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Institutional Investors Flee Ethereum Amid Plunge Toward $1,500
[Sep 12, 2023 5:00 PM] Institution crypto investors have been pulling out of the market for the better part of this year, especially as the bear market has taken hold. However, Ethereum has suffered way more than other assets in this regard with outflows dragging total…
Bitcoin: $22,600 Or $31,200? Odds Split For Next 90 Days
[Sep 12, 2023 4:00 PM] Bitcoin (BTC), the leading cryptocurrency, has defied expectations of a steep decline to sub-$20,000 levels and has rebounded to the $26,000 mark, registering a 3.5% gain over the past 24 hours. This resurgence in Bitcoin’s price coincides…
Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network
[Sep 12, 2023 4:00 PM] David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value…
Bitcoin Price Imminent Crash Into The $23,000 Level, These Are The Bearish Catalysts
[Sep 12, 2023 1:00 PM] The Bitcoin price has been moving sideways over the past few weeks, although it saw a volatility spike in the last 24 hours. However, the cryptocurrency remains stuck as sentiment turns negative, and more and more traders expect another re-test of…
Bitcoin Forming Death Cross: Here’s What Happened Last Time
[Sep 12, 2023 10:00 AM] Bitcoin appears to be in the process of forming a death cross currently. Here’s what happened to the asset the last time this pattern emerged. Bitcoin 50-Day MA Is Moving Below The 200-Day MA Right Now As pointed out by an analyst in a post…
Crypto Analyst Predicts Where Bitcoin Price Will Be By End Of Year
[Sep 12, 2023 9:00 AM] A crypto analyst has presented their forecast for where they believe the Bitcoin price will be by the end of 2023. However, the end-of-year (EOY) price prediction is not the only interesting thing that the analyst talks about, with short-term…
Bitcoin faces ‘ton’ of resistance after daily BTC price gains pass 5%
[Sep 12, 2023 7:58 AM] BTC price strength improves after a trip to three-month lows, but Bitcoin bulls have multiple hurdles to clear.
Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing
[Sep 12, 2023 7:11 AM] The U.S. government on Wednesday morning will release its latest official inflation data.
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 3-Month Low, as Bulls ‘Buy the Dip’
[Sep 12, 2023 6:15 AM] Bitcoin dropped below the $25,000 mark late on Monday, as bearish sentiment intensified to start the week. The cryptocurrency has since rebounded, and as of writing is hovering marginally above the $26,000 level. Ethereum also declined, hitting its…
First Mover Americas: Altcoin Crash May Be on the Cards
[Sep 12, 2023 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities
[Sep 12, 2023 5:44 AM] Canaan vice president Davis Hui believes a supply deficit following the next Bitcoin halving will drive its price past $100,000.
Bitcoin Price-Volatility Correlation Turns Negative Again as Crypto Traders Eye FTX Liquidations
[Sep 12, 2023 4:13 AM] The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations will crater the crypto market.
Bitcoin Price Bounces Back To $26,000, Here’s Why
[Sep 12, 2023 2:00 AM] In a swift turnaround from yesterday’s dip, Bitcoin (BTC) surged to nearly $26,000 during Asian trading hours on Tuesday. This recovery, which saw the BTC climb from $25,210 to $25,973 in a mere 30 minutes (from 3:00 am to 3:30 am UTC), was…
Bitcoin price must take $26K, trader says after ‘textbook short squeeze’
[Sep 12, 2023 1:01 AM] Bitcoin shorts start to suffer thanks to a $1,000 BTC price relief rally, but key resistance remains in place.
BIP-300 biff: Debate reignites over years-old Bitcoin Drivechain proposal
[Sep 11, 2023 10:16 PM] The proposal would allow other blockchains to be built on the Bitcoin network. In August, a core developer rewrote the proposal’s code and requested it be added to Bitcoin’s codebase, sparking new debate over its merits.
