Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
[May 13 12:57 PM] The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.
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Is The Bitcoin Bottom In? Analyst Reveals Key Price Levels To Watch
[May 13 12:00 PM] In his latest technical analysis, veteran crypto analyst Christopher Inks offers a detailed look at the current Bitcoin market structure through a comprehensive chart analysis. The chart, recently shared on X, shows Bitcoin’s price movements…
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
[May 13 10:20 AM] On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two…
OKX surpasses 50% of Bitcoin Runes market share
[May 13 9:43 AM] The protocol is now an integral part of the Bitcoin ecosystem alongside Ordinals and BRC-20 tokens.
Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network
[May 13 9:42 AM] Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of…
Is The Bitcoin Run Over? Analyst Anticipates Further Upside
[May 13 9:30 AM] In the midst of recent market turbulence and widespread speculation about the future of Bitcoin, cryptocurrency analyst and trader, Crypto Jelle has offered an optimistic outlook for BTC, affirming that the crypto asset’s bull run is far from…
First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound
[May 13 6:02 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein
[May 13 5:57 AM] Lower cost miners have increased market share since the bitcoin halving event, the report said.
Analyst Points Out Level To Beat If Bitcoin Is To Reach $76,000
[May 13 5:30 AM] Crypto analyst Ali Martinez has highlighted what needs to happen for Bitcoin to climb to $76,000. If that doesn’t happen, he noted that the flagship crypto risks dropping significantly to levels not seen since the start of the year. How Bitcoin…
Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
[May 13 5:27 AM] Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million.
Bitcoin Below $60K Could Trigger 'Panic' Selling, Crypto Analyst Says
[May 13 4:52 AM] One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
[May 13 4:48 AM] Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
CEO Drops Bombshell: Trump Campaign Eyes Crypto-Friendly Policies
[May 13 3:44 AM] The intersection of cryptocurrency and politics has taken center stage as the potential return to power of former President Donald Trump emerges with a crypto-friendly agenda. The revelation comes from none other than David Bailey, CEO of Bitcoin…
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
CPI meets $60K BTC price battle — 5 things to know in Bitcoin this week
[May 13 2:53 AM] Bitcoin hunts liquidity to start the week as BTC price indicators converge on the key $60,000 zone.
Casa Co-Founder Jameson Lopp: Attacks on Cryptocurrency Whales Are “Vastly Underreported”
XRP To Hit Zero Against BTC? Veteran Trader Cites ‘Pure Classical Charting’
[May 13 2:10 AM] In a recent analysis shared via X, Peter Brandt, regarded as one of the leading experts globally in applying classical charting techniques to trading futures, foreign exchange, and crypto markets, suggested that the XRP to Bitcoin (XRP/BTC)…
Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows
[May 13 12:07 AM] The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market.
Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K
[May 12 9:34 PM] Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains at a risk of more losses below the $60,000 level. Bitcoin started a fresh decline after it failed near $62,000. The price is trading below $61,000…
Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
[May 12 6:12 PM] A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for…
Bitcoin trades sideways while TON, RNDR, PEPE and AR flash bullish signs
[May 12 3:11 PM] Bitcoin price looks stuck in the near term, but TON, RNDR, PEPE and AR could surprise traders by making a strong upside move.
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
[May 12 2:05 PM] Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of…
Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000
[May 12 6:30 AM] Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new…
Runes protocol sees significant decline in activity
[May 12 4:02 AM] Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last twelve days, signaling a notable decline.
Bitcoin On-Chain Activity Nearing Historic Lows – What This Means For BTC Price
[May 12 4:00 AM] The price of Bitcoin has continued to move within a consolidation range since hitting a new all-time high in mid-March. This sluggish price action has been a source of worry to most investors, especially when the premier cryptocurrency recently…
US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000
[May 11 7:00 PM] JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the world’s largest cryptocurrency. This significant development comes amidst the…
Peter Schiff: Gold, Silver ‘Ready to Explode Higher’ — Sees ‘Biggest Precious Metals Bull Market in History’
Billionaire Mark Cuban Warns Gensler’s SEC Crypto Policies Could Cost Biden the Election
US Regulatory Clarity for Crypto: Landmark Legislation FIT21 Act Heads to House Vote
[May 11 1:35 PM] The House Committee on Rules has decided to review the Financial Innovation and Technology for the 21st Century (FIT21) Act, paving the way for a floor vote later this month. The legislation sets a path for enhanced regulatory clarity in the U.S…
Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When
[May 11 10:00 AM] Jack Dorsey, the former CEO of X (formerly Twitter) has predicted when Bitcoin will reach $1 million. The tech entrepreneur is a familiar figure in the crypto space and is known to be heavily invested in the flagship crypto. When Bitcoin Will Hit…