A popular cryptocurrency analyst doubts that Bitcoin dominance will return to the levels it reached in December 2020, before the asset’s price surged approximately 220% within three months. “I don’t think it is going back … Crypto analyst doubts Bitcoin dominance is 'going back up' to 70% againRead more
There’s one leading indicator to show whether there’s institutional interest in Bitcoin at its current price, and it’s not looking good right now, according to a crypto analyst. The seven-day minting ratio — a key … Institutions not so interested in Bitcoin at $58K, metric showsRead more
The Indian government revealed no immediate plans to regulate the sales and purchase of cryptocurrencies as it continues to tighten oversight on crypto-related money laundering and terror financing. During a parliamentary meeting on Aug. 5, … India has no plans to regulate crypto sales and purchasesRead more
Since the April 20 Bitcoin halving, Bitcoin (BTC) price has been consolidating in a wide range that extends from $58,000 to $72,000. However, according to technical chart patterns and various indicators, Bitcoin price could be … How long will Bitcoin’s price consolidation last?Read more
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
Cryptocurrency exchange Coinbase is doubling down on its support of global spot Bitcoin exchange-traded funds (ETF), becoming a custody partner for a Bitcoin ETF in Australia. Australia’s DigitalX, the issuer of the spot Bitcoin ETF … Coinbase provides custody for DigitalX’s new Australian Bitcoin ETFRead more
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
United States President Joe Biden’s exit from the presidential elections helped Bitcoin’s price stage a brief recovery despite creating additional market uncertainty. On July 21, Biden announced that he was dropping out of the United States … Why Biden’s exit from the elections briefly pushed Bitcoin price to $68KRead more
The European Union Agency for Law Enforcement Cooperation (Europol) expects a rise in the number of artificial intelligence-assisted cybercrimes, as revealed in its yearly analysis of the latest cyber threats in the EU. In its … Europol anticipates rise in AI-driven cybercrime: ReportRead more
Bitcoin aimed for $68,000 at the July 22 Wall Street open as a Chinese interest rate cut added to bullish crypto catalysts. BTC/USD 1-hour chart. Source: TradingView China enacts “unexpected” rate cuts Data showed Bitcoin (BTC) price … Bitcoin trader sees 2 months to all-time high as China cuts key ratesRead more
Bitcoin whales are easing off their selling pressure as Bitcoin continues to gain strength over the past seven days, holding above $67,000. “Bitcoin large sellers are exhausted and valuation metrics suggest positive momentum,” CryptoQuant head … Bitcoin large sellers 'exhausted' as $67K price holdsRead more
Bitcoin long-term holders are refusing to sell in the current BTC price cycle’s “deepest correction.” In the latest edition of its weekly newsletter, The Week Onchain, crypto analytics firm Glassnode delivered good news on Bitcoin … Bitcoin speculators hodl 2.8M BTC in ‘worst performing’ price cycleRead more
Bitcoin inflows could see an increase this week following a key monetary policy decision in the European Union. The European Central Bank (ECB) is expected to cut interest rates by 0.25% to 4.25% on June … Why Bitcoin may be boosted by a European Central Bank rate cutRead more