Bitcoin's Short-Term Holders Are Again Selling at Profit
[May 29, 2023 3:52 AM] Short-term holders' renewed profitability is a positive signal for near-term price action, according to on observer.
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Bitcoin Bulls Push BTC Back Up To $28K Level Amid Surging Address Activity
[May 29, 2023 1:45 AM] Bitcoin (BTC), the pioneer of cryptocurrencies, continues to captivate the financial world with its ever-evolving landscape. In recent developments, Bitcoin’s active addresses have witnessed a significant surge, soaring to a three-week high. …
Bitcoin Core 25.0 Hits The Market: A Sneak Peek Into The Future
[May 29, 2023 12:19 AM] Bitcoin Core has now rolled out Version 25.0. The most recent update includes numerous new features, bug fixes, performance enhancements, and translation updates. Bitcoin Core, the reference implementation of the Bitcoin (BTC) protocol, is…
Debt ceiling, bank crisis set for ‘powder keg’ explosion: BitMEX co-founder
[May 29, 2023 12:10 AM] Former BitMEX CEO Arthur Hayes believes it will cause significant volatility in Bitcoin as well, suggesting it won't likely reach a new all-time high this year.
Bitcoin Price Prints Bullish Technical Pattern, Why Close Above $28,500 Is Critical
[May 28, 2023 8:50 PM] Bitcoin price is up 4% and trading above $28,000. BTC must clear the $28,500 resistance zone to continue higher in the near term. Bitcoin is gaining pace above the $27,500 and $27,800 resistance levels. The price is trading above $28,000 and the…
First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal
[May 28, 2023 7:06 PM] ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next…
Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow
[May 28, 2023 4:25 PM] BTC and stocks look to rally after US lawmakers potentially reach a deal on the debt ceiling.
Dogecoin’s Transaction Surge Surpasses Bitcoin and Ethereum With 2 Million Transactions Settled in 24 Hours
[May 28, 2023 10:00 AM] The Dogecoin blockchain has witnessed a significant surge in transaction activity ever since the inception of DRC20 tokens. When compared to other prominent networks, Dogecoin has stood out with its substantial volume of processed transactions…
Biden, Republicans Strike Tentative Deal to Raise US Debt Ceiling
Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000 as Market Reacts to Latest US Personal Consumption Data
[May 27, 2023 6:30 AM] Bitcoin moved closer to the $27,000 level on Saturday, as markets continued to react to the latest Personal Consumption data from the United States. The key inflation index rose to 4.4% in April, higher than expectations of a drop to 3.9%. Ethereum…
Bitcoin holds 200-week average as trader says ‘inflection point’ is here
[May 27, 2023 6:29 AM] Bitcoin sentiment is overly bearish, some claim, with BTC price protecting a key moving average trend line.
Upcoming Interest Rate Hikes Could Be The Next Big Challenge For Bitcoin, Here’s Why
Will This Political Deal In The US Save Bitcoin and Crypto?
[May 26, 2023 3:00 PM] Politicians in the United States will likely strike a deal and raise the government’s $31.4 trillion debt ceiling for two more years. Amid this debate, the price of Bitcoin is firm but lower, tracking below the psychological $30,000 level as bulls…
Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
[May 26, 2023 11:52 AM] The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins.
JPMorgan Predicts Bitcoin (BTC) To Revisit $45,000, Here’s Why
[May 26, 2023 10:20 AM] In a recent note, JPMorgan strategists have made a prediction, suggesting that Bitcoin (BTC) could soar and revisit its former trading price of $45,000 due to the rising price of gold. This prediction comes amid Bitcoin’s price action of a…
Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets
[May 26, 2023 9:52 AM] Bitcoin decides that bad news is not bad enough as upside volatility accompanies proof that U.S. inflation remains sticky.
Bitcoin Exchange Inflows Mostly Coming From Loss Holders, Weak Hands Exiting?
[May 26, 2023 7:59 AM] On-chain data suggests a majority of the Bitcoin exchange inflows are currently coming from investors holding their coins at a loss. Bitcoin Exchange Inflow Volume Is Tending Towards Losses Right Now According to data from the on-chain analytics…
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,800, as Market Volatility Remains High
[May 26, 2023 6:37 AM] Ethereum was once again trading above the $1,800 level, after a brief breakout during Thursday’s session. Prices rose by as much as 2%, as optimism grew that the U.S. debt ceiling could be increased. Bitcoin also marginally climbed, moving…
First Mover Americas: Digital Currency Group Is Closing Down TradeBlock
[May 26, 2023 6:00 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin reaches 'decision point' — 4 BTC price metrics to watch
[May 26, 2023 3:20 AM] Bitcoin bulls are sitting on their hands, but need to combat short-term sellers rapidly losing profitability, Glassnode warns.
The Invisible Hand Restricting Bitcoin and Ether Price Swings
[May 26, 2023 12:58 AM] Hedging activity of market makers, who are always on the opposite of investors' trade, seems to have kept prices rangebound off late.
Bitcoin Price Struggles To Recover and Remains Vulnerable To Fresh Decline
[May 25, 2023 8:54 PM] Bitcoin price is struggling to recover above the $26,650 resistance. BTC might start another decline if it stays below the $26,650 resistance zone. Bitcoin is consolidating below the $26,600 and $26,650 resistance levels. The price is trading below…
First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers' Make Progress in Debt Limit Negotiations
[May 25, 2023 5:45 PM] ALSO: Graphics-chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining, but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology, which is rising in importance.
RGB protocol may offer solution to Bitcoin's Ordinals jam, claims proponent
[May 25, 2023 5:08 PM] The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals.
U.S. Presidential Candidate Ramaswamy Takes Potshot at DeSantis Bitcoin Remark
[May 25, 2023 3:19 PM] The largest cryptocurrency is suddenly a talking point in the 2024 race, after Florida Governor Ron DeSantis declared he would “protect the ability to do things like Bitcoin” during the launch of his campaign on Twitter on Wednesday.
Bitcoin Lingers Below $26.5 Amid Debt Ceiling Worries
[May 25, 2023 2:56 PM] Unemployment and productivity data arrived stronger than expected but investors seemed focused narrowly on the ongoing negotiations that will determine if the U.S. government has to default on its debts.
Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin
[May 25, 2023 11:30 AM] During a virtual discussion with Twitter’s proprietor Elon Musk on Wednesday, governor Ron DeSantis of Florida declared that he is throwing his hat into the ring for the presidency of the United States in 2024. DeSantis will confront the…
If Crypto Is the Future, Advisors Need to Embrace It Now
[May 25, 2023 11:26 AM] Skyrocketing debt, rising inflation and bank runs are contributing to an uncertain financial landscape. Crypto can help FAs navigate this future.
Bitcoin Bearish Signal: NUPL Finds Rejection At Long-Term Resistance
[May 25, 2023 11:00 AM] On-chain data shows the Bitcoin Net Unrealized Profit and Loss (NUPL) has found rejection at the long-term resistance zone recently. Bitcoin NUPL Has Observed Some Decline In Recent Days As explained by an analyst in a CryptoQuant post, the BTC…