Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns
[Oct 18, 2023 11:20 AM] The U.S. 30-year Treasury bond is on pace to close above 5% for the first time in more than 16 years.
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Lightning Labs Rolls Out 'Taproot Assets,' to Make Bitcoin 'Multi-Asset' Network
[Oct 18, 2023 10:37 AM] Taproot Assets will give developers "the tools needed to make Bitcoin a multi-asset network, but in a scalable manner," according to Lightning Labs.
This Rare Bullish Bitcoin Crossover Could Soon Form, Quant Predicts When
[Oct 18, 2023 9:00 AM] A rare bullish crossover between two on-chain metrics could soon be forming for Bitcoin. Here’s when this analyst believes the cross would happen. Bitcoin Realized Prices Of Two UTXO Age Bands Are Moving Towards A Cross As explained by an…
Bitcoin Is Physical: Bits And Bytes Have To Live Somewhere
[Oct 18, 2023 8:30 AM] Sound money is money that is not prone to sudden debasement. The conversation surrounding sound money has reached a critical point, given the present uncertainties in the global financial landscape. The spiraling debt of sovereign nations have…
Unchained Debuts Bitcoin-Focused Financial Advisory Services
[Oct 18, 2023 8:00 AM] Sound Advisory / Unchained Unchained, a leading Bitcoin financial services provider, has launched its new service, Sound Advisory, per a press release sent to Bitcoin Magazine. This new platform offers registered investment advisor (RIA) services…
Bitcoin Financial Services Firm Unchained Looks to Attract Wealthy Clients With New Advisory Service
[Oct 18, 2023 7:55 AM] The service will offer a network of "bitcoin-competent" financial planners to help HNWIs build distribution and utilization strategies and address potential tax and inheritance issues, Unchained said.
Bitcoin, Ethereum Technical Analysis: BTC Bulls Secure Gains, Following a Recent Multi-Month High
[Oct 18, 2023 7:16 AM] Bitcoin stalled in today’s session, as traders consolidated gains, following a recent two-month high. The global market cap is trading 0.01% lower as of writing, with the cryptocurrency remaining above the $28,000 level. Ethereum has been…
First Mover Americas: GBTC Discount Continues to Narrow; Reddit’s Crypto Tokens Plummet
[Oct 18, 2023 6:10 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin metrics ‘improve bullish odds’ as BTC price holds 200-week trendline
[Oct 18, 2023 6:08 AM] BTC price gains are not guaranteed as a result, but promising on-chain signals show “good things are happening” for Bitcoin bulls, analysis says.
Bitcoin Dominance Rises: Why Altcoin Buying May Need A Break
[Oct 18, 2023 5:00 AM] In a recent trend evident on crypto charts, Bitcoin dominance is once again on the rise, prompting some traders and investors to rethink their strategies concerning altcoins. An in-depth analysis of the data, coupled with insights from prominent…
Bitcoin Nears $29K as Fidelity ETF Amendment Bumps Bullish Sentiment
[Oct 18, 2023 2:48 AM] Some analysts said the amendments show the U.S. Securities and Exchange Commission (SEC) is holding active discussions with related parties.
Bitcoin SV Climbs 22% – A Close Look At The Factors Behind The Surge
[Oct 18, 2023 2:40 AM] Despite seeing a notable increase of 15.2% in value yesterday, the current price of Bitcoin SV remains steady at a little over $39 compared to the previous day. The current market situation involves a struggle with the immediate dynamic resistance…
Coinbase Trading Volume Slows Further as Crypto Winter Continues: Berenberg
[Oct 18, 2023 1:24 AM] “We continue to view COIN’s consumer take rate as being at risk of compression due to competition for market share within a lower volume crypto space,” the bank said.
