responded to Cryptobull’s tweet and stated: “I advised you I used to be out right here preventing for the folks. If nobody else will do it, I’ll.” Nonetheless, getting in contact with SBF has been troublesome for Bitboy as SBF has blocked him on Twitter. However that hasnt stopped Bitboy’s hunt to search out SBF so he may be questioned and the Youtuber has shared photos and movies in regards to the expertise.
One group of images Bitboy shared on Saturday was a couple of pictures of SBF’s alleged Toyota Corolla. “In line with Twitter that is Sam’s Corolla,” Bitboy tweeted. “Full with drugs within the entrance seat. Perhaps somebody can establish what they’re. And an MSI laptop computer within the again. SBF, look out your window bud. I simply need to discuss. Come inform your story,” the Youtuber added.
Sammy. Let’s discuss. pic.twitter.com/XMRXri24wo
— Ben Armstrong (@Bitboy_Crypto) November 26, 2022
Bitboy additionally shared a video of the Albany seaside condominium the place SBF allegedly resides in the intervening time. “It’s superb to me a staffer on the Albany stated we’re the primary folks to return searching for Sam WTF,” Bitboy tweeted. The Youtuber has additionally been messaging SBF by way of iMessage and Bitboy shared a picture of the texts that present SBF might have learn them. Later within the night, Bitboy stated:
I’m simply down right here as a result of nobody has been keen to characterize the folks and confront Sam.
A large number of cryptocurrency supporters tweeted about Bitboy’s go to to the Bahamas to query SBF. The bitcoin proponent Layah Heilpern defined that she wished to see a reside stream of the go to. “It’s confirmed [Bitboy] is formally exterior Sam Bankman-Fried’s home demanding solutions,” Heilpern tweeted. “How is a crypto man doing a greater job than U.S. investigators? I need a reside stream proper now… Anybody else?”
Throwback to when the safety guard escorted us out. Brian was fairly cool tbh.
Sam, Barb, and Joe are those who made him to it.
Sam I’ll come again for those who put me on the visitor record. pic.twitter.com/13OqNOBSwq
— Ben Armstrong (@Bitboy_Crypto) November 27, 2022
Following Bitboy’s tweets, photos and movies on Saturday, the Youtuber stated that SBF is allegedly being kicked out of the seaside condominium in 48 hours. “Sam can be kicked out of the Albany inside 48 hours. Are you able to think about residing there understanding what number of enemies he has who now see how simple it’s to get in?” Bitboy said. In case you are his neighbor, would you need this type of consideration in your million-dollar compound?” The next day the Youtuber stated:
We’ve got mainly performed the equal of throwing a digital sledgehammer via Sam’s window. As soon as he got here down from his uppers final night time, how do you suppose he slept?
What do you consider Bitboy flying out to the Bahamas to confront and query the previous FTX CEO SBF? Tell us what you consider this topic within the feedback part under.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, instantly or not directly, for any harm or loss precipitated or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or providers talked about on this article.
Cryptocurrency exchange Coinbase said Tuesday (Jan. 14) that it is investigating a problem with delayed sends of Ripple (XRP) on its platform.
“We are aware that some users may be experiencing delayed sends for Ripple (XRP),” Coinbase said in an incident report on its status page. “Buys, Sells and Fiat withdrawals/deposits are not affected. We are investigating this issue and will provide an update shortly.”
In an earlier, separate report on its status page, Coinbase said some users experienced delayed sends and receives for Stellar (XLM) on Friday (Jan. 10). That incident was resolved within 90 minutes.
On Thursday (Jan. 9), some users experienced latency or degraded performance with buys, sells, sends, Coinbase Onramp and Advanced Trade. That issue was resolved within two hours, according to the page.
In other, separate news about the company, it was reported Thursday (Jan. 9) that Coinbase told customers that it may have to share data demanded by the Commodity Futures Trading Commission (CFTC).
The regulator sent a subpoena to the firm that seeks information about Coinbase customers’ interactions with prediction market firm Polymarket, and Coinbase emailed some customers saying it may have to share that data with the CFTC.
“When we receive requests for information from a government, each request is carefully reviewed by a team of trained experts using established procedures to determine its legal sufficiency,” a Coinbase spokesperson told CoinDesk.
