Tag: Bitcoin

Following the sharp market downturn on August 5, 2024, Binance saw a remarkable influx of $1.2 billion, showcasing significant trader activity amid falling cryptocurrency prices.

Spot Bitcoin exchange-traded funds in the U.S. recorded net outflows of $148.5 million on Tuesday, continuing Monday’s outflows.

While the sharp decline in Bitcoin and global markets has made investors cautious, QCP Capital, a Singapore-based cryptocurrency trading company, predicts a new outlook.

Metaplanet Inc has unveiled plans to issue stock acquisition rights to all its common shareholders as part of a strategy to raise approximately 10 billion Japanese yen, or $69.13 million. Of this amount, 8.5 billion yen (about $58.76 million) will be invested in Bitcoin.

Nassim Taleb, renowned risk analyst and author of “The Black Swan”, has provided insights into the recent Japanese market crash and its effects on Bitcoin.

Ki Young Ju, the CEO and founder of CryptoQuant, has recently weighed in on the ongoing debate regarding Bitcoin’s position in the financial landscape.

The cryptocurrency market has been hit hard by a significant crash, with Bitcoin and other digital assets experiencing substantial losses.

In the latest market slump, major Bitcoin holders, known as whales, have capitalized on the situation to substantially increase their Bitcoin (BTC) reserves.

Cardano has had a rough start to 2024, seeing a 34% drop in value and falling behind other top cryptocurrencies in market cap.

Arthur Hayes, a well-known crypto investor, has forecasted that the markets might soon face another downturn following the recent crash.

A well-known crypto strategist believes that three altcoins, including the Layer-1 project Sui (SUI), are currently in a significant downtrend.

On August 5, Bitcoin and Ethereum ETFs in the US saw a significant spike in trading activity, reaching nearly $6 billion amid market fluctuations.

After August 5, one of the worst days for both crypto and stock markets, many investors chose to move away from risky assets, which affected Bitcoin ETFs in the US.

Peter Brandt, a seasoned trader, observes that Bitcoin’s recent decline resembles market trends before the 2016 bull run.

Bitcoin has bounced back after a sudden drop on Sunday that left traders reeling, hitting its lowest point in almost six months.

Tezos co-founder Kathleen Breitman has voiced concerns about Bitcoin’s status as a reliable store of value amid the recent cryptocurrency market downturn.

Financial markets are in chaos, with Donald Trump attributing the crash to Kamala Harris and the Biden administration.

The cryptocurrency market reacted swiftly to the global economic downturn over the weekend, with predictions of continued instability.

In the wake of a global market downturn affecting various asset classes, JPMorgan has suggested that a “buy-the-dip” opportunity may be approaching.

On August 5, Capula Management, one of Europe’s largest hedge funds, revealed it has invested close to $500 million in Bitcoin exchange-traded funds (ETFs).

QCP Capital’s latest report attributes the recent cryptocurrency downturn and Ethereum’s drop to heavy selling of ETH.

A seasoned trader known for accurately forecasting the May 2021 crypto downturn believes Bitcoin (BTC) is poised for a strong finish to the year.

Galaxy Digital is warning that Bitcoin layer-2 solutions might face significant financial challenges due to increased transaction fees.

Global markets, including crypto, experienced significant selling preassure, which led to major price corrections.

A prominent on-chain analyst predicts that the US government might eventually return up to 100,000 seized Bitcoin to their original owners.

After a dramatic $1 billion liquidation wave among leveraged crypto traders in the past 24 hours, Justin Sun, the founder of Tron (TRX), has unveiled a major relief initiative.

Bitcoin mining is experiencing unprecedented difficulty levels, which have reached an all-time high as of early August.

Ethereum (ETH) experienced a sharp decline of over 20% in the past day, triggering widespread panic among investors.

Today is a dark day for the global finanace as every market experienced a significan crash – from the U.S. and Japanese stock markets to crypto.

The U.S. Federal Reserve has called for an emergency meeting to address the recent dramatic downturn in global markets.

The cryptocurrency market has recently experienced a significant downturn, resulting in large losses for many investors.

The crypto market saw a significant drop in value as investors continued to abandon high-risk assets.

Over the past 24 hours, over $1 billion worth of crypto futures were liquidated as the market decline intensified on Sunday and continued into Monday.

The cryptocurrency market dropped significantly on Sunday, with investors selling risky assets.

As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump Crypto liquidated hundreds of millions of dollars in crypto assets.

The sell-off in the cryptocurrency market deepened over the weekend, with major assets extending their weekly losses.

In a recent X post, Pierre Rochard, VP of Research at Riot Platform, proposed a plan for the U.S. to address its national debt using Bitcoin reserves.

Bitcoin has experienced a 10% decline in value over the past week, dropping from a peak of $69,801 on July 29 to around $57,000.

The latest US jobs report has sparked considerable debate. 114,000 jobs were added in July, but the unemployment rate rose to 4.3%.

Bitcoin (BTC) saw a significant drop over the weekend, with the token price trying to get back above $60,000.

According to Ki Yong Ju, CEO of CryptoQuant, crypto whales are positioning themselves for the next expansion of the altcoin market.

Leaders from the crypto industry and the White House are gearing up for a virtual roundtable on digital asset policy, organized by Representative Ro Khanna.

Henrik Zeberg, a well-known trader and analyst who runs The Zeberg Report, has reiterated his prediction of a major economic downturn, the worst since the 1929 Great Depression.

Veteran trader Peter Brandt has identified a significant bearish signal for a major altcoin against Bitcoin (BTC).

The BRICS alliance is increasingly attracting new members from around the world who are willing to join the bloc and abandon the use of the US dollar for trade.

The long-awaited launch of the spot Ethereum ETF in the U.S. has not led to a rise in the ETH price. In fact, the value of altcoin has fallen since ETFs were introduced.

Kevin Svenson, a crypto analyst and trader, has highlighted a promising signal for Bitcoin’s price movement.

Financial expert Robert Kiyosaki, author of “Rich Dad Poor Dad,” recently addressed his followers on the X platform about the current market conditions.

The price of Bitcoin (BTC) has roughly doubled in the past year and continues to offer an attractive risk-return ratio for investors, according to a chain indicator that predicted bullish growth in early 2023.

Donald Trump’s chances of winning the U.S. presidential election have dropped to 54% in the Polymarket prediction platform from 72% in July.

In a recent social media post, Tether CEO Paolo Ardoino rejected the idea of investing some of the company’s profits in Ethereum.

Genesis has successfully concluded its restructuring and begun distributing about $4 billion in digital assets and cash to its creditors, according to a statement on August 2.

A prominent crypto trader known as Bluntz has predicted bearish trends for the broader cryptocurrency market.

On August 1, Bitcoin (BTC) fell to below $63,000, marking its lowest level in more than two weeks.

Popular crypto analyst Willy Wu has predicted that Bitcoin (BTC) could potentially rise over 975% from its current price.

Bitcoin core developer Luka Dashjr expressed concern about the current state of the Bitcoin community, comparing it to the situation seven years ago during the Segwit update.

Veteran trader Peter Brandt has analyzed the ongoing competition between Bitcoin and gold for the title of the ultimate store-of-value.

Bitcoin (BTC) continued its downward trend into August, with its price falling below $63,000 but quickly recovered to around $64,500 today.

XRP, one of the top cryptocurrencies by market cap, recently surged to $0.65, marking a strong performance in July. 

Bank of Russia Governor Elvira Nabiullina has stated that Russia’s digital ruble is on track to become widely adopted within the next five to seven years.