Bitcoin consolidates between $73,000 and $75,000 as liquidations trigger a short squeeze, but weak spot demand keeps the upside momentum in check.
Related Posts
Recent Bitcoin Correction Could Persist Due To Whale Activity — Santiment
The price of Bitcoin seemed to have broken into a fresh rally after making a run towards $75,000 during the week. However, the premier cryptocurrency has been on a steady decline since hitting a new one-month high around $74,000. According to a prominent blockchain firm, this decline may not be over yet for the price […]
Tether Eyes Gold Mining As New Frontier For Crypto Profit Deployment
Tether, the issuer of the market’s largest stablecoin by trading volume, USDT, is reportedly in discussions to invest in gold mining. The company aims to channel its substantial cryptocurrency profits into the metals market. According to a recent Financial Times report, Tether is exploring opportunities across the entire gold supply chain, including mining, refining, trading, […]
Crypto Market Structure Bill Update: Blockchain Association CEO Highlights Key Developments
As the US Congress gears up to mark up the long-awaited crypto market structure bill on January 15, industry representatives are actively engaging in discussions regarding the critical elements of this legislation. Summer Mersinger, CEO of the Blockchain Association, highlighted important points concerning the state of the bill and the ongoing negotiations among lawmakers in […]