Posts

Showing posts with the label bitcoin

Binance Pays $283,000,000 Reimbursement To Customers, Denies Causing Bitcoin and Crypto Market Crash

Crypto exchange giant Binance says it’s paying about $283 million to customers affected by asset de-pegging issues during Friday’s market crash. The compensation covers losses from liquidated positions where users held USDE, BNSOL and WBETH as collateral. President Trump’s renewed tariff threat against China triggered the widespread market selloff, and Binance denies claims that it’s to blame for the major crypto downturn. “We are aware of claims that the de-pegging of certain Binance Earn products relating to USDE, BNSOL, and WBETH, caused the market crash, and therefore we wish to clarify that it was not the case. The extreme market downturn occurred before the de-pegging. Records show that during the market sell-off, prices fell to their lowest point between 2025-10-10 21:20 and 21:21 (UTC), while the severe de-pegging occurred after 21:36 (UTC) on the same day. Where the de-pegging impacted some users who had their positions li...

Bitcoin Tipped To Peak In 2026 – Here’s Why

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Calm Before The Surge? Bitcoin Price Stability Signals Sustainable Rally Ahead

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

OKB Hits New ATH, Kanye West’s YZY Crashes, Bitcoin Below $113K Ahead Of Jerome Powell’s Jackson Hole Speech: Market Wrap

Image
OKB soared to a new all-time high (ATH), Kanye West’s YZY token plummeted, and Bitcoin dropped below $113K ahead of Fed Chair Jerome Powell’s Jackson Hole Speech later today. OKB led gainers with a 16% surge to trade at $218 as of 4:15 a.m. EST, where it also touched a new ATH at $255.50. Among other top gainers, Zcash (ZEC) jumped 9.8%, GateToken (GT) climbed 5.6%, and KuCoin Token (KCS) rose 3.2%. Meanwhile, the Bitcoin price tumbled a fraction of a percent to trade at $112,837 ahead of Powell’s potentially pivotal speech. Investors will be watching closely for signals on whether the Fed is preparing to cut rates in September or remains concerned about inflation. OKB Soars To ATH As Broader Market Dips With Neutral Sentiment OKB has reached a new all-time high at around $229, with Fibonacci retracements indicating key support at $200 and resistance at $236. The 50-day and 200-day Simple Moving Averages (SMAs) remain bullish, and the RSI at 59.17 refle...

Ripple XRP May Have More Room For Growth Than Bitcoin: Here's Why

Image
Ripple’s XRP token has seen an incredible price spike in 2025. The asset not only breached the $3 mark for the very first time in seven years earlier this year in January, but also climbed to a new all-time high of $3.65 in July. XRP may have more room for growth than Bitcoin (BTC). Let’s discuss why. Why Does XRP Have More Potential Than Bitcoin? Source: Bitcoin Block Bitcoin (BTC) is trading at around $122,000 right now. It is the highest the asset has ever reached. Many anticipate BTC to continue its upward momentum over the coming years. Industry experts believe the original crypto will eventually breach the $1 million mark by the end of this decade. If BTC hits $1 million from current price levels, its price will rally by roughly 720%. XRP, on the other hand, could climb much higher percentage points than Bitcoin (BTC) over the coming years. According to Telegaon’s XRP statistics, it could trade at a maximum price of $48.03 in 2030. XRP price will rally by about 1...

Strategy Converts Record IPO into New $2.52B Bitcoin Purchase

Image
Strategy , the enterprise‑software group that has reinvented itself as the world’s largest corporate holder of Bitcoin, has poured every dollar of its $2.52 billion initial public offering into the purchase of 21,021 BTC. The move not only cements this year’s biggest public share sale but also extends the company’s already formidable cryptocurrency treasury on the eve of heightened regulatory scrutiny. Strategy has acquired 21,021 BTC for ~$2.46 billion at ~$117,256 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of 7/29/2025, we hodl 628,791 $BTC acquired for ~$46.08 billion at ~$73,277 per bitcoin. $MSTR $STRK $STRF $STRD $STRC https://t.co/PEQQGfvkYe — Michael Saylor (@saylor) July 29, 2025 IPO Raises US $2.52 Billion Priced at $90 per share, the sale of 28 million Series A variable‑rate preference shares was more than five times oversubscribed, attracting institutional demand from North America, Europe and parts of Asia. Underwriters exerci...

SpaceX Moves $153 Million in Bitcoin After Three-Year Silence

Image
SpaceX has reignited interest in the cryptocurrency market by moving a substantial amount of Bitcoin worth approximately $153 million. The transfer marks the company’s first publicly known movement of its Bitcoin holdings since its initial purchase over three years ago, ending a prolonged period of silence on the matter. BREAKING: SPACEX JUST MOVED BITCOIN FOR THE FIRST TIME IN 3 YEARS They sent 1.3K BTC ($153M) to a fresh address this morning. Cycling custody wallets or moving to sell? pic.twitter.com/bFkhkjYdho — Arkham (@arkham) July 22, 2025 SpaceX’s Bitcoin Activity Resurfaces After acquiring Bitcoin in early 2021, SpaceX’s cryptocurrency holdings appeared dormant until the recent significant transaction. The movement of roughly 3,000 Bitcoins from SpaceX’s wallets was observed on the blockchain, signalling renewed activity by the aerospace giant in the digital asset realm. This transfer represents one of the largest single Bitcoin movements attribute...

The Final Bitcoin Act: Here’s What To Expect As BTC Trends Sideways

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin Bulls In Cloud 9? Analyst Identifies Where Risk Lies

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Why Bitcoin will slingshot to $130,000 by August

Image
Bitcoin’s (BTC) technical indicators suggest the maiden digital currency is likely to hit a new all-time high of around $130,000 in the coming weeks. This comes as Bitcoin attempts to reclaim the $110,000 level, which has acted as a major resistance point in recent sessions. As of press time, BTC was trading at $108,118, up 0.5% in the past 24 hours and nearly 1% over the past week. Bitcoin seven-day price chart. Source: Finbold For the price outlook, Analysis by TradingShot , in a TradingView post on July 5, highlighted that Bitcoin is flashing a strong bullish signal after completing a golden cross on the four-hour chart. The cryptocurrency is now holding above its four-hour 50-period moving average (MA), a key support level that, if maintained, could fuel a sharp rally. According to TradingShot, the current setup mirrors Bitcoin’s April–May rally, when a similar channel up pattern peaked near the 2.618 Fibonacci extension. The fractal shows the same serie...