TL;DR Bitcoin’s price briefly dropped below $54,000, triggering a market-wide correction, but increased interest in buying BTC suggests some view this as a “buy the dip” opportunity. Metrics like the Relative Strength Index (RSI) and the Fear and Greed Index indicate the asset is oversold and in fear territory, which might be interpreted as a potential signal for a rebound. A Buying Opportunity? Bitcoin (BTC) saw its price plunge by over 5% on July 5, sinking below the...
Read More »HODL Instead of Sell: German MP Criticizes Government’s Approach of Selling Bitcoin
German Member of Parliament and Bitcoin advocate Joana Cotar has called on the government to halt its rapid Bitcoin sell-offs. Cotar argued that it is neither “sensible” nor “productive” and believes that Bitcoin should be adopted as a strategic reserve currency to safeguard against economic instability. Joana Cotar Criticizes German Bitcoin Sell-Offs In a July 4 post on X, Cotar expressed her concerns about the government’s current strategy, stating, “Instead of holding...
Read More »Bitcoin Cash (BCH) Price Nosedives after Mt. Gox Repayment News but There Is Catch
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Read More »Crypto Bloodbath: Bitcoin and Altcoins Plummet, Mt. Gox Starts Repayments, German Govt Contineus Selling: Weekly Crypto Recap
What a week it’s been… The cryptocurrency markets ultimately took a turn for the worse, but they haven’t been without their moments. The bottom line is that the total capitalization lost a whopping $200 billion, which is more or less 10% in the past seven days alone. This came on the back of considerable losses from Bitcoin, but especially from the altcoins. In fact, the BTC dominance – a metric that gauges its share relative to that of the rest of the market – is up by about...
Read More »Crypto Stocks Tumble in Premarket as Bitcoin Continues to Slide
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Read More »334 Bitcoin ATM Go Offline Globally as BTC Price Plummets
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Read More »Using Bitcoin for Online Casino Transactions: A Guide
Bitcoin has become a popular payment method for online casino transactions in recent years. As a decentralised digital currency, Bitcoin allows for fast and secure transactions without intermediaries like banks, making it an attractive option for online casino players who value privacy and convenience. Using Bitcoin for online casino transactions requires a basic understanding of cryptocurrency’s workings. Players must set up a Bitcoin wallet and purchase Bitcoin from a reputable...
Read More »Bitcoin ETFs Can Trigger Large Liquidations Soon, Predicts Peter Schiff
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Read More »Bitcoin and Ether Options Expiry Looms, What’s Next for Crypto?
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Read More »More Details About the Mt. Gox Bitcoin Repayments: What’s Next?
The defunct cryptocurrency exchange Mt Gox has finally commenced creditor repayments ten years after filing for bankruptcy. According to an announcement from the Mt Gox Rehabilitation Trustee, the defunct estate distributed bitcoin (BTC) and Bitcoin Cash (BCH) payments to some creditors on July 5 through designated crypto exchanges linked with the repayment plan. Mt Gox Begins Repayments The Mt Gox trustee will continue repaying other creditors when certain conditions are...
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Bitcoin (BTC)
