Bitcoin Flashes Overbought RSI Reading Following Multi-Day Rally
Bitcoin's daily Relative Strength Index has climbed above 80 following a rapid multi-day rally, signaling that a short-term pullback may be possible.
Read articleBitcoin's daily Relative Strength Index has climbed above 80 following a rapid multi-day rally, signaling that a short-term pullback may be possible.
Bitcoin rallied by 22.9% following heavy buying pressure, capital inflows, and massive short liquidations across the crypto market.
XRP experienced a 37% flash crash on Saturday, August 22, as part of a broader crypto market liquidation event totaling $1.35 billion over 24 hours.
A recent surge in the price of Bitcoin has lowered Riot Platforms' loan-to-value ratio on a $200 million Coinbase loan, potentially clearing the way to release more than 1,100 to 1,500 pledged coins depending on the appl...
The XRP Ledger has surpassed Stellar in total stablecoin supply, driven by the growth of Ripple USD (RLUSD), which recently crossed a $2 billion market cap.
According to Factblock CEO Andrew Park, South Korea is shifting from a retail-driven crypto market into an institutional digital finance hub, supported by corporate account access and upcoming central bank trials.
South Korea's major exchanges responded after an exploit on The Sandbox's Base deployment resulted in unauthorized token minting.
The cryptocurrency market experienced a major flash crash, wiping out $108 billion in market value within six minutes and triggering over $1.7 billion in liquidations.
The metric couldn't reach such high levels even during the January and May runs. Bitcoin’s price went on a tear in the past few days, surging to its highest level since mid-May of just under $80,000 after being stuck bel...
Bitcoin recently pulled back from above $79,000 toward $77,000, triggering $547 million in liquidations as analysts weigh upcoming macroeconomic events and key technical support levels.