First Mover Asia: Bitcoin Crosses $31K After Spot BTC ETF Issuers Begin Refiling
[Jul 3, 2023 7:52 PM] PLUS: The first half of 2023 has so far been very promising for crypto majors.
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Why Bitcoin Dominance Hints At A Surprise Altcoin Season Ahead
[Jul 3, 2023 6:19 PM] Over the last month, a coordinated attack against altcoins by the US SEC caused Bitcoin dominance to surpass 50%. Above the psychological level makes BTC more valuable as a whole than the entire crypto market. However, a technical signal has…
Crypto Market Cap Poised For Breakout: Analyst Predict 23% Upside Potential
[Jul 3, 2023 4:00 PM] The crypto market has been on a rollercoaster this year, with prices fluctuating wildly and regulatory pressures causing significant drops. However, recent developments have given investors renewed confidence in the market, leading to a total…
Price analysis 7/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
[Jul 3, 2023 2:14 PM] The bulls are trying to nudge Bitcoin above the critical resistance of $31,000, which may start a broad-based crypto rally.
Shiba Inu Leads With Highest Number of Fake Twitter Followers, Data Reveals
[Jul 3, 2023 10:00 AM] Twitter’s initial endeavor to implement a fee for verifying accounts with blue check marks resulted in a reportedly marked decrease in bots. Nevertheless, the persistent nuisance of fake Twitter accounts remains far from abating. Twitter…
Bitcoin traders torn between breakout and $28K dip as BTC price stalls
[Jul 3, 2023 8:52 AM] BTC price action keeps everyone guessing, while Bitcoin casually marks a major achievement on monthly timeframes.
Bitcoin Bulls Dominate, But Expert Warns Of Potential $20,000 Retest
[Jul 3, 2023 8:18 AM] Bitcoin has risen by almost 80% in the first six months of 2023. However, as has been the case in the past, the cryptocurrency has experienced periods of stagnation before making any significant moves. This has resulted in a consolidation phase…
Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say
[Jul 3, 2023 7:54 AM] The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.
Bitcoin, Ethereum Technical Analysis: ETH Nears $2,000, Ahead of US Independence Day
[Jul 3, 2023 7:06 AM] Ethereum moved closer to $2,000 on Monday, as markets prepared for a short, but busy week of U.S. economic data. This is due to the fourth of July Independence Day celebrations, which will see some markets in the United States closed. Once…
Bitcoin Sharks & Whales Show Strong Buying, Rally To Continue In July?
[Jul 3, 2023 6:30 AM] On-chain data shows that Bitcoin sharks and whales have continued to accumulate recently, something that could help the rally go parabolic this month. Bitcoin Sharks & Whales Have Continued To Add To Their Holdings According to data from the…
First Mover Americas: Traders Place Big Bets on Ether for Second Half of 2023
[Jul 3, 2023 6:27 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing
[Jul 3, 2023 2:58 AM] Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.
Miners send millions to exchanges — 5 things to know in Bitcoin this week
[Jul 3, 2023 2:20 AM] Bitcoin miners appear to be reducing risk as the significance of BTC price above $30,000 remains firmly in evidence.
Institutional Investors Flock To Bitcoin: Are We Witnessing A Paradigm Shift?
[Jul 3, 2023 2:00 AM] The Bitcoin market is experiencing a seismic shift, with recent data revealing fascinating trends that shed light on the evolving dynamics. From a significant decline in Bitcoin inflows to a historic drop in supply on exchanges, coupled with a…
SEC has pushed investors into 'toxic' crypto products and FTX: Winklevoss
[Jul 2, 2023 11:31 PM] Gemini co-founder Cameron Winklevoss said the SEC's refusal to approve a spot Bitcoin ETF has been a "complete and utter disaster for U.S. investors."
Bitcoin Price Holds Strong As The Bulls Aim New High Above $32K
[Jul 2, 2023 9:19 PM] Bitcoin price is moving higher above the $30,500 resistance. BTC is showing positive signs and might aim for a new high above the $31,400 level. Bitcoin is trimming all its losses and trading above the $30,500 resistance zone. The price is trading…
First Mover Asia: Bitcoin Maintains $30K as Prospective Issuers Refile ETF Applications
[Jul 2, 2023 7:27 PM] PLUS: Japan is a regulatory success story when it comes to digital assets and Web3. But walking around the recent IVS Crypto Conference in Kyoto, one can’t help but feel that something is amiss.
LTC, XMR, AAVE, and MKR turn bullish as Bitcoin stalls under $31K
[Jul 2, 2023 1:51 PM] Bitcoin’s narrow range trading may end soon and if an upside breakout happens. Meanwhile, LTC, XMR, AAVE and MKR are showing strength.
June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags
[Jul 1, 2023 10:30 PM] Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached an…
Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
[Jul 1, 2023 3:27 PM] The rejection of ETF applications by the SEC caused a knee-jerk reaction but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers.
Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed
[Jul 1, 2023 11:30 AM] On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and fungible…
NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises
[Jul 1, 2023 9:00 AM] In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June. June 2023 Sees a Slip in NFT Sales…
Bitcoin price has never lost more than 10% in July — Is 2023 different?
[Jul 1, 2023 7:20 AM] Bitcoin looks primed for a "liquidity hunt" to $35,000, but not everyone is convinced that BTC price upside will last beyond July.
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,900, Hitting a 2-Month High to Start July
[Jul 1, 2023 5:56 AM] Ethereum entered the month of July in the green, as price traded at a two-month high to start the weekend. Markets moved to rebound on Saturday, after better than expected consumer sentiment data in the United Stated spooked traders. Bitcoin also…
Binance CEO Goes Bullish On Bitcoin – What’s The Inside Scoop?
Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study
[Jul 1, 2023 2:30 AM] Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web…
Here’s What Caused Bitcoin’s Flash Crash To $29,000
[Jun 30, 2023 5:00 PM] Bitcoin had been trending over $31,000 for the better part of Friday after reclaiming this support level from the bears. However, this did not last long as the digital asset saw a flash crash that sent its price spiraling toward the $29,000 level…
Bitcoin Price Takes A Hit As SEC Deems Spot ETF Filings ‘Inadequate’
[Jun 30, 2023 12:00 PM] The US Securities and Exchange Commission (SEC) has reportedly told exchanges Nasdaq and Cboe that recent filings for spot Bitcoin (BTC) exchange-traded funds (ETFs) from asset managers including BlackRock and Fidelity were not “clear and…
Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges
[Jun 30, 2023 11:30 AM] Over the past two weeks, bitcoin cash has experienced a significant surge, increasing 182% against the U.S. dollar and attracting more hashrate to its network. Approximately 22 bitcoin cash mining pools are now allocating SHA256 hashrate to the…
Sudden Crypto Volatility Spurs $216M in Losses, Liquidating Both Long and Short Positions
[Jun 30, 2023 11:08 AM] Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate.