Bitcoin Breaks Out Above $68K as SOL's 7% Gain Leads Crypto Rally
[May 20, 2024 11:42 AM] Inflows into the spot bitcoin ETFs restarted in a big way last week as the price rallied from near the $60K level.
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62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
[May 20, 2024 11:34 AM] According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale…
Price analysis 5/20: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
[May 20, 2024 11:25 AM] Bitcoin price is chasing after its all-time high and altcoins appear ready to follow.
Bitcoin Whales Are Not Selling, BTC Has Strong Support Above $60,000
[May 20, 2024 11:00 AM] Bitcoin is rising, recently breaking above $67,000, and heading towards the all-important $70,000, a psychological round number. One analyst took to X amid this uptick, noting that whales holding over 1,000 BTC are not moving their coins to…
The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets
[May 20, 2024 9:40 AM] This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights…
Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price
[May 20, 2024 9:00 AM] The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors selling. This time around, it is the small-time traders who are offloading their bags and putting selling…
Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity
Grayscale Leadership Change: Sonnenshein Steps Down — Goldman Sachs’ Peter Mintzberg Appointed New CEO
[May 20, 2024 7:45 AM] Crypto asset manager Grayscale Investments has appointed Peter Mintzberg as CEO, effective August 15, 2024. Mintzberg, currently Global Head of Strategy for Asset and Wealth Management at Goldman Sachs, will also join Grayscale’s Board of…
First Mover Americas: BTC, ETH Little Changed Ahead of Ether ETF Decision
[May 20, 2024 6:09 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Rally Incoming: This Major BTC Metric Just Turned Bullish Once Again
[May 20, 2024 5:30 AM] A crucial Bitcoin metric has just turned bullish, sparking optimism from a crypto analyst regarding an impending rally for Bitcoin. This unique technical pattern suggests that the world’s largest cryptocurrency could see its price ascending…
Veteran Trader Peter Brandt Says Peter Schiff Criticizes Bitcoin to Attract Attention, Increase Following
[May 20, 2024 3:42 AM] Veteran trader Peter Brandt has accused economist and gold advocate Peter Schiff of leveraging his criticisms of bitcoin to garner attention and increase his social media following. However, Schiff countered, asserting that he is simply offering…
Bitcoin rally above $67.5K could spark new record highs, says 10x Research
[May 20, 2024 2:47 AM] Bitcoin could be on the brink of a rally to new record highs, but it still has one significant resistance to overcome, according to Markus Thielen.
4 Key Reasons Why The Bitcoin Bull Run Is Far From Over
[May 20, 2024 2:15 AM] In an analysis shared via X, renowned crypto analyst Ted (@tedtalksmacro) has provided compelling evidence to support his assertion that the current Bitcoin bull run is far from over. Ted’s insights are based on four critical indicators related to…
ETFs buy 3X new BTC supply — 5 Things to know in Bitcoin this week
[May 20, 2024 1:18 AM] Bitcoin is facing renewed calls for a supply shock as exchange reserves hit seven-year lows, and BTC price action focuses on final resistance.
Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom
[May 20, 2024 1:02 AM] The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.
Research Firm Favors Bitcoin 'Covered Strangle' Strategy to Enhance Portfolio Yield by 17%
[May 20, 2024 12:33 AM] Our favorite strategy is to buy Bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry, 10x research said in a note.
Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices
[May 19, 2024 11:35 PM] The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S. cryptocurrency markets. Coinbase stated: “Macro continues to be a key driver for crypto performance, though we…
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now
[May 19, 2024 5:15 PM] Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin…
Bitcoin bulls take charge as SOL, AR, GRT and FTM flash bullish signs
[May 19, 2024 1:13 PM] Bitcoin is hogging all the limelight, but SOL, AR, GRT and FTM are also trying to move higher.
Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
[May 19, 2024 10:38 AM] The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the…
Bitcoin Boom: Price Explodes Past $67,000 As Investor Confidence Returns
[May 19, 2024 9:00 AM] The cryptocurrency market has been shaken by turbulence over the past year, but Bitcoin is now staging a remarkable comeback, breaking past the $67,000 mark for the first time since late 2023. This unexpected surge has electrified the Bitcoin…
Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC
[May 19, 2024 7:45 AM] Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 0.10754671 BTC, valued at $7,211, to the wallet. The current value of the wallet, which has never been spent…
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
[May 19, 2024 3:34 AM] The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 2018, claimed to offer…
Bitcoin clings to $67K but analysis warns of 10% BTC price drop next
[May 19, 2024 3:18 AM] Bitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very different for BTC price action.
Why Altcoins Are The Best Investment For Now – Analyst
[May 19, 2024 1:39 AM] Popular crypto analyst Michaël van de Poppe continues to back altcoins to put up a spectacular bullish performance in the coming months. In a new X post on Saturday, the veteran analyst takes a deeper dive explaining the reasons behind his advocacy…
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
[May 18, 2024 11:36 PM] The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles…
US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network
[May 18, 2024 9:37 PM] An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international crypto investment scam, often known as…
Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says
[May 18, 2024 7:36 PM] Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away…