Tue, February 11

Friend.tech Falls 40% to All-Time Low as It Stays on Base Network

While the global crypto market faces a downturn with Bitcoin (BTC) dropping to the $57,000 zone, Friend.tech (FRIEND) recorded a new all-time low. According to the CoinMarketCap data, it dropped over 42.46% from the high of $0.4483 to the all-time low of $0.3062—a level not seen since its launch in

July 4, 2024 1 min read

Mt. Gox Redemption Alarms Sell-Off Pressure on BTC and BCH

Today, Mt. Gox initiated small transfer tests at 12:21 UTC+8, involving transactions such as sending 0.0001 BTC to Bitbank’s hot wallet and 0.0001862 BTC to unmarked addresses. These activities highlighted the anticipated distribution of 140,000 BTC and 143,000 Bitcoin Cash (BCH) by Mt. Gox, scheduled between July and October. Concerns

July 4, 2024 2 mins read

Bitcoin (BTC) Price Plunges to 2-Month Low Amid Market Turmoil

The crypto market’s window opened on an anxious note, sliding back to a valuation of $2.13 trillion.  With a dip of 4.76%, Bitcoin (BTC) plunged to a two-month low of $57.2K. The fall has caused the altcoins herd to perform at its lowest. Notably, the largest altcoin Ethereum (ETH) fell

July 4, 2024 2 mins read

Bitcoin Miner CleanSpark Boosts BTC Output by 6.7% in June

The Bitcoin mining firm CleanSpark achieved a 6.7 percent rise in Bitcoin output in June, surpassing its mid-year hashrate objective of 20 EH/s. The U.S miner had 6,591 Bitcoins (BTC) as of June 30th, which is more than $4 billion at current pricing. It only sold 8 of the 445

July 3, 2024 2 mins read

Is Bitcoin Price Facing Unforeseen Bearish Trends Before the Bull Run?

Bitcoin, the leading cryptocurrency, showed further price declines in the last 24 hours. The token has experienced several bearish price movements in June, after its bullish trends in the previous months. The leading digital asset’s persisting price dips have caused concern in the market.  Notably, over the last 24 hours,

July 3, 2024 2 mins read

US Spot Bitcoin ETF Net Outflows Resume Amid Trading Volume Decline

The 11 U.S spot bitcoin ETFs had a net withdrawal of $13.62 million on Tuesday, marking a return to negative flows after five consecutive days of inflows. According to SosoValue statistics, GBTC (Grayscale) witnessed outflow of $32.38 million and BITB (Bitwise) shed $6.76 million. In contrast, $14.12 million came into

July 3, 2024 1 min read

Toncoin and Cardano Lead Gains Amid Crypto Market Slump

The global cryptocurrency market has displayed a notable downtrend recently. Following a substantial price surge, Bitcoin (BTC) briefly climbed above $63,700 before experiencing a decline that mirrored the overall market trend. In the past 24 hours, the global crypto market saw a bearish reversal, dropping over 2.32% to $2.26 trillion.

July 3, 2024 2 mins read

Robinhood Expands Services to New US Territories Amid Market Upheaval

The popular trading platform Robinhood has added additional US regions to its crypto offerings. This growth is happening when the cryptocurrency market is experiencing tremendous upheaval, which is causing some rivals to struggle. Robinhood’s move to expand its services shows how serious it is about increasing its crypto offerings and

July 2, 2024 1 min read

How is BTC Price Affected by the German Government’s BTC Transfer?

Bitcoin (BTC) witnessed a slight spike over the day struggling to surpass higher marks. The asset’s price faced multiple r passed through several resistance-support levels over the past 30 days. BTC fluctuates within the $59,000–$71,000 range over the past 30 days. Noting an increase of 0.59% in the last 24

July 2, 2024 2 mins read

Bitcoin ETFs Attract $130M in Inflows, Marking 5th Straight Day of Gains

Monday was the fifth day in a row that the eleven U.S. spot bitcoin exchange-traded funds have reported positive flows, with a total of $129.45 million. Additionally, the net inflows on Monday were the highest for the ETFs since June 7. According to statistics from SosoValue, yesterday’s inflows were $65

July 2, 2024 2 mins read