Hashprice has plunged to its lowest level since April, when bitcoin traded around $76,000, and now sits at $43.1 per petahash/second (PH/s). Hashprice, a term coined by Luxor, refers to the expected value of one terahash per second (TH/s) hash power per day, which represents how much a miner can earn from a certain amount […]
BTC Mining Earnings Drop As Hash Price Drops To Multi-Month Low Read More »
The crypto market suffered a sell-off on Tuesday with bitcoin BTC$104,030.61 approaching the lowest level since June and ether ETH$3,514.58 traded at $3,480, the lowest since August. The selling pressure led to about $1.4 billion in liquidations across derivatives exchanges, which at press time are doing better than they did in October, when Binance’s auto-degearing
BTC Price Approaches June Low As $1.4B In Liquidations Rock Altcoins Read More »
By Omkar Godbole (All times ET unless otherwise noted) It’s another risk-off session across the crypto markets. Bitcoin BTC$104,246.94 fell 3.5% over the past 24 hours to approach October lows around $103,600. Any additional and the largest cryptocurrency would be at its lowest price since June. The CoinDesk 20 index is down 5%, with major
ZEC, DASH Lead as Privacy Coins Defy Broader Market Slide: Crypto Daybook Americas Read More »
UBS said it completed the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent (DTA) in a live transaction that underscores how the blockchain infrastructure is beginning to interface with the $100 trillion global funds industry. The transaction involved the tokenized money market fund UBS USD Money Market Investment Fund Token (uMINT)
UBS, Chainlink Performs First Onchain Tokenized Fund Redemption in $100T Market Read More »
Less than a week after Strategy ( MSTR ) reported third-quarter earnings and hinted at the launch of an international perpetual preferred stock, the company has launched Stream ( STRE ), a euro-denominated perpetual preferred security, the company said Monday. STRE will be issued at 100 euros ($115) per share with a 10% annual dividend
Strategy (MSTR) introduces Euro-denominated Stream Preferred Share after Q3 Earnings Read More »
Bitcoin BTC$103,797.94 The price is nearing its lowest since June 24, trading near $103,000. It is now about 20% below the Oct. 6 record of $126,500. The last time bitcoin traded below $100,000 was in late June, when tensions flared between Iran and the United States. Meanwhile, the US government shutdown has entered its 35th
Bitcoin BTC$103,910.60 has fallen below a key support level that had held back a decline toward $100,000 amid weakening momentum in tech stocks. The leading cryptocurrency fell below $106,000 in Asian hours, penetrating the level that had offered support several times in recent weeks, according to CoinDesk data. Major altcoins such as ether ETH$3,491.90, XRP$2.2665
Bitcoin, XRP, Solana, Ether slide as BTC loses last support before $100,000 Read More »
Bitcoin began November under pressure after closing its worst October in a decade, falling below $105,000 earlier Tuesday as selling across majors deepened in the wake of last week’s Federal Reserve decision. BTC is down 2.8% in the past 24 hours, while ether is down 6% to around $3,630. Solana led losses, falling 10% to
Could Bitcoin Have a Bullish November? Read More »
XRP$2.2541 is down 6% in 24 hours, closing in on the lower end of its three-week trading range between $2.20 and $2.70. The token is approaching a bearish technical pattern known as the death cross, where the 50-day simple moving average (SMA) is set to cross below the 200-day SMA for the first time since
Ripple-Linked Token Approaches ‘Death Cross’ Read More »
Solana’s SOL token has fallen to its lowest level since August, breaking below the uptrend line, representing the bull run from the April lows. The breakdown signals increasing bearish momentum, marked by recent series lower highs and lows, and a renewed bearish MACD crossover. Immediate support is seen at $155 – 61.8% Fibonacci retracement of
Solana’s Bull Party Ends: Trendline Smashed, Fib Eyed Read More »
