Bitcoin Breaks $100K Barrier as 190,000 Traders Liquidated in Largest Shakeout Since 2021
In an unprecedented surge, Bitcoin (BTC) officially crossed the $100,000 mark in the past 24 hours, setting off a wave of volatility across the cryptocurrency market. While the milestone has been celebrated by Bitcoin proponents, the aftermath has exposed vulnerabilities within leveraged trading. According to data from CoinGlass, approximately 190,000
Bitcoin Crosses $100K Again as Market Eyes $200K Target
Bitcoin has once again broken past the $100,000 mark, trading at $100,794 at the time of writing. The leading cryptocurrency surged 4.11% from an intraday low of $96,150, reclaiming six-figure territory for the third time since December 2024. The first record-breaking moment came on December 5, followed by a second
Among other things, Onyxcoin leads the daily gainers.
The cryptocurrency market saw notable movement today, with Onyxcoin ($XCN) leading the charge among the top gainers. The data, shared by Phoenix Group, highlights a range of tokens experiencing significant price increases, signaling bullish sentiment across various projects. Investors and analysts are closely monitoring the developments as several lesser-known assets make their
The US House votes against the IRS rule that targets DeFi platforms.
The decision was made after a similar Senate vote, and if approved again, it will go to President Trump. Meanwhile, the Senate Banking Committee is preparing to vote on the updated GENIUS Act, which is a stablecoin regulation bill that could grant US-issued stablecoins a competitive edge. Additionally, Senator Cynthia
Cryptocurrency Markets Brace for Volatility Amid U.S.-China Trade Talks
The renewed trade negotiations between the U.S. and China hold significance due to their potential market ramifications and trade relation shifts on a global scale. President Trump is pushing for a “fair deal” with China in new trade negotiations. His statement highlights the implementation of high tariffs on Chinese goods,
BTC at Crossroads: Miners Turn Bullish, Traders Stay Wary
Bitcoin’s breakout above the psychologically important $95,000 mark has energised some segments of the market—but not all. While miners are signalling renewed confidence by accumulating BTC, derivatives traders are expressing caution, betting on a potential short-term correction. This divergence has created an atmosphere of uncertainty around the coin’s next move.
Bitcoin Eyes $90K: Rally or Resistance Ahead?
Bitcoin (BTC) surged past $89,000 on April 22, marking its highest level since early March. Despite the bullish momentum, market analysts are urging caution as BTC approaches a major resistance zone that could determine its short-term direction. Strong Demand Pushes BTC to 6-Week High The latest rally has been fuelled
Bitcoin at the Checkout and DeFi in Crisis Zones: Today’s Crypto Round-Up
The crypto world saw a diverse set of developments today—from supermarket Bitcoin payments in Switzerland to DeFi lifelines in Yemen and renewed political pressure on the US Federal Reserve. Here’s a round-up of the top stories shaping the global crypto landscape. Bitcoin Goes Retail in Switzerland Bitcoin adoption took a
Bitcoin Still on Track for $1.8M by 2035, Says Analyst
Despite market corrections and global trade uncertainty, Bitcoin’s long-term outlook remains bullish, with some experts forecasting a price of $1.8 million or more by 2035. Joe Burnett, Director of Market Research at Unchained, reaffirmed this ambitious projection during Cointelegraph’s Chainreaction live show on X, arguing that Bitcoin is still in
$500M Bitcoin Liquidation Shocks Market: What’s Next for BTC?
The crypto market was rocked this week as Bitcoin experienced its largest liquidation event of the current bull run, wiping out over $500 million in leveraged positions. The sharp price drop left traders rattled and analysts urging caution amid rising economic uncertainty. A Week of Mayhem: $500M Liquidated in a
