The largest US-based cryptocurrency exchange informed its customers minutes ago that it is experiencing a system-wide outage but also reassured them that all funds are safe. While it may not be entirely related, the price of bitcoin reacted with an immediate price drop that drove it south by almost a grand. The Coinbase status page […]
Crypto markets remained flat over the weekend following a fall last week, dropping total capitalization to $2.38 trillion. This week’s economic calendar could induce more volatility as key inflation data is reported alongside a number of Federal Reserve speeches, which could indicate the direction of monetary policy going forward. Economic Calendar Tuesday will see the […]
The cryptocurrency market has calmed down considerably in the past 24 hours, halting the bearish assault and finding some consolidation in the process. Bitcoin’s price is trading at around $61K on Sunday morning, while Ethereum is now firmly below the pivotal $3K level. Are the Bitcoin Bulls Regrouping? As CryptoPotato reported yesterday, Bitcoin’s price experienced a sudden […]
TL;DR Bitcoin kicked off 2024 on a high note, achieving a record high over $73,500, though it later dipped to around $63,000. A new bull run may hinge on factors like technological advances, adoption rates, and global events. Key influences on BTC’s future price include potential changes in the US Federal Reserve’s interest rate policies […]
Bitcoin’s price fell 2.5% to $60,300 on Friday as Federal Reserve officials weighed their options for combatting stubborn price inflation in the United States. Bitcoin traded for $63,400, at noon UTC on Friday, before plummeting below $61,000 over the next few hours. According to Coinglass, the volatility triggered $175 million in liquidations over the past […]
Aside from a minor mid-week dip, crypto markets have been relatively inactive in the past several days and continue to trade sideways. However, around 18,280 Bitcoin options contracts are set to expire on May 10, which may inject some volatility. The notional value for this week’s batch of expiring BTC contracts is around $1.15 billion, […]
A wallet that laid dormant for 10.3 years has suddenly sprung to life, transferring all 687.33 bitcoins, worth almost $44 million, on May 6, according to Lookonchain’s latest findings. The wallet in question had received the 687.33 BTC, valued at $630,000 at that time, on January 12, 2014, when bitcoin’s price was $917 and, interestingly, […]
Markets rebounded strongly following last week’s Federal Reserve pivot and the premise of more liquidity being injected. Total crypto capitalization returned to pre-pullback levels, closing on $2.5 trillion again over the weekend and going back to the middle of its range-bound channel. This week’s economic calendar will not be as volatile as last week’s. “After […]
TL;DR BTC rebounds from recent lows to over $64,000, signaling resilience and potential bullish momentum. DOGE sees a notable 12% weekly surge, fueled partly by Tesla’s acceptance, showcasing continued investor interest. XRP maintains upward momentum, reaching around $0.53 amidst ongoing legal proceedings with Ripple-SEC lawsuit, with analysts anticipating potential bullish outcomes. BTC’s Revival The price […]
There are around 23,000 bitcoin options about to expire on May 3. These have a notional value of around $1.4 billion which has been pretty similar to previous expiry events. Crypto markets have been dumping hard all week but have recovered marginally in late trading on May 2. However, bitcoin remains under $60,000 and sentiment […]