Bitcoin’s recent declines may signal a deeper downturn due to US economic concerns Recent price rally halted by weak ISM index and Fed’s dovish outlook. The cryptocurrency research group 10X Research predicts that the recent declines in the price of Bitcoin could be the start of a more serious decline, citing an upcoming economic storm and the asset’s separation from the stock market. Despite a strong start to the week marked by interest in Bitcoin ETFs from three major US pension funds and...
Read More »Bitcoin Falls Below $61,000, Taking Altcoin Prices Down With It
The largest cryptocurrency, bitcoin, dropped to price levels below $61,000 from highs of over $65,000 within 24 hours. The asset also nearly peaked past $70,000 earlier in the week. This drop comes despite a US jobs report showing that only 144,000 jobs were added in the past month, a factor that should have caused the asset’s price to rise. News like that often pushes risk assets like stocks and crypto into the green territory. Massive tech stocks also observed losses on Friday, regardless...
Read More »Angry Investor to Sue Mt. Gox for Refusing to Honor Bitcoin Claims
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Read More »Kamala Harris Faces Critical Crypto Decision Ahead of 2024 Election
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Read More »Cathie Wood’s ARK Invest Offloads ARKB and COIN Holdings
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Read More »Trump’s Sneaker Site Is Selling Bitcoin-Themed Sneakers
The Trump Sneakers website, an online store he declared fully owned in his 2023 financial disclosure, listed Bitcoin-themed high-top and low-top shoes right after he concluded his speech at BTC 2024. These sneakers cost as much as $499. Resellers have already flooded secondary markets like eBay with it, listing it for as much as five times the original price. Some were seen with an asking price of $2,500. If people are shelling out that amount is yet to be known. Nevertheless, the most...
Read More »Chinese Brokerage Firm Futu Launches Bitcoin and Ethereum Trading in Hong Kong
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Read More »Riot Platforms Q2 Losses Widen to $84.4M, Buys More Bitfarms Shares
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Read More »244,000 BTC Transferred between Wallets on July 30, Here’s What It Means
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Read More »Metaplanet Joins Bitcoin for Corporation Initiative
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