BTC Fell Below $17,000 and ETH Fell to Near $1,200
Bitcoin briefly fell below 17,000 USDT and Ethereum briefly fell below 1,200 USDT. Data shows that the net exposure in the past 24 hours exceeded $70 million, including $26.75 million in Ethereum and $17.05 million in bitcoin.The day's drop reached 3.71%, the market volatility is large.
Binance News: Glassnode Data Reveals Under Reporting Of PoR Assets
While Binance CEO Changpeng “CZ” Zhao tries to calm crypto Twitter about their financial health and withdrawals, Binance FUD seems to take more time. Binance CEO assures customers that their funds are safe and claims these “stress tests” actually help them build trust in their customers and the crypto community. On-chain data have also indicated no FTX-like behavior. However, uncertainty in the crypto market continues to persist.
Perplexing Tranquility? Bitcoin's Implied Volatility Hits Lowest Since October 2020
Bitcoin's annualized seven-day implied volatility (IV), or the options market's forecast of a likely movement in the underlying asset, has declined to a two-year low of 38.2%, according to data source Amberdata.
Microstrategy Founder Reiterates BTC Is the Only Stable, Trusted, and Efficient Cryptocurrency
Michael Saylor, the founder of Microstrategy, the largest-known institutional holder of Bitcoin continues to flag the opinion that the leading crypto asset BTC, is the only stable, trusted, and efficient cryptocurrency.
Will There Ever Be a Bitcoin Killer? 7 Arguments to Present a Compelling Case
Why bother trying to second guess the market for small niches when you already know who has won the main race?
Research: Bitcoin Long-Term Holders Remain Bullish Despite Losses
Bitcoin’s (BTC) year-long decline has left several holders with unrealized losses, including long-term holders (LTH) who have held the coin for at least six months.
Bitcoin and Ethereum Take a Nosedive As Fed Signal More Interest Rates Hike
Market leader Bitcoin (BTC) traded above $18,000 for the first time since the FTX crash, to the delight of users, but the joy was short-lived in the early hours of Wednesday.
BTCMSaylor Announces Its Fairlaunch On Pinksale
BTCMSaylor, a new Bitcoin platform utilizing modern technology and advanced features created in support of the love of Micheal Saylor for Bitcoin, announces its fair launch presale.
Crypto Community Probably ‘Cheering’ Sam Bankman-Fried’s Arrest — Animoca Founder
The co-founder of Animoca Brands Corp. believes that the arrest of Sam Bankman-Fried might have brought some relief for the crypto community, who are probably cheering it on.
Creditor Offers Troubled Bitcoin Miner Core Scientific $72M to Avoid Bankruptcy
United States-based financial services company B. Riley has offered embattled Bitcoin mining firm Core Scientific $72 million to fix its debt issues and avoid bankruptcy.
