Bitcoin Financial News

14.06 / 07:55

inflation Bitcoin Bitcoin Price market value Bitcoin slumps below $23,000; crypto market value slips below $1 trillion

Bitcoin tumbled Monday to an 18-month low under $23,000 in a broad cryptocurrency crash, as investors shunned risky assets in the face of a vicious global markets selloff, just seven months after the virtual unit surged to a record high. The world's most popular crypto asset also took a heavy knock from news that crypto lending platform Celsius Network paused withdrawals, citing volatile conditions. Losses accelerated as major exchange Binance temporarily suspended bitcoin withdrawals but advised customers to use other networks. World stock markets have plunged since Friday when data showed US inflation at a fresh four-decade high.

14.06 / 07:13

Ethereum Binance Bitcoin Binance Australia CEO: regulations will establish higher standards in crypto

As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many believe.

14.06 / 06:35

UPS ETH Lowe's Bitcoin How Ethereum’s correlation to Bitcoin can affect its near-term price action

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

14.06 / 05:41

business cryptocurrency Ether Bitcoin crypto market cap Cryptocurrency Prices Today June 14: Bitcoin and Ether down nearly 18%, crypto market cap slips below $900 billion

Major cryptocurrencies traded in the red early on June 14 as the global crypto market cap declined 13.74 percent to $895.36 billion over the last day. On the other hand, the total crypto market volume jumped 60.75 percent to $149.45 billion over the last 24 hours.

14.06 / 05:41

cryptocurrency World News Bitcoin Bitcoin plunges as major crypto lender halts operations

The price of bitcoin and other cryptocurrencies plummeted Monday after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing “extreme market conditions.”

14.06 / 05:39

Ripple XRP SEC Bitcoin Bankrupt crypto Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto

Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory.

14.06 / 05:15

Bitcoin Bitcoin Price Bitcoin below $25,000! Should you buy the dip or more pain on cards?

Bitcoin slumped to $450 billion in Monday's afternoon trade. The total traded volume Bitcoin zoomed about 60 per cent as BTC tokens worth about $55 billions exchanged hands in the last 24 hours, suggested data from Coinmarketcap. Experts said that this unwarranted fall in the Bitcoin prices had taken it closer to its next support levels of $24,000 and it appears to be in the oversold zone currently.

14.06 / 05:09

Ethereum Ether price Bitcoin Bitcoin Price exits Almost $100M exits US crypto funds in anticipation of hawkish monetary policy

Institutional investors offloaded $101.5 million worth of digital asset products last week in ‘anticipation of hawkish monetary policy’ from the U.S. Federal Reserve according to CoinShares.

14.06 / 04:57

cryptocurrency World News Bitcoin Bitcoin falls 12.1% to $23,366

Bitcoin dropped 12.1% to $23,366 at 2002 GMT on Monday, losing $3,218.95 from its previous close.

14.06 / 04:03

ETH Digital litecoin Bitcoin week How crypto market bloodbath triggered outflows over $100M over the past week

Just a week can completely change the entire outcome in the cryptocurrency market. A report posted on 7 June, revealed that digital assets witnessed inflows last week despite the bearish run. This inflow amounted to $100 million bringing the total assets under management (AuM) to $39.8 billion.

14.06 / 02:41

BTC Action Bitcoin pricing Despite everything, Bitcoin’s [BTC] pricing model has something else to say

Bitcoin has finally broken out of the tight range where it was stuck for the better part of May. However, it exited the range courtesy of a strong bearish performance in the second week of June.

14.06 / 01:33

UPS Target Bitcoin Here’s how MATIC traders can make the most out of this major breakdown

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

14.06 / 01:31

markets Bitcoin Bitcoin Price Drop analysts Global Debt Support Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds

Bitcoin's month-long (BTC) choppy price action came to an end on June 13 after a deep market sell-off pressed the top cryptocurrency under the $29,000 support. The move took place as equities markets also sold-off sharply, hitting their lowest levels of the year.

14.06 / 01:31

Blockchain Ethereum Twitter Bitcoin Crypto users Crypto users take to Twitter to lament the ongoing market downturn

Crypto traders and investors started out the week with a major shock to the markets. As assets across the blockchain industry went into a collective dive on Monday, users took to Twitter to voice their dismay (or in some cases jubilation) with the current state of crypto.

14.06 / 00:35

UPS Extreme Platform Bitcoin Celsius' Withdrawal Pause Rattles Crypto World

Crypto lending platform, Celsius, announced Monday that it had paused all «withdrawals, Swap, and transfers between accounts,» blaming the move on «extreme market conditions.»

14.06 / 00:03

markets Bitcoin Luna Bitcoin Price Time bitcoin price falls Bitcoin price falls below its ‘realized price’ but is it time to buy the dip?

On June 13 cryptocurrency prices plunged deeper into bear market territory after Bitcoin (BTC) sliced through its current trading range and briefly touched $22,600, the lowest level seen since December 2020.

13.06 / 22:09

Digital Assurant Bitcoin Returns Bank of England fintech chief to ‘crypto bros’: Don’t confuse actual money with returns

The Bank of England’s head of fintech lashed out at the crypto industry, and assured potential investors that any bank-issued digital currency would be the “safest form of money available”.

13.06 / 21:42

Ethereum XRP Cardano Bitcoin Price analysis 6/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX

The United States equities markets extended their decline to start the week on June 13. The S&P 500 hit a new year-to-date low and dipped into bear market territory, falling more than 20% from its all-time high made on Jan. 4.

13.06 / 21:39

Dogecoin Shiba Inu Terra Bitcoin Luna Why only blame Terra! These crypto tokens have tumbled more than 90% from their peaks!

It is not only Terra that wiped off $40 billion from investors kitty, as its native token Luna plunged to some fractional cents after from $118 a few weeks ago. Other altcoins have also plunged upto 90-95 per cent from their peaks.

13.06 / 20:47

markets Loans Bitcoin Bitcoin derivatives Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions

Bitcoin (BTC) lost the $28,000 support on June 12 following worsening macroeconomic conditions. The United States Treasury 2-year note yield closed on June 10 at 3.10%, its highest level since December 2007. This shows that traders are demanding higher rates to hold their debt instruments and expect inflation to remain a persistent challenge.

13.06 / 20:39

Lowe's Digital Bitcoin ‘Risky’ Bitcoin may have a ‘wait and watch’ game going on for itself

With the wider crypto-market bleeding, there are many who wish to know how long the drawdown will go on for. It is in this context that during a recent edition of his podcast, Anthony Pompliano discussed Bitcoin’s on-chain analytics and what they mean.

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