Mt Gox Initiates Bitcoin Repayments to Creditors
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox…
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Bitcoin Hits New Low Since February, Options Market Stays Optimistic
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs,…
Bill Miller Explains Why Bitcoin Is Still Undervalued
Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system…
Gold and Silver Weather the Storm as Middle East Unrest Shakes Crypto Markets
Over the weekend, cryptocurrency assets saw a significant drop, with the crypto economy shedding more than 5% to fall to $2.3 trillion, while precious metals also saw declines, albeit less…
Massive Bitcoin Market Turbulence Triggers $4,500 Crash; $167M in BTC Longs Erased in 1 Hour
The price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting…
Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop
On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of…
Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says
The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that…
Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’
Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such…
Crypto Economy Rebounds With 2.13% Gain; Newcomers W, CORE, and ENA Face Downturns
The cryptocurrency market experienced a positive uptick on Thursday, reclaiming its position at $2.55 trillion, marking a 2.13% gain against the U.S. dollar. Despite a decrease in trading activity, with…
‘Wolf of All Streets’ Sees Start of Major Bull Run for Bitcoin and Broader Crypto Market — Warns of a ‘Huge Bubble’
Scott Melker, also known as the “Wolf of All Streets,” believes that we are at the start of a major bull run for both bitcoin and the broader crypto market.…
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