Bitcoin Price Tanks 8% in Minutes to $9,500 After $230M in BitMEX Liquidations
BTC fails to breach its $10,500 yet again for the third time in the last eight months. Major liquidation and miner inefficiency pull Bitcoin price lower.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
BTC fails to breach its $10,500 yet again for the third time in the last eight months. Major liquidation and miner inefficiency pull Bitcoin price lower.
Bitcoin managed to reach $10,000 again but failed to go higher. Mike Novogratz explained that the current situation in the U.S. is the reason for its growth. However, now BTC is below $9,500.
Bitcoin (BTC) has managed to go above $10,000 level. Meanwhile, riots across the U.S. are going on after the killing of George Floyd by Minneapolis police officers.
Binance Futures will now provide users with historical data to assist with backtesting and trading strategies. It will be year-to-date tick level trading data that will include official records of trade times, prices, and quantities.
Bitcoin OTC trading is believed to surge in 2020 as today crypto derivatives exchanges provide clients with high transparency ratings and impressive security.
BTC is experiencing Hodl’ing behavior from investors. According to charts, 60% of Bitcoin hasn’t moved for at least one year. This behavior may spike a bull run.
The Xtrading news feed is dubbed as a powerful and reliable tool for real-time market monitoring and also in-depth analytics.
JPMorgan Chase was accused of charging massive fees and higher interest through cash advances on customers’ crypto purchases using the Chase Bank credit cards.
The expiration of $328 million in BTC derivatives can lead to more volatility. Now Bitcoin price has gone slightly below the $9,500 level.
The characteristics of immutability, security, consensually and transparency of the blockchain, the technology that supports the Bitcoin system, have made it attractive in many other sectors.
CFDs limit the risks when it comes to trading cryptocurrencies. CryptoAltum offers such an option as anonymous trading and doesn’t charge deposit or withdrawal fees.
Human Resource and Payroll service Bitwage launches Bitcoin 401(k). The new product is set to help employers meet the PPP requirements. It was rolled out in partnership with Gemini, Kingdom Trust and Leading Retirement Solutions.
Top U.S.-based cryptocurrency exchange Gemini has announced integration with Samsung Blockchain Wallet to allow easy accessibility to its trading app by the users of the wallet.
Kevin Rooke reported that Grayscale Investment had increased its purchase rate of new Bitcoins mined after the halving event by 150%, which demonstrates an increased demand for the cryptocurrency.
Bakkt’s physically settled BTC contracts has seen larger open interest for May expiry in comparison to CME’s cash-settled ones as institutional interest in the crypto market is on a surge.