Bitcoin can beat its imminent “death cross” if it flips $62,000 to support, the latest analysis says. In a dedicated X thread on Aug. 9, popular trader Benjamin Cowen used history to suggest how bulls might … Bitcoin price must flip $62K to avoid worst ‘death cross’ consequencesRead more
btcnews
Metaplanet secures 1B yen loan to buy more Bitcoin
Japanese investment firm Metaplanet has just resolved to secure a $6.8 million loan (1 billion Japanese yen) from one of its shareholders to buy more Bitcoin. The loan from MMXX Ventures — a Metaplanet shareholder … Metaplanet secures 1B yen loan to buy more BitcoinRead more
BTC price slumps to $62K as Bitcoin bulls bet on M2 money supply
Bitcoin (BTC) sought to reclaim $62,000 on Aug. 3 as markets inched higher after a fresh liquidation cascade. BTC/USD 4-hour chart. Source: TradingView BTC price tests $60,000 in stocks sell-off Data showed a 3% BTC price … BTC price slumps to $62K as Bitcoin bulls bet on M2 money supplyRead more
Bitcoin trader eyes $60K next as bears force fresh BTC price rejection
Bitcoin (BTC) stayed lower into the July 30 Asia trading session after a swift rejection at resistance sparked a $4,000 BTC price drop. BTC/USD 1-hour chart. Source: TradingView BTC price fails to clinch key support … Bitcoin trader eyes $60K next as bears force fresh BTC price rejectionRead more
Bitcoin Beach co-founder claims Bitcoiners want to move families to El Salvador
Roman Martinez, one of the co-founders of the Bitcoin Beach zone in El Salvador, claimed that “a lot of Bitcoiners” are considering the country as a place to resettle in response to international regulatory crackdowns … Bitcoin Beach co-founder claims Bitcoiners want to move families to El SalvadorRead more
RFK Jr. promises BTC strategic reserve, dollar backed by hard assets
Independent presidential candidate Robert F. Kennedy Jr. praised the role Bitcoin could play in improving the US economy and the American way of life as he spoke to an audience at the Bitcoin2024 event on … RFK Jr. promises BTC strategic reserve, dollar backed by hard assetsRead more
Crypto market faces structural weakness: Binance report
The cryptocurrency market has experienced considerable turbulence over the past few months. Despite a recent upturn, the market capitalization is still down 14% from its peak in March. According to a Binance Research report, June … Crypto market faces structural weakness: Binance reportRead more
Bitcoin price sheds 3% as $6B leaves Mt. Gox cold wallet
Bitcoin (BTC) shed over 3% on July 16 as what analysis called “FUD” involving defunct exchange Mt. Gox resurfaced. BTC/USD 1-hour chart. Source: TradingView Mt. Gox Bitcoin outflows send price below $6,000 Data showed BTC price … Bitcoin price sheds 3% as $6B leaves Mt. Gox cold walletRead more
Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K
Bitcoin traded above $60,000 on July 14 as an assassination attempt on United States presidential candidate Donald Trump sparked BTC price volatility. BTC/USD 1-hour chart. Source: TradingView BTC price spikes above $60,400 Data tracked a crypto … Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4KRead more
Spot Bitcoin ETFs see highest flow day in over 5 weeks
United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund … Spot Bitcoin ETFs see highest flow day in over 5 weeksRead more
Bitcoin traders hope bottom is in after BTC price bounces 9% from lows
Bitcoin (BTC) circled $57,000 into the July 7 weekly close as markets sprang back from “tremendous downside deviation.” BTC/USD 1-hour chart. Source: TradingView Trader sees “positive signs” from BTC price daily closes Data showed BTC price … Bitcoin traders hope bottom is in after BTC price bounces 9% from lowsRead more
Bitcoin mining difficulty hits lowest level since March as price tops $57K
Bitcoin mining difficulty dropped by more than 5% on July 5 to a quarterly low of 79.50 terahashes (79.5T). This marked the largest reduction since March when the difficulty briefly dipped below 80T. Difficulty spiked … Bitcoin mining difficulty hits lowest level since March as price tops $57KRead more
Argentina aims to learn from El Salvador's Bitcoin success
The government of Argentina is working with El Salvador to learn from its experience of Bitcoin (BTC) adoption and other cryptocurrency activities. Argentina’s securities regulator, the National Securities Commission (CNV), held a meeting with El … Argentina aims to learn from El Salvador's Bitcoin successRead more