Tag: Bitcoin

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Bitcoin crashes to $62,000 as billions of longs get liquidated

Panic has crept back into the crypto market, as bitcoin continues its decline to $62,000, spurring demand for options bets that protect against potential...

Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out

Bitcoin briefly plunged below $62,000 Thursday morning Hong Kong time, triggering more than $1.5 billion in leveraged crypto liquidations over the past 24 hours...

US Treasury Secretary Signals CLARITY Act by Summer, Progress on Bitcoin Reserve

US Treasury Secretary Scott Bessent told Senate lawmakers that his department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile more...

The selloff In Bitcoin, Altcoins Deepened, Will Bulls Buy The Dip?

Key points:Bitcoin risks falling below $65,000, but lower levels are likely to attract solid buying by the bulls.HYPE, ZEC and XLM look strong on...

Bitcoin isn’t crashing because of Saylor, it’s losing the momentum trade

Bitcoin's BTC$65,480.41 recent struggles to rise in tandem with U.S. stocks has sparked a wave of explanations, from concerns about Michael Saylor's Strategy (MSTR)...

Bitcoin Cash (BCH) falls 10.7%, leading index lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading...

Rare physical bitcoin worth $1.78 million gets cashed in after 12 years

A physical bitcoin BTC$66,749.38 from the legendary 2011-2013 Casascius mint had its hologram seal removed on Wednesday and the 25 BTC stored inside, worth...

ETF flows, not Strategy’s sale, remain key bitcoin driver: Citi

Strategy's (MSTR) recent bitcoin BTC$66,681.35 sale has had an outsized impact on market sentiment, but Wall Street bank Citi does not see the move...

Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000

Mt. Gox has moved 10,422 bitcoin worth about $739 million, marking its largest transfer in months as the deadline for creditor repayments...

Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes

Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as...

Bitcoin Price Crashes To $67,000 Range, Down 13% In A Week

Bitcoin price has fallen below $68,000 on Tuesday, its lowest level since early April, battered by a multitude of forces. Some of...

Bitcoin Fair Value Closer To $224K Based On Debt Risk Model: Bitwise

New reporting from Bitwise suggests that Bitcoin's (BTC) undervaluation could expand if investors' concerns over sovereign debt deepen. The asset management firm said that...