The crypto prices today have raised bearish investor concerns globally, reversing recent gains. Bitcoin (BTC) price pulled back to the $59K level in the past 24 hours, whereas the global crypto market cap plunged over 5% to $2.09 trillion. Further, altcoins Ethereum (ETH), Solana (SOL), and XRP prices cracked 4%-8% over the past day.
Celsius Creditors Explore Liquidation of New Bitcoin Mining Firm
Some former Celsius Network customers are exploring whether they can liquidate Ionic Digital Inc., a Bitcoin mining firm they own with other Celsius creditors that’s struggled to complete plans to go public. Joseph Sarachek, a lawyer representing some …
Analyst Willy Woo Claims Bitcoin Needs Just 1% of Global Wealth to Hit $1 Million
Bitcoin could reach $1 million with just 1% of global wealth, according to analyst Willy Woo. Discover how Woo calculates the $5 trillion needed for Bitcoin’s price surge.
Bitcoin Plummets Below $59K: What Are the Reasons for the Latest Price Drop?
Bitcoins value has dropped below $59,000, causing alarm among investors. Several factors, including significant whale activity and macroeconomic concerns, appear to be driving the decline. Bitcoin …
Will Bitcoin reach $200K in 2025? What THIS BTC prediction says
In 2021, Bitcoin rose by 636% before topping out 546 days after the halving. According to crypto trader Mags, this cycle may follow a similar trajectory, with the next peak expected between June and October 2025. The projection is based on historical data, indicating that Bitcoin could reach a top between 400 and 550 days from now.
Bitcoin plunges to $59,000 as global crypto market cap drops 6%
The crypto market has once again erased all the gains from the past few days as Bitcoin has plunged to the $59,000 level amidst the drop in overall crypto market cap. Bitcoin, which was showing positive momentum as it regained the $63,
Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
Bitcoin had topped $62,700 earlier in the day, but recently was down 6.5% from 24 hours earlier. Amid the rout, it got as low as $58,240, the lowest price since Aug. 19. Ether tra
Bitcoin dives below $60K as crypto market liquidations charge above $300 million
The crypto market experienced over $313 million in liquidations on Tuesday after Bitcoin plunged below $60K, per Coinglass data. Long traders have sustained 90% of the total liquidations worth $282 …
From $49K to $60K: The institutional confidence driving Bitcoin’s next big move
Despite trading sideways to wrap up August, Bitcoin investors are optimistic for a solid back half of 2024. Scott Melker, host of The Wolf of All Streets podcast, discussed Bitcoin’s recent price …
Bitcoin Drops Below $59K; Reasons Why BTC Price Is Falling Today
The recent dip in Bitcoin has fueled concerns, with BTC price falling below the $59K level. Here are the potential reasons behind the recent drop.
Flare price outlook amid Bitcoin’s negative exchange netflows: Here’s what you need to know
According to CryptoQuant analyst Heisenberg, the Bitcoin network has seen massive negative exchange netflows amid the latest price decline. Per the analyst, such large negative net flows have often …
Crypto Whale Trader Is ‘All-In’ On Altcoins, Predicts Bullish Market Turn
Nachi’s portfolio includes Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), Dogwifhat (CRYPTO: WIF), and others. Also Read: Veteran Bitcoin Investor Predicts Biggest Bull Run To …
Bitcoin and crypto market survives supply overhang as Celsius repayment distribution cools
Bitcoin and the crypto market has managed to survive various supply overhangs, including Mt Gox, the German Government and Celsius. Celsius, a defunct crypto lending company, has repaid more than half …
Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’
Bitcoin (BTC) rallied to $65,000 over the weekend (Aug. 24 to Aug. 25), extending the three-week recovery from the Aug. 5 crash to $49,500. With prices returning to many investors’ comfort zones, traders are probably wondering whether to expect more of the …
BTC Closing In On $64,000 After Bitcoin ETFs Gobbled Up Over $500M In Net Inflows Last Week
In a week that saw renewed investor enthusiasm for digital assets, cryptocurrency exchange-traded funds (ETFs) experienced substantial inflows, with Bitcoin (CRYPTO: BTC)-focused products leading the charge. What Happened: This surge in investment activity …
Ripple whales buy 50 million XRP in 24 hours, likely to boost the asset’s price
On-chain data shows contradicting signs, with institutions accumulating Bitcoin while some whales are selling. VERIFIED In this review, the FXStreet team provides an independent and thorough analysis …
Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
BTC is down 3% in the past 24 hours, with ETH, AVAX, LINK and UNI leading altcoin losses. Bitcoin’s weekly Bollinger Bands compressed to similar levels seen not just last October, but in other episodes prior to big rallies, crypto trader CryptoCon noted.
Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor’s Successful BTC Strategy
Marathon has plummeted about 40% as the mining business got much harder. The Bitcoin halving in April slashed the reward for mining bitcoin in half, substantially reducing miners’ primary source of …
Bitcoin exchanges are witnessing the third-biggest net daily outflow of 2024
Bitcoin (BTC) is seeing a fresh round of exchange withdrawals as BTC price action shifts toward $60,000. Data from onchain analytics platform CryptoQuant shows preliminary net outflows of 45,000 BTC from exchanges on Aug. 27. Bitcoin bulls may have …
CME Group to launch Bitcoin Friday Futures next month
Back then, CME pegged its Bitcoin futures to the CME CF Bitcoin Reference Rate (BRR), which pulls in prices from multiple major exchanges. The idea was to create a reliable benchmark for pricing, something that was sorely needed in the early days of crypto …
Bet more on the Bitcoin miners cashing in on AI
The Bitcoin network’s halving is largely to blame. Every four years, the number of BTC mined per “block” — a bundle of transaction data stored on the blockchain — is reduced by half. The April event …