Circle Just Launched cirBTC: ‘Wrapped Bitcoin’ on Ethereum Bullish for BTC?
Circle cirBTC: What Wrapped Bitcoin Actually Means The post Circle Just Launched cirBTC: ‘Wrapped Bitcoin’ on Ethereum Bullish for BTC? appeared first on 99Bitcoins.
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Key takeaways Ethereum continues its downtrend after breaking key support levels and testing a low of $1,505 last week. The broader crypto market remains under pressure following last week’s massive dump. The cryptocurrency market starts the week on a weak footing, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continuing to trade under heavy selling […] The post Ethereum remains under pressure after double-digit weekly losses appeared first on CoinJournal.
Read full articleCircle cirBTC: What Wrapped Bitcoin Actually Means The post Circle Just Launched cirBTC: ‘Wrapped Bitcoin’ on Ethereum Bullish for BTC? appeared first on 99Bitcoins.
Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In […]
Bitmine's Ethereum acquisition may drive short-term price increases, reflecting institutional confidence and influencing market sentiment. The post Tom Lee’s Bitmine buys $213.5M Ethereum, boosting market confidence appeared first on Crypto Briefing.
In crypto news today (June 9), the market is sitting relatively flat, with Bitcoin barely holding on to $63,000 on this Tuesday after a +0.2 overnight move. Liquidations continue to slow, with just $301M in positions liquidated and, most notably, the split between longs and shorts is nearly even. Of the other major caps, Cardano.. The post Crypto News Today (June 9): BTC Holding $63K, Humanity Protocol Hacked for $32M, Ethereum ETFs Turn Green appeared first on 99Bitcoins.
The escalation highlights geopolitical instability's impact on global markets, emphasizing the need for investors to monitor diplomatic developments. The post Explosions rock Tehran as Israel and Iran trade air strikes, Bitcoin dips toward $63K appeared first on Crypto Briefing.
WLD and ZEC have risen the most over the past 24 hours, ADA has also tried to stage a comeback after the recent crash.
Bitcoin trades near $63,200 as weak futures activity, oversold RSI and U.S inflation data test whether its rebound can reclaim $64,200 again.
Strategy’s growing preferred stock obligations and reliance on Bitcoin-backed financing have increased the risk to common shareholders, while the company’s stock continues to trade about 31% above its estimated net asset value, according to a Fortune analysis. Fortune warned that…