Revolut experienced a technical glitch causing Bitcoin prices to display erroneously at $0.02 on its app, triggering alarm among users. The issue was traced to a third-party service disruption, but no user assets were lost and Bitcoin traded normally on major exchanges. This incident highlights risks of relying on fintech apps for real-time crypto data, as past glitches have caused significant market disruptions. Revolut is investigating the problem and reassures users their holdings remain safe.
Bitcoin's recent price gains in July appear fragile due to weak demand in the U.S., indicated by a negative Coinbase Premium for 50 days and continuous outflows from U.S. spot ETFs. Rising bond yields in Japan and other major economies add pressure, ...
Bitcoin struggled to break above the $64,000 resistance level, facing rejection three times but trading near $63,240 with a weekly gain of almost 6%. Large investors, or whales, showed bullish confidence by opening leveraged long positions totaling a...
Bitcoin retreated from a two-week high of $64,500 to around $63,176 amid declining open interest and weak spot demand, raising concerns about the sustainability of its 8.4% gain in July. The recent rally was largely driven by a short squeeze rather t...
Bitcoin's price dropped sharply to nearly $61,000, falling below the bull market trendline, but buyers quickly pushed it back above the 200 SMA, signaling strong support around $63,000. This flash crash left a notable candle tail, historically follow...
Solana (SOL) saw a 1.7% price drop to around $79-$80 but maintained key support levels despite broader crypto declines. U.S. spot Solana ETFs attracted $5.75 million in net inflows, contrasting Bitcoin and Ethereum ETFs which faced outflows. The netw...
