Bitcoin Price Plunges 10% as Liquidations Surge
The price of bitcoin surged to $38,000 on Wednesday, fueled by optimism over the potential approval of a bitcoin exchange-traded fund (ETF). The rallyCrypto investors are bracing for volatility as the price of Bitcoin (BTC) plummets, with some predicting a potential re-test of the $16,500 support le"In a recent interview with CoinDesk, former U.S. Senator Kirsten Gillibrand (D-N.Y.) and current Chief Innovation Officer (CIO) of Voyager, Meghji, eArbitrum, a decentralized finance (DeFi) platform, has announced an airdrop of its native token, ARB, to eligible users. The airdrop has sparked interThe cryptocurrency market is facing a tumultuous time as the collapse of FTX, a major player in the space, has sent shockwaves through the industry. TThe Future Fund, a philanthropic initiative founded by FTX, has come under scrutiny as billionaires question the integrity of the organization. The fuEl Salvador is set to issue bitcoin bonds in 2024, according to a recent announcement by President Nayib Bukele. The move is part of the country's eff"In 2020, FTX's Trump-Lose prediction sparked controversy and raised questions about the role of cryptocurrency in political forecasting. The predictiEthereum's transition to a proof-of-stake consensus algorithm, known as the Merge, has sent the price of Ether (ETH) soaring. The cryptocurrency has gCoinbase's staking service has been facing regulatory pressure in recent months, with the SEC (Securities and Exchange Commission) taking aim at the pAccording to recent data from CryptoQuant, Coinbase Custody has experienced its largest BTC outflow in history, signaling potential institutional inveThe price of Ether (ETH) has dipped as the DeFi market experiences volatility due to Elon Musk's tweets. The cryptocurrency's price fell from $2,866 tBitcoin has been trading in a narrow range between $35,000 and $38,000 for the past few days, with the $38,000 level acting as a strong resistance. DeFTX's assets are set to be auctioned off, with Binance and Voyager reportedly involved in the bidding process. According to sources, FTX has been struFTX's Sam Bankman-Fried has found himself in the midst of a media frenzy, with recent events raising questions about his conduct and the future of his
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Despite a week of low prices, investors have rallied behind cryptocurrencies, with Bitcoin and Ethereum seeing significant outflows. According to CoinFTX, a cryptocurrency exchange, has acquired Liquid, a Japanese cryptocurrency exchange, in a deal worth $90 million. The acquisition comes as FTX halIn a recent court filing, Ira Kleiman, the brother of the late Dave Kleiman, has accused Craig Wright of fraud in their ongoing legal battle over theThe Salvadoran government has postponed its planned bitcoin bond sale, which was originally scheduled to take place on September 22. The decision was"Ethereum's recent surge in popularity has led to a growing interest in layer-2 solutions, which aim to improve the scalability and efficiency of theThe cryptocurrency market is sending mixed signals, with bitcoin hovering around $18,000 while other digital assets experience fluctuations. AccordingIn a recent meeting, Grayscale, a Singapore-based Ether fund, discussed the potential listing of an Ether exchange-traded fund (ETF) on the Nasdaq excBinance Nigeria has been charged with tax evasion and its CEO, Tigran Gambaryan, has been detained by the Nigerian authorities. According to a statemeThe price of Bitcoin has surged above $25,000, with Ether also rallying. The move comes as investors seek safe-haven assets amidst global economic uncThe Bitcoin price has pulled back in recent days, with the four-hour chart showing a clear downtrend. The Relative Strength Index (RSI) has reached ovBinance.US, the US arm of the popular cryptocurrency exchange, is under investigation for alleged regulatory violations, according to a report by Reut
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