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Over $130M in Liquidations as Bitcoin Skyrockets to a 3-Week Peak After Powell’s Rate Cut Promise

The business week ends with high levels of volatility as bitcoin’s price soared to almost $64,000 for the first time since the start of the month. This rally, which was…

Continue ReadingOver $130M in Liquidations as Bitcoin Skyrockets to a 3-Week Peak After Powell’s Rate Cut Promise

Bearish Signs? Highest Levels in 2 Years of BTC Held on Crypto OTC Desks Could Mean Trouble for Bitcoin

Crypto over-the-counter (OTC) desks, which facilitate high-volume transactions among buyers and sellers, currently hold 368,000 bitcoin (BTC), valued at a staggering $22 billion in current market prices. This marks the…

Continue ReadingBearish Signs? Highest Levels in 2 Years of BTC Held on Crypto OTC Desks Could Mean Trouble for Bitcoin