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Bitcoin Will Probably Retest $25K But Bears Beware, On-chain Indicators Suggest BTC Price in Early-Stage Bull Market
11.5.2023
Bitcoin (BTC)’s short-term technical outlook is not looking good.
The world’s first and largest cryptocurrency by market capitalization has now pulled more than 13% lower versus the yearly highs it printed back in April to the north of the $31,000 level.
In doing so, it has fallen convincingly...
Smart Contracts Have Arrived on the Bitcoin Blockchain – Will BTC Become a DeFi Powerhouse?
11.5.2023
A new era has begun for the Bitcoin blockchain.
Last week, a group of developers deployed a suite of Uniswap smart contracts directly onto the Bitcoin blockchain.
Uniswap is a decentralized cryptocurrency exchange (DEX) that operates on multiple smart contract-enabled blockchains like Ethereum...
BTC price risks $27K loss as Bitcoin trend lines brew 'bullish cross'
11.5.2023
BTC price action offers little relief to Bitcoin bulls despite U.S. macro data releases showing inflation subsiding
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data
11.5.2023
Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the data, falling below $27,000. Bitcoin Bitcoin (BTC)...
Bitcoin bears need BTC price to go below $27K ahead of Friday's $900M options expiry
11.5.2023
Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday's expiry
Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq
11.5.2023
Long-term holder wallets are witnessing net accumulation at the fastest pace since October 2021
Bitcoin fees plummet 95% as BTC price recovers from US gov't scare
11.5.2023
Bitcoin was not subject to U.S. government selling this week, analysis shows, but BTC price action remains pressured
Bitcoin Price Prediction as Bulls Keep BTC Above $27,000 Support – What is the Next BTC Target?
11.5.2023
The Bitcoin market has recently shown notable resilience, with bulls successfully maintaining the price above the crucial $27,000 support level.
This development has sparked renewed curiosity and speculation among investors, traders, and analysts alike, leading to the inevitable question: What's...
Grayscale Seeks ETF Expansion Amid Ongoing Legal Battle over Spot Bitcoin Fund
11.5.2023
In a sign of dedication to its efforts to launch a spot Bitcoin Exchange Traded Fund (ETF) in the US, Grayscale Investments is trying a new approach.
The digital asset manager, currently the world’s largest, announced on Wednesday the formation of a new trust, Grayscale Funds Trust.
The...
Bitcoin Price Prediction as US Inflation Rate Data is Announced – Will BTC Start Moving Up Now?
10.5.2023
As the US inflation rate data has been released, the crypto community is eagerly awaiting the impact on the Bitcoin market.
With the current state of the global economy, investors have turned to Bitcoin as a hedge against inflation.
The announcement of the inflation rate is expected to have...
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
10.5.2023
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external...
What the Latest US Inflation Numbers Mean for the Bitcoin (BTC) Price
10.5.2023
The latest US Consumer Price Index (CPI) inflation numbers were just released and Bitcoin (BTC), which rallied at the time to hit session highs in the $28,300s, seemed to like it.
According to the latest CPI report, headline inflation fell to 4.9% YoY in April, its first sub-5.0% reading in over...
Price analysis 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
10.5.2023
Bitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release but bulls may find it difficult to continue the recovery at higher levels
Bitcoin cracks $28K on CPI amid warning US inflation 'highly elevated'
10.5.2023
Bitcoin joins altcoins in reacting strongly to CPI data coming in below estimates, with BTC price clawing back ground toward $30,000
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report
10.5.2023
Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain at 5%, which could be seen as justifying the Federal Reserve’s decision to hike rates last week....
Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
10.5.2023
Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months
Bitcoin ‘under siege’ by BRC-20 coins with soaring fees, claims analyst
10.5.2023
Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain
Bitcoin Network in Flux as BRC-20 Craze Sends Transaction Fees Towards Multi-Year Highs – What Next for BTC Price?
9.5.2023
The Bitcoin network is in flux amid a surge in the popularity of BRC-20 tokens, a new Bitcoin blockchain-based fungible token standard inspired by the Ethereum blockchain’s ecosystem of ERC-20 tokens.
The BRC-20 standard, which was developed and deployed by a pseudonymous Twitter user by the name...
Bitcoin Price Prediction as US Core Inflation Rate is Announced – Where is BTC Going Next?
9.5.2023
The decision made by Binance, the largest cryptocurrency exchange in the world, to suspend bitcoin withdrawals due to high volumes and increased processing fees has created anxiety among traders and raised doubts about the future direction of Bitcoin's price.
Despite the halt, the decrease...
Bitcoin traders offer downside targets as BTC price risks sub-$25K dip
9.5.2023
It's increasingly hard to find a bullish voice when it comes to short-term BTC price action