Tag: Bitcoin (BTC) Price

$10 Billion in Liquidations as the Crypto Market Cap Evaporated $360B in Hours

The enhanced volatility in the past day caused nearly $10 billion in liquidations in less than a day as bitcoin, and all altcoins fell hard. Naturally, over 90% of the liquidated amount came from long positions.  CryptoPotato reported earlier today the adverse price developments in the cryptocurrency market. Bitcoin fell by more than $9,000 in […]

Continue Reading

Bitcoin Price Dipped Below $52K Amid U.S. Treasury Rumors (Market Watch)

Another wild weekend in the crypto markets as Bitcoin plummeted by about $9,000 in hours amid rumors suggesting the US Treasury Department would charge several financial organizations for laundering money with cryptocurrencies. The altcoin market is also deep in red with double-digit percentages that evaporated more than $350 billion from the crypto market cap. US […]

Continue Reading

The Grayscale Bitcoin Trust on Track to Surpass the Largest Gold ETF: Bloomberg

The Grayscale Bitcoin Trust is on route to surpass the largest gold-tracking ETF in the following few months, suggested Bloomberg’s senior commodity strategist, Mike McGlone. The analyst also outlined the ongoing digitalization phase as the primary reason behind BTC’s success. GBTC on its Way to Surpass SPDR Gold Shares McGlone took it to Twitter to […]

Continue Reading

Crypto Market Cap Recovers $100 Billion as Bitcoin Reclaims $62K (Market Watch)

Following yesterday’s freefall in which bitcoin risked dipping below $60,000, the asset has bounced off and recovered about $2,000 of value. Most altcoins have also regained some ground, with some more than others. Apart from the top performer DOGE, Bitcoin Cash has spiked by 25% and has re-entered the top ten. Bitcoin Reclaims $62K After […]

Continue Reading

CNBC’s Jim Cramer Used Bitcoin Profits to Pay Off a Mortgage

Jim Cramer, the host of CNBC’s Mad Money, has disposed of half of his bitcoin holdings and used the substantial profits to pay off his mortgage. Although he classified this conversion as “phony money for real money,” the crypto community was quick to criticize his actions. Cramers Pays Off Mortgage with BTC Profits CNBC’s host […]

Continue Reading

Crypto Price Analysis & Overview April 16th: Bitcoin, Ethereum, Ripple, Binance Coin, and Cardano

This week was quite bullish for the entire cryptocurrency market. Bitcoin charted a fresh all-time high and so did a lot of other cryptocurrencies. Altcoin season is booming as the BTC dominance continues to decline. Bitcoin Bitcoin saw a 4.2% price hike this week as the coin currency sits at around $60,500. BTC had surged […]

Continue Reading

Bitcoin Slumps Below Previous ATH: ETH Reached $2550 (Market Watch)

After nearing $64,000, bitcoin’s price has plummeted by about $3,000 in a matter of minutes and tested $61,000. Most altcoins have followed along south with the apparent exception of Dogecoin. DOGE has painted a new all-time high at $0.3 after a triple-digit price surge. Bitcoin Falls by $3K The primary cryptocurrency had a mainly bullish […]

Continue Reading

Ripple’s CTO Only Has 2% of His Bitcoins Left

Ripple’s CTO, David Schwartz, has been gradually offloading his bitcoin position for years and is currently left with about 2% of his entire stack. During a recent Twitter threat, he outlined the significance of taking profits while blasting the narrative that investors can’t lose money if they don’t sell during a bear market. Ripple’s CTO […]

Continue Reading

BTC Breaks ATH But Dominance Declines as ETH Eyes $2500 (Market Watch)

Following the latest all-time high just shy of $65,000 and a subsequent $4,000 retracement, bitcoin has calmed down around $63,000. However, its dominance continues to suffer and is below 53%. This comes amid an impressive increase from Ethereum, which neared $2,500 and marked yet another record of its own. Bitcoin’s ATH and $4K Turbulence As […]

Continue Reading

Bitcoin Price Analysis: BTC Continues North, Is $70k in Sight?

The parabolic run of bitcoin does not stop. As we reach Coinbase listing day, the primary cryptocurrency climbed higher to set a new all-time high at $64,895, according to BItstamp. This happened earlier today. As of writing these lines, bitcoin retraced a bit. BTC managed to penetrate above $60,000 yesterday and closed the daily candle […]

Continue Reading