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Bitcoin Crashes to 7-Day Low Beneath $20K: UNI Slumps 8% Amid Phishing Attack (Market Watch)

The adverse price developments continued in the past 24 hours, and bitcoin slipped to its lowest position in a week, below $20,000. The altcoins are in no better shape, with…

Continue ReadingBitcoin Crashes to 7-Day Low Beneath $20K: UNI Slumps 8% Amid Phishing Attack (Market Watch)

Bearish Signs for BTC Reapper, Will $20K Hold or More Pain Ahead? (Bitcoin Price Analysis)

Bitcoin’s price has been consolidating above the 2017 all-time high range of $17K-$20K over the past few weeks, after a sharp decline from the $30K level in June. The price…

Continue ReadingBearish Signs for BTC Reapper, Will $20K Hold or More Pain Ahead? (Bitcoin Price Analysis)

Crypto Markets Lost $50B in 2 Days as BTC Slumped Towards $20K (Market Watch)

Following the relatively calm weekend, bitcoin started to lose value gradually and dipped towards $20,000. Most altcoins are also in the red today, with the most notable drops coming from…

Continue ReadingCrypto Markets Lost $50B in 2 Days as BTC Slumped Towards $20K (Market Watch)

Tether Liquidated an Overcollateralized Bitcoin Loan From Celsius Without Risk

Tether, the company behind USDT, the largest stablecoin by market capitalization, revealed that it liquidated Celsius’s position without risk to its reserves. In a press release on Friday (July 8,…

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UK Jeweler Sues Insurer Over Failure to Cover $7.5M Bitcoin Ransomware Losses

British multinational jeweler Graff Diamonds Corp. has filed a lawsuit against its insurer, The Travelers Companies, Inc. (Travelers), for failing to provide indemnity after it paid $7.5 million in Bitcoin…

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