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Ether Tops $2K After Shanghai Upgrade, Outshines Bitcoin

[Apr 13, 2023 4:04 AM] We are seeing a sell the rumor buy the fact redux, one observer said, explaining ether's post-Shanghai upgrade rally.

What Bitcoin bear market? BTC price closely copying old halving cycles

[Apr 13, 2023 3:02 AM] Bitcoin continues to fulfil its halving cycle roadmap in classic style compared to 2013 and 2017, the latest BTC price metrics show.

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

[Apr 13, 2023 1:30 AM] According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining…

Bitcoin Price Holds Ground Post US CPI and Looks Primed for More Gains

[Apr 12, 2023 9:18 PM] Bitcoin price is consolidating gains near the $30,000 zone. BTC could start another increase if it clears the $30,250 resistance zone. Bitcoin corrected lower and tested the $29,650 support zone. The price is trading above $29,650 and the 100…

First Mover Asia: Major Cryptos Remain Unstirred by Inflation Data, Ethereum Shanghai Fork

[Apr 12, 2023 7:14 PM] ALSO: CoinDesk crypto markets analyst Glenn Williams writes that bitcoin whales recent moves may offer clues about BTC's path forward.

Bill limiting incentives for crypto miners passes Texas Senate, moves to House

[Apr 12, 2023 3:15 PM] Senate Bill 1751 will next move to the Texas House of Representatives, which is scheduled to meet and discuss legislation on April 13.

Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

[Apr 12, 2023 2:30 PM] Today's CPI report highlighted a slight decline in inflation, a development which could put a strong price floor beneath Bitcoin and select altcoins.

Bitcoin And Inflation: What’s Next For BTC After CPI Rates Came In Lower Than Expected?

[Apr 12, 2023 1:30 PM] As the highly anticipated Consumer Price Index (CPI) report was released, the cryptocurrency market has been on a rollercoaster ride this week. While the CPI came in lower than expected, indicating a cooling down of inflation, the impact on the…

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

[Apr 12, 2023 1:30 PM] Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling…

Bitcoin Hovers Around $30K, Ether Holds Above $1.9K Ahead of Ethereum Shanghai Upgrade

[Apr 12, 2023 12:19 PM] Investors are awaiting Ethereum’s upgrade, which is expected to go live late Wednesday.

Large Bitcoin Investor Sent $330M in BTC to Bitfinex Exchange Before Price Dropped Below $30K: Blockchain Data

[Apr 12, 2023 10:12 AM] The bitcoin ‘whale’ was the 14th largest bitcoin holder until mid-March, controlling $1.2 billion in BTC, according to BitInfoCharts.

Could Bitcoin Be the Greatest ESG Investment of All Time?

[Apr 12, 2023 10:03 AM] It stands to reason that bitcoin (BTC) could be one of the greatest ESG investments of all time. Not only has it generated outsized returns for investors (at the time of writing this, BTC is up 71% in 2023, 342% over the past three years and a…

Report Claims Bitcoin Price Rally Will Continue, What’s Next?

[Apr 12, 2023 9:30 AM] Bitcoin has been on an uptrend in the last few days, rallying above the $30,000 mark. According to a Bloomberg report, Bank of America strategists, Alkesh Shah and Andrew Moss, believe the rally will continue in 2023.  They stated that the recent…

Argentina’s National Securities Commission Approves Bitcoin Futures

[Apr 12, 2023 9:12 AM] The agency authorized the regulation of a futures contract based on a bitcoin index of Matba Rofex, an Argentinian stock exchange.

First Mover Americas: Ether's Shanghai Rumble

[Apr 12, 2023 9:03 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year

[Apr 12, 2023 8:31 AM] On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following…

Warren Buffett Calls Bitcoin a 'Gambling Token'

[Apr 12, 2023 8:27 AM] Berkshire Hathaway's chairman and CEO said bitcoin "doesn't have any intrinsic value ... but that doesn't stop people from wanting to play the roulette wheel."

Bitcoin Leverage Ratio Shoots Up, More Volatility Ahead?

[Apr 12, 2023 7:30 AM] On-chain data shows the Bitcoin leverage ratio has shot up with the rise above the $30,000 mark, something that may cause more volatility for the coin. Bitcoin Estimated Leverage Ratio Has Sharply Surged Recently As pointed out by an analyst in a…

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $30,000, Ahead of US Inflation Report

[Apr 12, 2023 7:18 AM] Bitcoin consolidated around the $30,000 mark on Wednesday, as markets prepared for the release of the latest inflation report in the United States. Consumer prices in the U.S. are expected to fall to 5.2% in March, down from 6% the month prior…

Bitcoin price rivals 10-month high as CPI data beats expectations

[Apr 12, 2023 7:02 AM] BTC price performance gets a fresh boost from strong U.S. inflation data, with Bitcoin bulls eyeing a clean trend breakout.

Bitcoin price teases $30K breakdown ahead of US CPI, FOMC minutes

[Apr 12, 2023 6:42 AM] BTC price action becomes less sure of itself as a slew of U.S. macro data promises volatility across Bitcoin and risk assets.

U.S. CPI Inflation Rises 0.1% in March, Slower Than Forecasts for 0.2%

[Apr 12, 2023 6:40 AM] Bitcoin rose/fell to $XX,XXX in the minutes following the report.

Ether-Bitcoin Ratio Likely to See Deeper Decline After Shapella Upgrade: QCP Capital

[Apr 12, 2023 6:28 AM] Ether has underperformed bitcoin in the lead up to the Shapella upgrade, resulting in a 13.7% year-to-date decline in the ETH/BTC ratio.

Bitcoin’s Slowdown At $30,000 Only Temporary, Here’s Why

[Apr 12, 2023 5:30 AM] After seeing an explosive start to the week and breaking above $30,000 for the first time in over nine months, Bitcoin has begun to cool out price-wise. However, this cooldown that has dragged its price below $30,000 once more could only end up…

Trading Firm Sees Bullish Signs as Bitcoin Open Interest Surges to Highest Level Since FTX Crash

[Apr 12, 2023 5:04 AM] Bitcoin open interest across crypto derivative exchanges has surged to $10 billion, a five-month high after leveraged subsided in the wake of FTX's collapse in November.

Yield Curve Reaches Historic Low, What It Means For Bitcoin

[Apr 12, 2023 3:25 AM] Analysts from both traditional financial markets and the Bitcoin space are currently looking at the yield curve with concern and are ringing the alarm bells. The 10-year and 3-month yield curve hit another historic low in the United States…

China's 'Credit Impulse' Is Picking Up. Here's Why It Matters to Bitcoin

[Apr 12, 2023 3:08 AM] Previous instances of renewed upticks in China's credit impulse portended major bullish trends in bitcoin.

U.S. Banking Crisis May Be Vindication for Crypto Ecosystem: JPMorgan

[Apr 12, 2023 3:04 AM] Bitcoin rallied in tandem with gold as they are both viewed as hedges to a catastrophic scenario, the report said.

Bitcoin Slips Under $30K, Ether Staking Tokens Take a Beating Ahead of Shapella Upgrade

[Apr 12, 2023 12:21 AM] Traders are likely taking profits ahead of Wednesday’s CPI report and Ethereum’s Shapella upgrade.

Bitcoin Price Consolidates Gains As Risk of Pullback Increase

[Apr 11, 2023 8:23 PM] Bitcoin price is consolidating gains above the $30,000 zone. BTC is showing a few signs of a downside correction below the $30,000 level. Bitcoin attempted a fresh increase and spiked above the $30,450 resistance zone. The price is trading above…