Bitcoin Crashes Below $89,000 as Selling Pressure Grows
The value of Bitcoin has dropped dramatically, going below $89,000 after failing to hold important support levels. The recent fall has sent investors into panic, especially as short-term holders (STHs) are expected to sell. Source: https://www.cnbc.com/2024/11/25/bitcoin-btc-march-to-100000-stalls-heres-whats-going-on.html The SOPR metric, measuring […] The post Bitcoin Crashes Below $89,000 as Selling...
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Here’s why Bitcoin price dropped below $90k
Matrixport sees growing risk of deeper decline as Bitcoin slips below key pattern amid low trading activity. Bitcoin (BTC) broke out of an ascending broadening wedge, a typically bearish pattern, with a 6.78% drop that pushed its price down to…...
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Bybit hacker launders $250M in ETH—Still holds more than Vitalik
The Bybit hacker has laundered 100,000 ETH, about $250 million, just four days after executing the largest cryptocurrency heist. According to a Feb. 26 post on X by blockchain analytics firm Spot On Chain, the hacker who stole 499,000 Ethereum…...
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U.S. Bitcoin ETFs Post Year’s 2nd-Biggest Outflows as Basis Trade Drops Below 5%
U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) experienced the second-biggest outflows of the year on Monday, dropping $516.4 million, Farside data shows. The withdrawals, the ninth net outflow in 10 days, reflect a growing discomfort with the largest cryptocurrency, which has traded in a narrow price range between $94,000...
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Bullish Crypto Bets Lose $1.2B as Bitcoin Fumbles to Under $89K, XRP Down 14%
Crypto bulls nursed at least $1.2 billion in losses over the past 24 hours as the market slump from Monday worsened during the Asian hours on Tuesday, driving bitcoin (BTC) to under $89,000, its lowest since mid-November. Apart from Bybit, crypto exchanges report only one liquidation per second, meaning...
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DOGE struggles as BTC gains; Here’s why DOGE holders are betting big on this $0.04 altcoin
Bitcoin’s market share grows while Dogecoin faces selling pressure as DOGE holders shift their focus to WallitIQ’s $0.0420 altcoin. #partnercontent...
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Pi Network (PI) Price Volatility, Ripple v. SEC Lawsuit Speculation, and More: Bits Recap Feb 25
TL;DR PI witnessed significant volatility in the past several days, currently trading at approximately $1.52. The long-running lawsuit between Ripple and the SEC appears to be nearing a potential settlement, as recent developments indicate a shift in the regulator’s approach. Ripple’s XRP has dropped by 16% over the past...
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Ether on the Verge of ‘Death Cross’ Pattern; SOL, DOGE, BNB Below 200-Day Average
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칸예 밈코인, 러그풀 우려 제기…모금액 400만 달러 임박한 밈인덱스가 제안하는 안전 밈코인 투자 솔루션
밈인덱스(Meme Index, $MEMEX)가 밈코인에 투자하기 위한 보다 안전한 방법을 찾는 투자자들을 끌어들이면서 프리세일 모금액 400만 달러에 가까워지고 있다. 한편, 미국인 래퍼 예(Ye, 구 명칭 칸예 웨스트)가 밈코인 출시 예고와 그 사실에 대한 부정을 번복하며 암호화폐 업계에 혼란을 증폭시키고 있다. 그 외에도, 이 또한 출시된다면 또 다른 러그풀이 될 수...
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Bybit Restores Reserves After Hack: Secures 447,000 Ether Through Emergency Funding
Crypto exchange Bybit has recently announced that it has replenished its reserves following its staggering $1.5 billion hack, marking the largest breach in the history of the cryptocurrency industry. According to a report by CNBC, the exchange managed to piece together “hundreds of thousands” of Ethereum (ETH) in less...
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