Bitcoin is not expected to reach the $77,000 mark again soon, according to Arthur Hayes, a co-founder of BitMEX. Following signals from the Federal Reserve about slowing down its quantitative tightening measures, Bitcoin experienced a dip near this price for the first time since November. Hayes believes this could ease liquidity pressures, supporting Bitcoin and ...
Bitcoin’s price is currently around $82,000, having dropped nearly 15% last week. This decline led to significant liquidations in the crypto Market, totaling $687.73 million just in the past 24 hours. A recent report from QCP Capital points to hackers from Bybit cashing out around $300 million of their stolen assets as a key factor ...
Bitcoin is predicted to have a 95% chance of staying above $69,000, according to network economist Timothy Peterson, who shared insights on social media. He introduced the “Lowest Price Forward” metric, indicating that Bitcoin is unlikely to drop below this threshold. Despite recent lows in its price, Peterson remains optimistic about Bitcoin’s future, even suggesting ...
Bitcoin has dropped to a three-month low, falling below $90,000 for the first time since November, affecting companies like Riot Platforms. Other cryptocurrencies, including XRP and Ether, have also seen significant declines. Factors influencing this downturn include a drop in U.S. tech stocks and a major hack that stole $1.5 billion in digital assets from ...
The Independent focuses on delivering important news stories, from reproductive rights to climate change. They emphasize the need for reliable journalism, especially during critical times like now. Supported by donations, The Independent aims to keep journalists on the ground, ensuring they report from various perspectives without paywalls limiting access to quality news. Recently, the Bitcoin ...
In 2023, Chinese police issued an official warning about the Pi Network, labeling it a scam that specifically targets elderly individuals. Users, lured by promises of free tokens, were tricked into sharing personal information and financial details. The Wuxi police reported that victims often gathered under false pretenses to invest, only to find themselves defrauded. ...
On February 24, PANews reported that the crypto Market is experiencing a decline, particularly in the AI Agents sector, which dropped by 5%. However, Ethereum (ETH) showed resilience, rising by 0.58% due to events like the Ethereum Ecosystem Conference. In the AI Agents sector, notable declines were seen with ai16z down 5.10%, Fartcoin down 5.64%, ...
Former President Donald Trump has introduced a new cryptocurrency, the $TRUMP meme coin, which experienced wild fluctuations in its early trading days, increasing from nearly $6.50 to a peak of $73 before dropping below $40. Alongside, First Lady Melania Trump launched her own coin, $MELANIA, which also saw similar highs and lows. Despite previously criticizing ...
Donald Trump has launched a new cryptocurrency token called $TRUMP, which quickly saw its value spike from $6 to over $70, significantly boosting his net worth. Despite the initial hype, $TRUMP and the similarly launched $MELANIA are considered memecoins—cryptocurrencies with no real value or practical use. This risky venture has raised concerns within the crypto ...
Former President Donald Trump recently launched a new cryptocurrency called $TRUMP, which has seen dramatic fluctuations in value since its debut, reaching as high as $73 before falling below $40. Alongside him, First Lady Melania Trump introduced her own coin, $MELANIA, which experienced a similar rise and fall. While Trump has shifted from criticizing cryptocurrencies ...
