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SEC Shake-Up: Pressure Builds for Gensler’s Immediate Resignation
10.11.2024
The American Securities Association is urging SEC Chair Gary Gensler to resign immediately, citing Trump’s election win as a mandate for a new direction focused on investor trust and economic growth. Pressure Mounts on SEC: ASA Calls for Gensler to Resign Immediately Following the results of...
Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure
5.11.2024
Over $9.4 billion worth of Bitcoin was owed to approximately 127,000 Mt. Gox creditors for over 10 years
Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners
5.11.2024
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week
Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week
14.10.2024
Unlocks increase the total available supply of a certain token but don’t necessarily hit the open market immediately
Mt. Gox Postpones Repayment Deadline to 2025, Allaying Concerns of Bitcoin Sell Pressure
11.10.2024
Mt. Gox-linked crypto wallets still hold $2.7 billion of bitcoin after having distributed nearly $6 billion worth of assets to creditors earlier this year, Arkham data shows
Heavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery
11.10.2024
The price of bitcoin dipped to $58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a potential recovery might be on the horizon. Bitcoin...
USDT Faces Downward Pressure as Investors Pivot to Stocks in China
10.10.2024
USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull...
Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
10.10.2024
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations...
Bitcoin Stumbles as ‘Uptober’ Kicks Off With a Slump
1.10.2024
Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets Over the past 24 hours, bitcoin (BTC) slid 1.8%, and...
XRP Under Pressure: Will the $0.5989 Barrier Break or Hold?
27.9.2024
The price of XRP is under pressure as it hovers near the critical $0.5989 barrier. This barrier has…
US diplomats pressure Nigeria to release detained Binance exec
12.9.2024
Tigran Gambaryan, a United States citizen and former Internal Revenue Service agent, has been detained in Nigeria since February 2024
Ethereum's Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further
12.9.2024
In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it's ready to fully decentralize
Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
7.9.2024
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode:...
Mt. Gox and US gov’t could introduce $14b Bitcoin selling pressure
30.8.2024
Bitcoin’s crabwalk could extend into September, as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure
Mark Zuckerberg says he ‘regrets’ bowing to COVID-19 censorship pressure
27.8.2024
“I believe the government pressure was wrong, and I regret that we were not more outspoken about it,” said the Meta CEO in a letter.
Mark Zuckerberg says he ‘regrets’ bowing to COVID-19 censorship pressure
27.8.2024
“I believe the government pressure was wrong, and I regret that we were not more outspoken about it,” said the Meta CEO in a letter.
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
24.8.2024
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal...
Bitcoin 'ripe for short squeeze' as bulls pressure $62K BTC price wall
22.8.2024
Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range
Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure
19.8.2024
As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance...
Ether price drops 26% since ETF launch as supply increases by 60,500 ETH
19.8.2024
The US Ether ETFs generated over $420 million worth of selling pressure for the world's second-largest cryptocurrency