btc news

Is Bitcoin’s bull run over? This crypto analyst doesn't think so. Bitcoin’s (BTC) price has declined over the past day or so, falling from highs above $60,000 to below $50,000. That, however, does not necessarily mean the asset’s bull run is over, according to a well-known crypto analyst, PlanB...

Fears of regulatory moves come as a brief hash rate crash from a Chinese power blackout already begins to rebound. Bitcoin (BTC) fell to sudden lows of $52,000 on April 18 in a timely reminder of how price action often follows hash rate. BTC/USD 1-hour candle chart (Bitstamp). Source...

Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly. For the very first time in a Bitcoin (BTC) bull market, not only long-term investors but also short-term speculators...

No signs of selling as miners hoard their earnings and institutions keep piling into the latest Bitcoin exposure products to hit the market. Bitcoin (BTC) is looking shaky at the start of a new week as $60,000 remains out of reach — could anything change in the coming days? After an average...

A flash crash on short timeframes for BTC/USD induces panic among long traders, but for analysts, it's business as usual. Bitcoin (BTC) fell over $2,000 in five minutes on March 31 as a wave of volatility disrupted an otherwise calm market. BTC/USD 1-minute candle chart (Bitstamp). Source...

With institutions demanding protection from inflation and dollar depreciation, historical trends could see BTC/USD 8X from current prices, says Bloomberg Intelligence. Bitcoin (BTC) still gets criticized for being too volatile, but one Bloomberg analyst believes that it conversely is becoming a...

Crypto analytics firm Glassnode has spotted several indicators suggesting Bitcoin's bulls could be slowing down. Analytics provider Glassnode is reporting that current on-chain indicators suggest the Bitcoin bull market may be entering into its later stages. In its March 22 Week on Chain...

While Bitcoin is up 900% in the last 12 months, shares in the four largest publicly-traded mining firms are up 5,000% over the same period. Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months...

Bitcoin is very close to new all-time highs once again, but the final hurdle may take some time to overcome. Bitcoin’s (BTC) price has so far failed to make new all-time highs above $60,000 this week. After the breakout above $58,000, negative news from India along with general macroeconomic...

Bank of America strategists have estimated that it takes in-flows of just $93 million to move Bitcoin’s price by one percent. The now infamous Bank of America research note slamming Bitcoin also contains research suggesting that it takes just $93 million worth of inflows to move Bitcoin’s price...

It looks like 2017 called and wants its Bitcoin condemnation back, with a Bank of America analyst reheating some long standing criticisms of BTC for its clients. Bank of America analyst Francisco Blanch has slammed Bitcoin as "exceptionally volatile", "impractical" and an environmentally...

The price of Ether saw gains in its BTC pair on Monday as Bitcoin price dropped below $60,000. Bitcoin’s (BTC) price made another new all-time high above $60,000 over the weekend. However, the same cannot be said for Ether (ETH), and the market in general didn’t show much strength thereafter for...

Traders are racing to speculate on Bitcoin in the derivatives markets, with open interest in BTC futures approaching $20 billion for the first time. With BTC again edging toward all-time highs, a large volume of money is flowing into the Bitcoin derivatives markets. According to crypto market...

Bitcoin reaches $51,000 as the U.S. Senate greenlights $1,400 "stimmy" checks for Americans. The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9 trillion stimulus bill, which is roughly two times larger than the market capitalization of...

Bitcoin's CAGR is unprecedented in the history of finance, data shows, as MicroStrategy gives gold ten years before it's consumed by cryptocurrency. Bitcoin (BTC) has delivered returns which are “unheard of” in history and ultimately leaves Tesla stock in the dust. That’s according to fresh...

Critics of the digital currency have visions of the future every bit as silly as maximalist's. Not everyone is excited about hyperbitcoinization. According to a popular copy/paste meme, Bitcoin hodlers are set to become a neo-aristocracy as Bitcoin becomes the dominant world currency: The...

Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows. Grayscale Bitcoin Trust ($GBTC) is currently the largest listed cryptocurrency asset with $30.17 billion in assets under...

CEO Michael Saylor said the firm doesn't intend to slow down the rate of its Bitcoin acquisitions after buying another $1 billion worth of BTC. Business intelligence firm MicroStrategy increased its Bitcoin (BTC) holdings by 27% on Wednesday after purchasing an additional 19,452 coins, taking...

The Feb. 23 crypto market flash-crash liquidated more than $24 million worth of DeFi loans. with Compound users representing more than half of the margin calls. The Feb. 23 crypto crash has sparked the second-largest volume of DeFi liquidations in the sector’s history, with more than $24.1...

With a charity and some slapdash art theory as a cover, a copycat makes off with 512 ETH in NFT sales. As the Crypto Twitter community debates the fair value of Cryptopunks and other NFTs rising to sky-high valuations, there’s at least one clear sign of the digital collectibles market growing...