Crypto EcoBlog
In a constant downward trajectory over the past week, BTC dropped by another 3% on Monday, taking its value below $62,000 and wiping out any gains it recorded last week. The crypto market lost about 7% in value. ETH, ADA, and BNB recorded about the same losses as BTC at over 4%. SOL dropped by 7%, and memecoins collectively fell by 5%. Analysts point to continuous miner selling activity as they continue liquidating their rewards after the Bitcoin halving. Whales and miners have sold over...
Read More »CoinShares Nets 116% Gain from FTX Claim Resolution
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Read More »Mt.Gox Unveils $9B Bitcoin Repayment Plan by July
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Read More »Blocktrade Announces Acquisition by Fintech Investors, Eyes Strategic Growth
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Read More »Crypto Leaders Rally Behind Trump: Cathie Wood’s Endorsement Signals Industry Shift
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Read More »Increasing Negative Interest in BTC as Its Price Struggles to Find Upward Momentum
BTC struggles to find pace and add gains. It slumped over 3% on 21 June, dropping below $64,000, and presently fluctuates just above $64,000. It has fallen by 8% over the past month. Despite hope and anticipation for price rises, BTC has failed to find its footing and perform like it did earlier this month when it surged past $70,000. Whales and miners have liquidated over $1.2 billion of BTC within the past two weeks because of the price decreases. Factors like a strong dollar and investors...
Read More »Santiment: Bitcoin Experiencing “Extended Level” of FUD on X
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Read More »Standard Chartered Bank to Launch Crypto Trading Desk for Bitcoin and Ethereum
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Read More »Elon Musk Has No Plans to Integrate Crypto Payments on X
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Read More »Federal Judge Suggests Denying Motion to Dismiss in SEC vs Kraken Case
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