The world’s largest crypto Bitcoin (BTC) took a dip under $26,000 levels in a sharp 9% fall as SpaceX dumps its $373 million worth of Bitcoin holdings. Bitcoin’s fall has also dragged the broader cryp...
Category: Bitcoin
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Mining Stocks Plummet as Bitcoin Falls
RIOT and MARA stock prices might rebound with sufficient support, but if BTC’s decline persists, significant consequences could be on the horizon. Experts predict that Bitcoin could experience a furt...
CME to launch BTC and ETH reference rates in APAC region
CME Group will launch Bitcoin (BTC) and Ether (ETH) reference rates for the Asia Pacific region. On Aug. 16, CME Group announced it would launch the new reference rates on Sept. 11. The senior directo...
Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools
Stablecoin issuer Tether (USDT) is building specialized software to optimize Bitcoin mining and renewable energy operations using data analyticsfollowing recent investment endeavors into both categori...
Bitcoin or Ethereum? DeFi Dev Explains Which Is Better For Building
Is Bitcoin or Ethereum a better protocol for developers? A closer look reveals the answer may not be so obvious. Tony Cai – CEO of Bitcoin-based DeFi platform Atomic Finance and former Ethereum builde...
US Bitcoin Corp Announces July 2023 Production and Operations Updates
MIAMI–(BUSINESS WIRE)–U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC” or “the Company”), a leading operator of large-scale data centers for new-age workloads such as digital asset mining, to...
TOMI up +14.98%, BTC -7.78%, Rollbit Coin is The Coin of The Day – Daily Market Update for Aug 18, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.15T to $ 1.07T in the past 24 hours, representing a -6.96% change The Bitcoin price at press time is $ 26,450 after falling by -7...
Bitcoin Vs Ethereum: Is ETH Ever Going to Flip BTC in Market Cap?
The crypto world has been buzzing with the notion of “flipping,” referring to the hypothetical event in which Ethereum (ETH) overtakes Bitcoin (BTC) in terms of market capitalization. Such a scenario ...
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 ...