Bitcoin’s bear move accelerated overnight, plunging to a fresh multi-month low below $93,000, as volatility ripped through the crypto markets with little warning. Liquidity dried up across major tokens — from Ether to Solana — prompting a flurry of liquidations, margin calls and a palpable ... ... Read full 🔴😞 Market Analysis: 19-11-00
Large Bitcoin holders have increased their positions to a four-month high of 1,384 wallets holding at least 1,000 BTC. At the same time, retail investors with 1 BTC or less dropped to an annual low of 977,420.This divergence highlights a recurring pattern: experienced whales accumulate during downtu
Internet services provider Cloudflare says that a fault in its bot detection system triggered an outage that took down around 20% of webpages, including several crypto platforms.Cloudflare said in a post-mortem statement on Tuesday that a “feature file” used by its Bot Management System to fight off
Good morning, Asia. Here’s what’s moving before the bell.Bitcoin traded slightly higher in Asia on Wednesday after briefly sinking below $90,000 to a seven-month low, as traders tiptoed back into the market while a fragile risk mood kept a lid on conviction.The token has now given up all of this yea
Malaysia's national utility firm Tenaga Nasional Bhd (TNB) has incurred losses of more than $1 billion from illegal power usage by cryptocurrency miners between 2020 and August this year, the energy ministry said.TNB found that 13,827 premises had illegally used power to mine cryptocurrency over th
U.S. Senate Banking Chair Tim Scott said Tuesday that he aims to have the committee vote on the crypto market structure bill next month."By the end of this year, next month, we believe we can mark up and vote in both committees and get this to the floor of the Senate early next year so that Presiden
XRP is facing one of its most challenging moments in recent months as selling pressure accelerates and the broader crypto market slips into a risk-off environment. Bitcoin’s collapse below key psychological levels has dragged altcoins with it, and XRP has not been spared. Analysts are increasingly w
Key takeaways:Federal Reserve balance-sheet limits and possible repo operations point to improving liquidity conditions that could boost Bitcoin and other risk assets.Fiscal strain and sector weakness currently weigh on markets, but easing tariffs and a targeted stimulus plan may support a recovery
Cardano (ADA) is once again under heavy market pressure after a series of whale-driven shocks and broken support levels sent the asset spiraling toward multi-month lows.Trading around $0.46–$0.49, ADA has slipped beneath several key zones that protected the price structure throughout 2024 and early
Dave Portnoy, the founder and owner of sports and popular culture company Barstool Sports, has revealed that he recently bought a total of $1 million worth of XRP.On top of that, Portnoy also purchased $400,000 of Ethereum and $750,000 of Bitcoin . According to data provided by CoinGecko, the token
The founder of a Chicago cryptocurrency company that had crypto ATMs throughout the U.S. has been charged for his role in an alleged $10 million money laundering scheme.CEO Firas Isa, 36, and Virtual Assets LLC, which did business as Crypto Dispensers, were charged on Tuesday with money laundering c