Bitcoin’s Rally to $28K Causes the Largest Short Squeeze This Month
[Jun 20, 2023 1:28 PM] The price surge liquidated some $34 million of short positions in the past 24 hours, the most this month, CoinGlass data shows.
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Romanian Prosecutors Pursue Confiscation of $563K Bitcoin Stash Owned by Andrew Tate
[Jun 20, 2023 11:30 AM] Romanian prosecutors have officially submitted documents to the court, seeking the seizure of 21 bitcoin valued at $563,000 from Andrew Tate, a controversial social media influencer. The British-American ex-kickboxer, who gained a significant…
Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs
[Jun 20, 2023 11:20 AM] Bitcoin price performance nails its highest levels this month, but analysts are waiting for the weekly candle close.
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
[Jun 20, 2023 9:46 AM] Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
Bitcoin Whales Continue To Accumulate As BTC Makes Recovery Push
[Jun 20, 2023 8:30 AM] On-chain data shows that Bitcoin whales have continued to accumulate recently as the asset has been trying to make a push toward recovery. Bitcoin Whales Have Continued To Add To Their Holdings Recently According to data from the on-chain analytics…
Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High on Tuesday, Rising Above $27,000
[Jun 20, 2023 6:30 AM] Bitcoin rose above $27,000 for the first time in two weeks, as price broke out of a key resistance level on Tuesday. Bullish sentiment continues to make a gradual return, following recent market weakness. Ethereum remained over the $1,700 level…
First Mover Americas: Tokenization Might Be a $5T Opportunity: Bernstein
[Jun 20, 2023 6:12 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bullish Signal: Bitcoin Realized Profit And Loss Fall To October 2020 Levels
[Jun 20, 2023 5:24 AM] As the Bitcoin price continues to struggle, some metrics have begun to emerge that could mean that the current bearish trend is only temporary. The realized profit and loss levels for BTC have continued to fall over the last six months and have now…
Bitcoin Is Becoming Illiquid at 147K a Month in Signal of Steady Accumulation
[Jun 20, 2023 4:17 AM] "The market appears to be in a period of quiet accumulation, which suggests an undercurrent of demand," one analyst said.
Bitcoin price ‘sideways boredom’ may last 18 months — New research
[Jun 20, 2023 3:57 AM] BTC price cycles suggest that an “arduous road” lies ahead for patient Bitcoin hodlers.
Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals
[Jun 20, 2023 3:37 AM] A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users.
Why Is The Bitcoin Price Up Today?
[Jun 20, 2023 2:40 AM] After the Bitcoin price reached a three-month low of $24.835 last week, the bulls currently seem to be gaining the upper hand again. The BTC price has continued its upward trend in the last 24 hours and has risen by 1.6% to currently $26,795. At…
Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking
[Jun 20, 2023 1:42 AM] The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.
First Ever Canadian Bitcoin Conference Wraps Up in Toronto
[Jun 19, 2023 11:54 PM] The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter exchange…
Bitcoin Price Extends Recovery But Lack of Momentum Remains A Concern
[Jun 19, 2023 9:00 PM] Bitcoin price is rising above the $26,500 resistance. BTC could gain bullish momentum if it settles above the $27,200 and $27,500 resistance levels. Bitcoin is slowly moving higher above the $26,500 resistance. The price is trading above $26,500…
Bitcoin reaches 50% market dominance for first time in 2 years
[Jun 19, 2023 6:45 PM] Blackrock’s spot ETF filing and the Securities and Exchange Commission's crackdown on crypto are driving investors toward Bitcoin.
First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst
[Jun 19, 2023 6:44 PM] The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.
Bitcoin Resistance At $26,600: A Make Or Break Moment For Bulls
[Jun 19, 2023 3:00 PM] Bitcoin (BTC) is currently consolidating above the crucial $26,000 level, a key threshold for the world’s largest cryptocurrency to continue its upward momentum and reach higher levels. The recovery of this price mark on June 15th has given…
Bitcoin Whale Removes Nearly $400 million In BTC From Binance
[Jun 19, 2023 2:00 PM] A massive Bitcoin transaction was spotted on the blockchain recently, indicating a whale may be moving their funds into self-custody. Data shows a Bitcoin whale has withdrawn $395.8 million from Binance to an unknown wallet, a sign that may be…
Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
[Jun 19, 2023 1:30 PM] The strength in the S&P 500 and weakness in the U.S. Dollar Index could limit the short-term downside in Bitcoin and select altcoins.
Bitcoin Short-Term Holders Still Bullish, Will Rally Restart?
[Jun 19, 2023 1:00 PM] On-chain data shows that Bitcoin short-term holders have participated in buying recently despite the price briefly dropping below their cost basis. Bitcoin Has Rebounded Back Above Short-Term Holder Realized Price As pointed out by an analyst in a…
Stablecoins Supply Finally Shows Rise, Here’s Why This Is Bullish For Bitcoin
[Jun 19, 2023 10:00 AM] On-chain data shows the supply of stablecoins has been going up recently, a sign that could potentially be bullish for Bitcoin. Stablecoins Have Registered An Increase In Their Supply Recently As pointed out by an analyst in a CryptoQuant post…
Crypto Analyst Says Bitcoin Has Already Bottomed, Sets Halving Price
[Jun 19, 2023 9:00 AM] Bitcoin has continued to struggle to sustain the $26,000 support level as bearish sentiment continues to dominate the market. Its drawdown in the last few weeks has led to speculations that the digital asset could be headed for a new cycle low…
Bitcoin Network Gears Up for Fourth Surge in Mining Difficulty Amid Record Highs and Unwavering Miners
[Jun 19, 2023 8:30 AM] The Bitcoin network has witnessed a consecutive surge in mining difficulty during the past three retargets, and now a fourth increase is slated for June 27, 2023. The block generation time, averaging less than ten minutes, indicates that the…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Monday, After Recovering Recent Losses
[Jun 19, 2023 6:30 AM] Bitcoin consolidated Monday, after recovering recent losses over the weekend, setting the stage for a potential rally this coming week. Price traded close to a one-week high on Monday, marginally below a key resistance level. Ethereum also…
First Mover Americas: Bitcoin Trades Flat, Altcoins Nurse Losses
[Jun 19, 2023 6:19 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Could Benefit From These 3 Bullish Tailwinds
[Jun 19, 2023 6:12 AM] The path of least resistance for bitcoin may be on the higher side due to inter-market factors, optimism from BlackRock's ETF filing and safe haven flows.
Most ‘fear’ in 3 months as $26.4K becomes key — 5 things to know in Bitcoin this week
[Jun 19, 2023 3:23 AM] Bitcoin sentiment is clinging to any optimism it can get — just like BTC price performance — as a new week of volatility triggers begins.
Bitcoin Price Steadies Above $26K, Can Bulls Pump It Further?
[Jun 18, 2023 9:36 PM] Bitcoin price is moving higher above the $26,000 resistance. BTC could continue to rise if there is a clear move above the $26,800 zone. Bitcoin started a recovery wave above the $26,000 resistance. The price is trading above $26,000 and the 100…
First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions
[Jun 18, 2023 7:26 PM] The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets…