Wed, September 16

Fantom (FTM) Ends Prolonged Bearish Trend with 60% Surge

While the global crypto market is stumbling due to Bitcoin’s sudden plunge to the $91K zone, Fantom (FTM) has emerged as the top gainer, surging to a 9-month high. Over the past 24 hours, FTM has climbed 21.74%, rising from a low of $0.9282 to an intraday peak of $1.13—a

November 27, 2024 3 mins read

Is Long-Term Holders’ Selling Behind Bitcoin’s $92K Price Drop?

In less than 48 hours, the crypto market, and particularly Bitcoin, has taken a downturn. The cryptocurrency dropped 7% on Tuesday, hitting the $91K level after days of trading above $95,000. This price movement has had minor effects on the altcoin sector, but tokens have bounced back to previous trading

November 27, 2024 2 mins read

7 Million Adults in the UK Now Own Crypto

Financial Conduct Authority (FCA) has revealed that 12% of UK adults now own crypto assets, marking a rise from 10% in 2022. BaseFCA’sa survey of 2,199 UK adults, the FCA’s latest research highlights an unprecedented growth in cryptocurrency adoption, with over seven million UK residents now holding digital assets, up

November 26, 2024 3 mins read

Bitcoin Pullbacks to $91K Following Major Liquidations

Just an hour before, Bitcoin (BTC) saw a significant drop in the Asian trading hours, plunging into the $91K range after a loaded crypto liquidation totaling $687 million. BTC alone accounted for $178.25 million in liquidations, reflecting the market’s struggle with overheating leverage positions and profit-taking among holders.  Over the

November 26, 2024 1 min read

Semler Scientific Adds 297 BTC to Holdings, Totaling $117.8M in Bitcoin Reserves

In an announcement about its Bitcoin holdings, healthcare-focused technology business Semler Scientific revealed the purchase of 297 BTC between November 18 and 22, 2024. With fees included, the average price of a Bitcoin was $97,995, and the total cost to the business was $29.1 million. A recent release states that

November 26, 2024 1 min read

Why Is the Global Crypto Market Down Today?

The cryptocurrency market continues its slide, shedding $82 billion in the past 24 hours. The total crypto market capitalization now stands at $3.19 trillion, nearing critical support at $3 trillion. Bitcoin’s (BTC) price fell by 5.68%, trading at $92,981.58, while Ethereum and Dogecoin also suffered significant liquidations. Liquidation events spiked,

November 26, 2024 2 mins read

Bitcoin’s Sudden Plunge to $92K Erases Dogwifhat’s 15% Gains

Earlier today, the largest Solana-based memecoin, dogwifhat (WIF), saw its price climb by over 15.91%, rising from a low of $3.08 to a high of $3.57 following its listing on popular crypto exchange Robinhood. This surge was triggered by a cryptic post from the exchange on Monday, featuring the iconic

November 26, 2024 3 mins read

Rumble Expands Treasury Holdings with $20M Bitcoin Investment

While the flagship cryptocurrency Bitcoin is hitting new highs every day, Rumble, the popular video platform known for its conservative audience, is making a significant shift in its financial strategy by investing in Bitcoin. On Monday, the company’s Board of Directors approved a plan to allocate a portion of its

November 26, 2024 2 mins read

Bitcoin Dips to $93K and Stabilizes at $94K Amid Liquidation Spike

Bitcoin steadied at $94k on Tuesday, rebounding after a sharp sell-off that pushed its price below $93,000 earlier in the day. The cryptocurrency saw a 24-hour decline of 5.1%, with liquidations across the crypto market reaching $553 million, including $415 million in long positions. Bitcoin is trading at $94,408, and

November 26, 2024 2 mins read

MicroStrategy Acquires 55,500 BTC, Total Holdings Reach 386,700

The Bitcoin holdings of MicroStrategy have surged once again. The company’s total Bitcoin holdings reached 386,700 after an announcement that it had acquired 55,500 BTC for $5.4 billion. With the purchase of 55,500 BTC from November 18–24 at an average price of $97,862 per bitcoin, MicroStrategy increased its BTC yield

November 26, 2024 1 min read