Revolut users reported that the app briefly displayed Bitcoin prices plunging to around $39,900 on Friday, while some traders also received notifications suggesting extreme price moves, including that BTC had reached a 52-week low of 2 cents. Users further reported on X apparent simultaneous price drops across multiple cryptocurrencies, including XRP and Solana (SOL), as well as stablecoins such as USDt (USDT) and USDC (USDC). The anomalies, which quickly reversed, appear to have been confined to the Revolut app, with no matching price dislocation visible across aggregated multi-exchange data or…
Tag: Price
Ethereum Bears Target $1,800 ETH Price: Here Is Why
Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000. Key takeaways: Low network activity signals declining usage and reduced onchain demand for ETH. Coinbase Premium remains negative as spot Ethereum ETF outflows returned, reflecting strong US-driven sell pressure. Ether’s falling wedge pattern targets $1,830. Ether’s total value locked hits 12-month lows Ethereum’s network fundamentals are weakening, with weekly average transactions dropping by 10% to 4.79 million, per data from Nansen. Active addresses…
Zcash Price Soars as Traders Rotate Into Privacy-Focused Crypto
Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying closer attention to privacy-focused projects. Zcash traded at about $346 on Friday, May 1, before hitting a seven-day peak of $593.86 on Wednesday. It has since settled at around $570 as of Friday, according to CoinGecko. Pav Hundal, lead market analyst at crypto exchange Swyftx, told Cointelegraph that traders have begun paying closer attention to privacy projects “amid broader concerns about the impact of AI, quantum computing and financial surveillance…
XRP Price Slides Back To Range Support After Failed Upside Push
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Ethereum Price Extends Decline As $2,220 Support Comes Into Play
Ethereum price started a downside correction below $2,350. ETH is now showing a few bearish signs and might decline further if it trades below $2,265. Ethereum started a downside correction below the $2,365 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,315 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,325 zone. Ethereum Price Dips Further Ethereum price failed to stay…
Bitcoin Price Gives Up Part Of Rally, Sellers Reappear Near Highs
Bitcoin price started a fresh decline below the $81,200 zone. BTC is correcting gains and might struggle to stay above the $78,800 support. Bitcoin failed to stay above $80,500 and extended losses. The price is trading below $81,000 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $80,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $81,200 and $80,800 levels. Bitcoin Price Dips Again Bitcoin price…
Is $115K BTC Price Realistic?
Key takeaways: Half of the $6 billion in Bitcoin options open interest is tied to long-shot strategies used for hedging and neutral price strategies. The 9% put (sell) options premium hints that professional traders are worried about a potential Bitcoin price drop. Bitcoin (BTC) bulls have high hopes for the year-end options expiry on Dec. 25, which features $6 billion at stake. The 33% price gain since the $60,130 yearly low on Feb. 6 have played a major role in bringing back bullish expectations. However, the huge amount of call…
Analyst Sets $220,000 Minimum Price Target For Bitcoin, But How Will It Get There?
A crypto analyst has identified a multi-year Cup and Handle pattern on the Bitcoin (BTC) chart that he says has gone largely unnoticed by the broader market, despite its significance. The analyst believes this single formation signals a major bull trend ahead for Bitcoin, projecting a minimum price target of $220,000 once the cryptocurrency begins its parabolic move. Bitcoin’s Roadmap To A $220,000 Price Target Market analyst Crypto Tice has announced that Bitcoin has completed a Cup and Handle pattern that had been forming for years. In an X post,…
American Bitcoin loses $82m as bitcoin price falls
American Bitcoin posted an $81.8 million net loss in Q1 2026, even as the Trump-backed miner set a new quarterly production record of 817 BTC and cut its mining cost by 23%. Summary American Bitcoin reported an $81.8 million net loss in Q1, up from a $59.5 million loss in Q4 2025. Bitcoin fell 22% during the quarter, triggering a $117.2 million non-cash impairment charge on the company’s holdings. The company mined a record 817 BTC and reduced its cost per coin to $36,200, a 23% improvement from $46,900 in…
Bitcoin Faces Massive Long Liquidation Imbalance As $15 Billion Sits Below Price
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…