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Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option

[Mar 8 2:02 AM] Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.

Bitcoin Price Reclaims 100 SMA But Momentum Seems To Be Fading

[Mar 8 12:17 AM] Bitcoin price is still struggling to settle above the $68,000 resistance. BTC is now consolidating and might drop again toward the $63,500 support. Bitcoin price is struggling to clear the $68,000 and $68,500 levels. The price is trading above…

Bitcoin’s Crucial Lifeline: Analyst Unveils Support That Could Prevent Crash To $60K

[Mar 7 11:00 PM] Bitcoin has once again been the center of attention following its recent surge to a new all-time high, only to face a subsequent downturn that tested the resilience of its market value. A few days ago, Bitcoin traded at $69,328 for the first time…

Analyst Predicts: Bitcoin On The Brink Of A Monumental Rally – Here’s Why

[Mar 7 9:00 PM] Willy Woo, a crypto analyst, has captured the crypto community’s attention with his latest view on Bitcoin (BTC), suggesting an impending significant surge for the asset. This optimism follows the approval of spot Bitcoin ETFs, which Woo…

This Bitcoin Indicator Has Hit Levels That Often Lead To Corrections

[Mar 7 7:00 PM] On-chain data shows a Bitcoin metric has recently hit levels that have historically led to corrections in the cryptocurrency’s price. Bitcoin Is Currently 40% Above The Cost Basis Of Short-Term Holders CryptoQuant Netherlands community…

Crypto Analyst Uses Historical Data To Show When The Bitcoin Price Will Reach $207,000

[Mar 7 1:00 PM] A crypto analyst has laid out a scenario where the Bitcoin price could rise above $200,000 by June. This is based on a historical occurrence that could play out again following BTC’s recent run above its previous all-time high (ATH). How BTC…

Arthur Hayes-backed Bitcoin Ordinals Trading App Raises $3 Million

[Mar 7 12:09 PM] Pioneering bitcoin wallet company Oyl has secured a $3 million pre-seed investment from a variety of investors, including UTXO Management and Domo, the creator of the BRC-20 token standard.The investment marks a noteworthy shift in cryptocurrency…

Crypto Analyst Optimistic About A Shiba Inu Short-Term Surge To $0.000066

[Mar 7 12:00 PM] Shiba Inu (SHIB) has displayed immense momentum lately standing out as one of the best-performing meme coins in light of the general optimism that took over the cryptocurrency market in the last week. Shiba Inu To $0.000066 Could Be Possible In A…

Bitcoin’s Warm-up Phase: Analyst Predicts a Market Evolution That Could ‘Shock’ Traditional Finance

[Mar 7 11:00 AM] As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in November 2023 that bitcoin will…

First Mover Americas: AI Tokens Reclaim the Spotlight

[Mar 7 7:33 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

14-Year Old Dormant Bitcoin Wallet Wakes Up To Crash BTC Price

[Mar 7 7:00 AM] The Bitcoin foray past its previous all-time high into new territory was short-lived as the crypto dipped in the hours after. On-chain data has shown an interesting scenario that contributed to selling pressure leading to the crash. According to…

The $69,000 Bitcoin Question: Expert Forecasts When Price Will Breakout

[Mar 7 3:10 AM] As Bitcoin hovers near its all-time high, industry experts and investors are keenly watching for signs of its next major move. Alex Thorn, the Head of Research at Galaxy, recently shared his perspective on the Bitcoin price trajectory and the…

Bitcoin Price At Risk of Another Downside Thrust Before Higher

[Mar 6 9:08 PM] Bitcoin price is struggling to settle above the $68,000 resistance. BTC is now consolidating and might decline toward the $63,400 support zone. Bitcoin price is struggling to gain pace for more gains above the new all-time. The price is trading…

Buckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru – Here’s When

[Mar 6 7:00 PM] Peter Brandt, a respected figure in the trading community, has recently shared his insights on the Bitcoin future price potential. Through a post on X, Brandt ignited discussions within the crypto community by commenting on Bitcoin’s recent…

Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency

[Mar 6 5:10 PM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.

