Tag Archives: btcusd

Crypto Prices Go Up: A ‘Cautious Bullish’ Outlook Amid Fed Worries And Market Volatility

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A recent report from centralized exchange (CEX) Blofin highlights a cautiously bullish sentiment among crypto investors, even as macroeconomic indicators and global market conditions continue to inject a degree of precaution into the market.  Market Anticipates Limited Fed Rate Cuts According to the firm’s analysis, one significant factor influencing market sentiment is the surprisingly positive… Continue reading Crypto Prices Go Up: A ‘Cautious Bullish’ Outlook Amid Fed Worries And Market Volatility→

Over $182 Million Wiped Out As Bitcoin Price Breaks $64,000 And Sends Bears To The Gallows

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In a dramatic turn of events, the Bitcoin price has breached the $64,000 threshold again after a 7.7% increase from a low of $59,400 in four days. This sudden price jump has sent shockwaves through the crypto market, with data from Coinglass revealing a significant wave of liquidations following the unexpected rally. Short sellers, who… Continue reading Over $182 Million Wiped Out As Bitcoin Price Breaks $64,000 And Sends Bears To The Gallows→

Bitcoin Price Restarts Its Climb: Is The Rally Back On?

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Bitcoin price started a fresh increase above the $62,000 resistance zone. BTC is now consolidating and might aim for more upsides above $63,000. Bitcoin is struggling to start a fresh increase above the $63,200 zone. The price is trading above $61,500 and the 100 hourly Simple moving average. There is a short-term declining channel forming… Continue reading Bitcoin Price Restarts Its Climb: Is The Rally Back On?→

Whales Hoard $90 Million In Bitcoin: A Sign Of What’s To Come?

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Bitcoin whales have stockpiled $90 billion in BTC since May, a period marked by range-bound market conditions. According to an open disclosure by Axel Adler Jr. of CryptoQuant, investors holding over 1,000 BTC have seen rapid growth in their balances. Whale Appetite Grows Over the past six months, they accumulated about 1.5 million BTC, representing… Continue reading Whales Hoard $90 Million In Bitcoin: A Sign Of What’s To Come?→

Bitcoin Price Hits $63,000 – Is The Market Set For Takeoff?

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According to data from CoinMarketCap, Bitcoin (BTC) gained by 4.08% in the last 24 hours as it briefly traded above the $63,000 price mark. Notably, this price rise comes following a decline that saw the market leader trade below $59,000 on Thursday. While the market sentiment is currently bullish, certain conditions are needed to procure… Continue reading Bitcoin Price Hits $63,000 – Is The Market Set For Takeoff?→

Bitcoin Price Crash: $1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?

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Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been… Continue reading Bitcoin Price Crash: $1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?→

Bitcoin Price Encounters Resistance: Will It Clear The Hurdles?

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Bitcoin price extended losses and traded below the $60,000 zone. BTC is now attempting a recovery wave and facing hurdles near $60,800. Bitcoin is struggling to start a fresh increase above the $61,200 zone. The price is trading below $61,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming… Continue reading Bitcoin Price Encounters Resistance: Will It Clear The Hurdles?→

Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025

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In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors. Originally set for October 31, 2024, the new deadline for repayments has been pushed to October 31,… Continue reading Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025→

Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

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Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately $987 million, has been withdrawn from various… Continue reading Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows→

SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’

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The US Securities and Exchange Commission (SEC) has stepped up its regulatory scrutiny of the crypto industry by charging Cumberland DRW LLC with operating as an “unregistered dealer”, underscoring the agency’s relentless enforcement approach that has come under increasing criticism from stakeholders and advocates in the digital asset space. Accused Of Trading $2B In Crypto… Continue reading SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’→