..

Whales Sink Price of Bitcoin

Written by:
Aaron Goldstein
Published on:
May/09/2020

The price of Bitcoin fell from a high of $9990 to $7995 before rebounding to $8656 late Saturday.  This represented at 15% drop.

Coinbase suffered a brief outage when crypto prices plummeted Saturday afternoon.

From Decrypt.co:

Apparently, whales started liquidating their BTC positions in $2 million chunks just as the clock struck 5 PM in California. Bitcoin dropped from $9561 to $8570 in just under 30 minutes, before perking up to $8770, where it appeared to level off as of this writing. 

- Gilbert Horowitz, Gambling911.com

Business/Financial News

“Peculiar” BTC Price Action Sparks Volume Surge

“Peculiar” BTC Price Action Sparks Volume Surge

The price of Bitcoin shot above the $10,000 mark for the first time since February.

Dow Futures Jump as Investors Focus on Economy, Not Civil Unrest

Dow Futures Jump as Investors Focus on Economy, Not Civil Unrest

U.S. stock futures were higher in early trading on Tuesday as investors looked past civil unrest throughout the United States.  The focus is more on businesses reopening following months of closure due to a global pandemic.

Bitcoin Shoots Over $10K

Bitcoin Shoots Over $10K

The price of Bitcoin has hit an important milestone June 1, 2020, crossing above the $10,000 mark.

New Bitcoin Bug Could Wreak Havoc YouTube Censorship Blockchain Alternative Lbry.tv

New Bitcoin Bug Could Wreak Havoc, YouTube Censorship Blockchain Alternative Lbry.tv

Bitcoin's timelocked transactions used to discourage miners were found to be bugged.

Stock Futures Slip: Bookmaker Offers Over, Under on 25300

Stock Futures Slip: Bookmaker Offers Over, Under on 25300

U.S. stock futures fell on Sunday night amidst civil unrest across the United States.

Syndicate