A veteran Bitcoin developer has ignited controversy after promoting a Joker-themed meme coin in exchange for $5,000, a move that triggered wild price swings and divided the crypto community. Peter Todd, who contributed to Bitcoin’s early development, endorsed the “HAHA” Pump Fun token on X on Aug. 17. His post read, “One bad day… one…
The cryptocurrency market is experiencing significant price declines, particularly among the three largest digital assets: Bitcoin (BTC), Ethereum (ETH), and XRP. Following record-breaking rallies in the previous week, these cryptocurrencies have seen notable losses, with Ethereum down 5.2%, XRP dropping 3.8%, and Solana (SOL) slipping 6%. Even memecoin Dogecoin (DOGE) has not been spared, losing…
Strategy Inc. has bought more Bitcoin while markets wobble, adding another small slice to its vast crypto treasury. According to the company, it purchased 430 BTC for about $51.4 million, at an average price near $119,666 per coin. The move keeps Strategy in its familiar role as one of the largest corporate holders of Bitcoin….
The crypto market continues to be in slight bearish mode as Bitcoin slipped below $115,000 and Ethereum fell under $4,200, contributing to over $400 million in liquidations in the past 24 hours. Most sectors saw declines, with DeFi and Meme tokens dropping more than 2%, while the PayFi sector remained relatively resilient. Despite the broader…
Japanese Bitcoin treasury company Metaplanet has announced a fresh BTC acquisition, adding $93 million worth of the asset to its reserves. Metaplanet Has Expanded Its Bitcoin Treasury Holdings As revealed by Metaplanet president Simon Gerovich in a new post on X, the company has acquired another 775 BTC. The purchase occurred at an average price…
The crypto asset investment market experienced its first weekly outflows in over three months, according to the latest data released by CoinShares, a leading European asset manager specializing in cryptocurrencies. The firm’s weekly report shows that digital asset investment products recorded net outflows of $223 million during the past week, halting a 15-week streak of…
Bitcoin price is correcting gains and trading below $118,000. BTC is still showing some bearish signs and might decline toward the $112,000 zone. Bitcoin started a downside correction below the $118,000 zone. The price is trading below $116,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
Bitcoin’s momentum has slowed after reaching a new all-time high above $124,000 last week. The cryptocurrency has since moved lower, with its price slipping by nearly 10% from that peak. At the time of writing, BTC is trading around $115,424, reflecting a 2.5% decline in the past 24 hours. The retracement has drawn attention to…
Bitcoin is at $117,000, down less than 1% in the last 24 hours, with a market cap of $2.32 trillion and $73 billion in daily volume. Price is consolidating above $116,000, where support has held in recent days. The chart shows a narrowing wedge, often a precursor to big moves in either direction. The 50-period…
Bitcoin has been moving sideways, and traders are starting to lose patience. The world’s largest cryptocurrency couldn’t hold recent highs, sparking talk about whether the market is bracing for a sharper swing. Some analysts say the pause is normal, others warn it could be the calm before the storm. Traders Watch Price Levels Closely Popular…