Bitcoin's price fell sharply to $60,000 after weeks of decline, driven by capital outflows as investors favored traditional markets like the S&P 500. High transaction volumes and increased Bitcoin inflows to exchanges indicate a significant transfer of holdings and ongoing selling pressure. Miner profits have halved due to the price drop, and hash rates have declined, adding to market uncertainty. The current capitulation phase suggests the price could fall further toward $51,000 before stabilizing.
The head of the International Air Transport Association (IATA) warned that soaring jet fuel prices driven by the Iran war could push more budget airlines to bankruptcy or acquisition this year. Budget carriers are hit hardest due to their lack of hig...
Bitcoin maintained a steady dominance of 56% while trading around $62,367, reflecting a stable market amid modest gains in major cryptocurrencies like Ethereum. Select altcoins such as CC, ZEC, DOGE, and XLM posted notable 24-hour gains, indicating p...
Bitcoin's Relative Strength Index (RSI) has dropped to its most oversold level since 2020, a signal that historically preceded significant price rebounds of 50% in 2020 and 30% in February 2026. Traders are closely watching this momentum indicator as...
In 2024, Germany sold 49,858 BTC for $2.89 billion at an average price of $57,900 after seizing the coins from piracy operators. Initially criticized as a huge loss since Bitcoin prices doubled afterward, recent market corrections have narrowed the g...
XRP Ledger, originally focused on payments, is now being used by enterprises to tokenize real-world financial assets like securities, stocks, and loans. Ripple's RLUSD stablecoin is expanding across multiple blockchains, enhancing liquidity for token...