On Dec. 9, cryptocurrency payments solution firm Triple-A announced an integration with Coinbase that it said it designed to let Coinbase users make payments to select merchants in the Triple-A network.
“Triple-A’s integration with Coinbase Commerce will empower merchants to offer a Coinbase-specific payment option, enhancing the convenience for Coinbase users and allowing Coinbase to connect with a wider network of merchants, to drive the broader adoption of cryptocurrency payments,” the company said in a press release.
Coinbase upgraded its Coinbase One subscription program and launched a new tier called Coinbase One Premium on Dec. 4, saying that with these new offerings, “Coinbase One now truly benefits all types of traders.”
Coinbase One membership has reached 600,000 across 42 countries, the company added.
An update from Axiom Capital Advisors, Inc. ( (TSE:WHIP) ) is now available.
Credissential Inc. announced a new Cryptocurrency Acquisition Policy aimed at enhancing shareholder value by purchasing digital assets like XRP and XLM. This move aligns with the company’s cryptocurrency initiatives and allows investors exposure to the growing digital asset market. The policy is also seen as a strategy to navigate inflationary pressures while diversifying the company’s treasury holdings, indicating a proactive approach to adapting to market trends and delivering long-term shareholder value.
More about Axiom Capital Advisors, Inc.
Credissential Inc. is a vertically integrated AI software development company focusing on advancing financial technology solutions. The company is committed to developing innovative products such as Antenna, a payment platform enhanced with AI and quantum encryption technologies, and DealerFlow, an AI-driven dealer management system designed to streamline operations and enhance efficiency.
YTD Price Performance: -6.45%
Average Trading Volume: 298,973
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.17M
Find detailed analytics on WHIP stock on TipRanks’ Stock Analysis page.
Bitcoin’s
price (BTC) is making significant gains on Tuesday, January 14, 2025, adding
over $2,000 to its value. However, Monday saw the market shaken, with the price
briefly dropping to a two-month low below the critical $90,000 psychological
level.
In this
article, I review what triggered the sudden drop, why the Bitcoin price is
going up today, and how to interpret the bullish pin bar above the 50-day
exponential moving average—a potentially strong buy signal.
On Tuesday,
Bitcoin is trading above $97,000 on Binance, marking its highest value in a
week. The cryptocurrency is currently up 2.7%, with altcoins following suit.
Ethereum (ETH) has gained 4.9% over the past 24 hours, reaching
$3,200, while XRP, the third-largest cryptocurrency by market cap, has
risen 7% to $2.56.
As shown in Bitcoin price is currently inside a consolidation. Source: Tradingview.com
the chart below, Bitcoin’s price remains in a consolidation phase that has been
in place since November, with the lower boundary near $92,000 and the upper
limit at its previous high of $98,000.
However,
Monday painted a less optimistic picture as
Bitcoin briefly dipped to just $89,398, causing significant panic and
confusion among retail investors.
The
temporary panic was also evident in the derivatives market: within four days,
investors pulled $1.6 billion from cryptocurrency exchange-traded funds (ETFs),
marking one of the longest selling streaks in recent times.
Over the Source: Coinglass.com
past 24 hours, both bulls and bears have incurred losses. Approximately $500
million in leveraged positions were liquidated across the market, with nearly
equal distribution between long and short positions. Bitcoin accounted for over
20% of this activity, with $44 million liquidated from long positions and $72
million from shorts.
Analysts
attribute the recent decline in Bitcoin and the broader cryptocurrency market
to two primary factors: so-called “Trump Trade” and monetary policy.
The
cryptocurrency market’s downturn is primarily driven by shifting expectations
about Federal Reserve (Fed) interest rate policies. Strong economic indicators
have led investors to anticipate a longer period of higher interest rates. The
robust U.S. job market, with 256,000 new nonfarm payrolls and a 4.1%
unemployment rate, has particularly influenced this outlook.
