Bitcoin Market Faces Heavy Sell Pressure as MtGox Moves $2.7 Billion in BTC

The crypto market has experienced significant liquidation pressure recently due to movements by the defunct Mt. Gox exchange. Despite various market fluctuations, Bitcoin and Ethereum confronted notable selling pressures, leading to substantial market impact. Industry experts emphasize the importance of understanding market dynamics amidst these liquidations. Over $665 Million in Liquidations Hit Crypto Markets as

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Just-In: German Govt Moves 500 Bitcoin, Another BTC Dump Imminent?

The German government recently transferred 500 Bitcoin (BTC) amid a sharp market decline, with the BTC price falling to $55,000. This move has sparked fears of an accelerated market crash. Moreover, the Mt. Gox collapsed crypto exchange has started repaying its creditors in Bitcoin and Bitcoin Cash (BCH), further exacerbating FUD in the market. Inside The post Just-In: German Govt Moves 500 Bitcoin, Another BTC Dump Imminent? appeared first on CoinGape .

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The Bear-Bull War on Bitcoin Continues! Are Longs or Shorts More at Risk in the Short Term?

Bitcoin (BTC) can liquidate both long and short investors with its sudden and sharp movements up and down. Continue Reading: The Bear-Bull War on Bitcoin Continues! Are Longs or Shorts More at Risk in the Short Term?

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Keir Starmer’s Win in UK Election 2024: What It Means for UK Crypto Regulations

The post Keir Starmer’s Win in UK Election 2024: What It Means for UK Crypto Regulations appeared first on Coinpedia Fintech News The Labour Party’s landslide victory in the UK general elections marks a significant political shift, ending 14 years of Conservative leadership under Rishi Sunak. As Keir Starmer prepares to take office, the UK’s crypto community speculates about potential changes in regulatory policy and market dynamics. The global crypto market cap fell 4.58% to $2.07 trillion …

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Base Mafia ICO Set to Launch

Base Mafia, a highly anticipated memecoin project, is set to launch its ICO in Q3 2024, aiming to revolutionize blockchain infrastructure.

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Crypto scammers stole nearly $60m from 20 victims in H1 2024, data shows

Phishing scammers made over $300 million across EVM chains by targeting around 260,000 victims, data compiled by Scam Sniffer shows. The first half of 2024 was yet another profitable period for phishing scammers as they stole $314 million worth of…

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Crypto scammers stole nearly $60m from 20 victims in H1 2024, data shows

Phishing scammers made over $300 million across EVM chains by targeting around 260,000 victims, data compiled by Scam Sniffer shows. The first half of 2024 was yet another profitable period for phishing scammers as they stole $314 million worth of…

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Dogwifhat Price Prediction July – Meme Coin Expert Says Wif Can Hit New $10 ATH

The post Dogwifhat Price Prediction July – Meme Coin Expert Says Wif Can Hit New $10 ATH appeared first on Coinpedia Fintech News The crypto market is deep into the red this week, but this could mark a lucrative opportunity to buy projects like Dogwifhat. Despite the market’s recent adversity, WIF is backed to hit $10 by a top industry player. Popular Trader Bluntz Flips Bullish, Says WIF Will Hit $10 The fun is over for bears if …

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Bitcoin Price Drops 8% as Mt. Gox Begins Creditor Repayments

Mt. Gox has begun to reimburse its creditors with Bitcoin and Bitcoin Cash today. Recent transactions involving Bitcoin worth billions of dollars have unsettled the market. The price of Bitcoin has fallen by approximately 8% following the announcement. Mt. Gox commences Bitcoin repayments, triggering market instability. Mt. Gox Initiates Repayments: Market Repercussions After years of

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Ethereum Floats on ‘Thin Ice’: Here’s Where & Why ETH Price Rally May Lose Control & Drop Below $2500

The post Ethereum Floats on ‘Thin Ice’: Here’s Where & Why ETH Price Rally May Lose Control & Drop Below $2500 appeared first on Coinpedia Fintech News The crypto markets are experiencing huge turmoil as the Bitcoin price crashed below $53,500 in the early trading hours. Huge transfers from the Mt. Gox cold wallet and the address held by the German government have created a ‘panic situation’ among the traders. Mainly because both of them have either 40,000 or $47,000 BTC, huge …

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