Cryptocurrency News, Analysis, and Blockchain Insights
Bitcoin (BTC) reclaimed $92,000 on Tuesday, as the market rebounded following Monday’s dramatic collapse. The flagship cryptocurrency reached an intraday high of $92,291 on Monday before pulling back to $90,653, a move analysts attributed to FOMC meeting jitters. BTC is marginally up during the ongoing session, trading around $92,714. The flagship cryptocurrency has started December […]
Bitcoin (BTC) dipped back to $90,000 as momentum waned after a strong start to the week. The flagship cryptocurrency crossed $92,000 on Monday but briefly slipped below $90,000 amid continued volatility. A revival to $91,000 was cut short by another decline, as the price fell nearly 2% to $90,049 before moving to its current level. […]
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Bitcoin (BTC) and the broader cryptocurrency market have started the week after registering a sharp drop over the weekend, thanks to a leverage flush. The flagship cryptocurrency fell to a low of $87,861 on Sunday, spending the weekend pinned below $90,000 before rebounding to reclaim $90,000 and settle at $91,691. However, it registered another sharp […]
Bitcoin (BTC) spent the weekend below $90,000 after crashing nearly 3% as a cascade of leveraged liquidations dragged the market lower. The flagship cryptocurrency could see an extended decline if bulls fail to defend $84,000. Meanwhile, veteran trader Peter Brandt remains concerned about Bitcoin’s price outlook, stating that the recent rally could be the only […]
Bitcoin (BTC) slipped below $90,000 after $200 million in leveraged liquidations left the crypto market reeling. Analysts have warned the flagship cryptocurrency could see an extended decline if bulls fail to defend the $84,000 level. BTC is down over 2% in the past 24 hours, trading around $89,535. The downturn has wiped out over $100 […]
Bitcoin (BTC) has steadied itself around $92,000 as traders digested labor market data, choppy Asian, European, and US equity markets, and central bank bets. The flagship cryptocurrency is marginally down during the ongoing trading session, holding at $92,147. Meanwhile, Glassnode analysts believe BTC’s current price action resembles that of early 2022. The on-chain analytics platform’s […]
Prediction market platform Polymarket has made its long-awaited return to the US market with a limited rollout on Wednesday after securing CFTC approval to operate as an exchange. The platform has started rolling out its US app to waitlisted users and will initially offer sports event contracts before expanding to other markets. Polymarket Makes Long-Awaited […]
A Brazilian court has sentenced 14 individuals for using shell companies and Bitcoin (BTC) to launder up to 508 million reais ($95 million) in proceeds from drug trafficking. The defendants used a maze of fake companies and cryptocurrency transactions to hide the origin of the funds. Brazil Federal Court Sentences 14 To Jail A federal […]
Ripple has secured approval from the Monetary Authority of Singapore to expand its payment activities under the Major Payment Institution license. The license allows the company to expand its footprint across Asia. The new permissions allow Ripple to offer token-based settlements and related services to banks, fintechs, and cryptocurrency firms based in Singapore. Ripple Expands […]
Bitcoin (BTC) is struggling to regain momentum after falling to a low of $83,800 on Monday. The flagship cryptocurrency has started December in the red after enduring its worst November since 2018. Meanwhile, a crypto analyst has said that RSI and Bollinger Bands data suggest BTC’s bear market bottom is at $55,000. Strategy Sets Up […]
Bitcoin (BTC) slumped to a low of $85,595 on Monday after a wave of selling and liquidations broke through several intraday support levels. Analysts have attributed the drop to forced liquidations and large stop orders being triggered. The flagship cryptocurrency recorded its worst November performance since 2018, ending the month down over 17%. BlackRock Calls […]