Tag: Bitcoin

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Genesis Trading Transfers 12.6k BTC to Coinbase for Asset Liquidations

Genesis Trading recently made a significant move by transferring 12,600 Bitcoin (BTC) to Coinbase, totaling about $719.9 million. This transfer comes after a legal settlement with the State of New York, requiring Genesis to...
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XRP Outperforms as Bitcoin Bulls Stay on the Sidelines

Bitcoin experienced a 2.3% drop in value over the past 24 hours, falling to $57,000 after briefly reaching $59,000 on Thursday. However, XRP tokens saw a 5% increase during the same period, making them...
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Crypto Market: Exchange Withdrawals Hit 5-Year Low at 28.5k BTC

The latest data shows that exchange withdrawals in the crypto market have hit a 5-year low, with only 28.5k BTC being withdrawn. This indicates that traders are holding onto their assets rather than moving...
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DOE Crypto Mining Survey: Industry Perspectives on Controversial Take Two

The U.S. Department of Energy (DOE) is gearing up to retry its efforts to survey crypto mining companies about their energy usage after facing legal challenges. This time around, the department is seeking input...
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Bitcoin Price Eyes $60k as Tequila Fair Launch Starts Today

Bitcoin Price Approaches $60k Amid Tequila Fair LaunchBitcoin has been making significant strides in the market, with its price surpassing $59,000 and inching closer to the $60,000 milestone. The recent positive performance can be...
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Bitcoin Price Must Break $50,000 for Rally

Bitcoin experienced a flash crash on July 4 and 5, leading to a 30% drop from its all-time highs. Despite a slight recovery over the weekend, the world's most valuable coin, BTC, remains in...
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Bitcoin Price Drops as German Government Sells Off – CoinJournal

Bitcoin price dropped below $56,000 again as the German government continued to sell off its BTC holdings. On Monday, more than 16,000 BTC were sent to crypto exchanges in what was the largest transfer...
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Bitcoin Price Analysis: 4 Consecutive Weekly Declines Spark Memories of 2017 Bull Market

Bitcoin has been on a rollercoaster ride in recent weeks, experiencing four consecutive weekly declines that have sparked memories of the 2017 bull market. This recent decline, which saw an 11% correction in the...
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Digital Asset Funds Turn Positive After 4 Weeks: CoinShares Analysis

Digital asset investment products saw a positive turn last week after four consecutive weeks of net outflows, according to analysis by CoinShares. The total net inflows amounted to $441 million, with Bitcoin leading the...
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Bitcoin Price Drops to $60K in America Amid Mt. Gox Uncertainty

Bitcoin's price has taken a hit in America, dropping to $60,000 during the European morning on Wednesday. This marks a 4% decrease in the last 24 hours, with BTC being the most affected among...