Market sees $1B in liquidations as Bitcoin, Ethereum plunge

The cryptocurrency market is in turmoil today as both Bitcoin (BTC) and Ethereum (ETH) have experienced significant price drops, sending shockwaves across the financial community. As of this writing, ...

Bitcoin falls below $29k after a month-long struggle to stay afloat

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure of Bitcoin showed further do...

Grayscale Boosts Bitcoin ETF Team as Potential Ruling in SEC Lawsuit Nears

Grayscale Investments highlighted on Thursday that its ETF team is expanding as a widely anticipated decision in its lawsuit against the Securities and Exchange Commission (SEC) could soon be reached....

Bitcoin Crashes Below $25k As SpaceX Sells All BTC Holdings

Bitcoin took a deep dive below the $25,000 mark, rattling investors and traders, following a revelation that Elon Musk’s space exploration company, SpaceX, had sold its BTC holdings. The value of the ...

What it Means for Bitcoin (BTC) Price

According to recent SEC filings, a hedge fund led by Michael Burry, famous for correctly predicting the epic “Big Short” of the US housing market in 2008, has bet more than $1.6 billion on short posit...

SpaceX Unloads $373M Worth of Bitcoin Holdings; BTC Price Dumps

Bitcoin’s troubles continue as the popular cryptocurrency dipped below $27,000, raising concerns of a further decline. The latest hit comes in the wake of aerospace giant SpaceX reportedly offloading ...

Calm Before the Storm? Bitcoin and Ethereum Volatility Hits Historic Lows

The prices of the two largest cryptocurrencies, Bitcoin and Ethereum, have entered a remarkably stable period, with volatility figures dropping to multi-year lows in August 2022. Data from crypto anal...

Tether Discontinues Support for Kusama, Bitcoin Cash SLP, and Omni Layer

Tether, the renowned stablecoin issuer, has unveiled a pivotal change in its approach to blockchain support. In a bid to resonate with the evolving demands of the crypto community and uphold a fortifi...

Bitcoin Plummets To $25k Triggering $1 Billion In Liquidations

Bitcoin’s price plummeted on Thursday to $25,300, touching lows the asset has not seen in the past two months. The event triggered nearly $1 billion in liquidations across the entire crypto market. Bi...

Bitcoin Hits Two-Month Low; More Decline Likely?

Coinglass data from just the previous hour shows significant market liquidation of $31.33 million. Bitcoin’s price has dropped below $28,000 for the first time in over two months. Stocks in the United...

Bitcoin’s flat trend amid surging treasury yields signals potential price upheaval

Quick Take A striking parallel is observed in the price behavior of Bitcoin during the banking collapse in March 2023 and the current market conditions. Before the banking downfall, Bitcoin’s price re...

Bitcoin Scam Unraveled: Arrests Made in Solar Techno Alliance Ponzi Scheme

BHUBANESWAR: In a significant development, the Economic Offences Wing (EOW) of the Crime Branch has apprehended an additional suspect linked to the cryptocurrency-based ponzi scam operated by Solar Te...

Over $1 Billion Liquidated In The Last 24H Due To A Strong Sell-off In BTC And ETH

Key Points: Cryptocurrency traders are liquidated $1 billion in the past 24 hours following long swings in BTC and ETH prices. The ratio of liquidated longs accounts for more than 80%. The market has ...

Bitcoin Price Spikes in Argentina After Pro-BTC Presidential Candidate Wins Primaries

Following Milei’s win, Bitcoin in Argentina soared but has now corrected some of its profit, although it remains higher than previous levels. The price of Bitcoin has hit a new record in Argentina aft...

Bitcoin supply last active over 10 years ago hits all-time high

Glassnode reports a record 2.9 million BTC, valued at $82.5 billion, untouched for ten years. It underscores long-term holders’ faith amidst market fluctuations. Glassnode data shows that the amount o...

Bloomberg Analyst Says Bitcoin Era of Huge Swings Over, As Volatility Declines

Bloomberg analyst predicts end of massive price swings for Bitcoin (BTC), highlighting possible global economic reset. After multiple weeks of passive performance, Bitcoin (BTC) has dropped by over 3%...

Bitcoin and Ether now less volatile than oil: Report

The Bitcoin (BTC) and Ether (ETH) 90-day price volatility hit a new multi-year low in August as the top two cryptocurrencies continue to trade under their key resistance of $30,000 and $2,000, respect...

Grayscale gets ready for BTC ETF approval with a new team

Grayscale Investments announced on Thursday that it is expanding its ETF team in anticipation of a decision in its litigation against the Securities and Exchange Commission (SEC). As a result of Black...

Bitcoin Plunges Below $28,000 for First Time in Two Months

The price of leading cryptocurrency Bitcoin today sank below $28,000 per coin for the first time in nearly two months. The largest cryptocurrency by market cap is trading for $27,765 as of this writin...

CME Group and CF Benchmarks to Introduce APAC Reference Rates for Bitcoin and Ether

CME Group, a leading global derivatives marketplace, in collaboration with CF Benchmarks, a prominent provider of cryptocurrency benchmark indices, has announced the launch of two new APAC-specific re...

Bitcoin Drops, Is It A Pullback For A Sling To $45,000?

Tony “The Bull,” a crypto analyst and the Editorial Director at Bitcoinist, remains bullish despite the sell-off in Bitcoin. He suggests that the ongoing decline could be a dip that sets the stage for...

Cryptocurrency Market Faces Turmoil as Bitcoin and Ether Dive, Altcoins Follow Suit

The cryptocurrency market is currently undergoing a tumultuous period as both Bitcoin and Ether experience significant drops in value, leading to a broader market sell-off that has impacted smaller cr...

Bitcoin Cash Analysis: Nosedives, Bears Aim $150

Bitcoin cash price started a fresh decline below the $220 zone against the US Dollar. The price is now trading below the $200 zone and the 55 simple moving average (4 hours). There is a key bearish tr...

Bitcoin Drops Below $28,000, Over $220 Million Liquidated In The Last 24 Hours

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 ...

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...