Key Points: Bitcoin’s value falls below $28,000, with a 4% drop in 24 hours. $31.33 million in liquidation was reported, with BTC leading at $21.08 million. Market uncertainty grows as the SEC delays ...
Category: Bitcoin
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Bitcoin Falls Below $28K; More Correction Ahead for BTC Price?
Bitcoin’s recent dip below $28,000 has caught the attention of investors and market analysts. Currently, Bitcoin price is trading at $27,966 according to Coingape, the cryptocurrency is facing a chall...
Bitcoin Price Nosedives and Turns Attractive To Sellers On Recovery
Bitcoin price tumbled below the $28,400 support. BTC tested $24,800 and is currently attempting a recovery wave toward $27,000. Bitcoin is down over 6% and trading below the $27,000 support zone. The ...
Tom Lee expects Bitcoin at $150k with spot ETF approvals
Tom Lee of Fundstrat foresees a potential surge in Bitcoin’s value, particularly if the US approves spot Bitcoin ETFs, hinting at prices exceeding $150,000. In a recent CNBC interview, Tom Lee, co-fou...
Hello, bear market – Bitcoin price falls below $26K for the first time in 2 months
After several days of declining prices, Bitcoin (BTC) fell 9% in less than 10 minutes to temporarily dip below $26,000. According to CoinGecko, the BTC price was hovering around $27,600 at 9:30 p.m. U...
Tether stops minting USDT on three blockchains, including Bitcoin’s Omni Layer
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Bitcoin ETF approval could take BTC ‘as high as $180k’: Analyst
Hedge fund founder Tom Lee opined that BTC would cross its ATH shortly after the ETF approval. Another big player in the market predicted a surge in liquidity. The anticipation surrounding a potential...
Bitcoin reaches ATH in Argentina as pro-crypto candidate wins primaries
Bitcoin (BTC) has reached its peak in Argentina after a pro-Bitcoin candidate won the primary election in the country. On Aug. 13, Javier Millei, a libertarian candidate representing the political par...
Unpacking SpaceX Bitcoin 2021-2022 sales worth $373M
SpaceX reportedly sold Bitcoin worth approximately $373 million that it acquired beginning in 2021. According to a Wall Street Journal report published on August 17, SpaceX recorded Bitcoin holdings w...
Wall Street Faces Downturn Amidst Inflation and Fed Divisions: Bitcoin World Report
In a sharp turn of events, Wall Street experienced a downturn as US stocks closed in the red, driven by a significant drop in the technology-heavy Nasdaq Composite. The market sentiment was influenced...
Bitcoin retests STH realized price amid break below $29k
Bitcoin (BTC) has retested the short-term holders’ realized price (STHRP) following the break below the $29,000 psychological support. Prominent on-chain analytical resource CryptoQuant recently calle...
PEPE, Bitcoin, and the common thread between them
Short-term investors and BTC whales have gotten increasingly involved in PEPE. A look at PEPE and Bitcoin revealed an interesting relationship between these cryptocurrencies. Pepe [PEPE] was one of th...
The Great Bitcoin Reversal? Prominent Bull Throws In The Towel As $28,000 Barrier Falls
Since mid-July, Bitcoin (BTC), the flagship cryptocurrency, has encountered significant challenges in its price action following a remarkable climb to a new yearly high. However, in a matter of days, ...
Bitcoin at $28.5K: Unpacking the significance of tight Bollinger Bands
On Aug. 17, Bitcoin’s price dropped below the $29,000 mark, settling around $28,500. While this decline might seem insignificant given Bitcoin’s historically volatile nature, the context of its recent...
Bitcoin could go higher but ‘not before it goes lower’
Rob Ginsberg says Bitcoin could go further down in the near-term. The Wolfe Research analyst explained why in a research note today. Bitcoin (BTC) has already lost more than 11% in about a month. Bitc...
Why Polygon Users are Switching to Bitcoin Spark: An Analysis
As innovations enter the fast-paced crypto arena, preferences and choices quickly shift as users explore new features. Polygon users are trooping into Bitcoin Spark, raising curiosity and questions ab...
