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Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, as BTC Rebounds From 3-Month Low
[Jun 7, 2023 6:30 AM] Bitcoin rebounded from a near three-month low on Wednesday, as traders moved to buy the latest price dip. Yesterday’s decline came as the U.S. Securities and Exchange Commission sued both Binance and Coinbase. Ethereum moved closer to $1,900…
Russian Investigator Took Over 1,000 BTC in Bribe Money From Hackers, Report
[Jun 7, 2023 2:30 AM] An investigator working in Moscow has been caught with a record-breaking bribe paid by a hacking group in cryptocurrency. According to a Russian press report, the corrupt official accepted millions of dollars’ worth of bitcoin and saved the…
Bitcoin Life Insurance Startup Raises $19M in Seed Rounds Led by Sam Altman and Gradient Ventures
[Jun 6, 2023 11:30 PM] Meanwhile, a life insurance company that uses bitcoin, has accumulated $19 million through two seed funding rounds. The first round was led by Openai CEO Sam Altman and former Stripe executive Lachy Groom, while Google’s Gradient Ventures…
Bitcoin Price Trims Losses But Key Breakout Resistance Is Still Intact
[Jun 6, 2023 8:18 PM] Bitcoin price trimmed yesterday’s losses and climbed above $26,500. BTC is now again facing strong resistance near the $27,400 zone. Bitcoin started a fresh decline after it dived toward the $25,500 support. The price is trading above $26,500 and…
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as SEC Sues Binance
[Jun 6, 2023 6:43 AM] Bitcoin plunged to its lowest point in over two months, as markets continue to react to the SEC versus Binance lawsuit. The Securities and Exchange Commission (SEC) is suing the crypto exchange for violation of U.S securities laws. Ethereum was…
Bitcoin Interest Hits Rock Bottom: Google Trends Data Shows Lowest Score in 7 Months
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High
[Jun 5, 2023 6:46 AM] Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today’s session. Volatility has been significantly higher in the past few days, as the unemployment rate in the United States surged to…
Coinbase Expands Futures Offering, Unveils ‘Institutional-Sized’ Bitcoin and Ether Contracts
[Jun 4, 2023 1:30 AM] On June 1, Coinbase revealed its plans to extend bitcoin and ether futures contracts to institutional investors through its derivatives exchange. The firm mentioned that the Coinbase Bitcoin (BTI) and Ether (ETI) futures contracts would be…
Kenyan Central Bank Governor Says Stance on Crypto Not Driven by Personal Views
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals
[Jun 3, 2023 5:30 AM] Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point…
Bitcoin Is Becoming Greener At An Unexpected Pace, Good For BTC Price?
[Jun 2, 2023 2:00 PM] Bitcoin, the world’s most valuable cryptocurrency, is going green, and the pace at which the network has reduced its carbon emissions in the past three years has been noted by climate activists. Nonetheless, how this could impact BTC prices and…
Here Are The Pricing Models Bitcoin Must Stay Above For Rally To Go On
[Jun 2, 2023 11:30 AM] Here are the pricing model lines that Bitcoin might have to stay above if the bullish momentum of the cryptocurrency has to continue. These Bitcoin Pricing Models Are Currently Near The Spot Price In a new tweet, the on-chain analytics firm…
No More Crab: Bitcoin Poised For Explosive Move Above $30,000
[Jun 2, 2023 9:30 AM] Bitcoin is recording minor profits on higher timeframes but has been unable to display significant price action. In this context, volatility is reaching a record low, but the status quo could suddenly shift in the short term. As of this writing…
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, BTC Climbs Above $27,000 Following US Debt Ceiling Announcement
[Jun 2, 2023 6:30 AM] On Friday, bullish sentiment returned to cryptocurrency markets, as the U.S. Senate approved the bill to increase the debt ceiling. Bitcoin rose back above $27,000 on the news, snapping a four-day losing streak. Ethereum neared the $1,900 level…
