Crypto

Road Town, Tortola, British Virgin Islands, July 5th, 2024, Chainwire GoMining, a premier Bitcoin mining operator redefining the industry’s accessibility through their innovative NFTs, each backed with a real share of BTC hashrate, has revealed the upcoming listing of the GOMINING token on the HTX crypto exchange. GOMINING, the utility token of the GoMining platform, will be listed on the HTX crypto exchange on Monday, July 8, according to a joint statement made by HTX and GoMining. GOMINING deposits will…

The first week of July has been a difficult one for the market. But amid the growing sell-offs, crypto whales loaded their wallets with some altcoins that some may term undervalued. Whales are large investors, and their influence on price cannot be underestimated. Therefore, market participants may need to keep an eye on Dogecoin (DOGE), Optimism (OP), and Pepe (PEPE), as they are among the altcoins crypto whales bought this week. Dogecoin (DOGE) Large Holders Overlook The Decline Like other…

The US Bureau of Labor Statistics reported Friday that employers added 206,000 jobs in June. The unemployment rate rose slightly to 4.1%, above the estimated 4.0%, while average hourly earnings remained at 0.3% monthly. Although this suggests that the US job market continues to experience healthy growth, there has been a muted response in crypto markets. New Jobs Created Beats Analysts Estimate According to the Bureau of Labor Statistics, the US economy added 206,000 jobs in June. While this represented…

The post Crypto Traders Lose $600M in 24 Hours With Bitcoin Dragging Crypto Market Down appeared first on Coinpedia Fintech News The Bitcoin crash recently has dragged the entire crypto market down, with over $300 billion erased from the total capitalization since July 3. In the last 24 hours, over 230,000 crypto traders lost more than $660 million in long-squeeze liquidations. The long squeeze affected 233,088 traders, and Binance‘s ETH/USDT pair had the largest order, with $18.48 million. Bitcoin liquidated…

Amidst the carnage of the current cryptocurrency market crash, Solana ($SOL) is holding up well, especially against its $BTC and $ETH pairings. Is this a sign of things to come for Solana? With $BTC down around 4.3% so far on Friday, and with the entire crypto investment space probably wondering just how much further it might fall, $SOL is holding up extremely well in comparison. A lot of the altcoins are doing a lot worse than $BTC, so this makes…

The crypto markets have left traders sweating as prices have dropped significantly. Bitcoin (BTC) has fallen off a cliff, losing the 200-day SMA and slipping below $55,000. The cryptocurrency is currently trading at $53,937, with bears driving it even lower. Other major cryptocurrencies, such as Ethereum (ETH), Solana (SOL), and Toncoin (TON), have mirrored Bitcoin’s slump and registered significant drops as well. Crypto markets Slump As Correction Takes Hold The cryptocurrency market has seen a significant drop over the past…

The post Mt. Gox Moves 47,229 Bitcoin: Will the Crypto Market Face a Massive Sell-Off? appeared first on Coinpedia Fintech News Mt. Gox transfers $2.7B worth of $BTC to a new wallet! The move, involving 47,229 $BTC, is part of preparations for creditor repayments, with test transactions to ensure a smooth process. Analysts speculate on market impacts. Bitcoin’s price temporarily fell below $58,000 as the double whammy of the German government wallet selling and the starting of repayments from Mt…

Ethereum price remained in a bearish zone below $3,250 zone. ETH dived below the $3,000 support and even tested the $2,850 zone. Ethereum started a fresh decline below the $3,120 and $3,000 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct losses, but upsides might be limited above the $3,120…

Xaman Wallet integrates with C14, enabling easy fiat-to-crypto transactions and access to Xahau and XRPL tokens. C14 supports crypto purchases in over 50 countries, enhancing global accessibility for Xahau and XRPL users. The XRPL-based Xaman Wallet has now connected with C14, delivering a new fiat-to-crypto gateway that aims to transform the user experience in the cryptocurrency space. Have you already noticed the C14 xApp within Xaman? We are proud to see that our collaboration with @c14_team is enchanting accessibility and…