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Bitcoin surges past $66,000 in volatile move, triggering spike in short liquidations
Bitcoin surges past $66,000 in volatile move, triggering spike in short liquidations

Bitcoin short liquidations have spiked above $48 million in the past 24 hours.Bitcoin’s price has increased over 6% during this time, currently trading at $66,300

The Block·2024/05/16 10:07
MakerDAO founder says fully decentralized 'PureDai' will launch in few years
MakerDAO founder says fully decentralized 'PureDai' will launch in few years

MakerDAO founder Rune Christensen said a future token named PureDai will serve as a fully decentralized alternative to Dai. PureDai will use ether and stETH as collateral and will have a free-floating peg. Dai holders will have the option to upgrade to PureDai once it becomes available, which is expected in a few years.

The Block·2024/05/16 09:40
Bitcoin (BTC) Price Rally, Shiba Inu (SHIB) Predictions, and More: Recap May 16
Bitcoin (BTC) Price Rally, Shiba Inu (SHIB) Predictions, and More: Recap May 16

BTC’s value soared by $5K in a matter of hours, SHIB was predicted to launch a bull run, while PEPE hit a new ATH.

Cryptopotato·2024/05/16 08:28
QCP expects current momentum to push the bitcoin price back to all-time highs
QCP expects current momentum to push the bitcoin price back to all-time highs

QCP Capital expects the bitcoin price to return to $74,000 after the latest CPI print saw risk assets surge.

The Block·2024/05/16 08:01
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains

BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.

Cointelegraph·2024/05/16 07:32
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