Bitcoin Dips Below $63K as Mt. Gox Moves $2.8B BTC to Internal Wallets
One observer said the movement of coins was likely a part of the exchange’s creditor reimbursement plan. Bitcoin (BTC) faced renewed selling pressure on Tuesday after blockchain…
Tag: cryptocurrency
U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report. Inflation continued to retreat in…
Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst
The bearish pattern hints at a further correction. Bitcoin (BTC) has carved out a double-top price pattern, signaling a potential bearish trend change ahead of key data…
Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March
This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January. U.S.-listed spot bitcoin (BTC) exchange-traded funds…
First Mover Americas: Bitcoin Falls Below $68K After $9B Mt. Gox Transfer
Bitcoin fell below $68,000 after wallets belonging to Mt. Gox transferred $9 billion worth of BTC to an unknown address early Asian morning. The transaction is possibly part…
Dogecoin Appears Headed for a ‘Golden Cross’
A DOGE price pattern that presaged the early 2021 surge looks set to recur. Dogecoin (DOGE), the world’s largest meme cryptocurrency by market value, seems headed…
First Mover Americas: Bitcoin Hovers Above $62K
The latest price moves in crypto markets in context for May 8, 2024. Bitcoin slid toward $62,000 during the Asian and European mornings on Wednesday as part…
NYSE contemplates following cryptocurrency markets with 24/7 trading: Financial Times
Traditional markets could be taking a page from cryptocurrency markets as the New York Stock Exchange contemplates trading nonstop in a recent survey, according to…
Sam Bankman-Fried Sentenced to 25 Years in Prison
The former FTX CEO was convicted of seven counts of fraud and conspiracy in November, a year after the once-giant cryptocurrency exchange collapsed. Sam Bankman-Fried…
Bitcoin’s Halving May Be Here Sooner Than You Know (Again)
Several months ago, the halving was expected to take place on April 28; now it’s on track to land on April 15. Blame the surge…