Nearly a quarter of unique Bitcoin wallets at a loss amid $15K price dump
Bitcoin’s $15,000 price pullback over the last few days has caused the percentage of wallets underwater to exceed 23%. Go to Source Powered by WPeMatico
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BlockFi mistakenly credits users with too much Bitcoin in promo payout
Just under 100 BlockFi users are reported to be affected, with some allegedly receiving as many as 700 Bitcoin due to a mishandled promotional offer. Go to Source Powered by WPeMatico
Bitcoin $5K ‘kimchi premium’ returns while gold prices surge in Korea
Bitcoin is trading at 12.5% higher in South Korea than in other markets, while gold prices climb to quarterly highs. Go to Source Powered by WPeMatico
‘Long Bitcoin’ chosen as most crowded trade in latest BofA survey
Bank of America noted that trades identified as “crowded” have historically been associated with incoming market tops. Go to Source Powered by WPeMatico
MicroStrategy buys the dip, acquires $10M in Bitcoin
CEO Michael Saylor has used the latest price correction as an opportunity to load up on more BTC. Go to Source Powered by WPeMatico
‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’
The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink much lower than today’s current … Read more
Bitcoin’s drop from $64K comparable to Black Thursday, but Coinbase outflows hint at accumulation
The ongoing Bitcoin price correction draws a comparison with the March 2020 crash — with one big difference. Go to Source Powered by WPeMatico
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000. Go to Source Powered by WPeMatico
Is Bitcoin nearing another Black Thursday crash? Here’s what BTC derivatives suggest
Traders are afraid another Black Thursday crash is on the cards, but derivatives data proves the current correction has no resemblance to the March 2020 pullback. Go to Source Powered by WPeMatico
Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’
Investment strategist Raoul Pal suggested traders should probably buy the Bitcoin dip as price crashes to two-month lows. Go to Source Powered by WPeMatico