Galaxy Digital CEO Mike Novogratz Says This Will Kickstart The Bitcoin Bull Market
[Jun 2, 2023 5:09 AM] Bitcoin and the broader cryptocurrency market have been trending sideways for the last month with no indication of an upside at this point. However, not everyone is bearish on the market as Galaxy Digital CEO Mike Novogratz expects the market to…
Wealthy Investors and Family Offices Embrace BTC Following Bank Failures, Says Swan Bitcoin Executive
[Jun 1, 2023 11:30 PM] According to Steven Lubka, the head of private clients and family offices, as well as the managing director at Swan Bitcoin, wealthy investors and private offices have been gravitating towards bitcoin since the downfall of Silicon Valley Bank…
Bitcoin mining firms keep building despite BTC mining profitability slump
[Jun 1, 2023 11:05 PM] Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 Ahead of US Non-Farm Payrolls
Bitcoin Price Takes Hit – Upsides Turn Attractive To Sellers
[May 31, 2023 9:04 PM] Bitcoin price started a fresh decline below the $27,500 support. BTC is now showing a lot of bearish signs below the $27,400 pivot level. Bitcoin started a fresh decline and tumbled below the key $27,500 support zone. The price is trading below…
Why This Is The Most Important Bitcoin Chart You’ll See This Week
[May 31, 2023 1:03 PM] Bitcoin price action is at an impasse. Bulls and bears are divided as to what happens next, leading to months of consolidation. It could all come down to the next few days, according to the most important BTCUSD price chart you’ll see this…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall Lower, as US Consumer Confidence Hits 6-Month Low
[May 31, 2023 7:30 AM] Bitcoin erased recent gains on Wednesday, as markets reacted to the latest points of U.S. economic data. One of which being consumer confidence, which dropped to a six-month low in May. Ethereum was also lower in today’s session, dropping…
‘The Bitcoin Standard’ author becomes economic adviser to El Salvador
[May 30, 2023 10:39 PM] Dr. Saifedean Ammous thinks El Salvador will be debt free if it accumulates Bitcoin for the next five years.
ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research
[May 30, 2023 2:37 PM] The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.
Rare Crypto Signal Emerges That Could Spark Another 2017-Style Boom
[May 30, 2023 12:00 PM] A rare crypto technical indicator signal has appeared for the first time in over six years. The last time it fired, the total cryptocurrency market cap climbed more than 7,000% and put the asset class on the map. With the signal now firing once…
Binance Australia Users Selling Bitcoin at Discount Ahead of AUD Withdrawals Halt
[May 30, 2023 11:30 AM] Customers of Binance Australia were trading bitcoin and other cryptocurrencies at lower prices than those on other platforms on Tuesday. The discount is apparently due to a popular Australian payment service preparing to cut off the crypto exchange…
Bitcoin Miners Receive Inflows Of 7,000 BTC, What Does It Mean?
[May 30, 2023 10:30 AM] On-chain data shows that Bitcoin miners have recently received net inflows of about 7,000 BTC. Here’s what this may mean for the asset. Bitcoin Miner Netflow Has Registered A Large Positive Spike As an analyst in a CryptoQuant post pointed…
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
[May 30, 2023 7:36 AM] Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, as ‘Death Cross’ Approaches
[May 30, 2023 7:15 AM] Bitcoin was once again trading above $28,000 on Tuesday, as the 10-day and 25-day moving averages neared a death cross. The two trend lines have moved closer to one another, with an upwards bullish crossover somewhat imminent. Ethereum was also…
Traders Act Fast As Binance Australia Unveils Bitcoin Discount For Limited Period
[May 30, 2023 4:36 AM] In an intriguing development for crypto traders, Binance Australia has introduced an exclusive Bitcoin discount, offering a unique opportunity for savvy investors. The platform’s recent announcement comes in the midst of a countdown to a…