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. […]
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 […]
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 […]
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, […]
Meet Brollups: The New Layer 2 Solution by Bitcoin Lightning Hacker Burak Bitcoin developer Burak is innovating in the world of decentralized finance with the introduction of Brollups. Learn more about this exciting new development below: Key Points: Burak, known for exploiting a Lightning Network bug in 2022, is now focusing on enhancing Bitcoin’s DeFi […]
Bitcoin offers ‘economic immortality,’ will reach $10M per coin— Michael Saylor Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr. Michael Saylor, the outspoken executive chairman and co-founder of business intelligence company MicroStrategy, recently sounded off on the virtues of Bitcoin — including claiming it’ll reach $10 million per coin and […]
Bitcoin Price Analysis TON, PEPE, KAS, and JASMY could attract buying if bears fail to pin Bitcoin below $64,602. Bitcoin extended its decline by more than 3% this week as bears maintained their selling pressure. The bulls are trying to defend the STH-RP, the aggregate cost basis of Bitcoin holders — wallets storing Bitcoin for […]
Bitcoin Poised for Breakout with ‘$90K+’ BTC Price Target – New Analysis Bitcoin is on the verge of a potential breakout as key BTC price indicators hint at new all-time highs. Bitcoin remains a solid bet on higher timeframes despite disappointing hodlers for much of June. The price action is consolidating below all-time highs, displaying […]
