Bitcoin Tumbles Below $28K on Coinbase
[Apr 20, 2023 4:27 PM] BTC’s price dipped to the lowest level since April 9. Ether also dropped, albeit less severely.
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Crypto Stocks Post Large Losses as Bitcoin Price Slides Toward $28K
[Apr 20, 2023 2:56 PM] Bitcoin miners were hardest hit on Thursday.
Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013
[Apr 20, 2023 2:30 PM] According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 bitcoin…
Bitcoin In Danger Zone: Bulls Must Hold $27,700 For Price Recovery, Expert Suggests
[Apr 20, 2023 2:00 PM] After a strong rally that pushed Bitcoin (BTC) over the $31,000 level, the largest cryptocurrency by market capitalization has lost its bullish momentum and retraced to its previous consolidation level of $28,400. The retracement has been…
Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
[Apr 20, 2023 12:30 PM] Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase…
Stablecoin Market Share Dwindles As USDC And BUSD Supply Deplete
[Apr 20, 2023 11:00 AM] The top 4 stablecoin valuations have declined significantly since this year. USDC and BUSD supply has depleted by $31 billion, pushing down the overall stablecoin market share. In addition, the top 4 stablecoins’ market capitalization has…
Bitcoin's Move Below 20-DMA Possible Short-Term Bearish Signal, Analysts Say
[Apr 20, 2023 10:43 AM] The world’s largest cryptocurrency by market value traded at a 10-day low and slipped below the 20-day moving average.
Quant Explains Bitcoin Funding Rates Pattern That Precedes Uptrends
[Apr 20, 2023 10:00 AM] A quant has explained how a specific Bitcoin funding rates pattern has preceded uptrends in the asset’s price during recent months. The Bitcoin 72-Hour MA Funding Rates Pattern That May Kick Off Uptrends As explained by an analyst in a…
Bitcoin ignores US jobs data as BTC price dip puts $28K support at risk
[Apr 20, 2023 8:38 AM] Eyes are on $28,000 support to hold in the event of continued downside, but Binance order book data warns that even this may be "rugged."
New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap
[Apr 20, 2023 8:30 AM] A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called Pepe (PEPE), and at the time of writing, it has become the sixth-largest meme coin asset…
Chainlink (LINK) Makes A Slight Recovery After Plunging, What’s Next?
[Apr 20, 2023 8:00 AM] Chainlink (LINK) has been trending in the bearish zone than the bullish over the past 24 hours. But while its price has fallen by 3.12% within this period, the daily chart shows a slight recovery after LINK previously marked significant gains…
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $29,000, Hitting a 10-Day Low
[Apr 20, 2023 7:00 AM] Bitcoin dropped for a second consecutive session on Thursday, as price moved towards a key point of support. Today’s sell-off has sent the cryptocurrency below $29,000, with the coin now trading at a ten-day low. Ethereum fell to a one-week…
Crypto Trading Firm Wintermute Plugs Into CoinRoutes Smart-Order Routing System
[Apr 20, 2023 7:00 AM] CoinRoutes won a patent in February for a “cryptocurrency smart-order router” designed to help trading firms reduce the costs of storing large reams of historical data.
Buy The Bitcoin And Crypto Dip Or Wait? Market Update
[Apr 20, 2023 6:42 AM] With yesterday’s slump in Bitcoin and crypto markets, the uncertainty returns. Bitcoin, as the lead currency of the crypto market, is currently struggling to regain support at $29,100. At press time, Bitcoin has not yet been able to…
First Mover Americas: Landmark Crypto Laws Pass in Europe
[Apr 20, 2023 6:31 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Bearish Signal: Supply Older Than 7 Years On The Move
[Apr 20, 2023 5:10 AM] On-chain data shows a large amount of Bitcoin supply dormant for more than 7 years ago has moved recently, a sign that may be bearish for the price. Bitcoin Supply Aged Between 7 And 10 Years Old Has Been Transferred Recently As pointed out by an…
Bitcoin at key point with BTC price at $28.8K — Bollinger Bands creator
[Apr 20, 2023 3:27 AM] Decision time for Bitcoin as an ongoing correction changes the nature of the $30,000 breakout.
Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’
[Apr 19, 2023 11:30 PM] According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor had announced the Coinjoin feature’s impending arrival on the hardware wallet seven…
Bitcoin Traders Count Losses As Total Liquidations Approach $300 Million
[Apr 19, 2023 10:20 PM] Bitcoin (BTC) traders have experienced a tough week as the cryptocurrency dipped below $30,000, causing panic among traders who shorted Bitcoin in the hope of the asset’s price moving upwards. According to data provider Coinglass, many traders are…
Bitcoin Price Plunges Below $29K And It’s Vulnerable To More Losses
[Apr 19, 2023 8:27 PM] Bitcoin price failed to clear $30,250 and declined sharply. BTC traded below $29,000 and might extend its decline toward $28,000. Bitcoin started another decline below the $29,500 support zone. The price is trading below $29,200 and the 100 hourly…
Crypto Options Exchange Deribit Adding Zero-Fee Spot Trading
[Apr 19, 2023 7:00 PM] The availability of the spot market means traders no longer have to go elsewhere to exchange major cryptocurrencies and can set up multi-leg complex strategies at one place.
First Mover Asia: We’re Still Missing Good Web3 Games; Bitcoin Swoons Below $29K
[Apr 19, 2023 6:53 PM] The TradGaming world has tentpole franchises that have drawn large audiences, but Web3 games have yet to connect meaningfully with gaming enthusiasts.
Bitcoin Shrimp Supply Continues To Rise, Why This Is Good
[Apr 19, 2023 5:00 PM] On-chain data shows the Bitcoin shrimp supply has continued to rise recently, which can be positive for the BTC ecosystem. Bitcoin Shrimps Now Hold 6.7% Of The Entire Circulating Supply According to data from the on-chain analytics firm Glassnode…
Trezor Model T Gets Bitcoin Privacy Upgrade With New CoinJoin Feature
[Apr 19, 2023 4:25 PM] CoinJoin increases privacy by combining multiple bitcoin payments from multiple spenders to produce a single transaction whose history and ownership are obfuscated.
Bitcoin Bears Steal 3%, Time To DCA?
[Apr 19, 2023 4:00 PM] Applying a Dollar Cost Average (DCA) method can be smart for investors looking to profit from the crypto markets. Yesterday’s trade session witnessed a brilliant price recovery from Bitcoin after it reclaimed the $30,000 level, pushing some…
Tesla Made No Changes to Bitcoin Holdings in First Quarter
[Apr 19, 2023 2:13 PM] The company booked a gain of $XX million on its bitcoin holdings.
Bitcoin Hovers Near $29.3K After Binance Sell Order, UK Inflation Data
[Apr 19, 2023 1:56 PM] BTC fell as low as $29,045 earlier Wednesday. ETH dropped below $2,000 for the first time in almost a week.
Price analysis 4/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
[Apr 19, 2023 1:04 PM] Bitcoin and select altcoins turned down sharply on April 19 but a minor positive is that the bulls are trying to defend their respective support levels.
Bitcoin Core Developer Dhruvkaran Mehta Steps Away, Teases New Startup Idea
[Apr 19, 2023 12:13 PM] The developer known as @dhruv on Twitter and GitHub, formerly a Google software engineer and successful entrepreneur, is taking a break from Bitcoin for another shot at a startup.
Bitcoin Korea Premium Index Shows Signs Of Selling, Pullback Soon?
[Apr 19, 2023 12:00 PM] On-chain data shows the Bitcoin Korea Premium Index has been displaying signs of selling pressure, something that could result in a pullback. Bitcoin Korea Premium Index Has Turned Red In Recent Days As pointed out by an analyst in a CryptoQuant…