#bitcoin-price
#bitcoin-price

Bitcoin Sinks Below $58K, Crypto Market Drops 9% in Run-Up to Fed Decision

Bitcoin falls below $58,000, recording worst month since November 2022 amidst broader crypto market decline. [ more ]

ReadWrite

1 week ago

Samourai Wallet founders arrested, crypto market tumbles

The arrest of Samourai Wallet Bitcoin founders by the US DOJ led to a brief cryptocurrency market tumble and raised concerns in the crypto community. [ more ]

Coindesk

2 weeks ago

Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst

Bitcoin could drop to $50,000 in the short term due to market uncertainty [ more ]

ReadWrite

U.S. Government moves $2 billion in seized Bitcoin from Silk Road

U.S. government wallet transfers 30,175 BTC valued at $2 billion.

Bitcoin market impacted by government's Bitcoin movement. [ more ]

London Business News | Londonlovesbusiness.com

morecryptocurrency-market

Bitcoin price predictions and the secret of pre-halving whales

Bitcoin's price is consolidating ahead of the halving event.

Whales are actively moving significant amounts of Bitcoin, preparing for market shifts. [ more ]

bitcoin-etfs

ReadWrite

3 weeks ago

GBTC outflows drop significantly as Bitcoin price rebounds

Grayscale Bitcoin Trust (GBTC) outflows decreased significantly coinciding with Bitcoin price rebound post US inflation data. [ more ]

ReadWrite

Bitcoin Price Prediction - Is The Biggest Crash Of All Time Coming?

Bitcoin's price has risen 163% since October 2023, facing the potential to close seven consecutive green months if exceeding $61,157 in March.

ETFs linked to Bitcoin are experiencing significant outflows, signaling a shift in investor sentiment from record inflows to outflows. [ more ]

ReadWrite

Why did the Bitcoin price drop?

Bitcoin price dropped by 9% after reaching record high.

Profit-taking and upcoming halving are contributing to the Bitcoin price drop. [ more ]

London Business News | Londonlovesbusiness.com

Bitcoin market continues to show signs of strength

Bitcoin price shows strength above $48,000

Bitcoin ETFs reach $10 billion in assets under management [ more ]

Coindesk

Bitcoin Breaks Above $45K, Traders Predict a Possible $50K Push

Bitcoin (BTC) has surpassed $45,000 for the first time since the launch of spot ETFs on Jan. 11.

LMAX Digital expects BTC to potentially reach $50,000 as it has broken out of a range. [ more ]

Coindesk

Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day

The price of bitcoin fell 4.5% to its lowest in a month at $40,800.

New spot bitcoin ETFs have added over 68,000 bitcoin in their first week, while Grayscale's GBTC has shed 40,000 bitcoin. [ more ]

Coindesk

Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide

Argo Blockchain (ARB), the only U.K.-listed cryptocurrency miner, slumped to a full-year loss in 2022 as the price of bitcoin fell and mining difficulty increased, driving up costs.The London-based company reported a net loss of 194.2 million British pounds ($240 million) compared with net income of 30.8 million pounds the year before, it said in a statement.

Coindesk

Bitcoin Market Impact From Mt. Gox Repayments Will Be Limited: Matrixport

Featured Speaker Alex Thorn

Head of Firmwide Research Galaxy

Hear Alex Thorn share his take on "Bitcoin and Inflation: It's Complicated" at Consensus 2023.Bitcoin (BTC) slid 8% during the U.S. afternoon Wednesday on rumors that wallets tied to defunct crypto exchange Mt.Gox and the U.S. government are making transactions, crypto-services provider Matrixport said in a report Thursday.

news.bitcoin.com

Business

Interest in Russian Crypto Channels on Telegram Declining, Analysis Shows Bitcoin News

Russians have been losing interest in Telegram channels devoted to cryptocurrencies and tokens, according to a new research covering the period since the start of the war in Ukraine.

the Guardian

When bitcoin plunges, Buttcoin cheers: the online community praying for crypto's death

s bitcoin plunged below $20,000 in mid-June, many cryptocurrency users were distraught over massive losses - with some reporting they had lost their life savings.

news.bitcoin.com

Pantera Capital on Bitcoin: We're in Next Bull Market Cycle Markets and Prices Bitcoin News

Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and we're in the next bull market cycle.Dan Morehead, the firm's founder and managing partner, noted: Over the long-term, bitcoin price has been in a secular uptrend of 2.3x annually over the past twelve years, on average.

