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Bitcoin (BTC) saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal $21,000 mark.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBears lose big as Bitcoin climbsData from Cryptox Markets Pro and TradingView showed the pair tackling $20,700 at the time of writing, up over 7% in 24
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Bitcoin (BTC) delivered classic volatility on Oct. 13 as United States economic data shook markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sticks by $21,000 targetData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it presented some textbook moves to accompany the U.S. Consumer Price Index (CPI) print for September.Coming
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On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether
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Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.In a statement issued Friday, Tether explained that its lending arrangement with Celsius prevented any downside risk to its underlying business. Specifically,
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Institutional crypto-fund manager Grayscale Investments has begun the dissolution of its XRP Trust in response to the Security and Exchange Commission’s December 2020 lawsuit alleging the XRP token is a security under U.S. law.According to an announcement published Wednesday, Grayscale decided to dissolve the trust in response to the spate
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Bitcoin has seen some wild price action as of late that has put a short-term end to the
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When I woke up just minutes ago and saw the price of Bitcoin, I thought someone had pulled a joke on me; never in a hundred years did I think BTC was going to move that fast.For those who have been living under a rock or sleeping as I have,
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