BITCOIN

The upcoming Bitcoin halving event for block number 840K in the spring of 2024 could postively impact the price of Bitcoin.

"I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting more depression and more frustration about it."

Bitcoin traded at $17,000 levels on Sunday showing an almost 2% increase as investors hoped for a friendlier interest rate hike decision from the U.S. Central Bank.

Billionaire investor Mark Mobius has been highly vocal on crypto price predictions lately. According to him, the crypto winter is set to deepen.

Some Federal Reserve officials in the minutes of the meeting were quoted saying, that "slowing the pace of increase could reduce the risk of instability in the financial system."

These kinds of retail investors seemed undeterred by the ongoing crypto market crisis.

Every Bitcoin crash set the stage for another rally, which drove the digital currency to new highs, but will history repeat itself this time around?

Earlier this week, Bitcoin entered the $15,000 territory and hit a two-year low price.

The continuing FUD hovering in the industry pummels top crypto assets like Bitcoin and Ethereum.

Despite the prolonged crypto winter, billionaires are not fazed and some are even bullish about Bitcoin.

Self-custody of cryptocurrency assets means investors have complete control of their crypto assets without the need to rely on any third party like the CEX.

Bitcoin traded at about $16,500 per unit on Thursday, down from $45,000 in September 2021 when El Salvador adopted the cryptocurrency, and some $68,000 two months later -- its highest historic value.

El Salvador's long-awaited bitcoin conference, which was in the limelight in 2021 after the small nation became the world's first to adopt the cryptocurrency as legal tender, has lost its luster this time amid a deep rout in the digital currency universe.

The cryptocurrency industry is currently experiencing a never-before-seen crisis folowing the spectacular collapse of FTX.

Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday.

In the last 24 hours, BTC fell 5.69% while ETH dropped 6.78%.

The crypto market on Nov. 10 witnessed a significant decline in the price of Bitcoin (BTC) which dropped to its two-year low after briefly losing $16,000.

The crypto market crashed on Nov. 9 as Bitcoin dropped below $19,000 and Ether failed to retain $1,300. Altcoins bled profusely as well.

The crypto market crashed violently as almost every crypto coin in the top 200 was bearish as Bitcoin lost the $20,000 price level.

Over 50,676 Bitcoins and $661,900 in cash as well as various precious metals were seized from the premises of James Zhong who acquired them from Silk Road through illicit means.

As per Iris Energy, the three debt facilities in dispute are $1 million, $32 million, and $71 million worth of equipment loans secured by Bitcoin miners with hashrates of 0.2 EH/s, 1.6 EH/s, and 2.0 EH/s.