Cardano Dips: Is Now The Perfect Time To Buy ADA Before The Next Mega Rally? – Analyst Answers

[Mar 6 5:00 PM] Following a sharp decline in Cardano (ADA) value, which occurred in tandem with Bitcoin’s withdrawal from its latest all-time high (ATH) of $69,328, Dan Gambardello, a crypto analyst, has recently weighed in on the implications of this…

Bitcoin Short-Term Holders Panic Capitulate $2.6 Billion In BTC Crash

[Mar 6 4:00 PM] On-chain data shows that Bitcoin short-term holders have panic sold $2.6 billion worth of coins in the crash following the new all-time high. Bitcoin Short-Term Holders Have Sent Huge Volume In Loss To Exchanges As analyst James V. Straten…

Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock

[Mar 6 3:07 PM] Bitcoin's sharp rebound from Tuesday's plunge indicates a start of a new rally targeting $76,000, Swissblock said.

Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

[Mar 6 2:03 PM] If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?

Ethereum Recovers From Dip: ETH Hits $3,900 For The First Time In Two Years

[Mar 6 2:00 PM] After Bitcoin (BTC) recorded a new all-time high (ATH), Ethereum (ETH) rallied above $3,800 before the price crashed over 10%. The second-largest cryptocurrency has recovered from the dip and reached $3,900 momentarily for the first time in over…

The Protocol: Bitcoin Cry for Help Heard

[Mar 6 2:00 PM] It may seem perplexing to the corporate mindset that bitcoin's price surged this week to a new all-time high above the old record around $69,000, even as the dominant Bitcoin Core software used to run the blockchain remains dependent on a group of…

Bitcoin ETF Frenzy: BlackRock Smashes Expectations With $788 Million Inflows In One Day

[Mar 6 1:00 PM] BlackRock’s Bitcoin ETF, IBIT, achieved a remarkable milestone on March 5. Attracting a staggering $788 million, it exceeded its previous record of $612 million in inflows in a single day. This surge in investment coincided with Bitcoin…

Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts

[Mar 6 12:14 PM] Bitcoin {{BTC}} reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wondering: would the new high have happened so…

Analyst Cites Key Indicators That Signal Bitcoin Correction

[Mar 6 10:00 AM] The price of Bitcoin witnessed a pullback on Tuesday amid a general bearish sentiment around the crypto market, after the digital asset reached the $69,000 threshold. Bitcoin Might Undergo Further Correction Following the correction, several…

Arizona State Senate Considering Adding Bitcoin ETFs to Retirement Portfolios

[Mar 6 9:29 AM] The Arizona State Senate is considering a proposal to encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the inclusion of Bitcoin ETFs in their investment portfolios.JUST IN: â

Why Did Bitcoin Price Crash 10% After Reaching $69,000 All-Time High?

[Mar 6 8:00 AM] The flagship crypto token, Bitcoin, finally hit a new all-time high (ATH) on March 5 but quickly dipped by over 10% after this price surge. As explained by this market analyst, this sharp correction was to be expected and could become a norm…

First Mover Americas: What Comes After BTC’s Flirt With Record High

[Mar 6 7:13 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Crash Or Surge? Fed’s BTFP Program Ends In 5 Days

[Mar 6 7:00 AM] As the US Federal Reserve’s Bank Term Funding Program (BTFP) approaches its conclusion on March 11, 2024, the Bitcoin and crypto market stands at a critical juncture. Instituted in March 2023 in the aftermath of the sudden collapses of…

Bitcoin Rally May Slow as Order-Book Imbalance Hints at Profit Taking

[Mar 6 5:44 AM] The gap between liquidity on the ask and bid sides of the order book within 2% of the market price has widened to nearly five times is usual value, according to data tracked by Kaiko.

Can DOGE Avoid A Dive? Sell Pressure Puts Memecoin To The Test

[Mar 6 1:28 AM] Dogecoin (DOGE) has solidified its position as the eighth-largest cryptocurrency by market capitalization, leaving industry observers amused and sparking humor from Cardano’s founder, Charles Hoskinson. The memecoin experienced a substantial…