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Will FTX Liquidate $3.4 Billion In Bitcoin And Crypto? What You Need To Know
FTX, the bankrupt cryptocurrency exchange, is slated to appear in Delaware Bankruptcy Court on Wednesday, September 13, to seek approval for the liquidation of $3.4 billion in Bitcoin and crypto assets. The event has raised concerns among market analysts and participants, who fear that the sale could put significant selling pressure on an already struggling…
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This Indicator Previously Sparked a 100% Bitcoin (BTC) Price Jump – Is It Happening Again?
The Bitcoin (BTC) price has hovered slightly above the $25,700 horizontal support area for nearly a month.
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Bitcoin price prediction as BTC adds over 700,000 new addresses in a day
In a turbulent turn of events, Bitcoin (BTC) has persisted on a downward trajectory in recent weeks despite a fleeting surge that saw its value briefly breach the $28,000 mark at the close of August. This bearish trend has unfolded against a backdrop of mounting market uncertainty fueled by postponed spot BTC exchange-traded fund (ETF) applications, intensifying regulatory scrutiny,…
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Bitcoin price can hit $46K by 2024 halving
Bitcoin has the fuel to claw back some lost ground by the end of the year, but hodlers should be prepared for BTC price local lows first, says the DecenTrader co-founder. Bitcoin BTC $25,879 has a chance to end 2023 at $35,000 despite heading lower in between, veteran analyst Filbfilb believes. In his latest interview with…
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Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August
KEY POINTS During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from selling power back to the Texas grid to keep its costs under control. Riot said on Wednesday that it earned $31.7 million in energy credits last month…