Crypto Market News

Bitcoin crashes 6% to 7-Week Low Amid Broader Market Decline

Bitcoin crashes 6% to a 7-week low as broader market assets decline. The cryptocurrency fell below $76,000 amid a significant sell-off in stocks.

Bitcoin price faces $77.7K support loss risk

Bitcoin price faces risk of losing $77.7K support, potentially turning it into resistance as recent investors experience losses.

Bybit WSOT 2024 Concludes, Sets New Industry Benchmarks

The Bybit WSOT 2024 trading competition concluded, setting new industry benchmarks with a record prize pool and over $100 billion in trading volume.

Bitcoin held up better than expected after exchange hack

Bitcoin held up better than expected after a $6.3 billion hack. Strive CEO stated it doesn't impact the long-term investment thesis.

Bitcoin Risks Worst October Amid Broad Market Downturn

Bitcoin faces its worst October performance since 2014, struggling below $80,000 amid a broad market downturn and AI concerns.

XRP Exchange Inflows Exceed 6 Billion Tokens in 30 Days

Over 6 billion XRP exchange inflows tokens deposited in exchanges in 30 days, reaching a seven-month high. This indicates increased trading activity.

Bitcoin long-term resistance at $85,000 presents selling risk

Bitcoin faces significant long-term resistance around $85,000, posing a selling risk as a large entity holds a substantial portion of supply in this range.

Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts

Bitcoin faces pressure after the Fed holds rates steady, signaling a hawkish stance. The Fed’s hawkish rate hold keeps Bitcoin under pressure.

Bitcoin Seeks Support Amidst Broader Market Downturn

Bitcoin (BTC) is seeking support after a decline below $81,000, with its price action focused on regaining its 50-day SMA amidst a broader market downturn.

Moody’s Rates Ripple’s $2.6B RLUSD Stablecoin A2

Moody's assigns A2 rating to Ripple USD (RLUSD) stablecoin, citing high-quality reserves. Moody's Rates Ripple's $2.6B RLUSD aims for 103% coverage.

Intel, Oracle, IBM Object to Tokenized Stock Venue

Intel, Oracle, and IBM object to the OKXICE tokenized stock venue, joining 23 other issuers in opposition. The platform aims to enable 24/7 trading.

Bitcoin price rises with US stocks on strong Q3 earnings

Bitcoin price rises with US stocks on strong Q3 earnings, mirroring the upward trend in equities as major companies surpass profit forecasts.

Metaplanet to take 93.7% Super League stake with Bitcoin

Metaplanet to take 93.7% stake in Super League, injecting 2,100 BTC and $2.5M cash to become a publicly traded Bitcoin treasury company.

Bitcoin May Seek 20-Month Trend Line Reclamation

Bitcoin is attempting to reclaim its 20-month moving average at $87,165, a level identified by CryptoQuant as a critical "inflection frontier" that historically precede..

Thailand Crypto ETFs Anticipate Modest Initial Inflows

Thailand's new crypto ETF rules allow local access to Bitcoin and Ether ETFs, with modest initial inflows expected. New rules effective Friday.

Bitmine Sets 5% Ether Supply Hard Cap

Bitmine Immersion Technologies is nearing its goal of capping Ether holdings at 5% of the total supply. Bitmine sets 5% as a hard cap.