Bitcoin dips to lowest level since Dec. 12 before bouncing as buyers hold $40k threshold

[ad_1] Bitcoin slumped to as low as $40,280 on Jan. 19, its lowest level since Dec. 12, 2023, before rebounding to $41,979 after four hours of consistent sell pressure that liquidated most long positions on major exchanges. As of press time, Bitcoin traded at $41,609 after failing to breach $42,000. Meanwhile, long liquidations stood at … Read more

China’s underground crypto market thrives despite harsh trading ban: WSJ

[ad_1] Despite Beijing’s 2021 ban on crypto trading, a thriving underground market reportedly continues to operate in China. The Wall Street Journal (WSJ) reported that investors circumvent the country’s stringent regulations through informal networks through VPNs, social media, and physical trading. China is one of the world’s most stringent regions for crypto trading. Authorities actively … Read more

Mainnet Merge Announcement | Ethereum Foundation Blog

[ad_1] Ethereum is moving to proof-of-stake! The transition, known as The Merge, must first be activated on the Beacon Chain with the Bellatrix upgrade. After this, the proof-of-work chain will migrate to proof-of-stake upon hitting a specific Total Difficulty value. The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain — 11:34:47am UTC … Read more

Bitcoin Whale Carries Out Massive Sell-Off

[ad_1] An anonymous Bitcoin whale may have triggered a massive sell-off panic in the crypto market recently. According to an X (formerly Twitter) post by Ali Martinez, the whale sold off a whopping 59,000 BTC totaling over $2.45 billion.  Bitcoin Whale Dumps 59,000 BTC In his X post, Martinez announced that a Bitcoin whale has … Read more

Analyst Reveals Key Levels Of Importance

[ad_1] Crypto analyst Egrag Crypto has revealed key price levels to watch out for in one of his latest analyses of XRP. The analyst hinted that these prices could be crucial especially following his prediction that the crypto token will rise to $5 in 90 days.  Targets That Confirm An XRP Bull Run  In a … Read more