After the late-business week pump and dump that drove BTC to a six-day high, the cryptocurrency has returned to $26,000 as it did during the last weekend as well. Most altcoins are also calmer today, with XRP and SHIB standing out as the top performers from the larger-cap ones. BTC Back to $26K August 17 became one of the worst trading days for bitcoin this year when the primary digital asset plummeted by over $3,000 to register a two-month low of just over $25,300. It...
Read More »Bitcoin’s Rally Toward $27K Stopped, But Network Fundamentals and Whale Activity Remain Strong (Weekly Crypto Recap)
The end of last week was a lot more eventful as the primary cryptocurrency dumped hard by over $3,000 in hours to see its lowest price tag in over two months at just over $25,000. Then came the recovery attempts that saw BTC regain around a grand. However, not much has happened to bitcoin’s price since then, as the asset calmed at around $26,000. The only exceptions were on Wednesday when it dropped suddenly by over $500, and yesterday. Thursday saw a more notable price jump...
Read More »RUNE Defies Market Sentiment With 30% Weekly Surge, BTC Uncertain at $26K: Market Watch
Despite recovering a few hundred dollars since yesterday, bitcoin’s price is still shaky at around $26,000. Most alts have finally turned green, albeit in a very modest fashion, with XRP maintaining the $0.5 line. BTC Shaky at $26K After last week’s uneventful price performance, BTC headed north on Monday and touched $29,700. This came a day before Europe saw the first spot BTC ETF going live on Euronext Amsterdam. While that seems to be bullish news on the surface, the...
Read More »Michael Saylor, MicroStrategy, and Bitcoin 3 Years After
MicroStrategy’s co-founder and executive chairman, Michael Saylor, who served as the company’s former CEO for over 30 years, continues to remain bullish on bitcoin three years after his publicly-traded business intelligence company decided to make its first BTC purchase. Saylor has also made big price predictions for the asset, believing its value could exceed $1 million per coin. MicroStrategy Holds Nearly 153,000 BTC 3 Years Later MicroStrategy made history and headlines on...
Read More »BTC Slips Below $26K Again, LTC, SHIB, XRP Down 20% Weekly (Market Watch)
Bitcoin’s troubles continue as the asset has returned below $26,000 after exceeding that level yesterday following the price flash crash. Most altcoins have also seen daily declines, with ETH and BNB dropping by 1.5% once more. BTC Still Below $26K The primary cryptocurrency was stuck in a tight range between $29,200 and $29,500 for a week until a few days ago. It tried to break out toward $30,000 on Monday but was stopped in its tracks, and the subsequent rejection pushed it...
Read More »Crypto Bloodbath: Bitcoin Tumbles to $26K, XRP Leads Altcoins Downfall (Weekly Crypto Recap)
The cryptocurrency market is going through hard times. It’s been a complete disaster for the past seven days, and the worst took place today. Bitcoin’s price plummeted by a whopping 7.6% in the past 24 hours alone, bringing its total losses to above 11% for the week. The crash also led to a massive wave of liquidations worth over $1 billion in terms of leveraged positions. The volatility wiped off both short and long open interest, and the market is left crumbling. BTC is far...
Read More »Bitcoin Plummets To $25k Triggering $1 Billion In Liquidations
Bitcoin’s price plummeted on Thursday to $25,300, touching lows the asset has not seen in the past two months. The event triggered nearly $1 billion in liquidations across the entire crypto market. Bitcoin slightly rebounded after the crash, trading for $26,386 at writing time. The last time Bitcoin traded this low was in mid-June, shortly after Binance and Coinbase were sued by the Securities and Exchange Commission (SEC), and shortly before BlackRock announced its bid for a...
Read More »Why Won’t Joe Rogan Host A Bitcoin-Focused Podcast? (Op-Ed)
Famous podcast host and MMA commentator, Joe Rogan, is no stranger to Bitcoin (BTC). Having mentioned it in numerous conversations already, both he and his guests have praised the asset before for its absolute scarcity and freedom-focused properties, while contrasting it against the controlling nature of Central Bank Digital Currencies (CBDCs). He’s even accepted BTC as payment for one of his comedy shows. That said, the podcaster’s remarks on Bitcoin are often only in...
Read More »THORChain’s RUNE Explodes 20% in a Day, Bitcoin (BTC) Stalls at $29K (Weekend Watch)
Bitcoin continues to trade sideways, and the past 24 hours didn’t bring any deviation from the tight range between $29,000 and $29,500. Most altcoins are also quiet on Sunday, similar to how they performed on Saturday, except for RUNE and TON. BTC Boring at $29K The past few weeks went in a rather uneventful fashion for the typically more volatile crypto asset. This past Monday saw some movements as BTC dipped below $29,000 to mark a weekly low. However, it went on the...
Read More »SHIB, APE, PEPE Jump 8% Daily, Bitcoin Maintains $29K: Weekend Watch
Bitcoin’s price performance continues to be rather underwhelming, with the asset remaining at essentially the same spot as yesterday at just over $29,000. Most altcoins are also quite stagnant today, with little-to-no movements from ETH, BNB, XRP, and others. Shiba Inu is the only exception from the larger caps. SHIB, APE, PEPE on the Rise Shiba Inu’s largest digital asset – SHIB – has been among the best performers lately, gaining double digits in the past week, as...
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