Bitcoin losing $70,000 is a warning sign for further downside

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Crypto News

Bitcoin BTC$67,846.00 is back below $68,000, making the earlier bounce to above $70,000 look weaker. The largest cryptocurrency briefly tried to reclaim the level on Monday, only to be pushed down toward $67,000 as sellers emerged around the breakout zone. It was trading near $68,000 early Wednesday, roughly flat on the day but now sitting […]

BTC and ETH Falling While Altcoins Stable Is Often a ‘Sign of Strength,’ Says Analyst

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Crypto News

Crypto analyst and macroeconomist Alex Krüger thinks the market looks ugly enough to turn bullish. On Saturday, Krüger wrote on X, that “most crypto charts now look so broken and bearish that it’s bullish.” He argued that when price action looks this bad, the panic has usually gone far enough that a reversal may not […]

‘Mt. Gox, Where is my Money’? Sign Put Up for Auction by Kolin Burges

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Crypto News

One cold February morning in 2014, Kolin Burges stood outside Mt. Gox’s Tokyo office, clutching a handwritten cardboard sign and demanding answers from the bitcoin exchange’s CEO, Mark Karpeles, about his missing tokens. Eleven years later, the iconic sign, emblematic of crypto’s first major financial scandal, is being auctioned on Scare.City with a reserve price […]