Bitcoin Price is About to See “Liftoff” if It’s Able to Hold One Crucial Level
[Oct 17, 2023 9:09 PM] Bitcoin price is consolidating above the $28,000 support. BTC could gain bullish momentum if it clears the $28,550 resistance zone. Bitcoin started a consolidation phase below the $28,500 level. The price is trading above $27,800 and the 100 hourly…
Bitcoin Thief’s Decade-Long Heist: Solving The Mystery Of The Stolen Silk Road BTC
[Oct 17, 2023 7:00 PM] In 2012, a staggering 50,000 Bitcoin (BTC) were stolen from the infamous Silk Road, an illicit dark web marketplace. Over the years, the value of the stolen BTC skyrocketed to $3 billion, making it one of the most significant mysteries in…
Blackrock CEO Larry Fink Sees Global Demand and ‘Pent-up Interest in Crypto’ Amid Israel-Hamas War
Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle
[Oct 17, 2023 4:05 PM] Bitcoin's market share of all cryptocurrencies rises to highest since April 2021.
Bitcoin Market Cap Could Rise By $1 Trillion After Spot ETFs Launch: CryptoQuant
[Oct 17, 2023 2:00 PM] CryptoQuant has revealed in its latest report that the Bitcoin market cap could rise by as much as $1 trillion after launching the spot ETFs. Bitcoin Could See A 165% Rise When The Spot ETFs Launch Yesterday, fake news of the approved iShares…
Time To Cash Out? Bitcoin’s 4-Hour RSI Triggers Sell Indicator
[Oct 17, 2023 12:00 PM] Bitcoin (BTC) has retraced to the $28,400 level following a failed breakout above $30,000, resulting in a high rate of liquidations for both long and short positions. Additionally, the recent fake news surrounding the approval of Blackrock’s…
Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock
[Oct 17, 2023 9:30 AM] The "Unbroken Chain" fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin.
BTC price models hint at $130K target after 2024 Bitcoin halving
[Oct 17, 2023 9:20 AM] Bitcoin is due to double its current all-time high price within two years of the April 2024 halving, the models suggest.
Analyst Points Out Weird Bitcoin Activity On Bybit & Deribit Before Flash Surge
[Oct 17, 2023 9:00 AM] An analyst has pointed out how some suspicious Bitcoin buying activity took place on Bybit and Deribit in the leadup to yesterday’s flash surge. Bitcoin Taker Buy Sell Ratio Saw Extraordinary Spikes On Bybit & Deribit Yesterday In a new…
Bitcoin Price: Why $28,000 Could Hold The Key For Massive Bull Run
[Oct 17, 2023 8:00 AM] The Bitcoin price experienced volatility in the last day following speculation about approving a spot BTC Exchange Traded Fund (ETF) in the US. The rumors turned out false, but the cryptocurrency managed to reclaim a critical level. As of this…
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 2-Month High, Following Strong US Retail Sales
[Oct 17, 2023 7:30 AM] Bitcoin remained near a two-month high on Tuesday, as markets digested the latest retail sales figures from the United States. Sales, which account for two thirds of the U.S. economy, rose by 0.7% in September, 0.4% higher than expected. Ethereum…
BlackRock Reacts To False Bitcoin Spot ETF Approval News In A Positive Way
[Oct 17, 2023 7:00 AM] Investment management firm Blackrock has reacted to rumors about the approval of its Bitcoin Spot ETF application by the United States Securities and Exchange Commission (SEC) which caused quite a stir among the cryptocurrency community. Blackrock…
First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds
[Oct 17, 2023 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BTC price holds 6% gains as Bitcoin battles for 'crucial' $28K support
[Oct 17, 2023 5:41 AM] Bitcoin is at a "critical milestone" as BTC price tackles the $28,000 mark, say the co-founders of Glassnode.
Bitcoin Amsterdam: BTC shines in depths of crypto bear market
[Oct 17, 2023 5:02 AM] Prominent Bitcoin developers and market analysts highlight BTC’s relative performance to the broader cryptocurrency markets at Bitcoin Amsterdam.
Mash, TFTC Launch New Publishing Products Powered By Bitcoin
[Oct 17, 2023 4:00 AM] Announced today, Mash and TFTC revealed they have joined forces to shake up online media monetization and user engagement, introducing a suite of tools powered by Bitcoin and the Lightning Network. This partnership also marks the relaunch…
Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed
[Oct 17, 2023 3:13 AM] The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.