Bitcoin Holds $61K After a Brief Nosedive
Bitcoin has seen significant selling pressure from continued ETF outflow, Mt. Gox's upcoming bankruptcy redemptions, and miner sales.
Posts published on June 24, 2024 go to media archive 1/4
Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
An increasing number of traders entering new long positions was the ‘fuel’ behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo.
Jason Derulo sold his JASON tokens despite saying he wouldn’t, says Bubblemaps
The analytics firm claims the singer sold tokens despite promises that he wouldn’t, while the controversial figure who apparently helped create the token claims “it’s all orchestrated.”
Bitcoin Takes A Beating: Another $630 Million Exits, Price Drops Lower
The once-sizzling crypto market continues to sputter, with Bitcoin, the undisputed king of the digital realm, leading the retreat. After a euphoric climb that saw it breach the $73,000 level earlier this year, Bitcoin has shed its royal cloak…
Chainlink Signals Upside Break: Analyzing LINK’s Bullish Indicators
Chainlink’s LINK price is recovering from the $12.65 support. The price is gaining bullish momentum and might aim for a move above the $14.20 resistance. Chainlink price is showing bullish signs and eyeing more gains above $14.00 against the US…
Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements…
‘Survival games’ as Bitcoin hash price skirts near all-time low
Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being.
Alex Lab points to Lazarus Group after last month's $4M exploit
After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group.
Julian Assange Reaches Plea Deal With U.S. DoJ
Wikileaks co-founder pleads guilty to single espionage charge in exchange to a sentence for time served.
‘Crypto Winter’ Arrives Early For The Altcoin Market As Venture Capital, Founder Selloffs Mount
XRP Price Targets Strong Recovery: Key Indicators and Predictions
XRP price extended losses and tested the $0.4620 support. The price is now recovering and might gain bullish momentum if it clears the $0.4825 resistance. XRP price remained in a bearish zone and tested the $0.4620 support zone. The price is now…
The Two-Class System of Regulation Plaguing Europe
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges as well as opportunities for regulators who provide proactive frameworks across the globe. The European Union is the…
Ethereum Price Bottom Signal: Is a Recovery on the Horizon?
Ethereum price extended losses below the $3,320 support. ETH tested the $3,240 support and is now eyeing a decent increase above the $3,380 resistance. Ethereum extended losses and tested the $3,240 support zone. The price is trading below $3,400…
Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm
A researcher with the Korean Institute of Finance has warned South Korea against introducing spot cryptocurrency exchange-traded funds (ETFs) because these may pose risks to financial stability. The introduction of spot crypto ETFs could exacerbate…
Bitcoin Dives, Breaks $60K: Market Reels From Sharp Decline
Bitcoin price gained bearish momentum and traded below $60,000. BTC is signaling a short-term downtrend and might face hurdles near $62,000. Bitcoin started a fresh decline from the $62,550 resistance level. The price is trading below $61,500 and…
Bitcoin Forms Bullish Signal That Led To At Least 60% Jump Last 3 Times
An analyst has pointed out how an indicator is forming a signal for Bitcoin that has proven to be quite bullish for the asset during the past two years. Bitcoin Daily RSI Has Dipped Into The Oversold Territory In a new post on X, analyst Ali…
Iran Officially Unveils Central Bank Digital Currency Project
Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran (CBI) Governor Mohammad Reza Farzin and chief executives of several major banks. This digital currency, issued…
AI tokens rally as NVIDIA slumps 13% from market cap peak
Despite Nvidia, one of the most talked-about stocks of the year, sharply falling in price, artificial intelligence crypto tokens are spiking.
Mt. Gox repayments won’t be as bad for Bitcoin as you think
The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash, say analysts.
SkyBridge Capital’s Scaramucci Says Bitcoin Will Reach $250,000 Is This US Presidential Candidate Wins
Anthony Scaramucci, the founder of SkyBridge Capital, has predicted that Bitcoin could reach new all-time highs (ATH) when his preferred presidential candidate wins. He also claimed that crypto “has already won” following recent developments in the…
Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs.
Wikileaks Founder Julian Assange Freed From Prison — Set to Plead Guilty in US Deal
Wikileaks founder Julian Assange has been released from prison after serving five years, following a plea agreement with the U.S. Department of Justice (DOJ). “This is the result of a global campaign that spanned grass-roots organizers, press…
Bitcoin Price Forecast: Three Strong Indicators Urge Buying As Experts Predict A 100% Rally Ahead
The Bitcoin price has experienced a significant correction after failing to consolidate above the $70,000 level and retesting its all-time high of $73,700, which it reached in March. With a retracement of nearly 10% over the past week, BTC is now…
Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden
Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin…
Bitcoin will protect the wealth that AI creates: Pompliano
AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says.
Is Avalanche (AVAX) Nearing Collapse? Analyst Predict Further 60% Correction — Here’s Why
In recent trading sessions, Avalanche (AVAX) has seen a significant drop in its market value, with its price tumbling to a six-month low. Over the past month, AVAX has plummeted by 25%, with a 14.7% drop in just the past week and a further 0.3%…
Julian Assange freed from jail after plea deal with US
The Wikileaks founder is expected to plead guilty to one U.S. charge and be sentenced for time served in a U.K. prison.
Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy
Solana Price Braces For Potential Crash Below $100 Amid Investigation Rumors
The Solana price has experienced a sharp decline over the past month in line with the broader market correction, intensifying concerns as rumors of a potential investigation into the popular blockchain platform have recently surfaced. Regulatory…
Iranian officials decry blockchain game 'Hamster Kombat' as soft power tool
The deputy chief of the Iranian military claimed the game was a way of distracting Iranians from the country's upcoming presidential elections.