End Of The Road? Why A Bitcoin Price Surge to $28,500 Could Lead To A Crash
The crypto market is finally seeing some green during today’s trading session, with the Bitcoin price rising above $27,000 for the first
Read MoreThe crypto market is finally seeing some green during today’s trading session, with the Bitcoin price rising above $27,000 for the first
Read MoreCrypto markets slumped Monday, possibly in part due to fears of FTX unloading its $3.4 billion crypto assets. Source
Read MoreThe launch of the BANANA token faced a catastrophic glitch, causing a drastic price drop shortly after its debut. Amidst accusations and chaos, the team is working on a recovery plan. BANANA token, a much-anticipated token of Banana Gun, a Telegram bot, was launched on Sept. 11 and immediately grabbed the
Read MoreBitcoin (BTC) reversed Monday’s decline to three-month lows under $25,000 during Asian trading hours, jumping back to around $26,000 as open interest on Binance, Bybit, OKX and Deribit fell to $4.8 billion from $5.05 billion. The decline in open interest suggests short traders were abandoning their bearish bets in what’s
Read MoreBitcoin and the broader crypto market have come under major selling pressure amid news of the FTX creditor liquidation. On Monday, September 11, the world’s largest cryptocurrency Bitcoin (BTC) faced a major price correction with its price taking a dip under $25K. However, the BTC price has recovered since and
Read MoreFTX is not the only major seller of crypto assets, venture capital funds are also under pressure to return money to their investors, the report said. Source
Read MoreTron founder and Huobi shareholder Justin Sun is considering buying FTX’s assets amid potential asset liquidation by the bankrupt crypto exchange. Tweeting on Monday, Sept. 11, Just Sun said that he is “contemplating an offer for FTX’s holding tokens and assets to reduce their selling impact on the crypto community.” Sun’s tweet
Read MoreBitcoin (BTC) is recovering from a “black swan” event last rivaled by the March 2020 COVID-19 crash, data suggests.In one of its Quicktake posts on Sep. 7, on-chain analytics platform CryptoQuant revealed a major spike in loss-making unspent transaction outputs (UTXOs).CryptoQuant: Bitcoin UTXOs in Loss "mirror" March 2020Bitcoin may be
Read MoreBitcoin (BTC) could have dropped much more last week after one on-chain metric repeated its move from the FTX crash.As noted on Sep. 5 by James Straten, research and data analyst at crypto insights firm CryptoSlate, the SLRV Ratio has “flipped” for the first time since November 2022.Bitcoin SLRV Ratio
Read MoreShiba Inu (SHIB) has recently found itself in a downward spiral. Over the past few days, the coin has been experiencing a
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