Bitcoin’s quest for $100,000 hit an impasse as sellers took control and pushed BTC price under $93,000. Margin traders sitting in long positions saw heavy losses as the total crypto market liquidations on the buy … Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profitRead more
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Bitcoin 'spoofing' drives BTC price to $97K amid record profit-taking
Bitcoin (BTC) headed toward a “pivotal low” on Nov. 24 as manipulative traders sought to keep $100,000 out of reach. BTC/USD 1-hour chart. Source: TradingView Bitcoin faces stiff opposition around $100,000 Data showed BTC price … Bitcoin 'spoofing' drives BTC price to $97K amid record profit-takingRead more
The Two Papa John's pizzas ordered in 2010 now close to $1B mistake
The two Papa John’s pizzas ordered by programmer Laszlo Hanyecz in 2010 for 10,000 Bitcoin (BTC) have become infamous in the crypto world. At current market prices, those two pizzas cost Laszlo more than $978 … The Two Papa John's pizzas ordered in 2010 now close to $1B mistakeRead more
Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund
Strategic Bitcoin reserve legislation is reportedly the subject of preliminary discussions among Texan lawmakers, according to nonprofit advocacy group, the Satoshi Action Fund (SAF). In a Nov. 21 talk at the North American Blockchain Summit … Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action FundRead more
US Bitcoin ETF assets break $100 billion
United States Bitcoin (BTC) exchange-traded funds (ETFs) broke $100 billion in net assets for the first time on Nov. 21, according to data from Bloomberg Intelligence. Bitcoin has dominated the ETF landscape since spot BTC … US Bitcoin ETF assets break $100 billionRead more
Bitcoin reserve won’t solve US debt crisis: Think tank co-founder
United States Senator Cynthia Lummis’ plan to set up a strategic Bitcoin reserve won’t be enough to solve the country’s debt crisis, which has now swelled to $35 trillion, the president of the nonprofit think … Bitcoin reserve won’t solve US debt crisis: Think tank co-founderRead more
Bitcoin price analysis sees $94K swipe as ETF options launch arrives
Bitcoin (BTC) saw swings near all-time highs on Nov. 19 as geopolitical tensions sparked risk-asset volatility. BTC/USD 1-hour chart. Source: TradingView BTC price analysis sees $94,000 liquidity hunt Data from Cointelegraph Markets Pro and TradingView … Bitcoin price analysis sees $94K swipe as ETF options launch arrivesRead more
BTC price weekly close nears $90K — 5 Things to know in Bitcoin this week
Bitcoin (BTC) launches into a new week inches from fresh all-time highs after sealing its best-ever weekly close. Bitcoin traders see price discovery returning in the coming week while eyeing levels toward $80,000 as a … BTC price weekly close nears $90K — 5 Things to know in Bitcoin this weekRead more
Senator Lummis says Treasury should convert gold for Bitcoin reserve
Wyoming Senator Cynthia Lummis is advocating for the United States Treasury Department to convert a portion of its gold holdings into Bitcoin (BTC) to establish a Bitcoin strategic reserve. Lummis told Bloomberg that by converting … Senator Lummis says Treasury should convert gold for Bitcoin reserveRead more
Ethereum 'dying a slow death' as ETH breaks 8-year trend vs. Bitcoin
Ethereum’s native token, Ether (ETH), recently slipped below its longest-serving support level against Bitcoin (BTC), leading top analysts to conclude that it is “dying a slow death.” Ether breaks support that once prompted a 1,800% … Ethereum 'dying a slow death' as ETH breaks 8-year trend vs. Bitcoin Read more
Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael Saylor
MicroStrategy founder and Bitcoin bull Michael Saylor has ruled out the chances of Bitcoin retracing to $60,000 — a crucial price level for the majority of 2024. “I don’t think it is going to $60,000, … Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael SaylorRead more
Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’
The United States dollar rising to year-to-date highs has raised concerns about the sustainability of the current Bitcoin bull run, with a crypto analyst warning traders to be cautious about making overly speculative bets. “The … Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’Read more
Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’
United States President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new government agency, the Department of Government Efficiency (DOGE), aimed at reducing federal spending and cutting regulations. The new organization … Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’Read more