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$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ Crypto market liquidations spiked to their highest point in a week on Wednesday as the price of Bitcoin sunk below $60,000.
In the past 24 hours, more than 74,000 traders were liquidated to the tune of $208 million, CoinGlass data shows.
The majority of those — some $184 million — struck investors holding long positions that had bet on prices going up.
The largest liquidations afflicted Ethereum ...
In the past 24 hours, more than 74,000 traders were liquidated to the tune of $208 million, CoinGlass data shows.
The majority of those — some $184 million — struck investors holding long positions that had bet on prices going up.
The largest liquidations afflicted Ethereum ...
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$Bitcoin (BTC.CC)$
Since reaching an all-time high of $73,000 in March, Bitcoin has declined by approximately 14% from its peak as of Monday, with a cumulative decline of around 10% in the second quarter, marking a stark contrast to the robust 57% surge witnessed in the first quarter of this year.
Bitcoin's decline has been accompanied by a cooling of the hunt for bitcoin ETFs. According to CoinShares, inflows into bitcoin ETFs were only about ...
Since reaching an all-time high of $73,000 in March, Bitcoin has declined by approximately 14% from its peak as of Monday, with a cumulative decline of around 10% in the second quarter, marking a stark contrast to the robust 57% surge witnessed in the first quarter of this year.
Bitcoin's decline has been accompanied by a cooling of the hunt for bitcoin ETFs. According to CoinShares, inflows into bitcoin ETFs were only about ...
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The Mt. Gox payout is finally happening and it could result in the price of $Bitcoin (BTC.CC)$ falling in July.
Mt. Gox has been working on a payout plan to return funds stolen from its exchange over 10 years ago. It’s ready to do so with these repayments set to start next month.
Mt. Gox notes that the payout will include 142,000 BTC, 143,000 $BCH/USD (BCHUSD.CC)$ and 69 billion Japanese yen. This will see the exchange trans...
Mt. Gox has been working on a payout plan to return funds stolen from its exchange over 10 years ago. It’s ready to do so with these repayments set to start next month.
Mt. Gox notes that the payout will include 142,000 BTC, 143,000 $BCH/USD (BCHUSD.CC)$ and 69 billion Japanese yen. This will see the exchange trans...
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$Bitcoin (BTC.CC)$ whales accumulate +40% of the supply!
The continuous accumulation by these whales suggests a favorable view of current market conditions, indicating their belief in Bitcoin’s long-term potential. While the broader market expressed concerns about Bitcoin’s price struggles, the whales saw an opportunity to increase their holdings. This strategic accumulation underscores their confidence in BTC’s future value.
The disastrous consequences of this ...
The continuous accumulation by these whales suggests a favorable view of current market conditions, indicating their belief in Bitcoin’s long-term potential. While the broader market expressed concerns about Bitcoin’s price struggles, the whales saw an opportunity to increase their holdings. This strategic accumulation underscores their confidence in BTC’s future value.
The disastrous consequences of this ...
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$Bitcoin (BTC.CC)$ The numbers don’t lie: Bitcoin spot ETFs are experiencing a period of uninterrupted gains. Data from the analysis platform Sosovalue reveals cumulative inflows reaching up to $105 million on June 3rd, marking fifteen consecutive days of inflows. This phenomenon is significant as it reflects renewed investor confidence in the crypto market.
However, not all players are in the same boat. $Grayscale Bitcoin Trust (GBTC.US)$ , ...
However, not all players are in the same boat. $Grayscale Bitcoin Trust (GBTC.US)$ , ...
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April 8th: Metaplanet announced its $MicroStrategy (MSTR.US)$ copycat $Bitcoin (BTC.CC)$ acquisition strategy.
May 2nd Square $Block (SQ.US)$ announced it will put 10% of its Bitcoin gross profit into $Bitcoin (BTC.CC)$ with mostly purchases.
Today: Semler Scientific $Semler Scientific (SMLR.US)$ announced that it has adopted $Bitcoin (BTC.CC)$ as its primary treasury reserve asset. (Semler Scientific is up 41% after buying $40...
May 2nd Square $Block (SQ.US)$ announced it will put 10% of its Bitcoin gross profit into $Bitcoin (BTC.CC)$ with mostly purchases.
Today: Semler Scientific $Semler Scientific (SMLR.US)$ announced that it has adopted $Bitcoin (BTC.CC)$ as its primary treasury reserve asset. (Semler Scientific is up 41% after buying $40...
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$Ethereum (ETH.CC)$ ETF shenanigans are starting.
Expecting news in the coming hour or so.
As shared this morning: do not overtrade. Let the degens do their thing -- the long-term effects of the ETF will come.
Until then, do not get chopped up.
Expecting news in the coming hour or so.
As shared this morning: do not overtrade. Let the degens do their thing -- the long-term effects of the ETF will come.
Until then, do not get chopped up.
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Trump's campaign accepts cryptocurrency donations.
First major presidential campaign to accept crypto.
Contributions via any cryptocurrency accepted by Coinbase Commerce.
Move marks a milestone in digital fundraising for major party nominees.
Campaign highlights Trump's support for financial technology innovation.
Criticizes Democrats for regulatory stance on financial technology.
$Coinbase (COIN.US)$ $Ethereum (ETH.CC)$ $Bitcoin (BTC.CC)$ $Dogecoin (DOGE.CC)$ $XRP (XRP.CC)$ $Trump Media & Technology (DJT.US)$
First major presidential campaign to accept crypto.
Contributions via any cryptocurrency accepted by Coinbase Commerce.
Move marks a milestone in digital fundraising for major party nominees.
Campaign highlights Trump's support for financial technology innovation.
Criticizes Democrats for regulatory stance on financial technology.
$Coinbase (COIN.US)$ $Ethereum (ETH.CC)$ $Bitcoin (BTC.CC)$ $Dogecoin (DOGE.CC)$ $XRP (XRP.CC)$ $Trump Media & Technology (DJT.US)$
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The fall in $Bitcoin (BTC.CC)$ selling pressure can be seen in the on-chain activity of short-term holders and the balances on over-the-counter (OTC) desks.
The BTC balance on OTC desks has stabilized since late April, indicating less bitcoin supply from market participants. The balance on OTC desks began to rise by 60,000 BTC on March 10 when the asset hit an all-time high of $73,000; however, it has been flat since late last month.
Similarly, the profit margin...
The BTC balance on OTC desks has stabilized since late April, indicating less bitcoin supply from market participants. The balance on OTC desks began to rise by 60,000 BTC on March 10 when the asset hit an all-time high of $73,000; however, it has been flat since late last month.
Similarly, the profit margin...
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