Bitcoin (BTC) has largely given up yesterday’s modest rebound, returning to $61,900 in morning trading in the US, down 0.8% in the past 24 hours. The US non-farm payrolls report for May will arrive in a few minutes. Although the interest rate outlook has taken a backseat to other concerns amid this week’s crypto price […]
Bitcoin below $62,000 ahead of jobs data as Zcash bug shakes crypto Read More »
In recent weeks, Bitcoin BTC$61,875.23 Sentiment was most bullish when the price was highest and most bearish exactly when it was most stressed, according to Santiment data covering the period May 21 to June 4. The bullish peak hit on May 22, with bitcoin near its high of $78,000 for the period. The most bearish
BTC Sentiment Peaked Bearish at Recent Price Lows, Bullish Peak Near Highs: Crypto Daily Read More »
The crypto market is on the verge of a major price breakout after experiencing one of its worst weeks since July 2024. Bitcoin BTC$61,875.23which is currently trading around $62,500, has lost more than 14.5% since midnight UTC Monday morning, while ether (ETH) has plunged more than 17%, falling 5.5% on Friday alone. Ether, the second-largest
The largest US banks, including JPMorgan, Citi and Bank of America, plan to build a shared, tokenized deposit network by the first half of 2027 to protect their deposits from the threat posed by stablecoins, the Wall Street Journal reported. The system will be operated by The Clearing House, the payments company collectively owned by
new video uploaded: The sustainable cost of earning a degree in a tough job market Times business reporter Sydney Ember spoke with recent college graduates who are struggling to find work. She explains how starting a career in a weak job market can leave lasting scars on wages and opportunities. By Sydney Ember, Nour Idriss
The sustainable cost of earning a degree in a tough job market Read More »
U.S. spot bitcoin ETFs recorded a tiny net inflow of $3.05 million on Wednesday, breaking a 13-session buyback streak that has drained more than $4.4 billion from the cohort since mid-May. The outflows caused total Bitcoin ETF assets to drop to $80.40 billion from $104.29 billion at the start of the streak. BlackRock’s IBIT, the
Bitcoin and Ether ETFs end record multi-billion outflow streak Read More »
Bitcoin BTC$61,875.23 continues to lose ground and the price quickly closes at $60,000 amid record ETF outflows. The $60,000 level has been widely cited by analysts as major support, below which the selling could become even more brutal. Jean-David Péquignot, chief commercial officer of leading crypto options exchange Deribit, said the price is not only
Here’s What Could Happen If Bitcoin Falls Below $60,000 Read More »
Bitcoin fell to $62,715 on Friday, down 1.9% for the day and 14.5% for the week, as the artificial intelligence trade that fueled global risk assets through 2026 lost steam. Ether fell 4.8% to $1,696 and is now down more than 15% for the week, while Solana fell 5.4% to $66.51, bringing its seven-day loss
Bitcoin Plunges Near $62,000 As AI Trade Unwinds, HYPE Falls 14% Read More »
Forward Industries deposited 455,784 SOL worth approximately $31.87 million on Coinbase Prime on Friday after a month of dormancy, according to onchain tracker Lookonchain. The transfer is the first significant move in the company’s treasury holdings in more than four weeks and lands amid a sharp Solana pullback that sent the token down 18.5% for
Bitcoin Could Fall to $60,000, Zcash Plunges 37% Read More »
Privacy-focused Zcash (ZEC) has taken a beating over the past 24 hours, falling around 30% to $400 amid broader market weakness. The sell-off accelerated after Shielded Labs, a non-profit developer of Zcash, disclosed a critical vulnerability in the blockchain’s Orchard privacy pool that could have threatened the integrity of the token supply. On Thursday evening,
Zcash drops 30% as Shielded Labs reveals major bug that went undetected for four years Read More »
