Options traders are seeing hundreds of millions of dollars worth of losses as Bitcoin (BTC) suddenly plummets below $57,000 and altcoins collapse. According to crypto data aggregator Coinglass, over $379 million in liquidations have occurred in the last 24 hours — nearly 90% of them from leveraged long positions. Binance, the world’s largest crypto exchange […]

Crypto exchanges in South Korea are reportedly trying to dispel fears that the country’s new digital asset law could lead to a widespread delisting of cryptocurrencies. South Korea will enforce its first digital asset user protection law on July 19th. The legislation will require crypto exchanges to review their altcoin listings and assess the reliability […]

TL;DR Rabby Wallet has introduced a 0.25% fee for integrated swaps, aimed at funding future improvements and offering an advanced user experience. The Rabby Swap platform, a solid alternative to MetaMask, stands out for its intuitive interface and advanced security measures. The integration of IOTA’s Ethereum Virtual Machine (EVM) promises an enhanced multi-chain DeFi experience, […]

Bitcoin’s price drop is fuelled by ETF liquidations, Mt. Gox repayments, and an overbought market. New market entrants are selling the dip, influenced by recent ETF approvals. High-profile endorsements haven’t counteracted heavy selling by major players, pressuring prices. Amid the price of Bitcoin falling below US$55K (AU$81.65K), the first time since February, everyone is wondering […]

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 Media Has Turned Quite Bearish According to data from the analytics firm Santiment, social media is showing historic levels of FUD amid the market drawdown. […]

A newly identified address, 0x4fd…4271E, has built a significant position of $77.87 million in altcoins and ETH within the past 24 hours. The top three tokens held by this address include $ETH worth $31.17 million, $PEPE valued at $9.9 million, and $SHIB worth $9.69 million. On-chain data suggests that this operation was well-planned, as the […]

Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse.

A closely followed crypto strategist believes that Bitcoin (BTC) could reach a six-figure price tag if it manages to reclaim a major resistance level. In a new strategy session, pseudonymous crypto analyst DonAlt tells the 61,000 subscribers of the TechnicalRoundup YouTube channel that the sell-off Bitcoin has witnessed recently could be invalidated if it manages […]

A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including Chancellor Olaf Scholz, to a lecture on bitcoin’s advantages for nation-states, aiming to shift policy toward embracing cryptocurrency as a reserve […]

Technical indicators are flashing buy signals for Shiba Inu

Bitcoin Cryptocurrency trends Graphs and charts. Vertigo3d/iStock via Getty Images. Bitcoin (BTC-USD) continued to slump on Friday as it dropped …

Bitcoin’s price continues bleeding out. The cryptocurrency is now down almost 12% over the past week, losing 7.5% of that in the past 24 hours alone. As seen in the chart, the bulls have been able to find no relief during the past couple of days, which saw BTC drop to a low of around […]

Data shows that Bitcoin traders’ sentiment has declined into ‘fear’ after the price crash the cryptocurrency has seen during the past 24 hours. Bitcoin Fear & Greed Index Is Now Suggesting A Fearful Market The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment currently held by […]

Tokenised RWAs have come to the Bitcoin ecosystem through a startup called Hamilton that tokenised US Treasury bills on Bitcoin’s Layer 2 platform.  The company describes the product as a milestone in merging traditional financial instruments with Bitcoin’s secure decentralised ecosystem. Tokenisation Real-world asset (RWA) tokenisation startup Hamilton has tokenised US Treasury bills on a […]

Hamster Kombat has become an international sensation and is showing no signs of slowing down. The Telegram-based mini game is gaining new subscribers at a rate of 4-5 million per day, amassing over 240 million in under three months. The developers are planning to drop a native in-game currency within the next few weeks, which […]

According to emails seen by the WSJ, Sam Bankman-Fried’s family allegedly funneled millions from FTX to political causes, raising significant legal questions.

