Is Bitcoin Truly Done With Cycle Lows? Here’s What This Metric Says
363 / 420 Relevant items tagged with #BItcoin
Posts: 12,575
Posts
Crypto Investments Report Positive Flows for Fourth Consecutive Week: CoinShares
[Apr 17, 2023 10:20 AM] Bitcoin-related products took the majority share, totalling $104 million of the $114 million inflow total.
Bitcoin sparks liquidations as analyst says BTC price may dip 12% more
[Apr 17, 2023 8:13 AM] Bitcoin loses 3% on the day, with the start of Wall Street trading failing to rescue BTC’s price from the loss of $30,000.
CME to Add Daily Expirations on Bitcoin and Ether Futures Options Contracts
[Apr 17, 2023 8:09 AM] Derivatives marketplace Chicago Mercantile Exchange (CME) is adding to its cryptocurrency offerings with daily expirations soon to be available on bitcoin and either futures options contracts, the company said in a press release on Monday.
Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations
[Apr 17, 2023 8:00 AM] According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice…
Bitcoin Price Dips Below $29,500, Here’s Why
[Apr 17, 2023 8:00 AM] After hitting an annual high of $30,975 last Friday, the Bitcoin price is under pressure today and has fallen below $29,500 for the first time in a week. At the time of writing, BTC’s low was at $29,410. The decline comes as a surprise in…
Bitcoin, Ether See Bull Breather as Higher Bond Yields Support Dollar
[Apr 17, 2023 6:35 AM] We would consider taking some profits as the crypto market is showing exuberant signs.
Bitcoin 30-Day Transaction Count Near Cycle Highs, Bullish Sign?
[Apr 17, 2023 6:30 AM] On-chain data shows the Bitcoin network has been observing a rising amount of transactions recently, something that may be bullish for the price. Bitcoin 30-Day SMA Transaction Count Is Near Cycle Highs Currently According to data from the on-chain…
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000 on Monday, as US Dollar Rallies
[Apr 17, 2023 6:30 AM] Bitcoin started the week trading below $30,000, as the U.S. dollar strengthened during Monday’s session. USD/JPY rose to a one-month high, with the greenback also gaining against the euro and British pound. Ethereum was also lower, falling…
First Mover Americas: Ether Holds Above $2K
[Apr 17, 2023 6:18 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Fedi Gives Bitcoiners a Community Custody Option
[Apr 17, 2023 6:13 AM] For most people, crypto custody comes down to the choice of holding their own keys or giving them to an exchange. Fedi offers an intriguing third way – to share the burden with trusted family and friends. That’s why Fedi is one of CoinDesk’s…
Jack Mallers' Strike Service, Send Globally, Tackles Bitcoin-Fiat Remittances
[Apr 17, 2023 6:12 AM] The new Lightning-based service lets users in the U.S. send even small cash payments to parts of Southeast Asia and Africa quickly and cheaply. Eventually, the service will be available throughout the world, giving foreign workers everywhere a new…
Gridless Is Extending Power to Rural Africa
[Apr 17, 2023 6:10 AM] Bitcoin mining has a dirty reputation for using more energy than some small countries. But African cryptominers have found a way to use their consumption to keep the lights on in rural communities. That’s why Gridless is one of CoinDesk’s Projects…
Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
[Apr 17, 2023 6:10 AM] Bitcoin maximalist Kgothatso Ngako has brought global digital financial services to Kenya, South Africa and other countries where at least half of the population doesn’t have smartphones and reliable internet service. That’s why Machankura is a…
Bitcoin Beach’s Pioneering Circular Economy Is Making a Global Impact
[Apr 17, 2023 6:07 AM] This surfing mecca has garnered over 3,000 bitcoin users including more than 500 families and 120 businesses. Its adoption model is now being replicated around the world. That’s why Bitcoin Beach is one of CoinDesk’s Projects to Watch 2023.
Bitcoin Could Peak at $45K in May, Analyst Says
[Apr 17, 2023 3:16 AM] The cryptocurrency seems to be mirroring its performance in first-half 2019, when it chalked up a triple-digit rally, marking a solid recovery from a yearlong bear market.
BTC price heading under $30K? 5 things to know in Bitcoin this week
[Apr 17, 2023 2:33 AM] Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation.
Bitcoin Price Correction To $29k On Horizon After Bulls Lose Control At $30.5k
[Apr 16, 2023 9:09 PM] Bitcoin price started a downside correction from the $31,000 zone. BTC might decline toward $29,000 before the bulls appear again. Bitcoin started a downside correction below the $30,500 pivot level. The price is trading below $30,500 and the 100…
First Mover Asia: Ether Price Hits Fresh 11-Month High
[Apr 16, 2023 6:07 PM] ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey writes that to prevent the potentially destructive impact of AI, we need open-source innovation and collective governance that is possible through blockchain…
The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy
[Apr 16, 2023 11:30 AM] Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its…
Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud
[Apr 16, 2023 1:30 AM] On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more…
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
Bitcoin Loses Grip On $31,000 Handle: Experts Predict What To Expect
[Apr 15, 2023 8:20 AM] The price of bitcoin (BTC) fell from its lofty $31,000 perch Saturday, making investors anxious when the alpha coin will reclaim the spot. The price fallback has led analysts to share their projections for the leading cryptocurrency. According to…
Bitcoin traders in 'disbullief' as analyst predicts $30K BTC retest
[Apr 15, 2023 8:05 AM] Bitcoin should dip to cement the $30,000 flip to support, analysis argues as bullish BTC price takes stay in play.
Bitcoin Rise Fueled By Stablecoins, On-Chain Data Suggests
[Apr 15, 2023 7:58 AM] On-chain data shows the recent rise in the price of Bitcoin above the $30,000 mark may be fueled by stablecoins being shifted into the asset. Stablecoins Have Continued To Flow Into Bitcoin In Recent Days As pointed out by an analyst on Twitter…
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,100 to Start the Weekend
[Apr 15, 2023 6:39 AM] Ethereum remained above $2,100 to start the weekend, despite crypto markets moving into consolidation. Following this week’s gains, traders have seemingly started to secure gains, with the global market cap down by 0.52% as of writing this…
Healthy Bitcoin rally: What does a margin lending ratio drop mean for BTC price?
[Apr 15, 2023 6:37 AM] Will $30,000 BTC price hold? Bitcoin market structure remains bullish with another 10% gain on the table as sellers refrain from shorting.
Chia Network Files for IPO With the SEC, Eyes Public Listing
[Apr 15, 2023 4:30 AM] On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by…
Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison
[Apr 14, 2023 3:44 PM] James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme.
The Rise Of Bitcoin Continues: Trader Predicts $60k-$70k Range After Consolidation
[Apr 14, 2023 3:24 PM] Bitcoin (BTC), the largest cryptocurrency in the market, has recently broken its consolidation below the $30,000 level, holding steady at $30,200. This price surge marks the end of a prolonged period of crypto winter and the beginning of a new…