Bitcoin ETF Traders Buy the Dip With Nearly $300M Inflows
[Jul 9 12:59 AM] Such inflows are the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million.
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Bitcoin ETF investors buy the dip: Daily inflows hit $295M
[Jul 8 11:49 PM] United States-listed Bitcoin ETFs have notched their biggest day of inflows in over a month amid a slump in the crypto markets.
Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms
[Jul 8 11:13 PM] Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special…
Massive Mt. Gox Bitcoin Shift Unlikely To Disrupt Prices, Says CryptoQuant CEO
[Jul 8 11:00 PM] Recent developments surrounding the repayment of creditors and investors of the defunct Bitcoin (BTC) exchange, Mt. Gox, have sparked concerns about potential effects on Bitcoin’s price. As the market retraced over 20% from its three-month…
Bitcoin MVRV Ratio At Make-Or-Break Test: Will Support Hold?
[Jul 8 10:00 PM] On-chain data shows that the Bitcoin Market Value to Realized Value (MVRV) ratio is doing a retest that has historically been significant for BTC. Bitcoin MVRV Ratio Is Retesting Its 365-Day SMA Right Now As explained by an analyst in a CryptoQuant…
Legendary Trader Peter Brandt Says Bitcoin Could Crash To $44,000, Here’s Why
[Jul 8 9:00 PM] Veteran trader Peter Brandt has raised the possibility of Bitcoin dropping to as low as $44,000. He predicted this could happen based on a technical indicator that paints a bearish outlook for the flagship crypto. Why Bitcoin Could Drop To $44,000…
Bitcoin Price Stabilizes After Losses: Can Bulls Overcome Resistance for a Recovery?
[Jul 8 8:51 PM] Bitcoin price is consolidating losses above the $55,000 level. BTC must settle above $58,500 and then $60,000 to start a recovery wave. Bitcoin dipped again and retested the $54,500 support zone. The price is trading below $58,500 and the 100…
Bitfarms Leadership Change: Ben Gagnon Named CEO
[Jul 8 7:11 PM] Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth over the…
Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
[Jul 8 6:00 PM] So far, Bitcoin has seen significant volatility in the last trading session, hinting at frail investor sentiment. Earlier today, the asset soared to as high as $57,300. However, the asset now appears to have run out of steam after reaching this…
Bitcoin’s sell-off could put ETF shares on the discount rack
[Jul 8 4:04 PM] Bitcoin's latest dramatic sell-off could present a rare opportunity for buyers to scoop up Bitcoin ETF shares at bargain prices.
German Government Liquidates $741M in Bitcoin Holdings
German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure
[Jul 8 3:13 PM] Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings.
Bitcoin Analyst Thinks Prices Must First Breach $50,000 Before Rallying
[Jul 8 2:30 PM] Bitcoin flash crashed on July 4 and 5, extending losses from all-time highs to about 30%. Though there was a relief bounce over the weekend, forcing the world’s most valuable coin up by nearly 11%, BTC remains within a bearish formation…
2024 Republican Platform Defends Bitcoin Mining and the Right to Self-Custody Crypto
Republican National Committee Endorses Pro-Bitcoin Platform in Party Draft
[Jul 8 1:11 PM] Today, a Republican National Committee panel approved a draft of its 2024 party platform, that strongly supports Bitcoin. On page nine, the draft explicitly states, "We will defend the right to mine Bitcoin, and ensure every American has the right…
Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?
[Jul 8 1:00 PM] Recent data shows that the Bitcoin mining difficulty is on the decline and has hit its lowest since May. This is significant considering what this could mean for the Bitcoin ecosystem, specifically Bitcoin’s price. Bitcoin Mining Difficulty Drops…
Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
[Jul 8 12:56 PM] Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term.
Bitcoin ‘Extreme Greed’ Is Almost Here: Price Bottom Now Close?
$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024
[Jul 8 10:35 AM] At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting…
Bitcoin price seesaws near $56K as US stocks post fresh all-time highs
[Jul 8 9:07 AM] BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.
Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?
[Jul 8 8:30 AM] The beginning of July has not been bullish for the Bitcoin and crypto market as earlier expected due to a number of events that have shaken the market. For example, the Spot Ethereum ETFs did not debut on July 2nd as expected, and the US and German…
Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
[Jul 8 7:43 AM] Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
Bitcoin Technical Analysis: BTC Prices Rebound Following $53,550 Low
First Mover Americas: BTC Rebounds to $57K
[Jul 8 6:23 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
German gov’t shifts additional 3K BTC in 1 hour
[Jul 8 6:14 AM] The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system.
German Government Moves 1,205 Bitcoin Amid Price Fluctuations
[Jul 8 5:40 AM] According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds were distributed to multiple addresses, including Coinbase and Bitstamp. Germany Divests Another $68 Million in…
Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
[Jul 8 3:06 AM] U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.
BTC price risks ‘double top’ — 5 things to know in Bitcoin this week
[Jul 8 3:05 AM] BTC price disappoints with the weekly close, leading to accusations of a “dead cat bounce” from Bitcoin traders wary of new lows.
Is Bitcoin Undervalued Now? Industry Expert Decodes The Market State
[Jul 8 2:05 AM] On Saturday, Bitcoin experienced a robust rally, climbing above $58,250. Despite this upward movement, it was unable to sustain the momentum and close above the 200-day Exponential Moving Average (EMA). This led to the formation of a bearish…
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
[Jul 7 10:32 PM] Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a…