Bitcoin price dip may retest $55K before next leg up

Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country.

Avalanche (AVAX) is now the tenth-largest cryptocurrency by market capitalization after more than doubling in price since the start of November.AVAX entered the top-10 crypto index after pushing out Dogecoin (DOGE). In doing so, its circulating market valuation reached $30.60 billion for the first time compared to Dogecoin's $30.30 billion.AVAX circulating market cap. Source: CoinMarketCapAVAX…

Bitcoin (BTC) and Bitcoin Cash (BCH) payment processor BitPay confirmed that it suspended its operations in Germany in an email sent to Cointelegraph on Aug. 1.BitPay: “We have paused operations in Germany”In the aforementioned email, a BitPay PR rep. Jan Jahosky cited regulation coming into force next year in Germany as the reason why the…

GameStop’s new NFT marketplace took home roughly $44,500 from transaction fees in the first 24 hours after it launched via a public beta on Monday. GameStop NFT reportedly generated around $1.98 million worth of NFT sales on its first full day of business. As the platform charges a 2.25% fee on NFT sales, this equates…

At 13, it is hard to believe that anyone can understand the potential — and responsibility and danger — of holding private keys to half a million dollars while living life as a normal seventh-grader in India.What makes the case of Gajesh Naik, the 13-year-old decentralized finance (DeFi) wunderkind from Goa, so unique is that…

BTC price rallied as an improved regulatory outlook in the US and a series of improvements in the Bitcoin ecosystem altered investor expectations.

The downside does not last long with an abrupt return to form taking Bitcoin price action back to mid-May levels. 1419 Total views 29 Total shares Bitcoin (BTC) was back at $57,000 on Oct. 13 as a classic move left hopeful traders liquidated to the tune of $200 million.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader…

Top crypto exchange Binance has launched its margin trading platform, an official blog post published today, July 11, reveals.Binance’s move to expand trading possibilities to meet the full scope of institutional and retail traders’ needs had already been indicated by exchange CEO Changpeng Zhao this May — the same month the exchange had suffered a…