The Great Bitcoin Reversal? Prominent Bull Throws In The Towel As $28,000 Barrier Falls

Since mid-July, Bitcoin (BTC), the flagship cryptocurrency, has encountered significant challenges in its price action following a remarkable climb to a new yearly high. However, in a matter of days, ...

Bitcoin at $28.5K: Unpacking the significance of tight Bollinger Bands

On Aug. 17, Bitcoin’s price dropped below the $29,000 mark, settling around $28,500. While this decline might seem insignificant given Bitcoin’s historically volatile nature, the context of its recent...

Bitcoin could go higher but ‘not before it goes lower’

Rob Ginsberg says Bitcoin could go further down in the near-term. The Wolfe Research analyst explained why in a research note today. Bitcoin (BTC) has already lost more than 11% in about a month. Bitc...

Why Polygon Users are Switching to Bitcoin Spark: An Analysis

As innovations enter the fast-paced crypto arena, preferences and choices quickly shift as users explore new features. Polygon users are trooping into Bitcoin Spark, raising curiosity and questions ab...

Grayscale wants to hire a senior Bitcoin ETF expert

Grayscale Investments, the top asset management subsidiary of the Digital Currency Group (DCG) has put out a job advert as it seeks to onboard a Senior ETF Associate. Intrigues Behind the Grayscale ET...

CME Group Floats BTC and ETH Reference Rates in APAC

This strategic collaboration aims to provide market participants with accurate and timely pricing information, fostering greater transparency and confidence in the evolving digital asset space. The wo...

Bitcoin’s Tipping Point? Prominent Trader Peter Brandt Highlights Key Level

Alex Dovbnya With the cryptocurrency teetering just above a crucial August low of $28,574, top traders are rife with speculation In a recent tweet, renowned trader Peter Brandt has drawn attention to ...

Bitcoin Price Analysis: Bears Targeting 27466

BTC/USD Bears Target 27466 on Downside:  Sally Ho’s Technical Analysis – 18 August 2023 Bitcoin (BTC/USD) extended its recent weak performance early in the Asian session as the pair remained on the de...

Imminent Approval Of First U.S. Spot Bitcoin ETF? Grayscale Beefs Up Team As SEC Lawsuit Ruling Looms ⋆ ZyCrypto

Advertisement &nbsp &nbsp Grayscale Investments revealed on Thursday that its ETF team is expanding as it nears the tail end of its lawsuit with the U.S. Securities and Exchange Commission (SE...

Will Bitcoin Volatility Continue? These Metrics Say Yes

Bitcoin has observed some sharp price action today, and if data of these metrics is to go by, the asset may not be done being volatile just yet. Bitcoin’s Open Interest And Leverage Ratio Have Remaine...

Fundstrat’s Tom Lee Predicts Bitcoin Price Will Surge to $150,000 if This Happens

Alex Dovbnya Permabull Tom Lee has shared yet another uber-bullish Bitcoin price prediction On CNBC’s “Squawk Box,” Tom Lee, co-founder of Fundstrat, charted the potential path ahead...

Are Bitcoin ETFs Sell-The-News Events? BTC Down $1.5K Since Europe’s First Spot One

Europe saw the launch of the first spot Bitcoin ETF on Tuesday, but it turned out to be a sell-the-news moment since the cryptocurrency’s price plummeted in the following days to multi-month lows. Int...

BTC, ETH pave the way as short positions surge

Long positions have seen over $36 million in liquidations compared to around $6 million for short positions. The crypto market has maintained its $1 trillion market cap despite the decline in crypto m...

Stablecoin issuer Tether no longer supports Bitcoin, other chains

Tether, one of the most renowned stablecoin providers, has announced the discontinuation of support for its flagship stablecoin, USDT, on the Bitcoin (BTC) blockchain, in an unexpected turn of events....

CNBC Contributor Says Bitcoin Could Spike More Than $150K If SEC Approves Spot Bitcoin ETF

Tom Lee hints at the possible outcome of a spot Bitcoin ETF approval in the United States, suggesting an increase above the $150 price level for Bitcoin. Tom Lee, Head of Research and contributor at C...

Bitcoin Faces A Weekly Double Top; This Needs To Happen

In a recent analysis of the Bitcoin price, seasoned crypto analyst Rekt Capital discussed the looming presence of a potential double top formation on the weekly chart. The scenario paints a picture of...

