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Bitcoin continues to face suspicion in short timeframes, as repeated attempts to breach resistance levels are met with resistance themselves. The cryptocurrency’s volatility eased on October 6, signaling potential downside movements in BTC’s price. Despite this, Bitcoin has managed to keep liquidations limited, creating an environment resembling a long and short “squeeze.” Following a failed

Binance, one of the world’s major cryptocurrency exchanges, continues to grapple with dwindling market share as it navigates ongoing regulatory challenges in the United States. According to a report published on October 5 by Bloomberg, citing analysis from cryptocurrency data provider CCData, Binance’s spot market share dropped for the seventh consecutive month in September 2023. According

CMCC Global, a Hong Kong-based venture capital (VC) firm specializing in cryptocurrencies, has established a $100 million fund, known as the “Titan Fund,” to provide support to bolster blockchain startups across Asia. This crypto-focused fund recently concluded its first funding round on October 4th, attracting investments from 30 prominent backers, including blockchain giant Block.one, Hong

A variety of events in the cryptocurrency market were blamed for a large drop in Ethereum’s value to 130.2 BTC, according to a statement dated October 4th. This downward trend was primarily caused by the sudden cessation of mining operations, with approximately 600 petahashes per second of miners going offline. This disruption was a result of

In the realm of cryptocurrencies, Wednesday saw Bitcoin experience a minor setback, with its trading value dipping by approximately 0.50% and resting at $27,412. Yet, this slight decline masks the digital currency’s remarkable resilience over the preceding week, as it underwent a substantial upswing of nearly 4%. This upward trajectory holds particular significance in light

Significant developments have occurred in the ongoing legal saga involving the cryptocurrency Ponzi scheme known as AirBit Club as the United States District Court for the Southern District of New York moves forward with the sentencing phase for the key individuals involved. As of October 3, the office of the U.S. attorney for New York

Bitcoin traders witnessed a price drop of over 4%, causing a temporary setback from recent six-week highs. Despite the decline, Bitcoin remained within its familiar trading range, focusing on the critical level of $27,500. Bitcoin’s price retracement occurred after it had climbed to approximately $28,600, only to reverse course and find support at around $27,335

Bitcoin and various cryptocurrencies faced a decline on Tuesday, erasing some recent gains amid rising bond yields and the lackluster debut of a new cryptocurrency exchange-traded fund (ETF). Bitcoin’s price dipped 3% within the last 24 hours, slipping below $27,600 after a recent surge that briefly pushed it to $28,500 on Monday. Despite this setback,

Bitcoin (BTC), the world’s premier cryptocurrency, recently experienced a notable surge, breaching the $28,000 mark on Monday. This surge coincided with a $1.11 trillion valuation of the entire cryptocurrency market, reflecting a remarkable 3.05% surge within a mere 24 hours. What sparked this sudden ascent was an unexpected spike in demand for both Bitcoin and

Bitcoin (BTC) has ushered in the new month of “Uptober” with a strong surge, breaking past the $28,000 mark, sparking discussions about what the future holds for the world’s largest cryptocurrency. Bitcoin started the new week, month, and quarter with a robust move, crossing the $28,000 threshold. This positive momentum coincides with its strongest weekly