Category Archives: Bitcoin

Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump

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Popular Bitcoin critic Peter Schiff dismisses claims of growing institutional interest in the maiden cryptocurrency. Schiff’s challenging statement comes following the recent Bitcoin market sell-off which resulted in a 10% price decline on Friday. Peter Schiff Claims Little Institutional Demand For Bitcoin According to blockchain analytics platform Lookonchain, the German and US governments, and defunct… Continue reading Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump→

Bitcoin Woes Not Over? Analyst Predicts Further Crash To $47,000

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Although Bitcoin has reclaimed the $56,000 price level in the past few hours, its sudden drop below $54,000 on July 5 has reminded investors of the intense volatility associated with the market. In the larger timeframe, Bitcoin has been down by 7% and 20.25% in the past seven and thirty days, respectively.  While many crypto… Continue reading Bitcoin Woes Not Over? Analyst Predicts Further Crash To $47,000→

This Dormant Bitcoin Wallet Holding $6.8 Million BTC Just Reactivated, Are They Selling?

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Bitcoin has recently been plagued with massive selling pressure, with different entities looking to offload their holdings. This time, on-chain data shows a dormant Bitcoin wallet that transferred over $6.8 million in Bitcoin, suggesting that this whale may also be looking to sell their tokens.  Dormant Bitcoin Wallet Transfers Funds For First Time In 12… Continue reading This Dormant Bitcoin Wallet Holding $6.8 Million BTC Just Reactivated, Are They Selling?→

Bitcoin Price Crashes Below $54,000: Top-5 Reasons

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In the last four days, the Bitcoin price has plummeted over 15%, with a significant 7.8% drop occurring in just the past 24 hours. From a high of nearly $72,000 in early June, the price of BTC has now declined by almost 25%. Here are the key factors behind yesterday’s dramatic fall in price. #1… Continue reading Bitcoin Price Crashes Below $54,000: Top-5 Reasons→

Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?

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Bitcoin (BTC) has completed its ninth test of the $60,000 support level, hinting at a potential shift in the cryptocurrency’s trajectory. According to a crypto analyst, Bitcoin faces significant moves ahead and determining the direction of this momentum is crucial.   BTC Retests $60,000 Support For The 9th Time In an X (formerly Twitter) support level… Continue reading Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?→

Bitcoin Closes CME Gap, Expert Predicts What Happens Next

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recent decline below $60,000.  BTC’s CME Gap Has Closed Van de Poppe revealed in an X (formerly Twitter) post that Bitcoin’s CME gap has closed and added that it is time for the crypto token to enjoy a relief bounce from its current price level. From the chart he shared, Bitcoin will reclaim $60,000 as… Continue reading Bitcoin Closes CME Gap, Expert Predicts What Happens Next→

Bitcoin Alert: Mt. Gox Starts Repayments With Small Exchange Transfer

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According to data from Arkham Intel, Mt. Gox has initiated the process of repaying creditors by transferring a nominal amount of Bitcoin to one of the designated exchanges. This development follows months of speculation and planning concerning the disbursement of approximately $8.2 billion in Bitcoin owed to creditors of the defunct exchange. Are Mt. Gox… Continue reading Bitcoin Alert: Mt. Gox Starts Repayments With Small Exchange Transfer→

Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter

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The crypto market is in a state of panic with a market-wide crash that has shaken Bitcoin and altcoins. With the Bitcoin price continuing to fall from support after support, tens of thousands of traders have lost their positions, leading to hundreds of millions of dollars in losses in just the last day alone. Crypto… Continue reading Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter→

Bitcoin Price Could Massively Crash Like In May 2021, Warns Fund Manager

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Bitcoin’s price has fallen below the critical support level of $60,000, reaching a low of $57,914. Since Tuesday, Bitcoin has experienced a further 7% decline, reinforcing the ongoing downward trend. Currently, market sentiment is shifting markedly towards the bearish side. Is A May 2021-Style Bitcoin Crash Looming? Andrew Kang, co-founder of Mechanism Capital, has raised… Continue reading Bitcoin Price Could Massively Crash Like In May 2021, Warns Fund Manager→

Bitcoin Price Crash Is Buy Opportunity As Wallets Holding 10+ BTC Reaches New ATH

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Bitcoin continues to be incredibly bearish amid negative market headwinds but that has not stopped investors from taking their positions during this time. These large investors who are holding more than $600,000 worth of Bitcoin have been accumulating BTC at an accelerated rate over the last six months. Bitcoin Holders Increase Wallet Holdings On-chain data… Continue reading Bitcoin Price Crash Is Buy Opportunity As Wallets Holding 10+ BTC Reaches New ATH→