Bitcoin Hits 5-Month Low, Mt. Gox Begins Refunds, Circle Secures MiCA License | Weekly Recap

Today’s weekly recap: Bitcoin (BTC) drops to five-month low amid series of ‘whale sell-offs’; Mt. Gox begins repaying creditors; and Circle obtains first stablecoin license under MiCA as regulatory efforts ramp up. Market decline After a bearish June, reports on July 1 suggested that Bitcoin could be poised for a recovery in July, based on … Read more

‘Worst in history’: Bitcoin suddenly hurtles toward $1.9 trillion after massive price crash

Bitcoin has stabilized after this week’s sudden price drop, although “extreme fear” threatens to cause further problems. Subscribe now to Forbes CryptoAsset & Blockchain Advisor and “discover blockbusters poised for gains of over 1,000%” after the earthquake that halved bitcoin! Bitcoin prices have fallen to lows not seen since February as collapsed bitcoin exchange Mt. … Read more

German lawmaker demands strategic review amid chaos over Bitcoin sell-off

April 27, 2023, Berlin: Joana Cotar (independent) speaks at the 100th session of the German … [+] Bundestag. The debate is about the further development of skilled labor immigration. Photo: Jörg Carstensen/dpa Photo by Jörg Carstensen dpa/picture alliance via Getty Images The German government recently stepped up bitcoin sales, transferring approximately $75 million to exchanges … Read more

‘Scary’ Crypto Crash Causes ‘Extreme Fear’ Panic After $2 Trillion Bitcoin, Ethereum, XRP, Solana Price Drop

07/06 update below. This post was originally published on July 4 Bitcoin Bitcoin has fallen to $50,000 per bitcoin after Federal Reserve Chairman Jerome Powell warned of a “critical period.” Subscribe now to Forbes CryptoAsset & Blockchain Advisor and “discover blockbusters poised for gains of over 1,000%” after the earthquake that halved bitcoin! Bitcoin price … Read more

Will Bitcoin Bounce Again? Here’s Where Five Experts See Its Price Going Next

Bitcoin’s decline saw its value drop below $55,000 as the price fell below its 200-day moving average. The downturn comes as Mt. Gox has begun refunding customers after a decade-long bankruptcy process, which should see the return of about $9 billion in Bitcoin. The new influx comes as market analysts expect the German government to … Read more

Crashing Below $50,000? Bitcoin Suddenly Prepared for Another ‘Critical’ $9 Billion Earthquake After $2 Trillion Wiped Out Ethereum, XRP, Solana, Crypto Prices

Bitcoin Bitcoin has fallen to $50,000 per bitcoin after Federal Reserve Chairman Jerome Powell warned of a “critical period.” Subscribe now to Forbes CryptoAsset & Blockchain Advisor and “discover blockbusters poised for gains of over 1,000%” after the earthquake that halved bitcoin! Bitcoin price has fallen by around 25% over the past month, with Bitcoin, … Read more

Bitcoin drops below $59,000: Experts warn it’s time to wait with altcoins

The drop in Bitcoin price below $59,000 has led to significant liquidations in the market, especially for altcoins. Analysts advise caution and suggest a pause in accumulating altcoins due to current market uncertainties and weak signals. In a dramatic 24-hour period, the global cryptocurrency market saw a sharp drop of 4.7%, caused by a significant … Read more

Trump’s Crypto Spin: Bitcoin as a ‘Strategic Reserve’ for the 2024 Election?

Donald Trump backs BTC as a strategic reserve asset. Trump’s pro-crypto stance has inspired a voting bloc of crypto executives and owners. In a massive turn of events, former President Donald Trump has changed his mind about cryptocurrencies he once despised. His narrative is aimed at countering and defeating current President Joe Biden by winning … Read more

Is the Bitcoin Boom Over? What Historical Trends Tell Us

Recent Bitcoin on-chain figures have pointed to a potential market peak, with a cycle peak similar to previous years. Analysts saw an increase in sales activity, in line with historical trends. Bitcoin [BTC] was down at the time of writing, erasing its previous rally above $63,000. Over the past week, the cryptocurrency has dropped by … Read more

Trump Initiates Talks on Bitcoin as Strategic Reserve Asset

LAS VEGAS, NEVADA — Trump’s embrace of digital assets on the campaign trail has drawn new attention … [+] the role bitcoin could play as a strategic reserve asset (Photo by David Becker/Getty Images) Getty Images “We want all remaining Bitcoin to be made in the US!” In a true social after Last month, Republican … Read more