Bitcoin’s Slump Sees Crypto Bulls Staring at $440M in Liquidations
Prices could be headed to as low as $55,000 in the coming weeks, one trader said, but the long-term bullish outlook remains intact.
Financial
Bitcoin
Financial
Bitcoin No Longer Trading at a Premium on Coinbase, Data Show
CryptoQuant’s “Coinbase premium” indicator has flipped negative, signaling a weaker net buying pressure from U.S. investors.
Financial
BTC Maintains $65K as GBTC Outflows Hit Highest Level Ever
Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling
Financial
Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research
Bitcoin ETF inflows on Monday and Tuesday will be the “real test” for what’s next for the largest crypto asset’s price, Markus Thielen wrote.
Financial
Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
Richard Teng replaced Binance founder Changpeng Zhao (CZ) as the new CEO of the crypto exchange in November 2023 after the latter resigned as part of a $4.3 billion settlement with U.S. authorities.
Financial
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge
The Crypto Open Patent Alliance is seeking several court injunctions against Wright.
Financial
Gold Investors Aren’t Switching Into Bitcoin, JPMorgan Says
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency.
Financial
Bitcoin Layer-2 Project BVM Gains Traction With Promise of ‘Juicy’ Airdrops
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
Financial
Bitcoin Tumbles to $67K As Asia Begins Trading Day
Over $100 million in bitcoin long positions have been wiped out as the world’s largest digital asset fell from $70K.
Financial
El Salvador Has Thousands More Bitcoins Than Previously Known
The Central American nation moved $400 million in BTC into a cold storage wallet this week.