Grayscale wants to hire a senior Bitcoin ETF expert
Grayscale Investments, the top asset management subsidiary of the Digital Currency Group (DCG) has put out a job advert as it seeks to onboard a Senior ETF Associate. Intrigues Behind the Grayscale ET...
CME Group Floats BTC and ETH Reference Rates in APAC
This strategic collaboration aims to provide market participants with accurate and timely pricing information, fostering greater transparency and confidence in the evolving digital asset space. The wo...
Bitcoin’s Tipping Point? Prominent Trader Peter Brandt Highlights Key Level
Alex Dovbnya With the cryptocurrency teetering just above a crucial August low of $28,574, top traders are rife with speculation In a recent tweet, renowned trader Peter Brandt has drawn attention to ...
Bitcoin Price Analysis: Bears Targeting 27466
BTC/USD Bears Target 27466 on Downside: Sally Ho’s Technical Analysis – 18 August 2023 Bitcoin (BTC/USD) extended its recent weak performance early in the Asian session as the pair remained on the de...
Imminent Approval Of First U.S. Spot Bitcoin ETF? Grayscale Beefs Up Team As SEC Lawsuit Ruling Looms ⋆ ZyCrypto
Advertisement     Grayscale Investments revealed on Thursday that its ETF team is expanding as it nears the tail end of its lawsuit with the U.S. Securities and Exchange Commission (SE...
Will Bitcoin Volatility Continue? These Metrics Say Yes
Bitcoin has observed some sharp price action today, and if data of these metrics is to go by, the asset may not be done being volatile just yet. Bitcoin’s Open Interest And Leverage Ratio Have Remaine...
Fundstrat’s Tom Lee Predicts Bitcoin Price Will Surge to $150,000 if This Happens
Alex Dovbnya Permabull Tom Lee has shared yet another uber-bullish Bitcoin price prediction On CNBC’s “Squawk Box,” Tom Lee, co-founder of Fundstrat, charted the potential path ahead...
Are Bitcoin ETFs Sell-The-News Events? BTC Down $1.5K Since Europe’s First Spot One
Europe saw the launch of the first spot Bitcoin ETF on Tuesday, but it turned out to be a sell-the-news moment since the cryptocurrency’s price plummeted in the following days to multi-month lows. Int...
BTC, ETH pave the way as short positions surge
Long positions have seen over $36 million in liquidations compared to around $6 million for short positions. The crypto market has maintained its $1 trillion market cap despite the decline in crypto m...
Stablecoin issuer Tether no longer supports Bitcoin, other chains
Tether, one of the most renowned stablecoin providers, has announced the discontinuation of support for its flagship stablecoin, USDT, on the Bitcoin (BTC) blockchain, in an unexpected turn of events....
CNBC Contributor Says Bitcoin Could Spike More Than $150K If SEC Approves Spot Bitcoin ETF
Tom Lee hints at the possible outcome of a spot Bitcoin ETF approval in the United States, suggesting an increase above the $150 price level for Bitcoin. Tom Lee, Head of Research and contributor at C...
Bitcoin Faces A Weekly Double Top; This Needs To Happen
In a recent analysis of the Bitcoin price, seasoned crypto analyst Rekt Capital discussed the looming presence of a potential double top formation on the weekly chart. The scenario paints a picture of...
Bitcoin Uptrend Signals Positive Tidings for DigiToads Holders
As the trajectory of Bitcoin (BTC) takes a positive turn, it sets the stage for promising prospects for holders of DigiToads (TOADS). Bitcoin’s recent uptrend is often considered a barometer for the b...
Why Bitcoin hash rate just hit an all-time high
Quick Take Bitcoin’s hash rate, a vital determinant of the network’s security and processing capability, has reached a milestone, surpassing 400 trillion hashes per second (Th/s) for the first time. T...
Bitcoin and Ethereum Are Now Less Volatile Than Oil: Kaiko Research
Notorious for their steep ups and downs, leading cryptocurrencies Bitcoin and Ethereum appear to be taking a summer pause. Now, even oil has overtaken these digital assets, overtaking the two in volat...
Bitcoin price below $28k- analyst says BTC on “knife’s edge”
Bitcoin price fell to lows of $27,740 across major exchanges on Thursday, the lowest since June. Stocks have also slipped after the latest Fed meeting. Meanwhile, real yields have jumped to recent hig...