Bitcoin Surges Towards $11,700, Liquidating Millions
It appears that Bitcoin investors are not fazed by the prospects of a move lower due to the CME futures gap formed at $11,100. The leading cryptocurrency has continued to thrust higher, pushing towards $11,700 just minutes ago as of this article’s writing. The leading cryptocurrency has now printed six days of gains in a […]
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The CEO of Fetch.AI (FET) has offered a reward to uncover Ocean Protocol’s move after the project was accused of liquidating millions of tokens, affecting the FET’s price and its holders. Related Reading: Bitcoin (BTC) Price Eyes $114,000 Retest Amid Bounce, But Analyst Suggests Caution Fetch.AI Vs Ocean Protocol Feud On Tuesday, Humayun Sheikh, CEO of Fetch.AI, offered a bounty $250,000 to anyone who could “uncover the OceanDAO signatories and their connections to Ocean Foundation.” The post followed last week’s allegations that Ocean Protocol had dumped hundreds of millions of FET tokens....
Promoted: As bitcoin surges, Invictus Capital's C10 fund offers investors a unique avenue for exposure. The post As Bitcoin Surges, Investors Find Invictus Capital’s C10 appeared first on Bitcoin Magazine.
Promoted: As bitcoin surges, Invictus Capital's C10 fund offers investors a unique avenue for exposure.
Bitcoin faced a swift correction below the $125,000 level after reaching a new all-time high of $126,200 on Monday, triggering widespread volatility across the market. The price retraced over 4% to around $120,000, liquidating millions in leveraged positions as traders anticipated further upside. The move caught many off guard, especially after days of strong momentum and renewed optimism that Bitcoin was preparing to enter another price discovery phase. Related Reading: Grayscale Stakes 32,000 Ethereum Worth $150 Million – Institutional Demand Grows Despite the pullback, key on-chain data....
Holders who have accumulated bitcoin over the past six months aren’t liquidating their positions despite unrealized losses, suggesting conviction in the asset.