Bitcoin BTC$63,271.85 has cut a relief bounce after plunging below $60,000 on Friday, but a bounce and a bullish revival are two very different things. The latter depends, according to analysts, on a few important price levels. “The market has become oversold enough for sharp relief hikes, especially if inflation data slows and ETF outflows […]
Recovery in bitcoin BTC$63,271.85 stalled on Tuesday, even after Strategy (MSTR) bought more of the largest cryptocurrency following the sell-off at the end of May. Bitcoin recently traded near $62,600, little changed from Monday. This follows Sunday’s 4% bounce, which briefly took prices above $64,000 on some exchanges, including Coinbase. Strategy, the largest publicly traded
Strategy’s (MSTR) bitcoin buys fail to touch BTC price: Crypto Markets Today Read More »
Circle Internet’s (CRCL) wrapped version of bitcoin BTC$63,271.85cirBTC, is live on Ethereum as the company best known for its dollar-denominated stablecoin takes on Coinbase (COIN) for dominance of the synthetic BTC market. The New York-based company said it developed cirBTC, a token backed 1:1 by the world’s largest cryptocurrency, to allow traders to access their
A popular signal confirming sustained bullish shifts in market momentum just appeared on the dominance chart of Tethers USDT, the world’s largest stablecoin by market capitalization. This may not be good news for bitcoin BTC$63,271.85the largest cryptocurrency. USDT’s dominance rate, which measures its share of total crypto market capitalization, has a golden crossover, a technical
Cardless, a company that has facilitated credit cards for brands such as Qatar Airways and Alibaba, said it developed a debit card in conjunction with crypto exchange Coinbase (COIN) for stablecoin holders unable to get one through traditional channels. The Coinbase stablecoin-secured product is for situations where a regular credit card cannot be approved on
Coinbase (COIN) and Cardless unveil credit cards backed by stablecoins Read More »
Bitcoin Stable at $63k After Strategy Buys; ETF outflows ease
Bitcoin Stable at $63k After Strategy Buys; ETF outflows ease Read More »
Humanity Protocol’s H token crashed more than 80% on Tuesday after attackers stole the private keys behind the project, draining more than $30 million, the latest in a year of crypto thefts that go after keys rather than code. About 17 wallets linked to the project were emptied, with losses exceeding $32 million and counting,
Humanity Protocol token crashes more than 80% after $32 million private key hack Read More »
The AI dip buyers that hammered crypto last week came back overnight, just not for crypto. MSCI’s Asia Pacific gauge rose 2.5%, South Korea’s Kospi rose as much as 8% with SK Hynix up 11% and the Nasdaq 100 added 1.6% as a semiconductor gauge rose more than 5%. Crypto got none of that action.
Bitcoin Steady Above $63,000, BNB, SOL Edge Higher Read More »
While bitcoin BTC$63,357.47Strategy chairman Michael Saylor blamed the AI boom for last week’s bitcoin selloff, and crypto investment firm Arca is pointing the finger at Saylor himself. “The selling pressure last week was clearly due to the Saylor/MSTR news,” Arcas Chief Investment Officer Jeff Dorman wrote in his weekly note, pushing back on what he
Saylor blamed AI for bitcoin crash. Arca has one word for it: Nonsense Read More »
Bitcoin BTC$63,244.64 may drop to $30,000, but still won’t affect Strategy’s BTC plans. That’s from Jiang Zhuoer, CEO of BTC.TOP, one of China’s largest bitcoin mining pools, who shared on X that Strategy is unlikely to sell much of its bitcoin, pushing back on a week of speculation that the company was offloading coins to
Bitcoin may fall to $30,000, but strategy won’t sell, says BTC miner Read More »
