Bitcoin’s price tumbled to nearly $75,000 earlier, marking a decline of about 2% for the day. The move was sudden, which raised more than a few eyebrows. Analysts have started speculating about what caused the cascading red candles, and many are pointing to the involvement of BlackRock’s spot BTC ETF, IBIT. Source: TradingView Largest Dark […]
Bitcoin prices slid back below $76,500 on Tuesday morning, down 1.5% from its intraday high of $77,700 on Monday. The move followed reports that the United States had resumed strikes on Southern Iran, targeting missile sites and boats attempting to place mines. The strikes were carried out “to protect our troops from threats posed by […]
Bitcoin (BTC) climbed back toward $78,000 on Monday after analysts tied the latest rebound to easing tensions between the USA and Iran, and the prospect of a broader recovery across risk assets. Traders who spent much of the past two weeks bracing for another leg down are now watching whether the flagship cryptocurrency can reclaim […]
XRP has spent the better part of three months going nowhere while Bitcoin (BTC) climbed from around $60,000 to $80,000, and one chart analyst is done pretending otherwise. According to them, the gap between community expectation and actual market performance has rarely looked wider. XRP Has Been Losing Ground to Bitcoin Since 2017 UK-based technical […]
Crypto markets have remained flat over the past day, but had a weekend boost after US President Trump hinted that a “largely negotiated” deal with Iran was imminent. “It also appears further progress has been made toward a 60-day ceasefire extension for the Iran War,” said the Kobeissi Letter. This week will see key inflation […]
Last week saw heavy outflows in crypto-related exchange-traded funds, while a memory chip ETF became one of the fastest-growing funds in history. Bitcoin’s price failed to chart notable gains in the interim and is up by 0.6%. Many altcoins saw similar price action, with a few exceptions, such as Hyperliquid’s HYPE, which soared by around […]
After a few days of highlighting threats that a peace deal might not be reached soon, which increased the selling pressure on the crypto market, US President Donald Trump announced the opposite hours ago. The effects were immediate as bitcoin erased almost all Friday and Saturday losses, jumping to $77,000. Peace Deal Coming Soon? CryptoPotato […]
After he was officially backed by US President Donald Trump during his first term, Jerome Powell was sworn in as Chairman of the Federal Reserve on February 5, 2018. He spent the next eight years and 100+ days as head of the financial institution, but experienced a massive fallout with Trump that led to countless […]
Bitcoin traded above $82,000 during the previous business week, but it was violently rejected and dropped by over seven grand in the following days to a monthly low of $75,000 marked during the night. Here are some of the possible reasons behind this correction. Trump Media, Cuban Sell Off CryptoPotato reported yesterday that one of […]
US President Donald Trump made some bold and bullish promises during his election campaign in 2024 for the cryptocurrency industry, but the actual implementation has been controversial to say the least. Although his team has launched certain digital asset projects and initiatives, such as accumulating BTC for one of their companies, they continue to sell […]