Liquidations Cross $200 Million Following Bitcoin’s Rise Above $19,000
The last 24 hours have been filled with twists and turn for the crypto market but one thing that is important is that bitcoin crossed $19,000. This would be the first time that the digital asset would be reaching this price since the FTX collapse triggered another market downturn. However, as always, such sudden movements in the market would lead to liquidations, and traders are feeling the heat.
Bitcoin Mining Stocks Surge as Crypto Markets Rebound
Crypto prices are not the only things gaining this week. Bitcoin mining stocks are also on a roll on the back of renewed market momentum.
Bitcoin (BTC) Hikes By 3.45%, Shiba Inu (SHIB) Up By 2.08%
The market is trading in green as significant crypto jumps up during the previous 24 hours. Since we entered the new year the market has been optimistic.
Miss Universe Contestant Represents El Salvador With Bitcoin-Inspired Costume
Actress and model Alejandra Guajardo represented El Salvador in the preliminary competition of the Miss Universe 2022 pageant by wearing a costume featuring Bitcoin during her walk across the stage.
Bitcoin Price Fails To Seal Fresh CPI Gains As $18K Support Hangs in Balance
BTC price action returns to consolidate on the U.S. CPI release, with Bitcoin firmly undecided on short-term direction.
Samsung Bitcoin Future Active ETF to Hit Hong Kong Stock Market on Jan 13
Samsung investment arm’s subsidiary – Samsung Asset Management Hong Kong (SAMHK) – outlined plans to list Samsung Bitcoin Futures Active ETF on the Hong Kong stock market starting January 13.
El Salvador’s Bitcoin-Backed Bonds Inch Closer After Greenlighting Digital Asset Bill
El Salvador faced a tough year after making Bitcoin legal tender in the country. But the country’s Legislative Assembly voted to pass a historic – Digital Asset Issuance legislation – that is expected to set the stage for the issuing of President Nayib Bukele’s bitcoin bonds, aka, the Volcano Bonds.
13% of BTC Supply Returns To Profit As Bitcoin Sees ‘Massive’ Accumulation
Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the “foundation” of a macro bottom.
Cathie Wood Bullish On Bitcoin, Investing Heavily In Coinbase And Tesla
Cathie Wood’s investment management firm Ark Invest purchased an additional 74,792 shares of crypto exchange Coinbase (COIN), the company said on Thursday. Ark Invest also added 99,523 shares of Tesla (TSLA).
Questions Raised As Grayscale Reportedly Moved 21K BTC on Dec 31st
Grayscale Investments, an American digital asset manager and a Digital Currency Group (DCG) subsidiary, is reported to have moved about 21K BTC on Dec 31st. The assets were moved at an on-chain realized loss of 60%, significantly impacting the SOPR metric, as it declined to 0.93. While it has raised eyebrows, investigations suggest it was a harmless fund flow.
