[Sep 7, 2023 9:24 PM] Bitcoin price is slowly moving higher above $26,000. BTC is showing signs of recovery but is still struggling to clear the $26,500 resistance zone. Bitcoin is up 2% and trading above the $26,000 resistance zone. The price is trading well above…
[Sep 7, 2023 7:00 PM] Benjamin Cowen, an analyst and founder of Into The Cryptoverse, thinks Bitcoin will likely maintain a downside trajectory in September ahead of next year’s halving. Pointing to the coin’s performance and comparing it to how Bitcoin has…
[Sep 7, 2023 5:30 PM] Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged at $18,000. This move is closely tied…
[Sep 7, 2023 11:46 AM] Bitcoin (BTC) has officially dipped below the $26,000 level and is currently trading at $25,800, which coincides with its 200-week Exponential Moving Average (EMA). This EMA has served as a crucial support level, as it played a role in…
[Sep 7, 2023 11:43 AM] While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin…
[Sep 7, 2023 10:51 AM] The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets.
[Sep 7, 2023 9:45 AM] How will advisors adapt to support the next gen investor? Erik Anderson from Global X takes us through the changing landscape in today’s Crypto for Advisor newsletter.
[Sep 7, 2023 9:06 AM] BTC price centers on the 200-week exponential moving average, while analysts warn that Bitcoin and risk assets are in danger from a surging dollar.
[Sep 7, 2023 8:09 AM] The pattern of an on-chain metric may suggest that Bitcoin could see more downside ahead before a rebound is found. Bitcoin STH SOPR Hasn’t Hit The Bottom Zone Yet An analyst in a CryptoQuant Quicktake post explained that the BTC short-term…
[Sep 7, 2023 6:37 AM] Ethereum continued to trade around a key price floor of $1,630 on Thursday, as price uncertainty in the market remained high. Volatility has slowed in recent days, leading to crypto prices mostly trending sideways. Bitcoin fell below a support…
[Sep 7, 2023 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Sep 7, 2023 5:50 AM] Bitcoin has the fuel to claw back some lost ground by the end of the year, but hodlers should be prepared for BTC price local lows first, says the Decentrader co-founder.
[Sep 7, 2023 1:30 AM] In its new monthly report titled “The Bitcoin Monthly: Bitcoin Battles Resistance Around Its On-Chain Mean”, Ark Invest has provided an exhaustive analysis of the current market landscape. The report categorizes its findings into…
[Sep 6, 2023 11:30 PM] In mid-August, Bitmain revealed its intention to launch a new Antminer featuring an efficiency rating of 1X joules per terahash (J/TH). Three days after this disclosure, Canaan also announced plans to unveil a novel product but with little details…
[Sep 6, 2023 10:53 PM] “The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” said analysts from Berenberg Capital.
[Sep 6, 2023 8:48 PM] Bitcoin price is still consolidating above $25,500. BTC might attempt an upside correction, but upsides might be limited above the $26,200 resistance. Bitcoin is still trading in a range above the $25,500 support zone. The price is trading below…
[Sep 6, 2023 3:30 PM] This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd…
[Sep 6, 2023 2:30 PM] The possibility of a Bitcoin spot Exchange Traded Fund (ETF) launching in the US, which has gained much attention over the past months, has again made headlines due to Bloomberg ETF analyst Eric Balchunas’s recent suggestions. According to…
[Sep 6, 2023 1:30 PM] Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its findings on Grayscale’s Bitcoin Trust onchain holdings. This revelation comes just six days after Arkham shed light on the fund manager’s onchain ethereum…
[Sep 6, 2023 12:00 PM] On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height…
[Sep 6, 2023 10:55 AM] In a long-anticipated move, Bloomberg Tax reported that the Financial Accounting Standards Board (FASB) is set to introduce new fair value accounting rules for Bitcoin and other cryptocurrencies. These new rules aim to provide a more accurate…
[Sep 6, 2023 10:30 AM] Despite bitcoin’s (BTC) price dipping 6.4% this week and hovering below the $26K mark, a flurry of activity was noted between September 5th and 6th as several substantial ‘sleeping bitcoins’ stirred. After a lull of slightly…
[Sep 6, 2023 10:00 AM] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio is nearing a retest that could be crucial for the asset. Bitcoin MVRV Ratio Is Nearing In On The 1.2 Level As an analyst in a CryptoQuant Quicktake post explained, the 1.2…
[Sep 6, 2023 7:00 AM] On-chain data shows the divergence between the Bitcoin long-term holders and short-term holders has grown to record levels recently. Bitcoin Market Has Been Continuing Its Shift Towards HODLing As an analyst in a post on X explained, the gap…
[Sep 6, 2023 6:41 AM] Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter…
[Sep 6, 2023 6:04 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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