According The chances that the Fed will lower rates this month are almost zero. Source: CME
to the CME’s FedWatch tool, the probability of a rate cut at the next meeting,
scheduled for January 29, is just 2.7%. The market is currently pricing in a
stronger likelihood (around 40%) of a cut to the 4.00–4.25% range in the second
half of the year. Earlier expectations were for a more aggressive path of rate
cuts, which was expected to fuel risk assets such as cryptocurrencies and
stocks.
Moreover, the
initial euphoria surrounding Trump’s pro-crypto stance has given way to more
cautious market sentiment. While Trump’s upcoming presidency promised to make
the U.S. the “crypto capital of the world,” investors are now
focusing on immediate economic realities rather than future policy promises.
The
cryptocurrency decline isn’t occurring in isolation. The selloff in Treasury
markets has created a ripple effect across various asset classes, affecting
both crypto and traditional markets. This broader market reaction demonstrates
Bitcoin’s increasing correlation with conventional risk assets.
The
candlestick I want to highlight in the technical analysis of Bitcoin ‘s price
chart may seem modest and even barely noticeable. However, in my view, it
carries significant strength and buying potential. This is a bullish pin bar
(or doji candle) with an almost invisible body and a very long lower wick,
indicating that bears were in control but had to concede to bulls by the
session’s close.
What
does the chart show?
Bitcoin technical analysis: BTC price chart drew a bullish pin bar candle. Source: Tradingview.com
While
Bitcoin remains in consolidation, this reaction suggests, from a purely
technical standpoint, the potential for a move towards $103,000 (the 2025
highs) and ultimately $108,000, the all-time high (ATH) to date.
|
Support |
Resistance |
|
$90,000 – psychological round |
$100,000 – psychological round |
|
$92,000 – local lows tested in |
$103,000 – highs from 2025 |
|
50 EMA – currently at $94,482 |
$108,000 – current ATH |
Breaking
above the current all-time high is a necessary condition for considering
ambitious forecasts for 2025 and beyond. Some of these projections are
truly bold.
Late last
year, I explored the question, “Will
Bitcoin hit $1 million?” According to Jeff Park, Head of Alpha
Strategies at Bitwise Asset Management, this could be possible if the U.S.
government were to adopt a Bitcoin reserve strategy. However, he currently
assigns only a 10% probability to this scenario.
Arthur
Hayes, the Founder of the cryptocurrency exchange BitMEX, has frequently
mentioned such ambitious levels as $1 million. Last week, he appeared as a guest on
Tom Bilyeu’s show, where he discussed the current state of the
cryptocurrency market during a nearly two-hour interview. Hayes suggested that
Bitcoin is gradually heading toward seven-figure valuations and could
potentially reach them within the next five years.
“It’s the bull market. When the music is playing you gotta $DANCE.” ~ Arthur Hayes x Tom Bilyeu#crypto #dance #memecoin #solana #bullrun pic.twitter.com/g9MdkEtIZe
— DANCE MEMECOIN 🤩 (@dancememecoin) January 7, 2025
“Bitcoin
has already survived for 15 years. This makes investors start to believe that
it can last for decades to come.” – Hayes commented. “BTC will be here for
the next 15, 20, 100 years. I think it will be a store of value. I can use it
to pay for things I need, so I’m going to take 2%, 3%, 4%, 5%, 10% of my
retirement income or savings and start buying that asset now.”
Other
experts, including VanEck analysts, predict more down to earth numbers. Month
ago, they
forecasted that Bitcoin price could reach $180,000 in 2025.
JUST IN: $118 billion VanEck predicts $180,000 #Bitcoin and the U.S. will embrace a Strategic BTC Reserve in 2025 🇺🇸 pic.twitter.com/s7lnNgkyhn
— Bitcoin Magazine (@BitcoinMagazine) December 13, 2024
Bitcoin’s
price is rising due to a strong bullish pin bar forming above critical support
levels, signaling strong buying activity. Market sentiment improved as Bitcoin
rebounded from a two-month low of $89,398 to trade above $97,000. This movement
reflects consolidation within the $92,000–$98,000 range, supported by technical
indicators and broader market optimism.
Bitcoin’s
price is expected to rise further based on technical analysis. If it breaks
through key resistance at $103,000, it could test the all-time high of
$108,000. Long-term projections remain optimistic, with some experts predicting
significant gains by 2025, assuming market conditions remain favorable.
