Bitcoin (BTC) is in a free fall, breaking below the psychological $60,000 support on Aug. 4. Bitcoin came under intense selling pressure this week as traders reduced risk following the roughly 6% plunge in the … Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?Read more
cryptocoins
3 tips for protecting Bitcoin profits amid Ethereum ETF mania
Cryptocurrency’s leading act has been knocked off the top spot. The much-hyped launch of exchange-traded funds (ETFs) for Ethereum in the United States has sent Ether (ETH) soaring more than 20% since May 20. Bitcoin’s … 3 tips for protecting Bitcoin profits amid Ethereum ETF maniaRead more
Altcoins and Memecoins Poised for Short Squeeze Following BTC’s 4th Halving
The completion of Bitcoin’s fourth halving has left traders and investors speculating about the short-term market dynamics. While the spot price of Bitcoin saw a slight increase over the weekend, not much significant movement was observed immediately … Altcoins and Memecoins Poised for Short Squeeze Following BTC’s 4th HalvingRead more
‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to come
Unregulated crypto exchanges will continue to fall like dominoes post-FTX, with plenty more “meltdowns” to come, warns Shark Tank star and investor Kevin O’Leary. O’Leary, a former spokesperson and proponent for the now-bankrupt FTX exchange, … ‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to comeRead more
News Commentary #1,441 – Bitcoin | $5 Billion Exchange Outflow | Bid For $50,000 ..?
Based on the latest metrics, exchanges have seen a large outflow of bitcoins, which in most cases is a strong signal, that holders really want to hold and not trade. Usually these things happen right … News Commentary #1,441 – Bitcoin | $5 Billion Exchange Outflow | Bid For $50,000 ..?Read more