Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin’s recovery faces selling near $60,000, indicating that bears remain active at higher price levels. The bears tried to resume the downtrend in Bitcoin (BTC) on July 8, but the bulls bought the dip. Since July 5, United States-listed spot Bitcoin ETFs […]
New Bitcoin ETFs Target High-Conviction Traders Rex Shares has introduced new Bitcoin ETFs that provide 200% long or short directional exposure to Bitcoin’s price volatility. Key Points: Two new ETFs launched by REX Shares and Tuttle Capital Management T-REX 2X Long Bitcoin Daily Target ETF (CBOE: BTCL) T-REX 2X Inverse Bitcoin Daily Target ETF (CBOE: […]
Bitcoin Traders’ Profit Margins Repeat 2022 Bear Market — New Research Bitcoin is exhibiting classic bottoming-out territory when viewed through the lens of unrealized losses, CryptoQuant says. Bitcoin market conditions echo late 2022 New and large investors realizing losses could indicate Bitcoin price bottom Traders operating with negative margins Bitcoin miners in a “capitulation” phase […]
Mount Gox Repayment Impacts Crypto Market Volatility Bitcoin is experiencing significant volatility due to the influx of Mount Gox repayments into the market. Alongside the market turmoil, Mount Gox — the infamous Bitcoin exchange that collapsed in 2014 — has begun repaying its creditors, closing a dark chapter in Bitcoin history and reshaping market dynamics. […]
The World of Crypto Wallet Recovery Randomly guessing a long Bitcoin wallet password is extremely difficult Some white hat hackers specialize in brute-force attacks to recover lost passwords A case study of recovering a $3 million Bitcoin wallet by reverse engineering The Hackers Behind Crypto Recovery Offspec.io’s Joe Grand turned down the monumental task of […]
German Gov’t $354M BTC sell-off: Yet more volatility incoming? The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC. The wallet labeled German Government (BKA) on Arkham Intelligence has loaded up 6,000 more Bitcoin worth $354 million in preparation for the next round of BTC sell-offs. […]
Bitcoin sellers are trying to keep BTC price below $60K BTC price upside momentum is building, but liquidity is bunching at $60,000 in an attempt to keep the market from reclaiming lost ground. Bitcoin closed in on $60,000 on July 10 as bulls fought for key trendline support. Swift gains into the Asia trading session […]
Bitcoin Transfer Costs Reach 2020 Lows Bitcoin transaction fees hit a four-year low on July 7, dropping to $38.69. This decrease is attributed to reduced network difficulty and lower computational power requirements for miners. Key Points: Bitcoin transaction fees hit a four-year low on July 7 at $38.69. Miners remain profitable due to reduced network […]
Spot Bitcoin ETFs Buy Up $654M in BTC Over 3 Days Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree. Bitcoin investors have sent over $650 million into United States-listed spot Bitcoin exchange-traded funds (ETFs) over the last three trading days. It […]
Mining company TeraWulf pays off outstanding debt early The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment. On July 9, crypto mining firm TeraWulf announced it paid off its outstanding debt earlier than expected, in a final payment of $77.5 million. Executives […]
