Bitcoin’s struggle to reclaim $10K came to an abrupt end as the price abruptly dropped to $9,100. Bitcoin (BTC) fell to a two-week low today as ranging price action below $10,000 gave way to fresh bearish behavior.Cryptocurrency market daily overview. Source: Coin360BTC price drops 8% to test $9,000Data from Cointelegraph Markets and CoinMarketCap showed BTC/USD…
A cautious mood in the Bitcoin futures markets contrasts with Binance’s optimistic launch of quarterly contracts. Cryptocurrency exchange Binance has launched a new Bitcoin (BTC) futures product despite institutional investors showing fresh uncertainty about the future.In a blog post on June 11, Binance revealed its quarterly futures contracts had gone live, with settlement due in…
The second transaction occurred within a day of the first one, pointing towards a bug in the wallet The unknown Ethereum wallet which hit headlines yesterday for sending a $2.6 million transaction fee for a $133 transaction has done it again. Today, the wallet sent another transaction fee of 10,668.73185 ETH ($2,635,603.52) for a transaction…
Institutional investors are showing greater interest in cryptocurrency and this could result in a sharp move within the next few days. About one-third of institutional investors surveyed by Fidelity said they have invested in digital assets. 25% of the survey participants said that they hold Bitcoin (BTC) and 11% confirmed that they hold Ether (ETH).…
Bitcoin price rejected above $10,000 for the third time in a month, showing the multi-year resistance level remains a challenge for bulls to overcome. Within the last hour Bitcoin (BTC) price rose to $10,180 on BitMEX before quickly reversing to $9,600. The quick rejection means that for the third time in 30 days Bitcoin price…
Strong network fundamentals, accumulation by institutional investors, and BTC’s year-to-date performance point to a positive future for Bitcoin. Data published today from Cointelegraph Markets and on-chain data provider lookintobitcoin found that the Bitcoin (BTC) price remains well positioned as on-chain analysis and BTC’s reaction to global events continue to play to the crypto asset’s strengths.Bitcoin’s…
Spark Pool, who received the fee, has decided to freeze its distribution until the sender is tracked down In a puzzling turn of events, an Ethereum wallet has spent about $2.6 million in transaction fees, while the actual value of the transaction is only around $133. The mysterious transaction occurred at around 9.47 UTC, with…
The largest cryptocurrency’s gradual “decoupling” from stocks may see a major test in the coming weeks, warns eToro’s Yoni Assia. The CEO of a major trading platform has warned that a new stock market crash will come in less than a month, and investors should pay attention now.In a series of tweets on June 11,…
Bitcoin price is stalling under $10,000 while the U.S. stock market nears a record high. The Nasdaq, an index which primarily represents tech stocks like Amazon, Microsoft, and Alphabet, has surpassed 10,000 points to hit a new record high. The move above 10,000 effectively erased all the losses suffered from the coronavirus pandemic, yet, the…
Zilliqa may be due for a correction after monstrous gains as (ZIL) price is running into some considerable resistance levels on the charts. While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). Zilliqa, in particular, the 40th-ranked cryptocurrency by market…
The latest analysis from Willy Woo shines an amusing light on gold’s performance as an investment over the past eleven years. A $1 investment in Bitcoin (BTC) in 2009 would buy a luxury yacht today — but $1 of gold would only buy you a chocolate bar.That was the result of a comparison from statistician…
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