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Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows

[Apr 3, 2024 2:40 AM] Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to daily US ETF flow data is causing…

Bitcoin Price Consolidates Losses But Recovery Could Face Hurdles

[Apr 2, 2024 9:02 PM] Bitcoin price extended its decline below the $65,000 support zone. BTC is now consolidating losses and might attempt a recovery wave toward $67,000. Bitcoin price declined further below the $65,500 and $65,000 levels. The price is trading below…

Are Bitcoin Developers Losing Faith in Lightning?

[Apr 2, 2024 11:59 AM] High-profile defections, and ongoing criticism from the community, paints a picture of a much-hyped scaling project running out of steam. But bitcoiners have always been critical of the leading scaling solution.

Ethereum And Altcoins Crash: Why Is This Analyst Super Bullish?

[Apr 2, 2024 11:30 AM] Altcoins like Ethereum, Cardano, Solana, and the rest might be lower at spot rates. However, according to one analyst who sees a parallel in the current formation to the 2020 market cycle, they are gearing up for a potential surge.  In a post on X…

Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down?

[Apr 2, 2024 7:00 AM] On-chain data shows that the world’s largest stablecoin issuer, Tether, recently added more Bitcoin to its holdings. The magnitude of the purchase has caused the crypto community to speculate on why Bitcoin’s price has dipped instead when such a…

Bitcoin Price Tumbles Below $66,000: 4 Major Reasons

[Apr 2, 2024 2:50 AM] The Bitcoin market has witnessed a significant downturn, with prices plummeting below the $66,000 mark. This abrupt -5.6% price movement can be attributed to four major factors: a long liquidation event, a rising US Dollar Index (DXY)…