Bitcoin’s
value stems from its status as a decentralized digital asset with limited
supply, serving as a hedge against inflation and a potential store of value.
Its increasing adoption, network security, and potential as a global reserve
asset contribute to its high valuation.
Bitcoin’s
recent decline was driven by market reactions to expectations of prolonged
higher interest rates from the Federal Reserve. Strong U.S. economic data
reduced the likelihood of rate cuts, pressuring risk assets like
cryptocurrencies. Additionally, shifting sentiment around pro-crypto policies
under the upcoming U.S. administration added to market uncertainty.
Bitcoin’s
2025 price predictions vary widely. Analysts forecast potential highs ranging
from $180,000 (VanEck) to over $1 million (Arthur Hayes), depending on adoption
trends, macroeconomic conditions, and regulatory developments. A more
conservative estimate places Bitcoin at $180,000, reflecting steady growth
without speculative excess.
Bitcoin’s
price (BTC) is making significant gains on Tuesday, January 14, 2025, adding
over $2,000 to its value. However, Monday saw the market shaken, with the price
briefly dropping to a two-month low below the critical $90,000 psychological
level.
In this
article, I review what triggered the sudden drop, why the Bitcoin price is
going up today, and how to interpret the bullish pin bar above the 50-day
exponential moving average—a potentially strong buy signal.
On Tuesday,
Bitcoin is trading above $97,000 on Binance, marking its highest value in a
week. The cryptocurrency is currently up 2.7%, with altcoins following suit.
Ethereum (ETH) has gained 4.9% over the past 24 hours, reaching
$3,200, while XRP, the third-largest cryptocurrency by market cap, has
risen 7% to $2.56.
As shown in Bitcoin price is currently inside a consolidation. Source: Tradingview.com
the chart below, Bitcoin’s price remains in a consolidation phase that has been
in place since November, with the lower boundary near $92,000 and the upper
limit at its previous high of $98,000.
However,
Monday painted a less optimistic picture as
Bitcoin briefly dipped to just $89,398, causing significant panic and
confusion among retail investors.
The
temporary panic was also evident in the derivatives market: within four days,
investors pulled $1.6 billion from cryptocurrency exchange-traded funds (ETFs),
marking one of the longest selling streaks in recent times.
Over the Source: Coinglass.com
past 24 hours, both bulls and bears have incurred losses. Approximately $500
million in leveraged positions were liquidated across the market, with nearly
equal distribution between long and short positions. Bitcoin accounted for over
20% of this activity, with $44 million liquidated from long positions and $72
million from shorts.
Analysts
attribute the recent decline in Bitcoin and the broader cryptocurrency market
to two primary factors: so-called “Trump Trade” and monetary policy.
The
cryptocurrency market’s downturn is primarily driven by shifting expectations
about Federal Reserve (Fed) interest rate policies. Strong economic indicators
have led investors to anticipate a longer period of higher interest rates. The
robust U.S. job market, with 256,000 new nonfarm payrolls and a 4.1%
unemployment rate, has particularly influenced this outlook.
According
to the CME’s FedWatch tool, the probability of a rate cut at the next meeting,
scheduled for January 29, is just 2.7%. The market is currently pricing in a
stronger likelihood (around 40%) of a cut to the 4.00–4.25% range in the second
half of the year. Earlier expectations were for a more aggressive path of rate
cuts, which was expected to fuel risk assets such as cryptocurrencies and
stocks.
The chances that the Fed will lower rates this month are almost zero. Source: CME
Moreover, the
initial euphoria surrounding Trump’s pro-crypto stance has given way to more
cautious market sentiment. While Trump’s upcoming presidency promised to make
the U.S. the “crypto capital of the world,” investors are now
focusing on immediate economic realities rather than future policy promises.
The
cryptocurrency decline isn’t occurring in isolation. The selloff in Treasury
markets has created a ripple effect across various asset classes, affecting
both crypto and traditional markets. This broader market reaction demonstrates
Bitcoin’s increasing correlation with conventional risk assets.