Bitcoin Uptrend Signals Positive Tidings for DigiToads Holders

As the trajectory of Bitcoin (BTC) takes a positive turn, it sets the stage for promising prospects for holders of DigiToads (TOADS). Bitcoin’s recent uptrend is often considered a barometer for the b...

Why Bitcoin hash rate just hit an all-time high

Quick Take Bitcoin’s hash rate, a vital determinant of the network’s security and processing capability, has reached a milestone, surpassing 400 trillion hashes per second (Th/s) for the first time. T...

Bitcoin and Ethereum Are Now Less Volatile Than Oil: Kaiko Research

Notorious for their steep ups and downs, leading cryptocurrencies Bitcoin and Ethereum appear to be taking a summer pause. Now, even oil has overtaken these digital assets, overtaking the two in volat...

Bitcoin price below $28k- analyst says BTC on “knife’s edge”

Bitcoin price fell to lows of $27,740 across major exchanges on Thursday, the lowest since June. Stocks have also slipped after the latest Fed meeting. Meanwhile, real yields have jumped to recent hig...

Bitcoin Prices Tumble Below $29,000 on Interest Rate Worries. How Far Can It Fall?

Text size Bitcoin, after weeks of inaction, finally was moving. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies were falling Thursday, finally making significant moves after weeks of inact...

Analyst Tips Bitcoin to Surge Past $150K on One Condition |

The approval of spot Bitcoin ETFs is expected to tip Bitcoin’s supply-demand dynamics in the direction of a significant price surge. The price of Bitcoin (BTC) may have slipped below $29,000, but that...

Bitcoin mining researchers claim new tech ups winning hash chance by 260%

Quantum Blockchain Technologies (QBT) — a research company based in the United Kingdom — has developed artificial intelligence (AI)-powered algorithms that could significantly increase the mining winn...

Analyst Issues Bitcoin Warning, Says Crypto Could Face ‘Soul Crushing’ Plunge – Here’s Why

A widely followed crypto trader just issued a warning to Bitcoin (BTC) bulls as the flagship crypto asset remains below a key resistance level. Pseudonymous analyst Bluntz tells his 224,000 followers ...

Peter Brandt Warns of Bitcoin Bear Trap as BTC Dumps $1K Daily

Bitcoin is currently undergoing a period of record low volatility. However, the asset appears to be a “challenging multi-contact point trendline” that can be traced to its lowest point in 2023. This c...

Bitcoin, Ethereum Dip After Fed Hints at More Rate Hikes

Bitcoin slipped below $29,000 early Thursday alongside stocks after the U.S. Federal Reserve suggested maintaining its hawkish stance in the meeting minutes released on August 16. Bitcoin dropped by 2...

Crypto Analyst Sees Positive News for Bitcoin (BTC) Traders Despite Market-Wide Drop

A widely followed crypto trader is maintaining a positive sentiment on Bitcoin (BTC) despite the king crypto being down 3.6% in the last 24 hours. Amid the market-wide crypto price drop, trader Michaë...

Bullish Bitcoin ETF Approval? Grayscale Seeks To Expand Team

A spot Bitcoin ETF (Exchange Traded Fund) might be imminent in the United States, as a new job offer from Grayscale suggested. The US Securities and Exchange Commission (SEC) was expected to issue a d...

Bitcoin Bows to Inflation Pressure in the US, Plunges Below $29k

Bitcoin is nowhere close to an immediate recovery now that declines have started a new phase below $29,000. Its trading volume soared to $16 billion on Thursday, but largely due to a bearish wave swee...

CME Group to launch BTC, ETH reference rates aimed at Asia’s investors

Derivatives marketplace CME Group is launching Bitcoin (BTC) and Ether (ETH) reference rates for the Asia Pacific region, in another sign of growing institutional interest in crypto from Asia. On Aug....

Ethereum’s ETF Ascent Amidst Institutional Interest: Bitcoin World Report

As the financial world fixates on the potential approval of a Bitcoin ETF by the SEC, Ethereum is positioning itself to capitalize on the expanding landscape of investment opportunities. In a notable ...

Bitcoin and Ethereum Now Less Volatile Than Oil

Alex Dovbnya In market shakeup, Bitcoin and Ethereum now show less volatility than oil and even gold Bitcoin (BTC) and Ethereum (ETH), the two biggest cryptocurrencies by total market capitalization, ...