Bitcoin Falls To $61,300 As Mt. Gox Moves BTC, Raising Selloff Concerns
With roughly 24,081 Bitcoin still sitting in wallets tied to the defunct exchange, Mt. Gox has started moving funds again — and the timing could not be more charged. Related Reading: Bitcoin Eyeing $60,000 Support As Iran Strikes Hammer Crypto Markets Deadline Pressure Mounts The repayment deadline for Mt. Gox creditors is now set for […]
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Bitcoin’s price is under heightened bearish pressure as it falls back to the $90,000 level, raising the potential of the beginning of a bear market phase. With the price of BTC dropping fast, selling pressure is rising rapidly in the market, which is extending into the institutional landscape. Are Bitcoin Institutional Investors Exiting? In a […]
A market analyst has issued a fresh warning on Bitcoin (BTC), pointing to a shift in the cryptocurrency’s risk index as it moves back into a high-risk zone. The update comes as key price levels are broken and signs of weakness begin to emerge, raising concerns that BTC’s recovery may be losing momentum and a […]
On-chain data has identified a massive ETH transfer linked to Ethereum co-founder Jeffrey Wilcke, raising immediate concerns about potential insider selling pressure on the already fragile market. Blockchain analytics platform Arkham Intelligence flagged the large-scale transaction, drawing widespread attention across the crypto community. Ethereum Co-Founder Moves $158 Million In ETH To Kraken On March 7, […]
Bitcoin has come a long way from where it was just under one year ago, with the March 12th selloff sending the cryptocurrency to lows of $3,800 – from which point it has seen exponential upside growth. One analyst is now noting that BTC’s days seeing sharp selloff events like this one are over, with its […]
Despite weekly optimism, XRP has dropped below the $3 mark again, frustrating its community as the token falls behind broader market trends. Currently, it is trading near $2.90, down more than 4% in the past 24 hours, with a market cap of around $173 billion. Related Reading: Data Leak? Crypto.com Fires Back At ‘Unfounded’ Allegations […]