While the leading cryptocurrency, Bitcoin, faces a dip—hitting an 8-week low just two days ago and struggling to surge past $62K—developed countries’ governments are making major Bitcoin moves. Notably, the German government transferred $271 million worth of BTC last week at an average price of $63,828. More significantly, the U.S.
In the past month, Bitcoin’s price momentum has been fluctuating between $71K and $59K. It is not potentially on the uptrend but has experienced a slight increase of 0.18% within the last 24 hours. BTC’s price was struggling to break the $65K level for a long time. At press time,
Bitcoin has been facing severe bearish momentum since mid-June. At the start of this week, it hit an 8-week low of $58,402. Several factors have contributed to the price drop, such as the announcement by the defunct bitcoin exchange Mt. Gox to distribute assets stolen from clients in a 2014
Kolo, a leading hybrid wallet, announced today the launch of its crypto card in Q3 2024. The card will allow users to directly spend their crypto assets at any Mastercard-accepting merchant worldwide, simplifying everyday crypto usage. Kolo users are encouraged to join the waitlist via the website or by using
Ethereum’s (ETH) price action over the past week saw a dip to $3,259, raising fears of a decline below $3,000. However, ETH managed to find support and is currently trading at $3,375, having risen by 1.93% within the past 24 hours. Despite this recent uptick, ETH is down 10.30% over
Bitcoin bears once again made investors sit on their toes, but this time, they made them more anxious by dropping below $59K. In the past day, Bitcoin fell by 3%, hitting an eight-week low of $58,601.70 after reaching a 24-hour high of $62,900. The bears have been making big noises
Cryptocurrency and its regulation have emerged as a pivotal topic in the U.S. presidential campaigns, sparking heated debates and diverse reactions within the crypto community. The conversation around cryptocurrency and Bitcoin (BTC) has intensified since the election campaign began in late May, drawing significant attention from both supporters and critics.
The crypto market struggles to hold its ground as bears dominate. Dipping to the $62K range, Bitcoin (BTC) tumbles under strong selling pressure. This state has blocked bullish corrections among the altcoins. The global crypto market cap has declined by 3.09% in the last 24 hours. The price dipped by
The Bitcoin market is experiencing its least bullish phase since September 2023 as the price of Bitcoin (BTC) stagnates around the $64,000 mark. Currently, it trades at $64,310 with a 0.36% decline along the trading volume facing a 7% decline in the past 24 hours. A substantial decrease in total
The crypto market witnessed a major milestone as the leading banking institution, the Standard Chartered Bank, announced the launch of a trading desk for spot Bitcoin (BTC) and Ethereum (ETH). Two insiders have confirmed that the trading desk will operate from London, as reported by Bloomberg Spot cryptocurrencies including BTC
