Bitcoin bottom isn’t in: Traders target $74K zone as Trump EU tariff threat destroys markets

Bitcoin (BTC) saw its first major test of $40,000 for several weeks overnight, but what price zones are traders watching next?Whether long or short-term, the answer for many is simple: the range is still intact.Bitcoin wobbles after "moment of truth"On the back of macro pressures, BTC/USD saw a moderate sell-off on Feb. 17 which continued…

Indian crypto exchanges CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS. 397 Total views 2 Total shares The CoinSwitch crypto exchange is the latest crypto trading platform in India that cut its workforce amid the prolonged cryptocurrency winter, the local news agency Moneycontrol reported on Aug. 28.The crypto exchange…

The Securities and Exchange Commission (SEC) has charged Sergii Grybniak, the founder of the initial coin offering (ICO) project Opporty, according to a Jan. 21 press release. Despite raising approximately $600,000, the commission targeted Grybniak for falsely declaring the project as “100% SEC compliant.”Opporty launched its ICO between September and October 2018. The project purported…

“Ripple’s all-star engineering team continues to grow,” Ripple CEO Brad Garlinghouse said of the firm’s new senior VP. 286 Total views 2 Total shares Amid legal action from the SEC, Ripple has brought in fresh blood from Amazon to lead its engineering team.In a statement released today, Ripple CEO Brad Garlinghouse announced that former Amazon…

Thursday, Jan. 3 — after some positive inklings of growth earlier this week, crypto markets have today dipped back into the red, with most of the top twenty cryptocurrencies by market cap seeing losses capped below 6 percent, as data from CoinMarketCap shows.TRON (TRX) is one of the only outliers among the top coins and…

Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network’s utility token. The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024

Bitcoin (BTC) faced a 9% correction in the early hours of Sept. 19 as the price traded down to $18,270. Even though the price quickly bounced back above $19,000, this level was the lowest price seen in three months. However, pro traders held their ground and were not inclined to take the loss, as measured…

Institutional miners and hobbyists alike are taking advantage of energy subsidies to cash in. 3156 Total views 5 Total shares While the broader crypto market suffers through a painful slump, a new report today indicates that Bitcoin miners in Argentina are thriving as they take advantage of convoluted energy policies. A report from Bloomberg republished in…