Some Revolut users saw bitcoin prices on the app briefly plunge far below global market levels, with reports of BTC showing as low as 2 cents before snapping back to normal prices around $79,000. This anomaly did not appear on major exchanges, suggesting it was likely a display or liquidity-related glitch on Revolut's platform. It remains unclear if any trades were executed at these aberrant prices. Revolut has not commented on the incident, and if trades did occur, the company would need to investigate whether it was due to stale quotes, routing issues, or a platform error. Such glitches have happened before in crypto apps due to thin liquidity or technical issues, but this incident appears isolated to Revolut users.
Bitcoin's 200-week moving average (200WMA), a key long-term trend indicator, has surpassed $61,000, as highlighted by Bitcoin pioneer Adam Back. This moving average is significant because it often marks the boundary between bear and bull markets and ...
Bitcoin has completed a five-wave decline, signaling a potential short-term downward trend. The cryptocurrency is currently testing a key resistance level at $74,250, which if broken, could lead to a recovery toward $76,150. However, a larger resista...
Bitcoin is showing signs of weakening momentum as traders have wiped over $10 billion from the market this week, pushing the price closer to the $70k support level. Sentiment has dropped into extreme fear, a historical sign of capitulation, while mor...
Over $1.5 billion in Bitcoin long positions were liquidated following heightened geopolitical tensions after U.S.-Israel strikes on Iran, causing a sharp market selloff. This forced deleveraging reflects increased risk aversion and suggests Bitcoin i...
Bitcoin surged past $74,000 following the U.S. Commodity Futures Trading Commission's approval of Kalshi's Bitcoin perpetual contract, signaling regulatory openness to crypto derivatives. Meanwhile, the SEC filed charges against a Texas resident for ...
