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Why Bitcoin Could Still Fall to $47K in This Market Correction
Why Bitcoin Could Still Fall to $47K in This Market Correction

The crypto market may have further to fall according to one prominent technical analyst who has fingered futures traders for exacerbating the losses.

Cryptopotato·2024/07/09 11:49
Local Bottom or More Pain for Bitcoin’s Price? Bitfinex Analysts Chip In
Local Bottom or More Pain for Bitcoin’s Price? Bitfinex Analysts Chip In

Bitfinex said the market could recover soon because the large BTC sales from Mt Gox creditors and the German government has been priced in.

Cryptopotato·2024/07/09 11:49
UPDATE: German government continues bitcoin selling spree; less than half of its holdings remain
UPDATE: German government continues bitcoin selling spree; less than half of its holdings remain

Quick Take The German government continued to send and receive thousands of bitcoins from crypto exchanges and market makers on Tuesday. The government currently holds 22,846 bitcoins, less than half of the 50,000 bitcoins it seized from Movie2k in January.

The Block·2024/07/09 11:25
Chainlink (LINK) Price Outlook: Whales Step up as Important Metrics Flash Recovery Signals
Chainlink (LINK) Price Outlook: Whales Step up as Important Metrics Flash Recovery Signals

Whales have accumulated nearly $77 million worth of LINK tokens in the past week.

Cryptopotato·2024/07/09 08:19
Flash
21:39
The Central Bank of Brazil will hold a reverse foreign exchange swap auction on June 22, offering up to 20,000 related contracts.
Reverse foreign exchange swaps are commonly used by central banks in emerging markets as a tool to regulate exchange rates. The Central Bank of Brazil typically launches such operations to adjust foreign exchange market liquidity and stabilize fluctuations in the local currency, the Real. The market will closely monitor the final subscription of this auction and its actual impact on Brazil's foreign exchange market.
21:33
Grant Cardone announces that Cardone Capital has increased its holdings by 282 bitcoins
Grant Cardone announced that Cardone Capital has increased its holdings by 282 Bitcoin. (Cointelegraph)
21:15
Petrobras has passed a resolution to invest 1.2 billion USD in the construction of a new plant for the production of renewable aviation fuel and diesel.
After the establishment of this factory, it is expected to further enhance Brazil's domestic renewable fuel production capacity, promote the low-carbon transformation of the local transportation energy sector, and optimize the country’s energy supply structure to a certain extent.
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