Bitcoin misses key resistance flip as BTC price falls below $68K
[May 28 3:36 AM] BTC price action shows sensitivity to Mt. Gox events, leaving $69,000 unclaimed as new support — to the frustration of Bitcoin bulls.
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Trump Inquired if Bitcoin Could Aid in Solving the $35 Trillion US National Debt Problem
[May 28 3:22 AM] David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national debt problem. During an X space on Sunday night, Bailey…
One-Third of U.S. Voters Say They'll Weigh Candidates' Crypto Views Before Voting: Poll
[May 28 3:00 AM] One in three U.S. voters said they'll consider a political candidate's position on cryptocurrencies before making a voting decision, according to a new Harris Poll examination of likely U.S. voters.
Mt.Gox Transfers $9B Bitcoin to Single Address as Part of Repayment Plans
[May 28 12:01 AM] Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.
Bitcoin exchange-traded products now hold over 1 million BTC
[May 27 11:54 PM] The collective total held by all Bitcoin ETFs globally is now more than 1 million coins, currently worth almost $68 billion.
Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%
[May 27 10:00 PM] The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after experiencing a brief 20% price correction that sent it as low as $56,400 in early May. This consolidation…
Microstrategy’s Michael Saylor States Spot Ether ETF Approval ‘May Be Better for Bitcoin’
Bitcoin Price Aims Higher: Bullish Trend Signals New Peaks Ahead
[May 27 7:09 PM] Bitcoin price climbed higher above the $70,000 level. BTC is now holding gains above support and might aim for another increase in the near term. Bitcoin extended its increase above the $70,000 zone. The price is trading above $69,000 and the 100…
Bitcoin Bargains: Expert Reveals Ideal Buy Zones For Maximum Gain
Turkish Parliament Committee to Review Crypto Bill This Week
Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
[May 27 4:31 PM] Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to…
JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs
[May 27 3:24 PM] Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is…
Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
[May 27 1:50 PM] Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the…
ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?
[May 27 1:30 PM] After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months. Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio…
Bitcoin Breaks $70K Barrier, Leading to $27.75M in Liquidations
[May 27 12:25 PM] The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar…
Bernstein Predicts Crypto Arms Race Among Asset Managers
[May 27 12:10 PM] Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance)…
Price analysis 5/27: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
[May 27 12:09 PM] Bitcoin and Ether are finding buyers at higher levels, indicating that the respective overhead resistance levels are weakening and new all-time highs could be on the way.
Altcoin Season Soon? Quant Says This Ethereum Pattern Could Suggest So
Kickstarting The Bitcoin Bull Run: Expert Says $70,000 Is The Level To Beat
[May 27 9:00 AM] Crypto expert Michael van de Poppe has outlined an important price level from which Bitcoin must break out. He claims that once it achieves a successful breakout, the flagship crypto will see a new all-time high (ATH). Bitcoin Needs To Break…
Nomura and GMO Collaborate on Japanese Stablecoin Issuance
[May 27 6:35 AM] Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet…
Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K
[May 27 5:51 AM] As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to $69,340 with a 24-hour trade volume of $10.74 billion. Bitcoin The…
Argentina aims to learn from El Salvador's Bitcoin success
[May 27 3:41 AM] Argentina wants to learn from El Salvador’s experience of Bitcoin adoption and other cryptocurrency activities.
BTC price preps 'most parabolic phase' — 5 things to know in Bitcoin this week
[May 27 3:05 AM] Bitcoin is consolidating and BTC price bets are building — where will BTC/USD head next?
Bitcoin might get boring — But Ether may propel LINK, UNI, ARB prices higher
[May 27 2:36 AM] After the initial subdued reaction to the spot Ether ETF approval, Ether may move up, pulling LINK, UNI, and ARB higher, while Bitcoin may consolidate.
Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining
[May 26 7:31 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining…
Bitcoin Price Losing Steam: Market Momentum Slows Amid Trading Hesitation
[May 26 7:17 PM] Bitcoin price is slowly losing momentum and struggling below $70,000. BTC is now consolidating and facing hurdles near the $69,500 resistance zone. Bitcoin is facing many key hurdles near the $70,000 zone. The price is trading above $69,500 and the…
Can Bitcoin finally move on from Craig Wright?
[May 26 4:54 PM] England's High Court of Justice delivered a heavy blow to Wright with a judgment that said he "lied to the court extensively and repeatedly."
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
[May 26 3:20 PM] The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of…
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
[May 26 12:32 PM] In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative…