Bitcoin price today: Plunges to $86,000 as Yearn Finance pool breach shakes markets
Bitcoin price today: Plunges to $86,000 as Yearn Finance pool breach shakes markets Read More »
This is a technical analysis article written by CoinDesk Analyst and Certified Market Technician Omkar Godbole. A widely watched momentum indicator flashed red, a warning that signaled the start of extended bitcoin trading. BTC$86,208.30 slowdowns in every major cycle since 2012. This indicator is the moving average convergence divergence (MACD) histogram of the monthly chart.
Bitcoin Bear Market Confirmed, Ether Sees Death Cross Read More »
Crypto markets were hit by a new wave of forced liquidations early Monday, as nearly $646 million in leveraged positions were wiped out on major exchanges, adding to the month’s bruising close and extending losses in bitcoin, ether and large-cap altcoins. Data from Coinglass shows that long positions accounted for almost 90% of the total,
BTC, XRP, ETH and ADA Plunge as Bitcoin Drop Liquidates $500 Million Read More »
Dogecoin plunged nearly 8% after collapsing from its most important support level, triggering a wave of high-volume liquidation that eclipsed moderate ETF inflows and sent memecoin to new monthly lows. • DOGE ETFs from Grayscale and Bitwise only generated $2.16 million in inflows in first week• The launch of the ETF was expected to attract
Dogecoin Falls 9% Amid Bitcoin Weakness. Is a bigger landfill coming? Read More »
Mainland China has reiterated its anti-crypto stance, pledging to step up its crackdown on speculation in virtual currencies, according to a report from China Daily. Virtual currencies do not have the legal status of fiat money and cannot be used as money on markets. All related activities are considered illegal financial operations, officials from the
China to step up crackdown on virtual currencies, including stablecoins: report Read More »
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed overview of US markets, see Crypto Daybook Americas from CoinDesk. Bitcoin fell below $90,000 in Hong Kong morning trading
BOJ Rate Hike Bets Trigger Asian Sell-off, Bitcoin Fall Read More »
Bitcoin BTC$90,993.53ether ETH$2,842.88 and other major tokens slipped early Monday, extending a bruising November close amid fresh panic from DeFi platform Yearn Finance. BTC, the top cryptocurrency by market value, fell more than 3% to nearly $87,000 in early Asian trading hours. Ethereum’s native token ETH fell 5%, while SOL, DOGE, and XRP fell more
Bitcoin Falls to $87,000 Amid Yearn’s yETH Exploit Read More »
Brazil’s crypto market is moving billions of dollars a month and regulators are taking notice. In a technical presentation at the Blockchain Conference Brasil, Flavio Correa Prado, auditor of Brazil’s tax authority, Receita Federal, revealed that crypto transactions reported under existing rules reached between $6 billion and $8 billion per month. If current trends continue,
Stablecoins generate 90% of Brazil’s crypto volume, tax administration data shows Read More »
Over the past twelve months, Michael Saylor, executive chairman of Strategy (MSTR), has maintained a consistent pattern, posting a playful X message almost every Sunday using a chart with orange dots to suggest a Monday announcement of additional bitcoins. BTC$90,993.53 purchases. The trend seemed to break at least a little this Sunday, with Saylor posting
Any news on major strategies (MSTR) coming tomorrow? Read More »
Bitcoin digital asset treasury (DAT) companies have been making headlines in recent weeks, and often for the wrong reasons. A sharp decline in crypto markets and a more than 40% drop (as of November 27) in the stock price of the world’s largest Bitcoin holding company, Strategy (MSTR), this year has led some to question
Is the Bitcoin (BTC) Digital Asset Cash Flow Model Broken? An industrial banker says no Read More »
