107 / 391 Relevant items tagged with #Bitcoin

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Ethereum traders turn bearish as ETH price dips under $3K

[Jul 5 1:08 PM] ETH price dropped to a multi-month low but ETH derivatives data suggests that traders believe the correction is over.

Price analysis 7/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

[Jul 5 12:00 PM] The strong bounce in Bitcoin and select altcoins shows solid demand at lower levels, suggesting traders are buying the current dip.

German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset

[Jul 5 10:11 AM] A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including…

Protocol Village: Valora Introduces 'Mobile Stack' to Simplify Web3 Apps on iOS, Android

[Jul 5 9:57 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 5-10.

Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023

[Jul 5 9:35 AM] The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction.

Bitcoin Ichimoku cloud reassures as BTC price bounces from 4-month low

[Jul 5 8:25 AM] BTC price action attempts to recover from the start of Mt. Gox transfers, but analysis argues the need to wait for longer-term confirmation of trend change.

Mt Gox Initiates Bitcoin Repayments to Creditors

[Jul 5 8:16 AM] The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its…

This Dormant Bitcoin Wallet Holding $6.8 Million BTC Just Reactivated, Are They Selling?

[Jul 5 8:00 AM] Bitcoin has recently been plagued with massive selling pressure, with different entities looking to offload their holdings. This time, on-chain data shows a dormant Bitcoin wallet that transferred over $6.8 million in Bitcoin, suggesting that this…

How US job market slump could boost Bitcoin prices

[Jul 5 7:40 AM] Bitcoin could rise due to a weaker job market, but Bitcoin ETFs are on track to their third consecutive week of net negative outflows.

U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021

[Jul 5 6:37 AM] Before this morning's jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.

First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments

[Jul 5 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months

[Jul 5 5:42 AM] Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a…

Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms

[Jul 5 5:21 AM] “The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out.

Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold — Analyst

[Jul 5 4:42 AM] Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse.

U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps

[Jul 5 4:19 AM] Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as bitcoin dropped to the lowest level since late February.

Watch these Bitcoin price levels next as $52K supertrend risks failure

[Jul 5 2:16 AM] Bitcoin is challenging multimonth lows and now risks violating support, which has sustained the entire BTC price bull run.

Bitcoin Price Crashes Below $54,000: Top-5 Reasons

[Jul 5 2:00 AM] In the last four days, the Bitcoin price has plummeted over 15%, with a significant 7.8% drop occurring in just the past 24 hours. From a high of nearly $72,000 in early June, the price of BTC has now declined by almost 25%. Here are the key…

German Parliament Member Urges Government To Cease Selling Bitcoin

[Jul 5 1:00 AM] Joana Cotar, an independent member of the Bundestag, one of Germany’s legislative chambers, has called on the government to stop the ongoing Bitcoin (BTC) sell-off, which has had a notable impact on the BTC market, resulting in a 10% drop in…

Mt. Gox begins repayments in Bitcoin and Bitcoin Cash

[Jul 5 12:45 AM] The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the rehabilitation plan.

Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

[Jul 5 12:33 AM] The news of the repayments added selling pressure on bitcoin and the larger crypto market after Mt. Gox announced last month its intention to start repayments in July.

As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool

[Jul 5 12:22 AM] Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.

Bitcoin Nears Bottom? QCP Analysts Spot Signs of Capitulation as Prices Tumble Below $59K

[Jul 5 12:00 AM] Recent trading patterns have led QCP Capital, a prominent trading firm, to highlight potential signs of a market bottom in the crypto market. Bitcoin, the leading digital currency, recently dipped below $58,000, causing analysts to focus on the…

Crypto Bulls Rack up $580M Liquidations as Bitcoin Drops 8%, Ether, Solana, Dogecoin Plunge

[Jul 4 10:55 PM] Traders previously warned of the bearish market reaction to Mt. Gox’s bitcoin repayments.

Bitcoin Dips Below $54K as Mt. Gox Moves $2.6B in BTC

[Jul 4 10:32 PM] BTC slides to lowest since late February, breaching key price support.

Bitcoin Plunging: Is This The Best Time To Buy BTC?

[Jul 4 10:00 PM] Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for…

Bitcoin drops below $54K as crypto liquidations near $665M

[Jul 4 9:55 PM] Around $222 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February.

Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000

[Jul 4 9:00 PM] Data shows that Bitcoin traders’ sentiment has declined into ‘fear’ after the price crash the cryptocurrency has seen during the past 24 hours. Bitcoin Fear & Greed Index Is Now Suggesting A Fearful Market The “Fear…

Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms

[Jul 4 8:47 PM] Bitcoin price failed to start a recovery wave above the $61,500 resistance zone. BTC started another decline and might dive toward $55,000. Bitcoin started a fresh decline and traded below the $58,500 zone. The price is trading below $60,000 and…

Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

[Jul 4 7:58 PM] On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This…

Mt. Gox moves $2.7B in Bitcoin to new wallet address

[Jul 4 7:17 PM] One of Mt. Gox’s cold wallets just transferred more than 47,000 BTC to an unknown wallet address amid a plan to begin repaying its creditors.