Tag: BTCUSDT

Bitcoin [BTC] Flash Drop Adds Another $500 Million to Tether [USDT] Supply

Bitcoin [BTC] Flash Drop Adds Another $500 Million to Tether [USDT] Supply

Another effort by Bitcoin [BTC] bulls to surpass $12,000 gets rejected with a flash drop to lows at $11,500. According to Datamish, the move liquidated $30 million in Bitcoin longs.  Nevertheless, the market is witnessing a quick reversal to $11,950 looking to break resistance around $12,000. The trader sentiments are bullish despite the drop. It […]

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New York Financial Watchdog Approves Bitcoin and Other Cryptos for Custody and Trading

New York Financial Watchdog Approves Bitcoin and Other Cryptos for Custody and Trading

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Bitcoin Welcomes $12,000 As Market Cap Gains $9 Billion Today

Bitcoin Welcomes $12,000 As Market Cap Gains $9 Billion Today

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Grayscale Files an SEC Form 10 For Its Ethereum (ETH) Trust

Grayscale Files an SEC Form 10 For Its Ethereum (ETH) Trust

The large cryptocurrency asset manager Grayscale Investments has filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for its Grayscale Ethereum Trust. Should the application be successful, the ETH Trust will be the second company product designated as a digital asset investment vehicle reporting to the SEC after the Grayscale […]

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$30 Million In BTC And BCH Seized By German Authorities And FBI

$30 Million In BTC And BCH Seized By German Authorities And FBI

By working together with the US Federal Bureau of Investigation (FBI), German law enforcement agencies have seized nearly $30 million worth of Bitcoin and Bitcoin Cash from two men allegedly running a large pirate streaming website called Movie2K. Movie2K’s Backstory The pirate streaming website began operating in 2008 and ran until 2013. In that timeframe, […]

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Bitcoin Price Analysis: BTC Fails to Retest $12K, is the Bull Run Over?

Bitcoin Price Analysis: BTC Fails to Retest $12K, is the Bull Run Over?

Bitcoin bulls look pretty tired right now. The leading cryptocurrency has printed the first lower high since July 21 and is currently stalling around the 0.786 Fibonacci level (white lines) at $11,743. We’ve also seen $4 billion exit the market in the last ten hours, which seems to suggest that some traders are cashing out […]

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Bitcoin Price Stopped At $11,800, Altcoins Got a Hit (Market Watch)

Bitcoin Price Stopped At $11,800, Altcoins Got a Hit (Market Watch)

Bitcoin has recovered some of its dominance over the market in the past 24 hours after breaking above $11,600. At the same time, large-cap altcoins have calmed and even taken a hit, but fluctuations are evident among lower-cap alts. Bitcoin Moves Ahead As CryptoPotato reported a few days ago, Bitcoin’s price chart was forming a […]

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Grayscale Crypto Fund Grows 15% in a Week Hitting $5.5 Billion AUM

Grayscale Crypto Fund Grows 15% in a Week Hitting $5.5 Billion AUM

Grayscale Investments has been loading up on digital assets for a while now, more so when prices have been depressed. Its Bitcoin Trust enables investors to gain exposure to the price movement of BTC through a traditional investment vehicle. This is a bonus for institutional investors seeking to expand their portfolios but not wanting to […]

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