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Bitcoin 'roadmap to bottom' says $58.7K Binance cost basis now crucial

A recent analysis highlights that Bitcoin's cost basis on Binance is currently at $58,700, which is seen as a critical level for the cryptocurrency's price trajectory. Analysts suggest that this price point could serve as a "roadmap to bottom," indicating potential support for Bitcoin as it navigates market fluctuations. The article emphasizes the importance of this cost basis in determining future price movements and investor sentiment. As Bitcoin continues to face volatility, traders are closely monitoring this key level for signs of stability or further decline.

Read the full article: Coin Telegraph

Warren Presses Treasury, Fed to Rule Out Bitcoin Bailout As Prices Tumble: Report

Senator Elizabeth Warren has urged the U.S. Treasury and the Federal Reserve to explicitly rule out any potential bailout for Bitcoin and other cryptocurrencies as their prices continue to decline. In light of recent market volatility, Warren expressed concerns about the risks posed to investors and the broader financial

Susquehanna-backed Blockfills up for sale after $75 million lending loss

Blockfills, a cryptocurrency trading and liquidity firm backed by Susquehanna International Group, is up for sale following a significant $75 million loss in its lending operations. The company has faced challenges in the volatile crypto market, prompting the decision to seek a buyer. Blockfills was founded in 2018 and has

'Bitcoin Going to Zero' Google Searches Rise With Crypto Sentiment in the Dumps

Recent data shows a significant increase in Google searches for the phrase "Bitcoin going to zero," reflecting a growing pessimism in the cryptocurrency market. This surge in searches coincides with a decline in Bitcoin's price and overall negative sentiment among investors. Analysts attribute this trend to

Eric Trump reitrates claim bitcoin is just getting started on its road to $1 million

Eric Trump has reiterated his belief that Bitcoin is on the verge of significant growth, predicting it could reach $1 million in value. He emphasized that the cryptocurrency market is still in its early stages and has substantial potential for future expansion. Trump's comments come amid increasing interest

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Warren Presses Treasury, Fed to Rule Out Bitcoin Bailout As Prices Tumble: Report

Susquehanna-backed Blockfills up for sale after $75 million lending loss

'Bitcoin Going to Zero' Google Searches Rise With Crypto Sentiment in the Dumps

Eric Trump reitrates claim bitcoin is just getting started on its road to $1 million