Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
[Jun 7 10:36 AM] Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.
125 / 390 Relevant items tagged with #Bitcoin
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VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000
[Jun 7 9:30 AM] Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles…
Semler Scientific Expands Bitcoin Holdings, Acquires 247 More BTC
[Jun 7 8:40 AM] Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technology aimed at fighting chronic diseases, has expanded its bitcoin portfolio by acquiring an additional 247 bitcoins for $17 million, inclusive of fees and expenses. As of June 6…
BTC price dips 1.8% as Bitcoin tackles ‘schizophrenic’ new US jobs data
[Jun 7 8:29 AM] Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.
American Securities Association Sues SEC Over Lack of Transparency in Enforcement Actions
[Jun 7 7:31 AM] The American Securities Association (ASA) filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) on Thursday for failing to comply with the Freedom of Information Act (FOIA). The ASA seeks to compel the SEC to disclose records…
Bitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January
[Jun 7 6:52 AM] Over the past 158 days, starting from the beginning of the year, the quantity of bitcoin held by exchanges and miners has decreased by 183,253 BTC, valued at nearly $13 billion. Roughly 90.95% of this bitcoin withdrawal originated from…
U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High
[Jun 7 6:37 AM] Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.
Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important
[Jun 7 6:30 AM] The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their…
First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K
[Jun 7 5:54 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames
[Jun 7 5:50 AM] Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization of $1.4 trillion, bitcoin has gained 4.9%…
Semler Scientific To Raise $150M To Buy More Bitcoin
[Jun 7 3:59 AM] Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it acquired 247 additional Bitcoin for $17 million in cash, bringing its total holdings to 828 BTC. The company also plans to raise $150 million to expand its Bitcoin…
Bitcoin Could Lift to $83K in the Coming Days, Analyst Says
[Jun 7 3:45 AM] The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations.
Crypto On Watch: Will ECB Rate Cut Fuel Bitcoin Rally?
[Jun 7 3:00 AM] Bitcoin prices are set to surge following the European Central Bank’s (ECB) decision to initiate its first interest rate cut in five years yesterday. The unanimous vote by all 20 national representatives slashed rates by 0.25%, marking a…
Buy Now, Crypto Bull Market Returns, Says Arthur Hayes
Bitcoin may retest $69K next as shorts keep BTC price below all-time high
[Jun 7 1:30 AM] Bitcoin sees surprise selling into the latest daily close, giving rise to predictions of a support retest before new BTC price all-time highs.
Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record
[Jun 7 12:40 AM] The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.
Uzbekistan’s Islamic Authority Retracts Fatwa Against Cryptocurrency, Issues Apology
[Jun 6 10:22 PM] Uzbekistan’s highest Islamic authority has retracted a fatwa it issued on June 3 that deemed trading with cryptocurrencies impermissible. This declaration, which stated that cryptocurrency trading violated Sharia law, was mistakenly released…
Bitcoin Dips Again: Temporary Setback or Buying Opportunity?
[Jun 6 8:58 PM] Bitcoin price started a downside correction from the $71,650 resistance zone. BTC is now consolidating and might correct toward the $69,500 support. Bitcoin struggled above $71,500 and started a downside correction. The price is trading above…
‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters
Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued
[Jun 6 6:20 PM] Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of…
Robert Kiyosaki Says His Prediction of Bitcoin Hitting $350K in August ‘Is Not a Lie’ — Also Bullish on Ethereum and Solana
SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading
Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More
[Jun 6 4:25 PM] The firm currently holds 247 bitcoins and plans to expand its crypto treasury
Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?
[Jun 6 3:00 PM] Bitcoin long-term holders are back in profit following the flagship crypto’s recent price surge. However, the same can’t be said for most short-term holders yet, given the levels at which they purchased their Bitcoin holdings. Only 0.03% Of…
Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs
[Jun 6 2:43 PM] Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price.
Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach
[Jun 6 2:35 PM] The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27…
Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining?
[Jun 6 1:00 PM] Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In Bitcoin…
Investor Confidence Soars With $488M Inflows Into US Bitcoin ETFs
[Jun 6 10:13 AM] On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from the 11 publicly traded funds…
Crypto for Advisors: Layer 2s and the Evolution of Bitcoin
[Jun 6 10:00 AM] The Bitcoin community has developed various layer-2 blockchains that enhance the network's efficiency and functionality without altering its core software.
Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock
[Jun 6 9:00 AM] Rootstock's goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum.