Recently, CoinGecko data disclosed that $2 trillion has been wiped off the market value for cryptocurrencies since last year.
Additional reports from the analyst stated that this is the most recent in a string of fakeouts that will deceive many traders into thinking the bottom is in when, in fact, the trend is still downward.
It is important to note that all qualified users of the Robinhood app who have direct access to the WebWallets functionalities are eligible for this new support.
CleanSpark joins the list of Bitcoin miners to liquidate their BTC to cover costs. The company continues to use the proceeds of sale to buy more mining rigs and expand further.
The crypto industry has lost two-thirds of its market capitalization in eight months.
Bitcoin mining giant Core Scientific has to sell more than 85% of its BTC holdings last month to repay other scheduled debts and cover operational costs.
Ever since Bitcoin price dropped to current levels of around $20k, miners are rewarded approximately $120,000 per successful mined block.
EV tycoon Tesla Inc is about to make losses due to impairment on its Bitcoin losses.
Didi Taihuttu said that his family continues to add more BTC during this recent price correction and expects the BTC price to touch $140,000 by 2025.
Central American country El Salvador has now almost made a culture out of buying Bitcoin at every possible opportunity.
JPMorgan believes that the worst of the crypto market is over and expects Bitcoin to show potential upside along with the S&P 500.
In a recent lawsuit, the CFTC has revealed what it considers the single largest Bitcoin fraud case, involving South Africa’s MTI.
Bitcoin (BTC), the cryptocurrency industry’s premier digital asset has slipped below its major support level and is currently trading below $20,000.
The Grayscale lawsuit against the SEC specifies that the company believes the Commission has no real grounds to deny the spot ETF request.
For MicroStrategy, Bitcoin is still the top digital currency, despite the downturn in market trends and volatility. And according to Binance CEO, there is common sense in such a position and Bitcoin-related decisions made by Michael Saylor.