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Bitcoin drops to $58K on high US PCE inflation as trader sees ‘manipulation’

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Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.

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Coin Market

Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?

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Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower.

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Coin Market

Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?

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on

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Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower.

Continue Reading

Coin Market

Kraken, Maple launch onchain warehouse facility for crypto-backed institutional loans

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Kraken’s new facility with Maple brings a traditional warehouse financing model onchain, allowing the exchange to expand its institutional crypto lending business using blockchain-based structured credit.

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