Bitcoin Correction Alert: Mt. Gox and Germany Selling Pressure Bitcoin faces the risk of dropping below $60,000 due to looming Mt. Gox repayments and the German government selling off 50,000 BTC. Bitcoin could experience a 4-week correction period. Analysts predict a cooling-off phase before another price rally. RSI indicator shows oversold conditions in the market. […]
With the proliferation of cryptocurrency, the landscape of financial transactions has evolved significantly. Central to this change are the cryptocurrency exchanges, which facilitate the trading of digital currencies. There are primarily two types of cryptocurrency exchanges: crypto-to-crypto exchanges and crypto-to-fiat exchanges. This article delves into these types of exchanges, their differences, benefits, and how to […]
Bitcoin Longs Liquidated as BTC Falls Below $61K The selling pressure from the Mt. Gox repayment could cause Bitcoin’s price to drop below $60,000. Over $122 million in leveraged long positions liquidated as BTC falls Potential drop below $60,000 threshold Bitcoin Liquidations and Price Drop Over $122 million in leveraged long Bitcoin positions liquidated as […]
Financial markets can often seem like a complex labyrinth for new and seasoned investors alike. However, mastering market indicators like volume, moving averages, and other key metrics can significantly enhance one’s investment strategy. Understanding these instruments enables investors to make more informed decisions, predict market trends, and manage risk effectively. In this article, we delve […]
Mt. Gox trustee to start Bitcoin, Bitcoin Cash repayments in July After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. Mt. Gox, the cryptocurrency exchange that lost 850,000 Bitcoin in investor funds in 2024, will start repaying its defunct users. Mt. Gox’s rehabilitation trustee will […]
Can $60K BTC price support hold? 5 things to know in Bitcoin this week Bitcoin sentiment is taking a serious beating after BTC price weakness sees six-week lows return. Bitcoin kicks off the last week of June, heading for a range-low retest as BTC price action nears $60,000. Dropping another 1.25% since the June 24 […]
The cryptocurrency market, characterized by its high volatility and decentralized nature, offers a plethora of opportunities for traders. One such opportunity is cross-exchange arbitrage. This technique leverages the price differences of cryptocurrencies across various exchanges to generate profits. In this article, we will delve into the intricacies of cross-exchange arbitrage, understand its potential, risks, and […]
Japan’s Metaplanet Plans 1B Yen Bond Sale to Buy More Bitcoin Tokyo-based investment and consulting firm Metaplanet Inc. is planning to issue 1 billion yen ($6.26 million) worth of bonds to raise money to buy Bitcoin. The firm said in a Monday, June 24 notice that its board had agreed to the move and the […]
Bitcoin falls below 63K after BTC whale transactions drop 42% Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has just retraced below $63,000. Bitcoin whales slowed their transaction activity in the past two days, just before Bitcoin’s price slipped below $63,000. According to Santiment, on June 23, […]
The world of cryptocurrency is always evolving, and one of the most exciting and dynamic segments is meme coins. Made popular by coins like Dogecoin and Shiba Inu, meme coins have carved out a unique niche in the crypto space. But creating a meme coin on Base, a blockchain platform, isn’t enough; building and maintaining […]
