Bitcoin price today: drops to $107,000 after breaking 7-year ‘up to’ streak
Bitcoin price today: drops to $107,000 after breaking 7-year ‘up to’ streak
Bitcoin price today: drops to $107,000 after breaking 7-year ‘up to’ streak Read More »
Why did the Fed inject a massive $29.4 billion in liquidity and what does it mean for BTC
The US Federal Reserve (Fed) pumped $29.4 billion into the banking system on Friday, sparking optimism on crypto social media. While the move was intended to ease liquidity problems and supports risk assets including bitcoin, it is nothing out of the ordinary. The Fed pumped billions through overnight repo operations, the largest since the 2020
Chart becomes neutral, repeated $2.55 rejections Define next breakout zone
XRP dipped below the $2.50 mark during Tuesday’s session, falling 1.2% to $2.49 as repeated rejections at $2.55 confirmed strong resistance. The decline came on the back of heavy institutional activity, with volume rising 85% above its recent average as sellers consolidated control at the upper end of XRP’s trading range. News background The digital
Chart becomes neutral, repeated $2.55 rejections Define next breakout zone Read More »
Drops to $0.18 when ‘Death Cross’ price action appears
Dogecoin fell 2.3% to $0.1827 during Tuesday’s trading session, decisively breaking below key support at $0.1830 as the whale distribution accelerated and long-term holders began exiting positions. The decline came on the back of a deteriorating technical backdrop and increased sales activity across major wallets. News background DOGE fell from $0.1870 to $0.1827 across the
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Cautious calm returns to BTC markets as traders rebuild risk
Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin BTC$109,797.89 trades above $110,000 and Ether is at $3,880
Cautious calm returns to BTC markets as traders rebuild risk Read More »
The AWS outage shows why Crypto cannot continue to rely on centralized infrastructure
Once again, the digital economy was caught off guard when Amazon Web Services suffered its second major outage of the year on October 20, crippling exchange platforms like Coinbase and Robinhood and analytics service Coinmarketcap. It was followed by another, smaller outage just 10 days later. According to Amazon’s initial report, the October 20 outage
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ASTER zooms 20% as Binance’s CZ buys 2M tokens
DEX token ASTER surged as Binance founder Changpeng Zhao (CZ) bought approximately 2 million of them, sending a wave of speculative demand across the market. Investors interpreted the purchase as a signal of confidence from one of crypto’s most influential figures, and ASTER surged nearly 20% in response. The underlying project behind ASTER is a
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Bitcoin Price (BTC) Analysis: Patience, Calls for Long-Term Bull
That’s not exactly news to frustrated bitcoiners BTC$110,646.34 bulls risking assets across the planet for months have recorded what appear to be daily record highs, while price action in BTC remains fairly muted. “What if everyone’s looking at this wrong,” asks longtime traditional financial asset manager Jordi Visser in a heavily shared (1.5 million views
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The Court of Appeal must hear Sam Bankman-Fried’s bid to repeat the FTX fraud case
FTX founder and former CEO Sam Bankman-Fried’s bet that the US justice system will set him free three years after his empire collapsed may be coming to an end. The Second Circuit Court of Appeals will hear arguments in Bankman-Fried’s efforts to appeal his conviction and 25-year prison sentence two years and two days after
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November could be the new October for US after shutdown delays SEC decisions
October was supposed to be the month when long-awaited crypto exchange-traded funds (ETFs) finally hit the US markets. Deadlines for the Securities and Exchange Commission (SEC) to approve or reject several spot crypto ETF applications were set during the month. But when the US government shut down, the process froze – and deadlines stopped meaning.
November could be the new October for US after shutdown delays SEC decisions Read More »