Bitcoin Price Crashes Below $25K: Analysis of Market Trends and Miner Behavior

Bitcoin’s price has recently crashed, losing nearly $5,000 in one day. On the daily timeframe, the price has been rejected from the $30K resistance level multiple times in recent months, leading to a significant drop below the critical 200-day moving average around the $28K mark. The $25K support currently holds the price, preventing it from […]

Binance to Remove Spot Trading Pairs, Discontinue Trading Bots Services

Binance, one of the world’s leading cryptocurrency exchanges, will soon remove several spot trading pairs from its platform. The removal will take effect on August 25, 2023, at 03:00 (UTC). The trading pairs that will be removed include ALCX/BUSD, PUNDIX/BUSD, FOR/BUSD, PEOPLE/BUSD, LOOM/BUSD, NMR/BUSD, SPELL/BUSD, and STORJ/BUSD.Binance has also announced the discontinuation of its Trading […]

Bitcoin Mining Companies Lose $2.8 Billion in Market Cap Amidst Rising Revenue

Bitcoin mining revenue has seen a steady increase since the start of the year, despite the top five largest crypto mining companies collectively losing $2.8 billion of their market Cap following last Thursday’s Bitcoin (BTC) flash crash.Hut 8 and Cipher experienced the most significant percentage decline, losing 32%, equivalent to over $400 million of their […]

Bitcoin Price Stabilizes Near $26,000 as Long Positions Liquidated

Bitcoin has recently experienced an 11% decline, halting near $26,000. Short-term holders are facing a bleak outlook due to the decrease in BTC futures activity. The support/resistance level around $25,000 is being protected by courageous bullish investors.Cumulative Volume Delta (CVD) and Delta Analysis can be used to understand the current market conditions. Bitcoin is trading […]

Crypto Market Sentiment Shifts as Bitcoin Price Drops to $26,000

Crypto data platform Santiment is offering insight into the signals that could indicate the right time to accumulate Bitcoin (BTC) and altcoins. According to Santiment’s marketing director Brian Quinlivan, buying opportunities for crypto assets have historically presented themselves when trader sentiment is neither pessimistic nor optimistic across major social media platforms such as Reddit and […]

North Korea-Linked Hackers Move $40 Million in Bitcoin, FBI Warns

The US Federal Bureau of Investigation (FBI) has warned that North Korean hackers may be looking to cash out over $40 million worth of Bitcoin (BTC). The FBI has identified two hacker groups, Lazarus Group and APT38, as responsible for the theft of millions of dollars worth of cryptocurrencies. The hackers have recently moved 1,580 […]

Solana Pay and Shopify Partner to Enable USDC Payments for E-Commerce

Solana Labs has announced the integration of its decentralized payment protocol, Solana Pay, with Shopify, a major e-commerce platform. This integration will enable businesses to facilitate payments using USDC, a stablecoin closely tied to the U.S. dollar. The protocol will also consider adding cryptocurrencies like SOL and BONK in the future.Shopify, representing 10% of U.S. […]

Vultor Launches Token Presale to Revolutionize Crypto Payments System

Vultor, a crypto payments company, announced the launch of the presale for its native token, VLT. Through the presale, the crypto project aims to increase the popularity of its main product and allow presale participants to be part of a transformative journey. The price of 1 VLT token is $0.16, and it will not change […]

“Solana Businesses to Enjoy Zero-Fee Crypto Transactions with Solana Pay Integration”

Businesses using the Shopify platform now have the ability to benefit from zero-fee crypto transactions with the integration of Solana Pay. This integration allows businesses to accept payments in cryptocurrencies such as Bitcoin, Ethereum, and Solana, without having to pay any fees. This is a major benefit for businesses, as it allows them to save […]

Mark Cuban Challenges SEC’s Crypto Regulation Framework

Mark Cuban, a billionaire entrepreneur, has recently taken a jab at the US Securities and Exchange Commission (SEC) for its lack of clarity in addressing the evolving landscape of cryptocurrencies. This follows Gemini’s response to the SEC’s complaint against its Earn program, which allowed customers to lend their digital assets to crypto firm Genesis in […]