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VOW token experienced a dramatic 80% drop following a technical mishap involving the USD rate setter function of the V$ contract. The incident occurred as the development team was testing this function, which is critical for minting V$ for new lending pools and oracle functions. During testing, the team adjusted […]
A look at Bitcoin's potential role in geopolitics and international diplomacy in a hyperbitcoinized world.
Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings.
The Bitcoin price correction provided a strong opportunity for ETF investors to buy the dip.
Bitcoin has dropped to a two-month low, with most altcoins experiencing even more significant declines. BREAKING: #Bitcoin Drops Below $53K, Levels Last Seen Since February 2024. In the past 24 hours, 231,775 traders were liquidated, the total liquidations comes in at $669.48 million! #cryptomarket #cryptocrash #bitcoincrash pic.twitter.com/xezI6yjEvX — CoinEcho […]
Bitcoin (BTC) has experienced a sharp decline, dropping over 16% since reaching its all-time high of more than $73,000 in March 2024. Currently trading below $62,000, Bitcoin’s daily Relative Strength Index (RSI) has hit oversold territory, a condition that has previously led to significant price surges of 60%, 63%, and […]
According to CoinShares, digital asset investment products experienced significant outflows totaling $584 million last week, shaving off US$1.2bn in total. Bitcoin led the pack with outflows of $630 million, while Ethereum saw $58 million in outflows. In contrast, multi-asset products attracted inflows of $98 million, suggesting that investors view weakness […]
The last week of June began on a somber note with Bitcoin falling 5%, dropping its value below $62,000. This decline triggered a ripple effect across the altcoin market, particularly affecting the highly volatile meme cryptocurrency sector. Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, experienced a 5.5% […]
Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support.
Whale activity from wallet 0x099, suspected to be linked to a Starknet developer, has raised concerns as 2.6 million STRK tokens, valued at $2.42 million, were deposited to Wintermute Trading OTC. This wallet, believed to be associated with the Starknet team, received 149.5 million STRK, worth $530 million, from the […]
Over the past weekend, Blur’s lock-up contract unlocked 37.51 million BLUR tokens, valued at $11.69 million, which were subsequently transferred to Coinbase Prime. This lock-up contract initially received these tokens from the Blur developer team one year ago, and this monthly unlock activity has been a consistent practice since June […]
Data shows that traders on social media have been calling to buy during the latest Bitcoin dip below $66,000, a sign that FOMO is active in the market. Bitcoin Investors Are Displaying FOMO After The Recent Decline As the analytics firm Santiment pointed out in a new post on X, the recent drawdown in the [...]
The post Bitcoin FOMO: Social Media Users Calling To Buy Sub-$66,000 Dip appeared first on Crypto Breaking News.
The price of Bitcoin is currently experiencing a cool-down period as we head into the much-anticipated week of the Federal Reserve’s rate hike. Despite this, cryptocurrencies like AAVE, RNDR, and FET are still showing bullish signs. Investors are closely monitoring the market as the Federal Reserve prepares to announce its decision on interest rates. This [...]
Bitcoin’s chances of breaking out to new all-time highs are increasing as the cryptocurrency market continues its upward momentum. With the potential for prices to reach $90,000, investors are optimistic but should also be cautious of potential dips in the market. The recent surge in Bitcoin’s price has resulted in renewed interest from traders and [...]
Bitcoin experienced a price decline of 3.06% on Friday, falling as low as $60,372.36 based on data from CoinMarketCap. With the crypto market leader now in a consolidation phase, a trading analyst with X username Titan of Crypto has expressed resilient faith in Bitcoins ability to produce a post-halving price rally. Related Reading: Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Heres Why Bitcoin Rise Inevitable, Analyst Pinpoints $150,000 Price Target In a series of X posts on Friday, Titan of Crypto shared some interesting bullish predictions on the Bitcoin market. Firstly, the analyst noted that amidst BTCs price decline, the tokens price pattern on the daily timeframe had formed a bullish signal. Titan of Crypto referred to this signal as the bullish engulfing candle which occurs when a larger bullish candle completely emerges from the previous smaller bearish candle, thus indicating a potential reversal from a downtrend to an uptrend. Following these observations, the analyst also predicted Bitcoin to soon experience a massive post-halving price gain. Titan of Crypto described this forecast as inevitable citing data from Bitcoins price history. The crypto analyst said: To understand the present you have to search in the past. And what the past is telling us is there is no occurrence of #BTC not having a rally after the halving. Titan of Crypto also acknowledged that short-term price movements may be confusing however he expects BTC to maintain an upward trajectory in the long room. Based on previous post-halving rallies, Titan of Crypto predicts Bitcoin to trade at $150,000 in 2025. Related Reading: Bitcoin Short Term NUPL Value Turns Negative, What This Means For Price BTC Close To Bottom Price As Dip Buy Interest Drops In other news, blockchain analytics website Santiment also predicts the recent downturn in Bitcoins price could soon end stating the token is near a bottom i.e. the lowest point in a market fall at which price stops falling and starts rising exponentially. Interestingly, this prediction by Santiment is based on a decline in the dip-buying activity of Bitcoin investors. The analytics platform reports that the trading interest in Bitcoin following its most recent decline on Friday is far below levels associated with previous price falls. At the time of writing, Bitcoin continues to trade around $60,968, with an overall price loss of 3.26% in the last week. On the monthly chart, the digital coin also remains in the red zone, reflecting a decline of $13.64%. However, Bitcoins daily trading volume remains positive by 9.73% and $27.88 billion. BTC trading at $60,922 on the daily chart | Source: BTCUSDT chart on Tradingview.com Featured image from Investopedia, chart from Tradingview
The emotional roller coaster the crypto market has been on in recent years has often placed Bitcoin (BTC) at the center of all the ups and downs. Following the most recent rally in the market, many observers were left wondering whether the bullish momentum was sustainable or whether a bearish trend was on the horizon. [...]
Michael Saylor, the CEO of MicroStrategy, shared his strategy of holding onto Bitcoin during market drops rather than attempting to time the market by buying and selling. Saylor emphasized the importance of having a long-term approach to investing in Bitcoin, arguing that attempting to predict short-term price movements is a risky strategy. According to Saylor, [...]
The post Michael Saylor Pauses Bitcoin Purchases as Price Dips Below $87K: A Strategic Move appeared first on Crypto Breaking News.
Last week, there was considerable activity by whales in the Immutable X (IMX) market that traders and investors are now observing with concern and curiosity. In just nine days, whales and large institutional investors have offloaded 26.2 million IMX tokens worth $13.72 million (11.28 million of those tokens, worth $5.952 million, were sold on Wednesday [...]
Coolcoin has emerged as the second hottest trending token on Dex screener, experiencing an astronomical surge of 700,000% in the past 24 hours. With a market capitalization of $32.1 million and a current trading price of $0.032, Coolcoin has captured the attention of traders and investors alike. However, amidst the […]
The recent decrease in the 10-year Treasury yield to 4% has raised questions among investors about the right time to invest in Bitcoin as an alternative asset. The softening of the DXY, a measure of the dollar’s strength against other currencies, has added to the uncertainty in the market. With traditional safe-haven assets like Treasury [...]
The post 10-Year Treasury Yield Drops to 4% as DXY Weakens: Should You Consider Buying the Bitcoin Price Dip? appeared first on Crypto Breaking News.
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