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Bitcoin – Page 526 – DIGIT INFO

Bitcoin Price Trades Sideways at the $24K Level, Miners Face Substantial Losses

Bitcoin price continues to trade sideways this week, with little change in trading volume over the past 24 hours. After peaking at $25k on Sunday, BTCUSD struggles to hold support and continues to decline, currently trading in the high $23k range. The 24-hour trading volume remains relatively unchanged in the $29.5 billion range. Key Points: … Read more

Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets

According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth of bitcoin in anticipation to buy bitcoin cheap. Except after the CEO allegedly … Read more

Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy

Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin also declined on Tuesday. Bitcoin Bitcoin (BTC) was once again … Read more

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