$2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World
According to exchange and on-chain data, global crypto markets plunged Friday as prices slid and forced a widespread sell-off. Bitcoin fell under $83,000, while Ethereum traded below $2,800. The breakdown sent roughly $2 billion of positions into liquidation, knocking confidence and prompting quick losses across major tokens. Heavy Liquidations Rock Traders Reports show more than…
Risks To Crypto Market Ahead Of Key MSCI Ruling: Will It Spark A New Bitcoin Sell-Off?
In what could soon be recognized as the worst-performing week since November 2022, the market’s leading crypto, Bitcoin (BTC), experienced a significant downturn on Friday, plummeting to an eight-month low of $80,000. Market analysts suggest that this downturn began in earnest on October 10, when the market first exhibited signs of a downward trajectory. That…
Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms
World Liberty Financial (WLFI) said it is reallocating funds and confirming user identities after several wallets were compromised ahead of its platform launch. According to WLFI’s post on X, the company froze the affected addresses in September and has been verifying ownership before moving assets back to users who pass the checks. Wallet Breaches And…
Bitcoin Dips Below $90,000—Yet Altcoins Remain Unscathed: Here’s Why
On Tuesday, the market’s leading cryptocurrency, Bitcoin (BTC), experienced a notable decline, dropping toward the $89,000 mark, its lowest price in seven months, resulting in over $1 billion in liquidations across the crypto market within the past 24 hours. However, despite this downturn, altcoins have exhibited significant stability when compared to the performance of BTC.…
Bitcoin Price Alert: This Indicator Signals SELL, Could History Repeat With A 67% Drop?
The Bitcoin price has seen a significant pullback, retracing nearly 26% from its all-time highs, fueling speculation about the potential onset of a new bear market. Compounding this uncertainty, a fresh sell signal has emerged from one of the cryptocurrency’s key indicators, reminiscent of the past when similar signals led to a staggering 67% drop…
Trump’s Bitcoin Mining Firm Gets $100M+ Boost From Scaramucci Family: Report
AJ Scaramucci’s family has put more than $100 million into a Bitcoin mining company backed by US President Donald Trump’s sons, according to reporting on the deal. The cash came through Solari Capital, the firm led by AJ Scaramucci, and was part of a larger $220 million pre-IPO financing in July. Funding Round And Backers…
Bitcoin To Eclipse Gold, Eric Trump Says—Calling BTC The ‘Greatest Asset’ Ever
According to remarks made at Yahoo Finance’s Invest event, Eric Trump told attendees he expects a major shift in how money flows between traditional stores of value and newer digital assets. He said Bitcoin’s fixed supply of 21 million coins and growing institutional buying are key drivers. In a separate interview with Fox Business in…
From Dotcom To Crypto: Veteran Analyst Says The Bull Run Isn’t Over
According to market reports, Bitcoin fell sharply this week and pushed the Crypto Fear & Greed Index down to 10, a level tied to extreme fear. Investors and traders are asking whether this marks the bottom of the cycle or just another step lower in a run that has already seen a 25% correction. Extreme…
Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chain Data Fuels Debate
Bitcoin’s latest downturn has caused considerable speculation about whether Strategy’s (formerly known as MicroStrategy) massive holdings are playing a role in the market’s weakness. The concerns escalated sharply when wallet-monitoring platforms flagged large Bitcoin transfers linked to the company, sparking widespread claims that a major sell-off had begun. The conversation gained even more traction when…
Analyst Breaks Down Why There Can’t Be 7 Million XRP Holders
A recent comment from crypto analyst CryptoTank has brought attention to a long-standing misconception about the size of the XRP community. His post focused on the widely quoted figure of seven million XRP wallets and explained why this number does not represent the number of real holders. The clarification arrives at a time when XRP…