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Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport

[Jun 2, 2023 4:15 AM] Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.

Wealthy Investors and Family Offices Embrace BTC Following Bank Failures, Says Swan Bitcoin Executive

[Jun 1, 2023 11:30 PM] According to Steven Lubka, the head of private clients and family offices, as well as the managing director at Swan Bitcoin, wealthy investors and private offices have been gravitating towards bitcoin since the downfall of Silicon Valley Bank…

Bitcoin mining firms keep building despite BTC mining profitability slump

[Jun 1, 2023 11:05 PM] Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.

First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst

[Jun 1, 2023 7:42 PM] ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.

Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns

[Jun 1, 2023 3:36 PM] BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.

Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity

[Jun 1, 2023 1:11 PM] LTC has outperformed both bitcoin and ether over the last 30 days.

First Mover Americas: Bitcoin Begins June Dropping Back Below $27K

[Jun 1, 2023 6:21 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Last BTC price dip before a $30K breakout? Bitcoin wipes weekend gains

[Jun 1, 2023 4:58 AM] A limp monthly close ends with Bitcoin closing its weekend futures gap, but BTC price action continues to disappoint.

Bitcoin Price Takes Hit – Upsides Turn Attractive To Sellers

[May 31, 2023 9:04 PM] Bitcoin price started a fresh decline below the $27,500 support. BTC is now showing a lot of bearish signs below the $27,400 pivot level. Bitcoin started a fresh decline and tumbled below the key $27,500 support zone. The price is trading below…

Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?

[May 31, 2023 8:43 PM] The debt ceiling has been raised but Larry Fink says trust in the U.S. dollar is being eroded, which could be good news for Bitcoin.

Satoshi Nak-AI-moto: Bitcoin's creator has become an AI chatbot

[May 31, 2023 8:38 PM] The bot is a ChatGPT model that’s so far only been trained on Satoshi Nakamoto’s public writings and a handful of Bitcoin-related source materials.

First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten

[May 31, 2023 8:02 PM] ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?

Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say

[May 31, 2023 5:45 PM] Improving liquidity conditions so far this year has lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resumes tightening, analysts said.

Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion

[May 31, 2023 3:30 PM] On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an…

Avalanche Bridge To Ethereum Records A 70% Drop In Value Transfer, Concern For AVAX Price?

[May 31, 2023 2:30 PM] The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over the past day, the bridge has facilitated $2,634,828 worth of…

Why This Is The Most Important Bitcoin Chart You’ll See This Week

[May 31, 2023 1:03 PM] Bitcoin price action is at an impasse. Bulls and bears are divided as to what happens next, leading to months of consolidation. It could all come down to the next few days, according to the most important BTCUSD price chart you’ll see this…

Price analysis 5/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

[May 31, 2023 12:50 PM] Bitcoin and most major altcoins are struggling to hold on to their higher levels, indicating that the bears have not given up yet.

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl

[May 31, 2023 11:01 AM] U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline.

Bitcoin fragments could become more valuable than full Bitcoins

[May 31, 2023 10:21 AM] Collectors known as “sat hunters” are collecting satoshis from rare Bitcoin — and those fragments may eventually be worth more than regular Bitcoin.

Sell Crypto Volatility in May, and Go Away?

[May 31, 2023 10:00 AM] The recent calm in bitcoin (BTC) and ether (ETH) should not lull market participants into a false sense of security.

5 Years After the $500K Ethereum Wager Between Joe Lubin and Jimmy Song, Who Won?

[May 31, 2023 9:30 AM] The bet made at Consensus 2018 hinged on how far Ethereum adoption would get by now. Crypto analysts say the blockchain appears to have met a key threshold, or at least got very close.

Bitcoin hodlers exited 'capitulation' above $20K, new metric hints

[May 31, 2023 8:48 AM] Long-term holder spending is "seeking equilibrium," Glassnode suggests — but nothing will be quiet for long.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall Lower, as US Consumer Confidence Hits 6-Month Low

[May 31, 2023 7:30 AM] Bitcoin erased recent gains on Wednesday, as markets reacted to the latest points of U.S. economic data. One of which being consumer confidence, which dropped to a six-month low in May. Ethereum was also lower in today’s session, dropping…

First Mover Americas: Bitcoin Slumps Back to $27K on Fed Worry

[May 31, 2023 6:06 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin risks ‘new lows’ into monthly close as BTC price retests $27K

[May 31, 2023 3:41 AM] BTC price performance looks limp on the last day of May, with the 200-week moving average rapidly coming into view.

Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening

[May 31, 2023 1:26 AM] "I don't really see a compelling reason to pause rate hikes," Fed's Master said, validating the recent hawkish repricing of interest rate expectations in the U.S.

‘The Bitcoin Standard’ author becomes economic adviser to El Salvador

[May 30, 2023 10:39 PM] Dr. Saifedean Ammous thinks El Salvador will be debt free if it accumulates Bitcoin for the next five years.

First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

[May 30, 2023 7:03 PM] Also: Bitcoin and volatility have a tricky relationship. BTC steadies below $28K after dip.

Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress

[May 30, 2023 4:55 PM] Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday.

Is Bitcoin Poised For A Comeback To Higher Price Levels? Experts Weigh In

[May 30, 2023 3:30 PM] Bitcoin (BTC), the largest cryptocurrency by market cap, is currently showing signs of a new momentum refresh and the beginning of a newly formed bull run. Market analyst Justin Bennet accurately predicted this move, citing recent range highs and a…