![Are Bitcoin Miners Capitulating Amid the Drop Below $60K?](/image/6686becf576e1.jpg)
Bitcoin miner capitulation has often acted as a precursor to price bottoms, suggesting the crypto might rebound soon.
Crypto Potato
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The cryptocurrency market is closing a shortened holiday trading week with some significant moves, as BTC tests a resistance close to $40,000. Investors are eagerly anticipating whether Bitcoin can surpass the $40,000 threshold amidst growing market volatility. “Cooling economic indicators and looming interest rate cuts could further support the digital asset market,” said a well-known Crypto Potato
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Robinhood Moves Forward With Acquisition of Bitstamp
Robinhood Markets Inc. is moving forward with its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. As part of this process, Robinhood Crypto LLC has submitted a change of control application to the New York Department of Financial Services (NYDFS), which announced it received the application on July 3, 2024. This is one of several Crypto Potato