rebound

Binance CEO: Recent Market Declines Are Not a Long-Term Negative Trend

August 8, 2024 Bitcoin.com

Binance

Binance CEO Richard Teng has addressed the recent declines in cryptocurrency and equity prices, attributing them to macroeconomic factors and advising against viewing them as long-term negative trends. He highlighted potential Federal Reserve rate cuts and geopolitical volatility as key influences, urging individuals to stay informed and proactive. Richard Teng Discusses Market Declines, Advises Caution […]

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Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?

Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels

May 28, 2024 Bitcoin.com

ATH

Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s Following a significant drop post-halving, much of the hashrate has returned to the […]

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Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

February 14, 2023 Bitcoin.com

Alameda Research

Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with […]

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Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?

British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike

September 26, 2022 Bitcoin.com

50bps

The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday morning. Pound Sinks Against Greenback […]

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Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?

Biggest Movers: THETA, HNT Rise Over 20%, Despite Crypto Crash

June 14, 2022 Bitcoin.com

Analysis

THETA was trading higher on Tuesday, as prices rebounded, moving away from multi-year lows in the process. HNT also rallied, climbing by as much as 20% earlier in today’s session. Theta Network (THETA) THETA was one of the most notable movers during today’s session, as prices gained by nearly 20% earlier in the day. Following […]

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Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?

Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty

July 21, 2021 Bitcoin.com

2013

On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. Despite being a scary term, the time is usually the best time to […]

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Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?

Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji

June 4, 2021 Bitcoin.com

Bitcoin

The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk Tweet Pushes Bitcoin Price Down Before the Weekend […]

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Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?