A widely followed crypto trader is expressing bullish sentiment on Ethereum (ETH) relative to Bitcoin (BTC). In a new strategy session, pseudonymous crypto analyst Altcoin Sherpa tells his 217,800 followers on the social media platform X that the Ethereum/Bitcoin (ETH/BTC) pair is “still holding up pretty strong.” According to Sherpa, the ETH/BTC pair is currently […]

A crypto analytics platform says that two under-the-radar altcoins are flashing bullish signals as fear, uncertainty, and doubt (FUD) centered around digital assets rise. According to new data from market intelligence firm Santiment, low-cap altcoins such as decentralized finance (DeFI) platform Balancer (BAL) and decentralized application builder Chromia (CHR) are primed to see gains after […]

After a four-month hiatus, the $GALA project wallet made significant moves just four hours ago, transferring 200,000 USDT and 65 million GALA tokens (approximately $1.6 million) to wallet 0x625d7. This transfer represents about 0.2% of GALA’s circulating supply. Wallet 0x625d7, created nine months ago, has a history of receiving substantial amounts of GALA from the […]

A recent study has found that cryptocurrency ownership is associated with belief in conspiracy theories and “dark” personality traits such as narcissism, Machiavellianism, psychopathy, and sadism (collectively known as the “Dark Tetrad”). The research highlights the diverse political identities of crypto owners and their aversion to authoritarianism. Study Reveals Political and Psychological Traits of Cryptocurrency […]

Crypto analyst Ali Martinez has shared interesting Bitcoin price outlook

HONG KONG, July 5, 2024 /PRNewswire/ — In July 2024, the global cryptocurrency trading platform CoinEx officially announced the completion of the …

TL;DR The cryptocurrency market has faced significant declines, with major assets like Binance Coin, Dogecoin, and XRP experiencing double-digit losses. XRP’s future may improve with technical indicators suggesting a rebound. Another Red Day The cryptocurrency sector has been experiencing a substantial downfall in the past several days, with the global market capitalization plunging under $2.1 […]

The trustee of the now-defunct cryptocurrency exchange Mt. Gox confirmed today (Friday) that repayment to some of the creditors in Bitcoin and Bitcoin Cash has been initiated. This was part of the rehabilitation plan after the exchange was shut down in 2014. The notice by the rehabilitation trustee, Nobuaki Kobayashi, further detailed that “repayments to […]

Ethereum price remained in a bearish zone below $3,250 zone. ETH dived below the $3,000 support and even tested the $2,850 zone. Ethereum started a fresh decline below the $3,120 and $3,000 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]

Mario Nawfal breaks down how mainstream media has lost the public’s trust and why social media offers a more accessible, democratic approach to information sharing.

New data from crypto analytics platform IntoTheBlock indicates that Bitcoin (BTC) is facing further downside pressure. According to the market intelligence firm, the crypto king’s recent drop below $60,000 – a historically critical demand zone – could cause it to see further price cuts. “Bitcoin has breached its $60,000 support level, a critical demand zone. […]

Pomp attributes Bitcoin ETF inflows and price drops to increased investor confidence in BTC’s long-term resilience. He notes reduced volatility in Bitcoin’s market due to persistent ETF inflows compared to past cycles. Pomp sees a Spot Ether ETF approval soon but highlights Ethereum’s complex image as a potential barrier for institutional investment. Anthony Pompliano, to […]

The Bitcoin price plunged this week, sinking below $55,000 for the first time since February as the now-defunct Mt Gox exchange began distributing billions in owed funds. Mt Gox announced it has started repaying creditors, ending years of waiting stemming from its 2014 collapse. The Japan-based exchange will distribute approximately $9 billion worth of Bitcoin, […]

MANTRA has successfully launched its first $OM Liquidity Pool (LP) on the Base chain. Following approval, MANTRA worked swiftly to integrate $OM into the Base chain ecosystem. The existing OM/ETH LP on Uniswap, which already boasts over $5 million in liquidity, allows for seamless swaps on Ethereum. The deep liquidity of the OM/ETH pool is […]

Charles Hoskinson issues important reminder about true purpose of digital assets

BTC's decline is being attributed to the potential $9 billion repayment in collapsed cryptocurrency exchange BTC by Mt. Gox. Concurring with this …