Bitcoin, the world’s leading cryptocurrency, has taken a sharp dive. Its price fell below $58,000 for the first time since early May. This marks a significant drop of about 5% in just 24 hours. Several factors are behind this sudden price fall. One major reason is the upcoming repayment from Mt. Gox, a defunct crypto […]
BTCUSD Bulls Succumb and Sellers Regain Control Bitcoin has succumbed to selling pressure. The market has faced prevailing sell pressure around the $63,870 level, marking the end of the cryptocurrency’s recent attempt to make a higher high. Sellers have been in control since last month, following the buyers’ pullback around the $72,000 zone, which confirmed […]
Introduction of Trezor Safe 5 Trezor has introduced the Trezor Safe 5, its latest flagship device, boasting enhanced security features and a haptic color touchscreen, alongside a new personalized onboarding service called Trezor Expert. This announcement marks a significant milestone in Trezor’s commitment to providing secure and user-friendly solutions for managing digital assets. Hands-On Experience […]
Bitcoin adoption grows despite June price slump as new addresses surge. BTC faced a challenging June with a consistent price decline, disappointing many short-term investors. However, on-chain data reveals a bullish outlook for the cryptocurrency. The number of new Bitcoin addresses has increased to 352,124, the highest level in the past two months, indicating rising […]
Bitcoin Consolidates as Sellers Hit Roadblock at $60,640 Level Bitcoin (BTCUSD) has encountered sellers facing resistance as the price consolidates around the crucial $60,640 level. Throughout this month, Bitcoin sellers have shown significant strength by pulling the price through key levels. However, buyers have now entered the scene, challenging the bearish sentiment. After buyers lost […]
Willy Woo predicts a 10x bitcoin surge as the financial world embraces cryptocurrency. Cryptocurrency trader and entrepreneur Willy Woo recently shared a bullish outlook for Bitcoin (BTC) on the X social media platform, formerly known as Twitter. Woo also highlighted that the financial sector now recognizes Bitcoin as a rapidly emerging asset class. Crucial Bullish […]
BTCUSD Buyers Gain Traction Bitcoin buyers regain footing as recovery momentum builds. The BTCUSD has experienced a shift in sentiment, with buyers gaining strength and recovering ground around the $58,530 significant level. This week, buyers have initiated a solid pullback, showing willingness to counter the previous sell-side trend. Recently, there has been rejection around the […]
In a major development that’s got the crypto world buzzing, Mt. Gox is finally ready to pay back its users. The infamous Bitcoin exchange that went bust in 2014 will start giving out money in July 2024. This news has sent ripples through the crypto market, with Bitcoin’s price taking a hit. Mt. Gox owes […]
Bitcoin is Facing Bearish Pressure Near the $63,600 Key Level BTCUSD bearish strength lingers as buyers continue to lose grip. The crypto market trend shifted earlier this month, with bears charging through the $63,600 significant level and refusing to relent. After struggling around the $72,000 market area, consolidation at this level has pressured buyers, causing […]
