Bitcoin is falling. Earlier today, the coin crashed to as low as $49,000, a 30% dip from July highs. Even though the coin has briefly retraced, peeling off some losses, the downtrend remains, at least from the candlestick formation in…
The cryptocurrency market has been rocked by a seismic sell-off over the past 24 hours, with the two largest digital assets, Bitcoin (BTC) and Ethereum (ETH), plummeting over 20% in value. At the epicenter of the chaos is one of…
On-chain data reveals what percentage of the entire Bitcoin userbase is still carrying a profit following the latest crash in the asset’s price. Bitcoin Has This Many Addresses Still Holding Net Gains In a new post on X, the market…
Bitcoin price started a recovery wave after it crashed below $50,000. BTC is back above $55,000 and faces many hurdles near the $58,000 zone. Bitcoin started a recovery wave above the $52,500 and $55,000 levels. The price is trading below…
Amid the crypto market slump, rumors emerged that Tron founder Justin Sun’s positions had been liquidated. Sun denied the rumors and criticized the community’s FUD (fear, uncertainty, and doubt), pledging to create a fund to help the industry. Justin Sun…
Ripple’s Q2 2024 market report recently highlighted a decline in a crucial on-chain metric that could significantly impact the the XRP price. This decline in network activity and several other factors threaten to send the crypto token to new lows…
An extraordinary reveal: Mining was never banned in China. Yes, you read that right. In fact, not only was it not banned, but Chinese miners are leading the world in innovative uses of Bitcoin mining. But what of this Reuters…
According to a recent report, the Australian Federal Police (AFP) has launched an “in-depth” investigation into several phishing scams that have compromised about 2,000 crypto wallets belonging to residents in Australia. The revelation follows an in-thorough investigation by Chainalysis dubbed…
Cardano has been among the major coins that suffered miserably in the chaotic crypto market today: the token lost 30% in value in the last week. The broader market’s slip and crash are to be blamed for the token’s poor…
The latest data from Bitcoin Magazine Pro’s Fear and Greed Index reveals that Bitcoin sentiment has dropped to a near “extreme fear” level, scoring 26 out of 100. Historically, such a low score suggests a potential buying opportunity for savvy…