Bitcoin Dips Under $70K as Market Enters New ‘Distribution’ Phase
Bitcoin (BTC) sellers took control during the European trading session on Tuesday as the BTC/USD pair slipped below the $70,000 mark for the first time since…
Mt. Gox Moves $739M in Bitcoin for First Time in Two Months
Defunct Japanese crypto exchange Mt. Gox moved roughly $739 million worth of Bitcoin from its cold wallets early Tuesday, its first onchain movement in over two…
Bitcoin Price Action Sees First Sub-$70,000 Dip Since Mid-April
Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control.Key points:Bitcoin drops under $70,000 to new…
Bitcoin Falls to Two-Month Low as Stocks Hit Record Highs
Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets.Bitcoin (BTC) fell to a…
Grayscale’s Hyperliquid ETF Likely to Launch This week
Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory…
Toncoin to Rebrand to Original Name Gram
The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white…
Bitmine Buys $52M ETH, Tom Lee Says Fundamentals Strong
Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting…
Radiant to Wind Down After Failing to Recover From 2024 Hack
Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50…
Bitcoin Derivatives Show Bulls Making Moves Despite $70K Sell-off
Key takeaways:Whale’s bullish positioning in the Bitcoin derivatives market is failing to counter the heavy spot selling pressure. The slight discount on USDT…
Bitcoin Volatility Drops 56% As Analysts Watch For 20% Price Move
Bitcoin's realized volatility has fallen to 17.2%, one of its lowest levels in recent months. Multiple Bitcoin analysts have said that long periods of price…