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Bitcoin price failed to clear $18,000 and corrected lower. BTC is signaling bearish signs and might even start a fresh decline in the coming sessions. Bitcoin started a downward move and traded below the $17,600 support. The price is trading below $17,500 and the 100 hourly simple moving average. There was a break
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FTX Group, which includes the FTX.com entity as well as FTX US, Alameda Research and “approximately 130 additional affiliated companies” have all filed for chapter 11 bankruptcy proceedings, according to a press release. CEO and founder Sam Bankman-Fried also resigned his role, but will "assist in an orderly transition." John
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Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepping down as CEO. Bitcoin, Ethereum and MicroStrategy comparison. Source: TradingViewCrypto-linked stocks declineMicroStrategy (MSTR), led by the outspoken advocate of Bitcoin Michael Saylor,
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Weekly transactions on Arbitrum have soared over 555% since August. Crypto traders see huge potential for the ecosystem. Original Source
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Bitcoin started a fresh decline below the $20,000 support zone against the US Dollar. BTC traded below $19,000 and remains at a
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The shares of crypto miners, which are most exposed to the price swings of the digital currencies they mine, were the worst hit. Stocks of some of the largest, such as Core Scientific (CORZ), Riot Blockchain (RIOT) Marathon Digital (MARA), fell more than 6% in early U.S. trading. Source
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The collection amassed huge popularity in crypto circles but its creator has now acknowledged being the person behind a pseudonymous account allegedly linked to hate and a suicide cult. Original Source
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Bitcoin (BTC) is down by 11% over the past 24 hours while altcoins underperformed. Sentiment indicators are in "extreme fear" zone, similar to what occurred in January. Still, BTC could see further downside before a definitive low. Source
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On Tuesday, the crypto market looked good in comparison to Netflix (NFLX). The shares of the world’s leading streaming company fell 27% to $256 in after-hours trading reaching 2019 levels after announcing a massive loss of 200,000 subscribers in the first quarter of 2022. This translated to roughly a $40 billion
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In an interview with CryptoX TV's "First Mover" program, Scott Freeman, co-founder and partner of financial services firm JST Capital, suggested the global unrest was hurting bitcoin's price, despite major buys over the past 10 days by Terra's Luna Foundation and MicroStrategy (MSTR), which purchased over $190 million in the
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