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Month: July 2024

Bitcoin Latest News

Bitcoin Reclaims $56k But Still Faces Potential Drop to $47K, Analyst Reveals Why

July 6, 2024 - by - Leave a Comment

Bitcoin has recently exhibited resilience that has surprised many market spectators. Following a dismal drop to a 24-hour low of $53,898, Bitcoin clawed its way back above the $56,000 mark, …

Bitcoin Reclaims $56k But Still Faces Potential Drop to $47K, Analyst Reveals Why Read More
Bitcoin Latest News

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?

July 6, 2024 - by - Leave a Comment

As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market. There …

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why? Read More
Bitcoin Latest News

Colossal Buying Pressure For Bitcoin And Solana As FTX Plans $16B Distribution, Expert

July 6, 2024 - by - Leave a Comment

In a significant development for the cryptocurrency industry, FTX, the exchange that collapsed in November 2022 under the leadership of convicted Sam Bankman-Fried, is preparing to distribute a staggering $16 …

Colossal Buying Pressure For Bitcoin And Solana As FTX Plans $16B Distribution, Expert Read More
Bitcoin Latest News

Massive Sell-Off: Mt. Gox Bitcoin Payout Fears Wipes Out $170 Billion From Crypto Market

July 6, 2024 - by - Leave a Comment

The cryptocurrency market experienced a substantial downturn on Friday, compounding the selling pressure witnessed over the past two weeks. The leading cryptocurrency, Bitcoin (BTC), retraced over 20% from its highs …

Massive Sell-Off: Mt. Gox Bitcoin Payout Fears Wipes Out $170 Billion From Crypto Market Read More
Bitcoin Latest News

Social Media Screams “Sell” As Bitcoin Crashes To $54,000: Buy Signal?

July 5, 2024 - by - Leave a Comment

Data shows users on social media platforms have been calling to sell Bitcoin after its latest crash, a signal that contrarian traders may be waiting for. Bitcoin Sentiment On Social …

Social Media Screams “Sell” As Bitcoin Crashes To $54,000: Buy Signal? Read More
Bitcoin Latest News

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

July 5, 2024 - by - Leave a Comment

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.Read MoreCoinDesk: …

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

Private Equity Giants Are Circling Bitcoin Miners on AI Allure

July 5, 2024 - by - Leave a Comment

Private equity firms are now looking at bitcoin miners in a much more different way after Core Scientific signed 200MW deal with CoreWeave in June, the company’s CEO said in …

Private Equity Giants Are Circling Bitcoin Miners on AI Allure Read More
Bitcoin Latest News

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

July 5, 2024 - by - Leave a Comment

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 …

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

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

July 5, 2024 - by - Leave a Comment

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 …

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

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

July 5, 2024 - by - Leave a Comment

“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.Read …

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

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