Bitcoin news

Bitcoin’s valuation metrics suggest the bull market is far from over and could be setting the stage for even further highs. With no signs of overvaluation typically seen at price peaks, analysts are eyeing a … Bitcoin’s metrics suggest bull market is far from overvaluedRead more

As Bitcoin trades near new highs, the level of financial literacy in the cryptocurrency community still leaves much to be desired, according to a new report. The crypto community’s financial literacy rate is estimated at … Crypto literacy at ‘dangerously low’ levels, new report warnsRead more

Bitcoin’s quest for $100,000 hit an impasse as sellers took control and pushed BTC price under $93,000. Margin traders sitting in long positions saw heavy losses as the total crypto market liquidations on the buy … Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profitRead more

Bitcoin (BTC) headed toward a “pivotal low” on Nov. 24 as manipulative traders sought to keep $100,000 out of reach. BTC/USD 1-hour chart. Source: TradingView Bitcoin faces stiff opposition around $100,000 Data showed BTC price … Bitcoin 'spoofing' drives BTC price to $97K amid record profit-takingRead more

Strategic Bitcoin reserve legislation is reportedly the subject of preliminary discussions among Texan lawmakers, according to nonprofit advocacy group, the Satoshi Action Fund (SAF). In a Nov. 21 talk at the North American Blockchain Summit … Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action FundRead more

United States Bitcoin (BTC) exchange-traded funds (ETFs) broke $100 billion in net assets for the first time on Nov. 21, according to data from Bloomberg Intelligence. Bitcoin has dominated the ETF landscape since spot BTC … US Bitcoin ETF assets break $100 billionRead more

United States Senator Cynthia Lummis’ plan to set up a strategic Bitcoin reserve won’t be enough to solve the country’s debt crisis, which has now swelled to $35 trillion, the president of the nonprofit think … Bitcoin reserve won’t solve US debt crisis: Think tank co-founderRead more

Bitcoin (BTC) saw swings near all-time highs on Nov. 19 as geopolitical tensions sparked risk-asset volatility. BTC/USD 1-hour chart. Source: TradingView BTC price analysis sees $94,000 liquidity hunt Data from Cointelegraph Markets Pro and TradingView … Bitcoin price analysis sees $94K swipe as ETF options launch arrivesRead more

Bitcoin (BTC) launches into a new week inches from fresh all-time highs after sealing its best-ever weekly close. Bitcoin traders see price discovery returning in the coming week while eyeing levels toward $80,000 as a … BTC price weekly close nears $90K — 5 Things to know in Bitcoin this weekRead more

Wyoming Senator Cynthia Lummis is advocating for the United States Treasury Department to convert a portion of its gold holdings into Bitcoin (BTC) to establish a Bitcoin strategic reserve. Lummis told Bloomberg that by converting … Senator Lummis says Treasury should convert gold for Bitcoin reserveRead more

MicroStrategy founder and Bitcoin bull Michael Saylor has ruled out the chances of Bitcoin retracing to $60,000 — a crucial price level for the majority of 2024. “I don’t think it is going to $60,000, … Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael SaylorRead more

The United States dollar rising to year-to-date highs has raised concerns about the sustainability of the current Bitcoin bull run, with a crypto analyst warning traders to be cautious about making overly speculative bets. “The … Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’Read more