BTC price cools on latest US data as Bitcoin liquidates $80M in shorts
Bitcoin price shies away from $25,000 with questions over inflation combine with a resurgent U.S. dollar. Go to Source Powered by WPeMatico
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Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin. Go to Source Powered by WPeMatico
Bitcoin price eyes $23K despite US dollar strength hitting 6-week high
The U.S. dollar index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington. Go to Source Powered by WPeMatico
3 reasons why Binance’s BNB token risks sliding further by March
A slew of technical, fundamental, and on-chain indicators hint at more pain for BNB price in February. Go to Source Powered by WPeMatico
Binance CEO: crypto industry will probably move to non-dollar stablecoins
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.” Go to Source Powered by WPeMatico
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with … Read more
Bitcoin flirts with bid liquidity as BTC price nears new 3-week lows
Bitcoin bulls struggle to influence the trend as CPI nerves combine with already weak low-timeframe performance. Go to Source Powered by WPeMatico
Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8
The announcement came without warning two days in advance, but it does not apply to Binance.US users, so only 0.01% of active users will be affected. Go to Source Powered by WPeMatico
Why did Bitcoin price go down today? BTC traders brace for $23K retest
Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed’s rate hike and market commentary fades. Go to Source Powered by WPeMatico
Bitcoin meets FOMC after 39% January gains with Fed path ‘uncertain’
The second best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy. Go to Source Powered by WPeMatico