Strategy, the biggest corporate Bitcoin owner, is trying to ease worries about its money situation after Bitcoin's recent price drop. They've introduced a new credit rating tool that shows how much stock value they have and how long they can keep paying dividends, even if Bitcoin's price stays the s
Zcash, a cryptocurrency that has been largely overlooked in recent years, has suddenly become the most searched asset on Coinbase in mid-November. This surge in interest coincides with a significant price increase, with ZEC's value soaring by over 10 times in just a few weeks. But what's driving thi
Bitcoin, the first cryptocurrency, has been on a rollercoaster ride lately. After a rough patch, things seem to be calming down. The price has been holding steady around $88, 000, which is a big improvement from last week's drop. That drop was so bad it hit a seven-month low and wiped out over $1 tr
The crypto world saw some big action this past week. Let's break it down. First up, a Bitcoin whale made a huge splash. Owen Gunden, an early Bitcoin investor, sold off his entire stash. That's right, he cashed out a cool $1. 3 billion worth of Bitcoin. He's been holding onto these coins since 2011
Bitcoin's journey has been a wild ride, and it's not showing signs of a dramatic crash anytime soon. Lyn Alden, a macroeconomist, thinks the crypto market isn't ready for a major downturn. She believes the current cycle isn't driven by the usual four-year pattern tied to Bitcoin's halving events. In
Crypto prices went up on Sunday, with Bitcoin leading the charge. It hit around $86, 466, a 2. 7% jump from earlier in the day. This rise came after Bitcoin showed signs of being oversold, according to a crypto expert. The Relative Strength Index (RSI), which tracks how fast prices change, dipped be
The crypto world is feeling a bit shaky. Bitcoin ETFs, which used to be super popular, are now seeing money leave faster than a kid running from homework. This isn't just a small dip; it's a big deal. In the latest trading session, nearly $1 billion was pulled out of Bitcoin ETFs. That's the second
Bitcoin's value took a nosedive recently, hitting $80, 600 and marking a 10% weekly loss. This isn't just a small blip; it's the biggest monthly drop since June 2022, with a 23% decline. The price even tested the 100-week exponential moving average, a level not seen since October 2023. This sharp fa
Bitcoin's recent price drop has sparked discussions about its volatility. Richard Teng, the head of Binance, shared his thoughts on this. He believes Bitcoin's price swings are nothing out of the ordinary. In fact, he thinks it's quite similar to what happens in other big markets. Teng pointed out
Bitcoin's value has taken a tumble, dropping below $82, 000. This isn't just a small dip; it's a big deal. The crypto market has seen almost $2 billion wiped out in a single day. People are starting to wonder if this is the beginning of a long, cold crypto winter. Bitcoin's price has been falling s
