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Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations
12.8.2024
On Sunday, bitcoin slipped below the $60,000 mark and dipped even further beneath the $59,000 range. The leading cryptocurrency touched an intraday low of $58,315, after previously hitting a high of $61,868 earlier in the day. Crypto Crash Course: Long Positions Take a Tumble in Sunday’s...
Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price
11.8.2024
BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over
Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network
11.8.2024
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled...
Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering
11.8.2024
Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was taken by 20-year-old Aaron Peterson Jr. in November...
QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles
10.8.2024
QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising concerns about its current market standing....
Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin
10.8.2024
A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly...
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
10.8.2024
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored...
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
9.8.2024
The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure...
Bitcoin whale games get traders nervous as 12K BTC appears for sale
9.8.2024
Bitcoin order book action is currently marked by significant sell-side liquidity, but this could just disappear at any time, analysis says
Bitcoin price must flip $62K to avoid worst 'death cross' consequences
9.8.2024
Bitcoin is still due to close a daily chart "death cross," but $62,000 resistance could be key to mitigating the BTC price downside which has followed in the past
Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days
9.8.2024
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many...
Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss
8.8.2024
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs
Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss
8.8.2024
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs
Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss
8.8.2024
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs
Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'
8.8.2024
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown
Bitcoin speculators sit on 93% unrealized losses after $365M ‘wipeout’
8.8.2024
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown
El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms
8.8.2024
The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public finances, boost bank reserves, improve governance, and address bitcoin risks. Although many BTC risks haven’t materialized for El Salvador, the IMF stated that both...
Bitcoin whale txs hit highest levels in 4 months amid crypto dip
8.8.2024
Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.”
Michael Saylor Continues to Expand His $1 Billion Personal Bitcoin Holdings
8.8.2024
Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings, which total at least 17,732 BTC. He disclosed this amount four years ago and has not sold any since, continuing to buy more. Saylor views bitcoin as an ideal investment...
Bitcoin’s impending ‘death cross’ might not be ‘so deadly’ for BTC bulls — Analyst
8.8.2024
Bitcoin appears on the verge of confirming a death cross, but one analyst says historical data suggests it's nothing to worry about