U.Today – ‘s plunge toward $57,000 was the last thing expected after the catastrophic drop below $65,000. However, it has become a reality, and the market will have to act one way or another. Here are three potential outcomes if Bitcoin breaks below the crucial $57,000 level. 200 EMA beingContinue Reading
U.Today – The ongoing sell-off in the crypto ecosystem might be taking a breather as the price of (BTC) has finally formed support at the $61,100 mark. At the time of writing, the combined crypto market cap is down 0.55% to $2.56 trillion, and Bitcoin has pared off its losses.Continue Reading
U.Today – U.Today has prepared a summary of the top three news stories over the weekend. Schiff predicts price will keep falling for several years On Friday, June 21, Peter Schiff heaped yet another portion of criticism on Bitcoin, the flagship cryptocurrency. In his X post, Schiff noted that sinceContinue Reading
U.Today – Despite trading at the lower levels of the monthly trading range, the first cryptocurrency is unlikely to have any problems moving upwards, considering the current distribution of liquidity. The provided chart shows that the majority of selling pressure is located far above the $70,000 threshold, and the onlyContinue Reading
U.Today – Mt. Gox trustees have announced the start of and repayments for investors, according to BBG. This announcement practically means that we will witness the redistribution of BTC and BCH locked for Mt. Gox investors since the infamous hack in 2011. After losing more than 700,000 BTC in aContinue Reading
U.Today – Samson Mow, permanent $1 million advocate and chief executive officer at BTC adoption-focused company Jan3, has made another bullish BTC statement. Mow has shared his prediction that the world’s flagship cryptocurrency will finally reach one million in the year 2025. Mow tweeted that Bitcoin is likely to skyrocket,Continue Reading
U.Today – miners have been actively selling their holdings since the halving effect kicked in. As the on-chain data suggests, the amount of selling pressure coming from Bitcoin miners is not descending, and at the current pace, there will be very little BTC left to sell. The halving event usuallyContinue Reading
U.Today – (BTC) retail on-chain accounts are demonstrating interest in buying the orange coin at current prices. The metric has been surging during the last few weeks and has already added 7%, which can be treated as positive signal, the analyst says. Bitcoin (BTC) retail investors’ demand surging as priceContinue Reading
U.Today – , the first and largest cryptocurrency has quadrupled in price since the beginning of 2023, reaching a new high of $73,798 in March, boosted by demand for U.S. exchange-traded funds. However, recent observations by crypto analyst Ali might suggest a concerning trend: a significant downturn in exchange-related on-chainContinue Reading
U.Today – Michael Saylor, a vocal evangelist who cofounded business intelligence behemoth MicroStrategy and has stepped down from being its CEO to be its executive chairman, has published a new tweet that has the BTC community intrigued. Recently, Saylor’s company, MicroStrategy, conducted yet another massive Bitcoin acquisition, while the BTCContinue Reading
