Bitcoin Drops to $96,256 After Failing To Break $100K, Triggering $500M in Liquidations
Bitcoin’s price has fallen to $96,256, retreating from its recent high of $99,645 achieved on Nov. 22.
Bitcoin’s price has fallen to $96,256, retreating from its recent high of $99,645 achieved on Nov. 22.
On Nov. 23, 2024, Wrapped Bitcoin (WBTC) experienced a sharp flash crash on the Binance exchange, with its price briefly dropping to $5,200.
Ever since Donald Trump won the presidential election on Nov. 5, Bitcoin (CRYPTO: BTC) has been absolutely en fuego. The pro-crypto optimism surrounding the Trump presidency is gaining momentum, and investors are likely to ratchet up their price forecasts for Bitcoin as we head into 2025. The so-called "Trump trade" is essentially a bet that many of the pro-crypto promises made by Trump on the campaign trail will actually materialize once he becomes president.
Texas Sen. Ted Cruz wants his state to be “an oasis" for bitcoin. But utility regulators say they need greater visibility into the stress that mining operators put on the electric grid.
BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally.
BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally.
BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally.
Bitcoin remains in focus to start the week as the cryptocurrency sits on the precipice of crossing the $100,000 mark for the first time. Monitor these important chart levels.
Lutnick's financial services firm, Cantor Fitzgerald, is discussing receiving support from Tether to help fund the project, which could potentially reach tens of billions of dollars, the report said, citing people familiar with the matter. "Tether Investments is looking to use part of the profits generated in the past years for different opportunities", Tether said in an e-mailed response to Reuters.
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times. This spring U.S. President Joe Biden's administration said it was awarding Intel nearly $20 billion in grants and loans, supercharging the company's domestic semiconductor chip output and marking the government's largest outlay to subsidize leading-edge chip production. The U.S. announced a preliminary agreement for $8.5 billion in grants and up to $11 billion in loans for Intel in Arizona, with some of the funding to be used to build two new factories and modernize an existing one.