Bitcoin Price Prints Bearish Technical Pattern, Why It Could Drop To $24K
[Sep 11, 2023 8:51 PM] Bitcoin price broke the key $25,350 support. BTC is now consolidating near $25,000 and remains at a risk of more downsides in the near term. Bitcoin traded below the $25,600 and $25,350 support levels. The price is trading below $25,600 and the 100…
GBTC’s Discount Narrows Amid Bitcoin’s Downturn, But A Bullish Trend Is Coming?
[Sep 11, 2023 7:00 PM] The Grayscale Bitcoin Trust (GBTC) share price has again made headlines. Its premium or discount to Bitcoin’s net asset value (NAV), often viewed as an indicator of institutional sentiment towards the cryptocurrency, has displayed a notable…
Bitcoin Flash Crashes To New H2 2023 Lows, $20,000 Incoming?
[Sep 11, 2023 4:00 PM] Bitcoin, the world’s most valuable cryptocurrency, is free-falling, looking at price action on September 11. From the daily chart, BTC is trading at $25,135, a marginal improvement after dropping to H2 2023 lows of $24,951 minutes earlier…
FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations
[Sep 11, 2023 2:00 PM] The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC). 16% of Solana’s Market Cap Is Held by FTX In a…
Bitcoin Dips Below $25,000 As Former Paypal President Hails It As Universal Internet Currency
[Sep 11, 2023 1:00 PM] In an interview with CNBC on Monday, David Marcus, former President of Paypal and Head of Facebook Payments, expressed his belief that Bitcoin (BTC) is the universal protocol for money on the internet. He emphasized Bitcoin’s significance as…
Anthony Pompliano Says Bitcoin Bull Run Is Coming
[Sep 11, 2023 12:14 PM] In a recent appearance on Fox Business, Anthony "Pomp" Pompliano suggested that a significant Bitcoin bull run is on the horizon. Pompliano, a well-known figure in the Bitcoin space, shared his insights on the future of Bitcoin and why he…
Bitcoin Dips Below $25K in a Tumultuous Crypto Market, While Traditional Equities Soar on Tesla’s Rise
[Sep 11, 2023 12:11 PM] Bitcoin’s (BTC) value dipped under the $25K mark on Monday, a level unseen in 88 days, pushing the global cryptocurrency market cap perilously close to falling below the $1 trillion benchmark. Presently, BTC is hovering just above the $25K…
Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale
[Sep 11, 2023 11:51 AM] tk
Dormant Bitcoin Awakenings: $958 Million in ‘Sleeping Coins’ Stir in 2023
Bitcoin Adoption: Addresses Saw 2nd-Highest Rise In History This Weekend
[Sep 11, 2023 11:00 AM] On-chain data shows the Bitcoin network saw new addresses crop up at the second-highest rate in history during the past weekend. Bitcoin New Addresses Metric Shot Up During This Past Weekend According to data from the market intelligence platform…
Former PayPal President David Marcus Aims to Turn Bitcoin Into a Global Payment Network
[Sep 11, 2023 10:29 AM] In a recent appearance on CNBC's Squawk Box, former PayPal President David Marcus shared his vision for Bitcoin, aiming to transform it into a global payment network. Marcus, who is the CEO of Lightning Network infrastructure company Lightspark…
Remember That Guy That Lost A Flashdrive With 8,000 BTC? Here’s What He’s Up To Now
[Sep 11, 2023 10:00 AM] James Howells, a Welsh Bitcoin investor and the man who inadvertently lost $557 million worth of BTC in a flash drive is seeking to file a lawsuit against Newport City Council (NCC) in the United Kingdom for refusing his requests to excavate the…
Lost In Transaction: Bitcoin User Overpaid By $500,000 For A $200 Deal
[Sep 11, 2023 9:00 AM] In times of high congestion, Bitcoin users sending transactions on the network pay high fees to be included in the next block. These fees can reach hundreds of dollars depending on the transaction size, but a user might have broken the record. 20…
GBTC ‘discount’ hits smallest since 2021 despite BTC price at 3-month lows
[Sep 11, 2023 8:37 AM] Bitcoin sits in the shade as the GBTC share price creeps ever closer to 1:1 against the BTC price.