The
candlestick I want to highlight in the technical analysis of Bitcoin ‘s price
chart may seem modest and even barely noticeable. However, in my view, it
carries significant strength and buying potential. This is a bullish pin bar
(or doji candle) with an almost invisible body and a very long lower wick,
indicating that bears were in control but had to concede to bulls by the
session’s close.
What
does the chart show?
Bitcoin technical analysis: BTC price chart drew a bullish pin bar candle. Source: Tradingview.com
While
Bitcoin remains in consolidation, this reaction suggests, from a purely
technical standpoint, the potential for a move towards $103,000 (the 2025
highs) and ultimately $108,000, the all-time high (ATH) to date.
|
Support |
Resistance |
|
$90,000 – psychological round |
$100,000 – psychological round |
|
$92,000 – local lows tested in |
$103,000 – highs from 2025 |
|
50 EMA – currently at $94,482 |
$108,000 – current ATH |
Breaking
above the current all-time high is a necessary condition for considering
ambitious forecasts for 2025 and beyond. Some of these projections are
truly bold.
Late last
year, I explored the question, “Will
Bitcoin hit $1 million?” According to Jeff Park, Head of Alpha
Strategies at Bitwise Asset Management, this could be possible if the U.S.
government were to adopt a Bitcoin reserve strategy. However, he currently
assigns only a 10% probability to this scenario.
Arthur
Hayes, the Founder of the cryptocurrency exchange BitMEX, has frequently
mentioned such ambitious levels as $1 million. Last week, he appeared as a guest on
Tom Bilyeu’s show, where he discussed the current state of the
cryptocurrency market during a nearly two-hour interview. Hayes suggested that
Bitcoin is gradually heading toward seven-figure valuations and could
potentially reach them within the next five years.
“It’s the bull market. When the music is playing you gotta $DANCE.” ~ Arthur Hayes x Tom Bilyeu#crypto #dance #memecoin #solana #bullrun pic.twitter.com/g9MdkEtIZe
— DANCE MEMECOIN 🤩 (@dancememecoin) January 7, 2025
“Bitcoin
has already survived for 15 years. This makes investors start to believe that
it can last for decades to come.” – Hayes commented. “BTC will be here for
the next 15, 20, 100 years. I think it will be a store of value. I can use it
to pay for things I need, so I’m going to take 2%, 3%, 4%, 5%, 10% of my
retirement income or savings and start buying that asset now.”
Other
experts, including VanEck analysts, predict more down to earth numbers. Month
ago, they
forecasted that Bitcoin price could reach $180,000 in 2025.
JUST IN: $118 billion VanEck predicts $180,000 #Bitcoin and the U.S. will embrace a Strategic BTC Reserve in 2025 🇺🇸 pic.twitter.com/s7lnNgkyhn
— Bitcoin Magazine (@BitcoinMagazine) December 13, 2024
Bitcoin’s
price is rising due to a strong bullish pin bar forming above critical support
levels, signaling strong buying activity. Market sentiment improved as Bitcoin
rebounded from a two-month low of $89,398 to trade above $97,000. This movement
reflects consolidation within the $92,000–$98,000 range, supported by technical
indicators and broader market optimism.
Bitcoin’s
price is expected to rise further based on technical analysis. If it breaks
through key resistance at $103,000, it could test the all-time high of
$108,000. Long-term projections remain optimistic, with some experts predicting
significant gains by 2025, assuming market conditions remain favorable.
Bitcoin’s
value stems from its status as a decentralized digital asset with limited
supply, serving as a hedge against inflation and a potential store of value.
Its increasing adoption, network security, and potential as a global reserve
asset contribute to its high valuation.
Bitcoin’s
recent decline was driven by market reactions to expectations of prolonged
higher interest rates from the Federal Reserve. Strong U.S. economic data
reduced the likelihood of rate cuts, pressuring risk assets like
cryptocurrencies. Additionally, shifting sentiment around pro-crypto policies
under the upcoming U.S. administration added to market uncertainty.
Bitcoin’s
2025 price predictions vary widely. Analysts forecast potential highs ranging
from $180,000 (VanEck) to over $1 million (Arthur Hayes), depending on adoption
trends, macroeconomic conditions, and regulatory developments. A more
conservative estimate places Bitcoin at $180,000, reflecting steady growth
without speculative excess.
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