Crypto liquidations have remained elevated over the past 24 hours, reaching $314 million as Bitcoin wicked down to $92,700, according to Coinglass data. The largest single liquidation order occurred on BitMEX, involving a $5.5 million XBTUSD position. Over 121,000 traders were liquidated during this period, underscoring heightened market volatility. Liquidations (Source: Coinglass) Long positions bore …
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Stablecoin issuer Tether has taken an unusual step in expanding its artificial intelligence (AI) business by hiring professionals in AI filmmaking, Bloomberg reported. According to Tether’s careers page, the AI Filmmaker role involves using AI-driven photo and video tools to create engaging short films and videos. These productions aim to tell compelling stories, showcase products, …
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Bitcoin’s price fluctuates between $93,607 and $94,026 over the past hour, reflecting a market capitalization of $1.86 trillion. With a 24-hour trading volume of $63.28 billion and an intraday range spanning $91,215 to $95,098, bitcoin finds itself at a pivotal juncture. Bitcoin The daily chart illustrates bitcoin consolidating near its support band of $91,000 to …
Continue reading “Bitcoin Technical Analysis: A Breakout Above $96K Could Signal a New Rally”
PRESS RELEASE. The VerifiedX (VFX) Network, VerifiedX.io, has launched its mainnet non-custodial wallet VFX SwitchBlade, which enables full native Bitcoin functionality. The VFX SwitchBlade also supports a ‘first-mover’ fully decentralized and self custodial Bitcoin Tokenization (Verified Bitcoin) with on-chain native features, enabling real day-to-day utility, while solving current frictions for all Bitcoiners globally today. Verified …
Curve Finance, a decentralized exchange (dex) focused on stablecoin trading, ended 2024 with $2.4 billion in total value locked (TVL) and a doubled user base, growing from 30,000 in 2023 to 60,000. Bridging Institutional Capital Into the Defi Ecosystem According to a 2024 Curve Finance analysis shared with Bitcoin.com News the decentralized exchange (dex) platform …
Bitcoin’s price has jumped 4% since yesterday – and investors are wondering if this is the start of a new bull run. The coin’s rebound comes on the heels of research showing that 2024 was a banner year for Bitcoin millionaires. Now, all eyes are on Wall Street Pepe, a new meme coin hoping to …
QCP Capital has executed the first derivatives trade using Blackrock’s BUIDL tokenized fund as collateral, marking a milestone in the integration of blockchain technology into institutional finance. QCP Capital Breaks Ground With BUIDL-Backed Derivatives QCP Capital, a subsidiary of QCP Group, has conducted the first derivatives trade collateralized by Blackrock’s BUIDL tokenized fund, in collaboration …
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The Fed’s increasingly hawkish stance could limit bitcoin’s rally, leading to another period of price consolidation. Sideways Price Action Could See Bitcoin Consolidate at Current Price Levels The first week of 2025 was a bearish one for bitcoin. The number one crypto dropped from $102,431 to $91,215, and despite the price rebound to the $95,000 …
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PRESS RELEASE. The blockchain space is buzzing, and for good reason. Solana, renowned for its lightning-fast transaction speeds and low fees, has dominated the altcoin scene as a go-to blockchain for developers and investors alike. But could a newcomer on the horizon be ready to shake things up? Enter Lightchain AI, a revolutionary new altcoin …
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A widely followed cryptocurrency analyst believes one Dogecoin (DOGE) and Shiba Inu (SHIB) competitor is gearing up for a huge upside burst. The analyst pseudonymously known as Bluntz tells his 307,800 followers on the social media platform X that FLOKI (FLOKI) is primed to go up by at least 114% from its current level. Based …
The Commodity Futures Trading Commission (CFTC) reportedly issued a subpoena to American crypto exchange Coinbase as part of an ongoing probe of the decentralized prediction market platform Polymarket. In a post on social media platform X, Ethereum (ETH)-focused website EthHub co-founder Eric Conner shares what appears to be a screenshot of an email from Coinbase …
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A top cryptocurrency analyst and trader is warning that Bitcoin (BTC) may plummet if it loses one key level to the downside. The analyst pseudonymously known as DonAlt tells the 65,100 subscribers of the Technical Roundup YouTube channel that Bitcoin could correct more than 13% from its current value. However, he warns if Bitcoin cannot …
TLDR 25,000 ETH moved off exchanges between January 7-10, indicating whale accumulation during market downturn ETH dropped 16% this week following Bitcoin’s decline from $100K to $92K Current ETH price stands at $3,292.60 as of January 10, 2025, showing a -0.65% daily change Technical analysis suggests a potential 44% rally to $5,825 based on inverse …
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Ethereum co-founder Vitalik Buterin has raised concerns about the potential dangers of unchecked Artificial Intelligence (AI) programs. In a Jan. 10 post on X, Buterin warned that improperly managed AI could create self-replicating intelligent entities that pose risks to humanity. He stated: “AI done wrong is making new forms of independent self-replicating intelligent life AI …
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Spot Bitcoin ETFs in the United States reach their first anniversary tomorrow after over $35 billion in inflows and assets under management of 1.13 million BTC, according to Farside Investors data. BlackRock led the year with $37.85 billion, offset by Grayscale’s net outflow of $21.58 billion. Fidelity’s $12.14 billion is in second place, while Ark …
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