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Bitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb

Bitcoin Hits .9K Mark, Short Positions Liquidated in Wake of Price ClimbAt 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase. This uptick pushed bitcoin’s seven-day gains to 6.7% against the U.S. dollar. According to recent data, ‘Uptober’ returns now sit at 3.83%. In the past […]

Crypto industry skeptical of memecoin promoted on Trump’s social media

JPMorgan Expects Crypto Market Recovery Beginning in August

JPMorgan Expects Crypto Market Recovery Beginning in AugustGlobal investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales as contributing factors. JPMorgan’s analysts believe this revised net flow will stabilize the […]

Crypto industry skeptical of memecoin promoted on Trump’s social media