Bitcoin

Jack Dorsey, the CEO of Block Inc., recently highlighted Bitcoin’s potential to serve as an alternative to traditional currencies like the U.S. dollar (USD). He praised Bitcoin for its ability to operate without permissions, referring to it as “permissionless freedom […]

In a new development making rounds across several news publication platforms, Standard Chartered (STAN) has unveiled its plan to expand operations by imminently launching a new Bitcoin (BTC) and Ethereum (ETH) spot trading platform, which will be integrated into the […]

Pioneer decentralized cryptocurrency, Bitcoin (BTC), recently dropped below $65,000, sparking wild spread concerns among crypto faithful, as the dip could only culminate in further declines, which invariably implies more losses amid an already precarious state. At the time of press, […]

Highlights: MicroStrategy acquires 11,931 BTC for $786 million at an average price of $65,883 per BTC. The company’s total Bitcoin holdings now stand at 226,331 BTC, valued at nearly $15 billion. The acquisition was funded through a $800 million convertible […]

Highlights: Bitcoin has lost critical support levels this week, an indicator that sellers are gaining momentum Whales and miners are selling Bitcoin in the $71,000 to $60,000 range Analysts predict that the likelihood of Bitcoin dropping below $60k is high  […]

In the past 24 hours, Bitcoin’s price dipped slightly by 0.2% to $65,121, accompanied by a 0.6% decrease in trading volume to $35 billion. Crypto analyst Moustache pointed out a bearish cross on Bitcoin dominance’s 3-week chart, signaling a potential […]

The cryptocurrency market experienced a significant downturn, with the total market capitalization falling by over 4.30% to approximately $2.50 trillion as of June 18. This sharp drop has raised concerns among investors about the underlying factors driving the market’s instability. […]

Highlights: Miner revenues have dropped by 55%, forcing them to sell more Bitcoin driving prices down. Reduced issuance of stablecoins like USDT and USDC decreases market liquidity and increases price volatility. Significant withdrawals from major ETFs are adding to the […]

Lately, Bitcoin (BTC) has faced significant challenges in gaining momentum, evidenced by the token breaking below former resistance levels, which have been converted to support marks in the past. At press time, CoinGecko’s price statistics revealed that the flagship crypto […]

In the last two hours, Bitcoin has experienced a bearish breakout after three days of consolidating between the $66,729 resistance and the $65,994 support levels. When going to press, Bitcoin was priced at $65,650, marking a 1.06% decline. Today’s Price […]

Highlights: Crypto investment products saw outflows totaling $600 million, the largest since March 2024. Bitcoin experienced significant outflows of $621 million, impacting the overall market. Ethereum, Lido, and XRP saw minor inflows, indicating selective investor interest. Crypto investment products experienced […]

Highlights: Willy Woo identifies long-term Bitcoin holders as a key factor in the current price decline, noting their significant influence on market trends. The advent of futures markets, or ‘paper BTC,’ diverts demand from actual Bitcoin, affecting market sensitivity to […]