A significant plunge in the crypto market has sent shockwaves across the industry over the last 24 hours, leaving a trail of liquidations in its wake. Around 200,000 traders were forced out of their positions as Bitcoin plunged to a seven-week low, wiping out more than $900 million in liquidations over a single day. Related Reading…
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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
The market’s leading cryptocurrency, Bitcoin (BTC), has recently attempted to stabilize around $112,000 after experiencing a sharp decline to $110,000 on Sunday, meaning a 10% drop from all-time high (ATH) levels. Ahead of the Federal Reserve’s (Fed) September meeting, market expert Doctor Profit highlighted on X (formerly Twitter) the upcoming implications and the most important…
The trend of companies establishing crypto treasuries is gaining momentum, with Sharps Technology—a small player in the medical device and pharmaceutical sector—being the last to announce a plan to raise $400 million through a stock sale aimed at funding Solana (SOL) treasury. New Solana Treasury In The Makings The capital raise, which is set to…
Bitcoin price is gaining bearish momentum below $112,500. BTC is struggling to recover and might continue to move down toward the $105,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $112,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
A sudden move by a large holder and deep-pocketed early owners are being linked to a sharp wobble in Bitcoin prices this week. Related Reading Old Whales Hold Deep Profit According to Willy Woo, supply is tightly held by OG (“original gangster”) whales who built big positions around 2011 when Bitcoin traded at about $10.…
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Following another unsuccessful attempt to create a new all-time high (ATH), Bitcoin (BTC) dropped to a weekly low of $110,820 on the Binance exchange yesterday. The world’s largest cryptocurrency by market cap has now entered a clear pullback phase, with $105,000 emerging as the critical support level that traders are closely watching. Bitcoin Falls To…
Bitcoin’s price action this month has left traders watching closely as big players double down on bullish calls. According to VanEck’s research, the investment firm has reaffirmed a $180,000 year-end target even after Bitcoin slid from a recent high, a sign that some institutional buyers are not backing away despite a pullback. Related Reading Institutional…