Bitcoin and altcoins sold-off sharply on Friday, leading technical traders to forecast a possible drop to new yearly lows.

Bitcoin and altcoins sold-off sharply on Friday, leading technical traders to forecast a possible drop to new yearly lows.
After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country.
Serhii Zhdanov called for broader regulation in offshore crypto exchanges that do not go through financial audits.
Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday.
Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance.
Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management.
Sudden bearish sentiment takes hold as BTC price action returns to an area not seen since late July.
BTC’s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure.
More of the BTC supply has stayed in its wallet for five years or longer than ever before.
Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.
Inflation surprises keep coming, while the European central bank refuses to rule out even higher numbers in future.
David Schwartz compared crypto miners in the Ethereum and Bitcoin ecosystem akin to shareholders of eBay, which he believes makes the entity secure.
The crypto donations have played a “significant role in Ukraine’s defense,” a Ukrainian government official wrote.
Crypto and stock markets corrected as traders grew nervous ahead of Wednesday’s FOMC minutes, but the real stress point is whether traders will “buy the dip.”
Cointelegraph Research explains the EC-STARKs technology and discusses what this means for the cryptocurrency market.
The bottom "is not in" for either stocks or crypto, one analyst believes, as alarming data shows copycat moves from 2008 by the S&P 500.
The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India.
The mining operator entered into a deal with NYDIG to sell rigs to alleviate $64.7 million in outstanding debt.
