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[LIVE] Crypto News Today, December 16 – Bitcoin Falls Below $86K Amid Extreme Fear and Significant Liquidations – Next Crypto To Explode?

Another day, another red Bitcoin candle. Why is crypto crashing? Liquidations have exceeded $658 million in the last 24 hours, primarily affecting optimistic positions, intensifying the downward move amid thinner, year-end trading volumes. This deleveraging process appears driven by efforts to scale back excessive borrowing built up during recent rallies, leading to cascading sales as …

Why is Elon Musk Shuffling BTC Ahead of Rumored SpaceX IPO?

What’s going on with SpaceX and its Bitcoin (BTC) holdings? The privately held company has been in the news for a while regarding its BTC reshuffling activities, and has once again made the news for the same reason. On-chain data suggests that the company shifted a massive chunk of its Bitcoin BTC $90,394.99 2.57% Bitcoin …

Crypto Market News Today, December 10: Green BTC USD Inflows with ETH to Bitcoin Price Broke Downtrend with 12% Rally as Short Positions Wiped Out

BTC and ETH both opened the day with a clear uptrend sentiment against USD, just before the expected 25bps rate cut, and the strength showed up early in the Bitcoin to Ethereum price relationship as well. With Bitcoin price inflows turning green and ETH USD bouncing sharply, the market finally looks like it’s regaining clear …