Bitcoin Dropped to 9-Day Lows, ApeCoin Spikes 6% (Market Watch)
After breaking below $20,000 yesterday, bitcoin kept nosediving and dipped to a 9-day low of just over $19,000. The altcoins seem quite stagnant on a daily scale, with ApeCoin being…
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Bitcoin Miners in Texas Halt Operations due to a Severe Heat Wave
Bitcoin mining companies in Texas turned off their machines in anticipation of extreme weather conditions. In some parts of the state, temperatures are expected to surpass 40 degrees (Celsius) which,…
Bitcoin Is Yet to Form a Resilient Bottom: Glassnode
The world’s largest cryptocurrency recorded one of the worst monthly price performances in history in June. This month, too, has been kind to it. The current market structure has many…
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…
Capital Flooding in Bitcoin and Ethereum Tends to Stay: Messari
The bloodbath will probably worsen, at least, until the end of the year as inflation will remain above 5%, and regulatory crackdowns against the industry deepen, according to the annual…
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…
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…
Wall Street Sees Bitcoin Plummeting to $10K (Survey)
A recent study conducted by MLIV Pulse revealed that 60% of the surveyed Wall Street investors believe bitcoin dropping to $10,000 is a more possible scenario than the asset rising…
Kenya is the African Leader in Crypto Adoption (Report)
A study conducted by the United Nations (UN) determined that 8.5% of Kenya’s population own digital assets, which makes up around 4.25 million people. This makes the country a leader…
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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