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Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity
11.7.2023
BTC price soared on investors’ ETF hopes, but on-chain and derivatives metrics indicate a limited inflow of new investors
Bitget Brings AI Power to Grid Trading Strategies
11.7.2023
PRESS RELEASE. VICTORIA, Seychelles, July 11, 2023 – Bitget, top crypto derivatives and copy trading platform, has launched an AI-powered feature for its Grid Trading strategies. The new feature aims to make this sophisticated investment method more accessible for new crypto traders without...
A no-fail trade? Bitcoin traders who dollar cost average are profitable
10.7.2023
Investors who have dollar-cost-averaged into Bitcoin over time are profitable regardless of when they began implementing the strategy
Bitcoin, Ethereum Technical Analysis: BTC Remains Near $30,000, as Traders Prepare for Key US Economic Data
10.7.2023
After a recent slip, bitcoin moved back above $30,000 on Monday, ahead of a key week of U.S. economic data, with the headline being the inflation report. Inflation is expected to drop to 3.1% in June, which would be a nearly two-year low. Ethereum also slipped on Monday, remaining below $1,900....
Biggest Movers: BCH Price Plunges Following Recent 15-Month High
5.7.2023
Bitcoin cash was once again in the red on July 5, as traders continued to secure gains following a recent 15-month high. The token fell for a third straight session, whilst the overall global crypto market cap also slipped on Wednesday. Monero was another notable token to fall in today’s...
Bitcoin traders hope to 'buy the dip' as BTC price heads toward $30K
5.7.2023
BTC price action teases a slow comedown to support, with Bitcoin dip-buyers at the ready
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to Fresh 1-Year High Above $31,000
4.7.2023
Bitcoin moved back above the $31,000 level on July 4th, as U.S. traders celebrated the Independence Day holiday. As a result of the rally, the cryptocurrency remained near a one-year high in today’s session. Ethereum consolidated after Monday’s gains. Bitcoin Bitcoin (BTC) moved...
Bitcoin traders torn between breakout and $28K dip as BTC price stalls
3.7.2023
BTC price action keeps everyone guessing, while Bitcoin casually marks a major achievement on monthly timeframes
First Mover Americas: Traders Place Big Bets on Ether for Second Half of 2023
3.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Cash Futures Traders Lose Most in 2 Years as Prices Spike to $320
3.7.2023
South Korean trading volumes for the bitcoin offshoot token boomed last week, spurring a price spike last week
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,900, Hitting a 2-Month High to Start July
1.7.2023
Ethereum entered the month of July in the green, as price traded at a two-month high to start the weekend. Markets moved to rebound on Saturday, after better than expected consumer sentiment data in the United Stated spooked traders. Bitcoin also rebounded, after falling below $30,000 on Friday....
Biden Pledges to Eliminate Tax Loopholes for Crypto Traders — Vows to Make US Tax System Fair
30.6.2023
U.S. President Joe Biden has promised to make the federal tax system fair by eliminating loopholes for crypto traders and hedge fund managers. He aims to “achieve tax code fairness” by “ensuring that the burden is shared by the wealthy, super-wealthy, and large corporations while...
Bitcoin traders say BTC price will soon break beyond $31K yearly highs
29.6.2023
BTC price sideways trading is not dampening the optimism of Bitcoin traders prior to a giant options open interest expiry
Biggest Movers: SHIB, MATIC Fall 5% Lower on Wednesday, Hitting 1-Week Low
28.6.2023
Shiba inu was down by as much as 5% on Wednesday, as the meme coin slipped to a one-week low in today’s session. Market uncertainty has heightened in recent days, following the news that Prime Trust has been placed into receivership. Additionally, traders’ nerves increased ahead of Federal...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $31,000 Following Prime Trust Liquidation
28.6.2023
After briefly rising above $31,000, bitcoin consolidated on Wednesday, as bulls moved to secure recent gains. The uncertainty came as crypto custodian Prime Trust entered receivership, after being found to be illiquid by authorities. Ethereum also declined, once again falling below $1,900. Bitcoin...
Dubai Regulator Unveils Schedule of Fees for Virtual Asset-Related Activities
28.6.2023
The Dubai Virtual Asset Regulatory Authority (VARA) recently announced the schedule of fees “covering the issuance of no-objection certificates to proprietary traders, amendments or withdrawal of licence applications, and the submission of whitepapers for VARA review.” According...
Biggest Movers: BCH Hits 1-Year High, as EDX Markets Rally Intensifies
27.6.2023
Bitcoin cash rose to a one-year high on Tuesday, as traders continued to buy the token following last week’s EDX markets listing. The newly formed exchange, which is backed by the likes of Citadel, Sequoia Capital and Fidelity, listed the coin in its offering. Litecoin was another token...
Blur, Arbitrum Lead Altcoin Surge as Traders Anticipate Bull Run
27.6.2023
A series of decentralized finance and NFT-related altcoins have posted double-digit gains over the past week as capital begins to flow from larger assets like bitcoin (BTC) and ether (ETH) to more speculative bets like blur (BLUR) and arbitrum (ARB)
Biggest Movers: DOGE, SHIB Slip on Monday, as Traders Capture Recent Gains
26.6.2023
Dogecoin dropped by nearly 3% on Monday, as traders began to take profits following last week’s gains. Cryptocurrency largely consolidated to start the week, with the global market cap down 0.64% as of writing. Shiba inu was another coin to move lower today. Dogecoin (DOGE) Dogecoin (DOGE) was...
Bitcoin surfs $30K as traders hope US trading will boost BTC price
26.6.2023
BTC price performance goes sideways but Bitcoin bulls retain $30,000 as support after the weekly close