Bitcoin Dips 2.3% to $68,674 Amid Significant Fund Outflows
Bitcoin’s value fell by 2.3% to $68,674.29 on February 16, 2024, marking a decline of 22.58% year-to-date. This drop occurred despite a broader market context, as the S&P 500 and…
Bitcoin Hovers Near $68,600 as Market Eyes Key Resistance Levels
Bitcoin is currently trading around $68,600, showing signs of recovery from earlier dips this month, although it remains below January’s highs. The cryptocurrency market is cautiously optimistic, bolstered by recent…
Bithumb’s ‘Phantom’ Bitcoin Incident Raises Questions in Crypto Market
Concerns have emerged in the cryptocurrency market following a significant incident involving South Korean exchange Bithumb. An internal error reportedly led to Bithumb distributing approximately 15 times more Bitcoin than…
Bitcoin Faces Uncertain Future as Analysts Eye $50K Support
Bitcoin’s recent price movements suggest the cryptocurrency may not have exited its bear market, with analysts predicting a potential drop to a significant support level of $50,000. The outlook reflects…
Bitcoin Struggles to Surpass $90,000 as Market Faces Resistance
Bitcoin’s price remains under pressure, consistently struggling to break above the significant threshold of $90,000. This level has developed into a strong psychological barrier for traders, with sustained trading above…
Steak ‘n Shake Introduces Controversial Bitcoin Bonus for Staff
Steak ‘n Shake, the fast food chain based in Indianapolis, has recently announced a unique compensation initiative, offering a “Bitcoin bonus” for its hourly employees. According to a statement shared…
Weekend Alert: BTC, ETH, and SOL Show Rising Open Interest
The cryptocurrency market is poised for potential volatility this weekend as interest in major digital assets, specifically Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), is on the rise. This uptick…
Ozak AI Secures Over $5.54 Million in Presale as Crypto Interest Grows
As the cryptocurrency market continues to navigate a challenging landscape, one project, Ozak AI, is gaining significant attention. The initiative has successfully raised over $5.54 million in its presale, indicating…
BlockDAG Launches Presale at $0.003 While Ethereum Gains Steam
The cryptocurrency market is witnessing renewed activity, with notable developments surrounding BlockDAG, Ethereum, and Dogecoin. BlockDAG (BDAG) has captured attention as its presale approaches completion, offering coins at a limited-time…
Federal Reserve’s Stance on Rates Pressures Bitcoin and Crypto Markets
Bitcoin and the broader cryptocurrency market are facing significant pressures as the Federal Reserve (Fed) has released the minutes from its December policy meeting. Although the Fed implemented a rate…