Bitcoin dropped another 2% to start November as network data warned of a potential BTC price dip below the $100,000 support level.
Bitcoin dropped another 2% to start November as network data warned of a potential BTC price dip below the $100,000 support level.
The slowdown in institutional demand may be a factor in the cooling of Bitcoin’s bull run, adding further downward pressure on the BTC price.
Dash’s setup mirrors Zcash’s pre-breakout phase, hinting at a possible 400% rally if it breaks above a multiyear technical resistance zone.
Ethereum’s price risked a deeper correction toward $2,800 as institutional demand through ETH ETFs and treasury companies declined
Bitcoin and altcoins’ early November performance mirrors that of October, when the market disregarded historical trends and fell to new lows. Will bulls show any interest in buying the range lows?
Key takeaways BTC is down 3% in the last 24 hours and is now trading below $108k. The bearish performance comes as momentum in the market continues to weaken. Bitcoin slips below $108k The cryptocurrency market is opening the weekly candle bearish, with Bitcoin and other major cryptocurrencies suffering huge losses in the last 24 hours. Bitcoin has lost 3% of its value since Sunday and is now trading at $107,500 per coin. Other leading cryptocurrencies, including Ether, XRP, and […]
Key takeaways DOGE is the worst performer among the top 10 cryptocurrencies by market cap, down 7.5% in the last 24 hours. The bearish performance comes as BTC and other major cryptos underperform. DOGE leads the market flush The cryptocurrency market has underperformed over the weekend, with Bitcoin’s price dropping below the $108k mark. As usual, memecoins suffered the heaviest blow, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all recording huge losses in the last 24 hours. On-chain […]
The moved assets included StakeWise Staked Ether (OSETH), Wrapped Ether (WETH), and Lido wstETH (wSTETH). In September 2023, Balancer suffered a phishing attack that resulted in a loss of about $238,000. A separate August exploit drained nearly $1 million after a vulnerability was found in Balancer’s liquidity pools. A suspected exploit involving nearly $70 million worth of digital assets has once again placed Balancer, one of Ethereum’s leading decentralised exchanges, under scrutiny. The incident has reignited debate over the security […]
BitMine buys 82,353 Ethereum tokens as holdings reach 3.4 million. Crypto and cash treasury stands at $13.7 billion. BitMine hits 2.8% of the targeted 5% of the Ethereum supply. BitMine Immersion Technologies, a leader in cryptocurrency mining and advanced cooling solutions, has significantly bolstered its position in the digital asset space. The company has revealed a substantial increase in its Ethereum (ETH) reserves. BitMine ETH holdings hit 3.4 million BitMine’s increasing commitment to Ethereum is again evident following another buy-the-dip […]
Bitcoin posted its first negative October performance in six years, now trading at $107k. Fed’s hawkish comments on a potential December rate cut pressured the price. November has historically been one of Bitcoin’s strongest months (42% mean return). Bitcoin is entering November on uncertain footing after suffering its first negative October performance in six years, a downturn that has left investors questioning whether the move was a healthy correction or the start of a deeper bear trend. The leading cryptocurrency […]