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Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
23.6.2022
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35%...
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
Price analysis 6/22: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
22.6.2022
BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market
Tether Launches Stablecoin Pegged to the British Pound Sterling
22.6.2022
Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT....
Friday’s $2.25B Bitcoin options expiry might prove that $17.6K wasn’t BTC’s bottom
22.6.2022
Bulls bet on BTC prices above $60,000 for the June monthly options expiry, and now pro investors are going to pay a hefty price for being wrong
Bitcoin․com Exchange Market Insights Report for June 2022
22.6.2022
This is the June 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance Crypto markets continued on a downtrend as BTC and...
Coinbase Shares Slump With Crypto Prices as Binance.US Starts Zero-Fee BTC Trading
22.6.2022
Cryptocurrency prices resumed their slump, hurting Coinbase and other equities
First Mover Americas: BTC Holds $20K as Altcoins Retrace
22.6.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 22, 2022
Bitcoin price rises to $20.7K as Fed's Powell says more rate hikes 'appropriate'
22.6.2022
Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open
Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day
22.6.2022
Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Bitcoin Following two straight days of gains, BTC was lower on hump...
Bitcoin and Ethereum Struggle to Recover Further, Altcoins Dip
22.6.2022
Bitcoin price failed to stay above the USD 21,200 resistance zone and corrected below the USD 20,500 level. It is currently (12:48 PM UTC) trading near USD 20,200 and is down 4% in a day and almost 8% in a week.
Similarly, most major altcoins are also moving lower. ETH declined below USD 1,120...
Bitcoin price wicks below $20K as whales send 50K BTC to exchanges
22.6.2022
Bitcoin bulls lose their grip as BTC price action remains firmly below a key long-term trendline
Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’
22.6.2022
In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human...
Bitcoin Nears USD 20K, Ethereum Below USD 1.1K, WAVES Rallies, CEL Dumps
22.6.2022
Bitcoin price was able to recover above the USD 21,200 resistance zone but failed to stay in the positive zone and declined below USD 21,000. It is currently (04:04 UTC) trading above USD 20,300, with a risk of a downside break. BTC is down over 1% in a day and almost 9% in a week. ...
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Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’
22.6.2022
For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price...
'Enormous Outflows' From Largest Bitcoin ETF May Have Triggered BTC Crash
21.6.2022
The Canadian Purpose Bitcoin ETF lost half of its assets last Friday before bitcoin crashed, leading to ProShares’ futures-based BITO taking over the top spot as the largest bitcoin-focused ETF by assets, Arcane said in a note
First Mover Americas: Altcoins Lead as BTC Struggles to Stay Above $21K
21.6.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 15, 2022
Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
21.6.2022
Crypto markets make the most of respite after BTC price action bounces from its lowest since November 2020
Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks
21.6.2022
Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive...
Bitcoin Rose From $18,700 Level; Will BTC Cross $30K?
21.6.2022
Ever wondered why major cryptocurrencies are often tied with the performance of Bitcoin in general. While not all of them are pegged with BTC, it showcases buyers the comparative performance of a market leader with other crypto performers. BTC price action today is severely impacted by whales...