Cryptocurrency

Crypto majors plunged as much as 20% in the past 24 hours as movements from a Mt. Gox-linked wallet spooked traders in early Asian hours, sending the market spiraling down 10% on average. Bitcoin {[BTC}} fell 8% to briefly below $54,000, before slightly recovering, in a move that erased all gains since February. Ether (ETH) dropped more […]

Bitcoin hit a four-month low of $53,499 on Coinbase as news of Mt. Gox’s latest cold wallet transfer hit the markets. Bitcoin plummeted at around 4:19 am UTC on July 5, hitting its lowest level since late February, according to TradingView. Additionally, cryptocurrency liquidations have surged to $664.5 million over the past 24 hours, the highest […]

The cryptocurrency market saw over $665 million liquidations in the past 24 hours as bitcoin faces heavy selling pressure with Mt Gox continuing to make movements for payout. Bitcoin dropped 7.4% in the past 24 hours to $54,422 at the time of publication, according to The Block’s bitcoin price page. The price fall came after […]

Fears that selling pressure from bankruptcy redemptions from the estate of Mt. Gox will drive down the price of bitcoin (BTC) is unfounded, but it could be a bearish scenario for Bitcoin Cash (BCH), Presto Labs’ Head of Research wrote in a note. Bitcoin’s price continues to dip below $60,000, with over $200 million in liquidations as the trading […]

The Bitcoin price fell below the $60,000 psychological mark on July 3, threatening to prolong the current price consolidation as Mt. Gox potentially starts releasing $9 billion worth of BTC. Bitcoin fell 4.2% in the 24 hours leading up to 10:33 am UTC on July 3 to a local bottom of $59,600. The world’s first […]

The price of Bitcoin briefly dipped as low as $57,874 on July 4, the first time the asset has fallen below the $58,000 mark in more than two months. BTC’s price action has since leveled out and is currently trading for $58,964 at the time of publication, but still down 3.4% on the week, per […]

Mentions of “buy the dip” on social platforms Reddit, X, 4chan and Bitcoin Talk briefly doubled over the last two days as Bitcoin fell below $60,000 for the second time in four months. According to crypto research firm Santiment, which tracked the total mentions across the four platforms, as crypto traders debated what stage of the bull […]

The launch of spot Ether exchange-traded funds (ETFs) could see the cryptocurrency outperform Bitcoin in the weeks after they go live in the United States, say K33 Research analysts. The ETFs, expected to launch as soon as July 8, are a “golden egg” for Ether price action, while Bitcoin is set to face sell pressure as […]

Bitcoin has not reached the top of its current appreciation cycle and is likely to go past its all-time high this year, according to a research report released by CCData on Tuesday. Bitcoin hit an all-time high of above $73,700 in March but has since been trading within a range between roughly $59,000 and $72,000. […]

Bitcoin focused on $63,000 on July 2 as attention switched to macro liquidity changes. BTC/USD 1-hour chart. Source: TradingView Bitcoin analyst on global liquidity: “You love to see it” Data from Cointelegraph Markets Pro and TradingView showed BTC price action attempting to cement gains, which accompanied the monthly close. Despite an overall failure to tackle key resistance levels above […]