XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low
[Jul 19, 2023 3:33 PM] Bitcoin’s stall despite the recent wave of positive news is a cause for concern, one observer said.
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US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application
[Jul 19, 2023 3:30 PM] The U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie. The move, which opens the door to an official review process, follows last week’s acknowledgment of…
BREAKING: No Bitcoin Sale From Tesla, Electric Car Giant Holds On As BTC Bounces Back To $30,000
[Jul 19, 2023 3:25 PM] Tesla has released its Q2 2023 earnings report, which has been highly anticipated by investors, and it shows no signs of Bitcoin movement for the electric car giant in the previous quarter. The report shows that the company has had a…
Tesla Didn’t Buy or Sell Any Bitcoin for Fourth Straight Quarter in Q2
[Jul 19, 2023 2:13 PM] The value of its bitcoin holdings remained at $184 million.
Unlike Father, Spencer Schiff Calls Depression Warning ‘Fearmongering,’ Predicts Hyperdeflationary Boom, Bitcoin Crash; Banks on AI Future
Price analysis 7/19: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
[Jul 19, 2023 1:26 PM] Bitcoin's failure to rebound off strong support levels increases the risk of a deeper correction that could also negatively impact altcoins.
Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval
[Jul 19, 2023 1:06 PM] Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days — until March 2024 — for final approval or denial.
Bitcoin Exchange Inflow Spikes, Is This Bearish?
[Jul 19, 2023 1:00 PM] On-chain data shows the Bitcoin exchange inflow towards Binance has spiked during the past day, which may be bearish for the price. Bitcoin Exchange Inflow Has Registered A Large Spike As an analyst in a CryptoQuant post pointed out, a whale has…
Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
[Jul 19, 2023 10:30 AM] The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
Bitcoin mining is becoming more environmentally friendly
[Jul 19, 2023 9:40 AM] Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism.
Bitcoin Has Broken This Open Interest Pattern, Quant Explains
[Jul 19, 2023 9:00 AM] A quant has explained how a pattern in the Bitcoin open interest that held during the past month now appears to be broken. Bitcoin Open Interest Is Now Moving Against The Price As explained by an analyst in a CryptoQuant post, the BTC price had…
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000, Following Latest US Retail Sales Report
[Jul 19, 2023 6:32 AM] Bitcoin slipped below the $30,000 mark on Wednesday, as markets continued to react to the latest U.S. retail sales report. Sales rose by 0.2% last month, which is more than the 0.5% sum many had forecasted. Ethereum has remained resilient, climbing…
First Mover Americas: Investors Pile Into Bitcoin ETPs Following BlackRock ETF Filing
[Jul 19, 2023 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin miners hedging with recent sell-offs: Bitfinex report
[Jul 19, 2023 3:34 AM] All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.
Signal With Perfect Track Record Predicts Bitcoin Bull Market Parabola: Analyst
Robert F. Kennedy Jr vows to back US dollar with Bitcoin if elected president
[Jul 18, 2023 11:46 PM] RFK Jr. said he will use Bitcoin to stabilize the U.S. dollar as well as make Bitcoin profits exempt from capital gains tax.
Altcoins ‘bled’ as Bitcoin gained dominance in Q2: CoinGecko
[Jul 18, 2023 10:15 PM] Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains.
Bitcoin Bulls Keeps Pushing, Why Fresh Increase To $31K Seems Likely
[Jul 18, 2023 9:20 PM] Bitcoin price is attempting a fresh increase from $29,500. BTC could gain bullish momentum if it clears the $30,200 resistance zone in the near term. Bitcoin is slowly moving higher from the $29,500 level. The price is trading below $30,200 and the…
First Mover Asia: Bitcoin Lingers Below $30K, While XRP Continues Its Rally
[Jul 18, 2023 7:30 PM] PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.
Bitcoin’s Worst Performance Period Ever: Is the Bottom In Sight?
[Jul 18, 2023 7:00 PM] The ongoing bear market in Bitcoin is the longest in the network’s history, Glassnode data shows. According to trackers, the winter started on November 10, 2021, after prices peaked at over $69,000. As of July 18, 2023, BTC is trading at…
XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K
[Jul 18, 2023 3:48 PM] Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, a FalconX analyst said.
Binance Integrates Lightning Network Deposits and Withdrawals
[Jul 18, 2023 3:30 PM] Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network…
Thodex CEO Sentenced To Prison For Tax Evasion
[Jul 18, 2023 2:00 PM] Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board. Thodex, which was once a…
Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers
[Jul 18, 2023 11:36 AM] In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday…
XRP Overtakes Bitcoin In Highest Weekly Trading Volume Following Legal Triumph
[Jul 18, 2023 9:30 AM] XRP, the native token of the Ripple network, has reportedly surpassed Bitcoin in trading volume on the weekly average. The digital asset, following a significant legal win last week, now claims 21% of all cryptocurrency trade volume over the last…
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
[Jul 18, 2023 9:30 AM] In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as…
Bitcoin bulls battle to reclaim $30K amid BTC price RSI 'reset'
[Jul 18, 2023 8:49 AM] Bitcoin returns to a tug-of-war over the $30,000 mark, with BTC price action costing RSI weeks of upside.
Bitcoin’s Realized Cap Nears $400 Billion Despite Price Struggle At $30,000
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
[Jul 18, 2023 7:35 AM] Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.