BTC
Bitcoin's Decline: A Look at Recent Market Movements The steep drop in Bitcoin's value, exceeding a 20% decline from its peak, has left some enthusiasts pointing fingers at other elements in the cryptocurrency market. From a previous high over $109,000 just a few weeks back,
Crypto Market Decline Crypto Market Experiences Significant Decline In recent developments, the cryptocurrency market is facing a downturn. Currently, bitcoin has dipped to its lowest in three months, valued under $88,000. On the broader scale, the CoinDesk 20 Index has seen a sharp drop, plunging over 10% within just
Crypto Market Update Crypto Market Overview The cryptocurrency market has shown a notable downturn recently, as reflected by the performance in the CoinDesk 20 Index. The current value of the index stands at 2822.97, depicting a decrease of 7.2% or 218.33 points since Monday at 4 p.
Bitwise Secures Significant Investment Bitwise Completes $70 Million Funding Round Funding Led by Electric Capital Bitwise, a specialized asset manager in the cryptocurrency industry, has successfully raised $70 million through a recent equity offering. This funding effort was spearheaded by Electric Capital, a firm prominent in crypto ventures. Notable Participants
BTC
Bitcoin Price and Market Dynamics Bitcoin's Price Movement and Market Reaction Overnight trading saw Bitcoin's (BTC) value slip below $92,000, returning to a range it has consistently revisited since December. This downturn is paired with a significant rise in perpetual futures open interest which, alongside
Crypto Market Faces Major Downturn Crypto Market Faces Major Downturn The cryptocurrency world experienced a significant drop as Bitcoin (BTC) fell below the $87,000 mark. This decline, which started on Monday, continued into Tuesday, affecting the entire market. These movements paralleled a decrease in U.S. equity indexes, while
Bitdeer Technologies Reports Increased Net Loss in Q4 Bitdeer Technologies' Expanding Losses Amid Strategic Investments Bitdeer Technologies Group, a bitcoin mining company headquartered in Singapore, has revealed a significant increase in its net loss for the fourth quarter. The losses surged to $531.9 million, up from $5 million
BTC
Bitcoin's Slide Triggers Buying on Kraken Bitcoin Scramble: Traders Rush to Buy as Prices Fall Amidst a notable downturn, traders on Kraken are seizing the opportunity to purchase Bitcoin, according to Alexia Theodorou, who oversees derivatives. Kraken, recognized as one of the world's top ten cryptocurrency
BTC
Crypto Market Turmoil: $1.2 Billion in Losses The cryptocurrency market continued its downward spiral, leading to significant financial damage for investors. Over the past 24 hours, crypto enthusiasts faced losses of at least $1.2 billion as Bitcoin (BTC) plummeted to under $89,000—a level not seen since
Bybit Launches Initiative Against Lazarus Group Bybit Takes Action Against Alleged Hackers The cryptocurrency exchange Bybit has made a bold move, declaring opposition against the notorious Lazarus hacking group. To tackle the issue, Bybit has introduced a dedicated website that aims to track the group's wallet addresses by
BTC
Bitcoin Miners Eye AI and HPC for Growth Bitcoin Miners Embrace AI and HPC Those following the trajectory of public bitcoin mining companies have likely observed a burgeoning interest in the realms of artificial intelligence (AI) and high-performance computing (HPC). Initially emerging as a modest trend the previous year, AI
BTC
Bitcoin and Cryptocurrency Market Update Bitcoin's Decline Mirrored in Broader Crypto and Stock Markets On Monday, Bitcoin (BTC) experienced another slide, impacted by not only the significant bearish trends observed across the cryptocurrency market but also the difficulties faced by U.S. stocks as they attempt to recover