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Bitcoin price slides below $63,000, triggering a spike in long liquidations

Bitcoin price slides below $63,000, triggering a spike in long liquidations

Bitcoin is currently trading at its monthly low of $62,270, 15% below its all-time high of $73,737 reached on March 14.

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Bitcoin Nears $62K as Crypto Bulls See $150M in Liquidation

The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.

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Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst

The bearish pattern hints at a further correction.

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South Korean think tank says spot crypto ETFs do more harm than good for local economy

South Korean regulators currently do not allow issuance or trading of spot crypto ETFs, while lawmakers are moving to make them accessible.

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Light Protocol and Helius Labs introduce ‘ZK Compression’ to further scale Solana apps

Solana-based developers Light Protocol and Helius Labs have introduced “ZK Compression” to further applications on the network scale.

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Japanese firm Metaplanet Inc. to buy bitcoin worth $6.3 million through bond issuance

The Tokyo-listed investment firm plans to purchase 1 billion yen worth of bitcoin with the capital raised through an upcoming bond issuance.

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Ark Invest CEO Cathie Wood says she plans to vote for Trump for US economy

Wood has been a long proponent of crypto, while Trump has recently expressed support for the crypto industry.

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Ethereum gas prices, Bitcoin miner revenue both approach record lows

Ethereum’s median gas price fell below 3 gwei for the first time since 2020 as Bitcoin miners continue to feel the impact of the latest halving.

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Aave DAO signals unanimous support for deploying on ZKsync in community vote

Aave received a large sum of ZKsync tokens from the protocol’s recent airdrop despite the fact it has yet to deploy on the network.

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CoinStats warns users to move funds from wallets created on platform following security incident

The hackers reportedly attempted to trick users into installing malicious software on their mobile devices through a scam notification.

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