Crypto Investment Funds See Outflows for Fourth Consecutive Week
[May 15, 2023 10:51 AM] Bitcoin-related products accounted for $38 million of the $54 million in total outflows.
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Bitcoin Has a 'Real Problem' in U.S.: Paul Tudor Jones
[May 15, 2023 9:01 AM]
Why Are Bitcoin And Crypto Up Today?
[May 15, 2023 9:00 AM] The price of Bitcoin has risen by 2% over the past 24 hours. After nine consecutive red daily candlesticks, the price of BTC finally posted a green daily candlestick yesterday (Sunday). However, analysts are divided as to whether Bitcoin will now…
Bitcoin Miners Continue To Sell, Bearish Sign?
[May 15, 2023 8:30 AM] On-chain data shows that Bitcoin miners have continued to sell recently, something that could be bearish for the cryptocurrency’s price. Bitcoin Miners Have Been Shedding Their Reserves Recently As pointed out by an analyst in a CryptoQuant…
Only 1,032 Addresses Control Over 60% Of All Litecoin (LTC) In Circulation
[May 15, 2023 8:00 AM] 1,032 addresses control over 51.2 million Litecoin (LTC) in circulation, on-chain data from BitInfoCharts on May 15. Litecoin Under Siege? Records from the “Top 100 Litecoin Rich List” show that 7,355,585 LTC in circulation worth $639,814,097 are…
Stablecoins Interest Spikes As Traders Look To Exit Market
[May 15, 2023 7:25 AM] Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed A Sharp Rise In Social Volume Recently According to data from the…
Ripple Transaction Count Down 65%, Will This Affect XRP Prices?
[May 15, 2023 7:00 AM] The number of on-chain Ripple (XRP) transactions on the XRPL is down 65% from 2.5 million on March 19 to less than 900,000 on May 14, 2023. XRP Transactions Crashing As of May 14, 2023, 852,000 transactions were processed by the XRPL, a…
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, Climbing Back Above $27,000
[May 15, 2023 6:35 AM] Bitcoin was back in the green on Monday, as prices climbed back above the $27,000 level to start the week. Prices slipped to a two-month low over the weekend, however momentum has marginally shifted. Ethereum was also higher today. Bitcoin Bitcoin…
First Mover Americas: Bitcoin Bounces Back From Friday Lows
[May 15, 2023 6:11 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
[May 15, 2023 6:03 AM] Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.
Are ZK-proofs the answer to Bitcoin's Ordinal and BRC-20 problem?
[May 15, 2023 5:35 AM] Zero-knowledge proofs could be a viable means to address recent network congestion and high fees on the Bitcoin blockchain.
Bitcoin Tweets Surpass Dogecoin Despite Meme Coin Craze
[May 15, 2023 4:30 AM] Data from BitcoinInfoCharts, an analytics platform, shows that there are far more tweets about Bitcoin than Dogecoin despite the spike of meme token activity in the past month. Tweets About Bitcoin Exceed Those Of Dogecoin As of May 14, there were…
Sink or swim at $27K? 5 things to know in Bitcoin this week
[May 15, 2023 4:05 AM] Bitcoin bulls and bears battle for control of a key area on the BTC chart, with network fundamentals due new all-time highs.
This Week In Bitcoin And Crypto: Key Dates That Will Impact Prices
[May 15, 2023 1:15 AM] After eight consecutive red daily candlesticks, the Bitcoin price ended the day yesterday (Sunday) with a green daily candle. The Bitcoin and crypto market is entering a week that, while not a macro blockbuster week, could still be trend-setting…
Primordial NFT? Someone tried to sell a JPEG for BTC months before Bitcoin Pizza Day
[May 14, 2023 11:47 PM] The seller even got help from Bitcoin founder Satoshi Nakamoto, though it's still up in the air whether the artist actually made the "sale."
Bitcoin Price Restarts Increase But This Resistance Is The Key
[May 14, 2023 8:22 PM] Bitcoin price is recovering higher above the $27,000 resistance. BTC must clear the $27,800 resistance to start a decent increase in the near term. Bitcoin tested the $26,000 support zone and is currently recovering higher. The price is trading…
First Mover Asia: Bitcoin Regains $27K Amid Encouraging Macro, Technical Signs
[May 14, 2023 7:51 PM] ALSO: The stablecoin supply ratio has dropped 11% over the past 11 days, suggesting that buying power for stablecoins is increasing, writes CoinDesk analyst Glenn Williams.
Bitcoin addresses holding 1 BTC or more reach one million: Glassnode
[May 14, 2023 7:30 PM] Convicted buyers have bought up cheap Bitcoin as prices fell over the course of last year.
NFT Sales Surge 31% This Week as Bitcoin NFTs Secure Second Place in Blockchain Sales
[May 14, 2023 2:30 PM] Non-fungible token (NFT) sales witnessed a minor rise last week, registering a humble increase of around 1.46% compared to the preceding week. The cumulative value of NFT sales amounted to $149.31 million from April 29 to May 6, 2023. Nevertheless…
Bitcoin price hits $27.2K, but new analysis warns more losses 'likely'
[May 14, 2023 11:00 AM] Bitcoin may be up 7.5% since Friday, but BTC price action is not giving everyone cause for positivity.
Bitcoin’s recovery may trigger buying in these 4 altcoins
[May 14, 2023 10:03 AM] While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise.
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
[May 14, 2023 9:30 AM] In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today…
Bitcoin SV Tallies 10% Gains On Weekly Chart, Nears $40 Mark
[May 14, 2023 7:50 AM] While the global crypto market capitalization has plunged in the past week, with most coins trading in the red, Bitcoin SV (BSV) bucked the bears. BSV has scored 10% price gains on the weekly chart. The coin gained 2.47% on the last day, showing a…
4 alarming charts for Bitcoin bulls as $27K becomes formidable hurdle
[May 14, 2023 6:45 AM] The price of Bitcoin can fall to $15,000 in 2023 if its strengthening correlation with certain macro charts is any indication.
BRC-20 Tokens Lose 40% Market Cap In 7 Days – Here’s Why
[May 14, 2023 12:16 AM] The crypto market has been looking to consolidate following a major price correction earlier in the week. One market that has felt the brunt of this correction is BRC-20 token which has suffered a major dip in its market cap. According to…
BTC price bounces at $25.8K lows amid warning over low whale interest
[May 13, 2023 7:13 AM] Bitcoin traders line up “safe” support levels, but order book data makes one observer uneasy about the future.
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, as Bulls Enter the Market
Bitcoin Price Dip Could Be Linked To On-Chain Activity
[May 13, 2023 5:58 AM] Bitcoin (BTC) has experienced downward price pressure in May, with the token failing to surpass the $30,000 resistance mark. This development could be linked to on-chain activities that indicate an increase in the number of Bitcoins sold on…
PayPal Plunging Despite Increasing Crypto Holdings
[May 13, 2023 5:40 AM] PayPal share prices are plunging and currently down 80% from 2021 peaks; the largest draw down ever, market data on May 12 shows. PYPL closed the week at $61.69, down 3% from Thursday, March 11. PayPal Shares Crumbling Analysts observe that the…
Crypto VCs Dabble In $2.6 Billion Worth Of Deals In Q1 2023
[May 13, 2023 3:50 AM] Despite the prevailing bearish trend in the crypto market, venture capital firms consummated several deals worth billions in the first quarter of 2023. Data from PitchBook’s Crypto Report for Q1 2023 disclosed that crypto firms generated $2.6…