XRP risks drop below $1, but onchain data highlights silver lining
XRP is trading just above $1, leaving the token at its weakest price level of the year, but onchain data paints a different picture. The...
Tag : drop
Bitcoin price taps $65.5K as Iran deal sees oil drop toward 16-week low
Bitcoin (BTC) passed $65,000 at Monday’s Wall Street open as exchange order-book liquidity dictated price moves. Key points: Bitcoin hits a new week-to-date high despite...
MainStreet defends MSUSD backing after 85% price drop
MainStreet Finance-linked MSUSD traded far below its intended dollar peg after a rapid sell-off tied to reserve-verification concerns. Summary MSUSD traded near $0.378 on CoinGecko...
Bitcoin mining difficulty just had its 11th-biggest drop ever
Bitcoin mining difficulty fell 10.09% after lower prices pushed weaker miners offline and slowed block production. Summary Bitcoin’s 10.09% difficulty drop gave active miners more...
Bitcoin price confirms rounding top breakdown, risks drop below $50K
Bitcoin has confirmed a major rounding top breakdown after losing the $65,000 support zone, with technical indicators and derivatives positioning pointing to a possible decline...
Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022
In brief Strategy shares pared losses after it purchased 1,550 Bitcoin for $101 million, boosting its total holdings to 845,256 BTC. The company grew its...
Bitcoin open interest rises as price drop raises squeeze risk
Bitcoin traders are watching a tense derivatives setup after on-chain analyst Maartunn pointed to a drop in BTC price while open interest moved higher. Summary...
XRP price analysis: rebound or another drop below $1?
XRP traded near $1.16 on June 7 after a sharp weekly selloff pushed the token close to the $1.00 area. The move gave traders a...
Did SpaceX IPO fever trigger Bitcoin’s sharp drop this week?
Online speculation has tied Bitcoin’s latest drop to retail demand for SpaceX’s record IPO, but crypto flow data has not shown clear evidence of a...
Brian Armstrong says Bitcoin drop hides crypto’s bigger story
Bitcoin has fallen nearly 25% over the past month, yet Coinbase CEO Brian Armstrong has argued that key parts of the crypto industry continue to...