[Nov 17, 2023 12:00 PM] The Bitcoin price rally is losing strength as the cryptocurrency returns to its support levels following weeks of bullish momentum. In the short term, the landscape seems sloped to the downside, but an analyst presented the main reasons why the…
[Nov 17, 2023 10:24 AM] Bitcoin is giving many traders a feeling that a support retest could be next, but BTC price strength is winning out over altcoins.
[Nov 17, 2023 10:00 AM] Despite a larger portion of Bitcoin’s total supply being “inactive” for over a year, recent data revealed impressive growth in investors holding on to their BTCs during the rally. Bitcoin HODLing Yawns For Growth With Lesser…
[Nov 17, 2023 10:00 AM] When the Web3 narrative got very popular in 2021, I was still in college and had only recently been introduced to blockchain technology, smart contracts, and decentralized applications. Like many at the time, I imagined that Ethereum or another…
[Nov 17, 2023 7:49 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Nov 17, 2023 5:45 AM] An apparent increase in demand for safe-haven assets, rising interest in Bitcoin ETFs in the US, and anticipation of a more accommodating position from the Federal Reserve were the purported drivers of the cryptocurrency market’s recovery…
[Nov 17, 2023 5:26 AM] While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not necessarily jump ship to the AI and machine learning hype train.
[Nov 17, 2023 3:43 AM] Charts related to global central banks, U.S. financial conditions and the 10-year U.S. Treasury yield suggest the path of least resistance for the cryptocurrency is upward.
[Nov 17, 2023 1:37 AM] Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks.
[Nov 16, 2023 9:43 PM] Bitcoin price again failed to clear the $38,000 resistance zone. BTC is likely forming a double top and might decline toward the $34,500 support. Bitcoin started a fresh decline from the $38,000 resistance zone. The price is trading below $36,750…
[Nov 16, 2023 4:00 PM] Tether Holdings Ltd., the issuer of the leading stablecoin in terms of market value and trade volume, is poised to become a formidable player in the mining industry, as revealed by its CEO, Paolo Ardoino. On Thursday, Ardoino announced the…
[Nov 16, 2023 4:00 PM] The Bitcoin open interest can often be an indication of where the BTC price might be headed next depending on whether or not the metric is rising or falling. This time around, the Bitcoin open interest has risen drastically, hitting 19-month highs…
[Nov 16, 2023 3:44 PM] The SEC delaying decision about spot BTC ETFs could leave the market without a catalyst until early January, halting the crypto rally's momentum, K33 analysts said this week.
[Nov 16, 2023 3:34 PM] Bitcoin payments firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday.
[Nov 16, 2023 2:22 PM] Taproot Wizards, a Bitcoin Ordinals project focused on advancing Bitcoin's capabilities, has secured $7.5 million in funding to assemble a team of top tier developers to build on Bitcoin. The investment round was led by Standard Crypto…
[Nov 16, 2023 12:27 PM] A member of the German Bundestag (federal parliament), Joana Cotar, has expressed her support for making Bitcoin a legal tender in Germany, in an exclusive interview with Cointelegraph. Cotar told the publication that she wants to…
[Nov 16, 2023 11:19 AM] “This letter is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to subscribe now.”First things first, the primary function of Bitcoin is to remove the State’s special privilege of debt pardoning through monetary printing. Bitcoi
[Nov 16, 2023 10:00 AM] Those burned by the last big Bitcoin bull run are rightfully skeptical that another one is here so soon. However, a trend strength indicator is now confirming the existence of a new bullish trend emerging. Are bulls finally back in control over…
[Nov 16, 2023 10:00 AM] The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
[Nov 16, 2023 9:39 AM] Bitcoin remains prone to volatility, while further downside offers the "path of least resistance" for BTC price next, analysis warns.
[Nov 16, 2023 8:30 AM] If you want to trigger the establishment right and left in American politics, mention these two names together and see what happens: Donald Trump & Tucker Carlson. Now run the mental model of a Trump-Tucker ticket for a 2024 presidential bid and…
[Nov 16, 2023 8:00 AM] On-chain data shows the Bitcoin Network Value to Transactions (NVT) ratio is above the bear zone, implying the recent price growth might have been healthy. Bitcoin NVT Ratio Has Remained Outside Red Since October According to data from the on-chain…
[Nov 16, 2023 8:00 AM] Cathie Wood, CEO of Ark Invest, has reiterated her bullishness on the crypto industry. In a recent interview with CNBC’s “Squawk Box,” Cathie Wood argued that the crypto industry is poised to reach a $25 trillion valuation, given a regulatory…
[Nov 16, 2023 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Nov 16, 2023 4:45 AM] On Wednesday, the Bitcoin price rallied toward $38,000 amid expectations of the United States Securities and Exchange Commission (SEC) finally approving the first Spot BTC ETF. The regulator would end up exercising its right to delay its decision…
[Nov 16, 2023 2:20 AM] The Bitcoin price has risen as high as $38,012 (on Binance), recording a marginally higher high. Here are the main reasons for the latest surge in BTC price. #1 Euphoria Over Potential ETF Approvals The crypto market has been electrified by the…
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