news.bitcoin.com

Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021 Market Updates Bitcoin News

Market Updates by Jamie Redman The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar.According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023.The sudden spike in value caused the highest ratio of short liquidations vs long liquidations since July 2021, according to a recent Alpha report from Bitfinex.

news.bitcoin.com

Mark Moss Predicts Regulatory Shakeup and End of Crypto Bull Runs, but Believes Bitcoin Will Endure Bitcoin News

According to Mark Moss, the CEO of Market Disruptor, significant regulation is coming to the cryptocurrency industry following the aftermath of FTX's collapse.He believes that future cryptocurrency bull runs probably won't happen.However, Moss says that bitcoin will continue to see demand as it is solving a problem that has plagued humanity from Day One.

news.bitcoin.com

Thanks to the FTX Collapse, Bitcoin's Price in November 2022 Looks to Join the 4 Previous Negative Novembers of the Past 11 Years Market Updates Bitcoin News

Since bitcoin's price was first measured in fiat value in 2010, only four out of the 11 Novembers in bitcoin's history have seen monthly declines.Eight of the Novembers in bitcoin's price history saw bitcoin climb higher from the first of the month to the last day of November.Following the collapse of FTX, an event that took place immediately after the first week of the month, it looks as though bitcoin's price in November 2022 has a high probability of ending with negative percentages against the U.S. dollar.

Bitcoin

Venture Capitalist Tim Draper Explains Why Bitcoin Will Soar Past His $250K Estimate

Tim Draper's Bitcoin Price Prediction

Venture capitalist Tim Draper has doubled down on his $250K bitcoin price prediction.

moreshutterstock

Coindesk

4 days ago

Business

U.S. April Job Additions of 175K Miss Forecasts for 243K, BTC Rises Above $60K

The U.S. economy added 175,000 jobs in April, below economist forecasts. [ more ]

www.nytimes.com

Business

The Big Number: $68,789

Bitcoin price nearing previous high of $68,789.63. E.T.F. approval boosts investor enthusiasm. [ more ]

ReadWrite

6 days ago

Bitcoin price falls to $57,000 as investors brace for Fed decision

Bitcoin price falls to $57,300, lowest since Feb, as demand decreases among long-term holders and whales, ahead of Fed announcement on interest rates. [ more ]

Coindesk

2 weeks ago

Bitcoin Whales Bought $1.2B BTC Amid the Price Dip, Fueling the Quick Rebound

Whale purchases signal a change in behavior, supporting Bitcoin's rebound to $65,000. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

2 weeks ago

Dylan LeClair: Bitcoin Bull Market Dip or Cycle Regime Shift?

Bitcoin's price drop below $60,000 amid geopolitical tensions highlighted its role as a global asset for weekend trading. [ more ]

Coindesk

Near Record High Funding Rate Suggests Bitcoin Pullback Not Over

Bitcoin recently hit a record high above $73,500 and retraced to $67,600, with potential for new highs indicated by positive funding rates.

High funding rates suggest dominance of long traders in the market, but historical data shows caution as similar rates in the past led to price drops. [ more ]

Coindesk

Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report

Bitcoin price remains below $66,000 with modest rallies

Bitcoin's rally in 2024 driven by ETF flows, now seeing big sales and slowed purchases. [ more ]

London Business News | Londonlovesbusiness.com

The future of Bitcoin prices... Where to?

Bitcoin transactions range around $65,000-$64,000, providing buying opportunities for investors.

Reports show BTC ETFs attracted $2.5 billion in net flows, potentially driving a new buying momentum before a price reversal. [ more ]

Coindesk

Bitcoin Eyes $74K as BTC ETFs See Record $1B in Net Inflows

Bitcoin price climbed above $73,000, reversing losses from the previous day.

Spot BTC ETFs saw record inflows, indicating significant institutional investor interest. [ more ]

London Business News | Londonlovesbusiness.com

Crypto market rebounds before Bitcoin halving: What's happening?

Bitcoin price has surpassed $70,000, triggering liquidations in the market.

Certain cryptocurrencies like STX, RUNE, and LENDS have experienced gains alongside Bitcoin's rise. [ more ]

Coindesk

Bitcoin's Test of All-Time Highs Means Old Miners Are Cashing Out

Old block rewards sold during BTC price drop could impact market

Bitcoin price affected by influx of old block rewards sold by miners [ more ]

London Business News | Londonlovesbusiness.com

Bitcoin price controversy ahead of halving event

Bitcoin price increased by 22% last week, potentially stabilizing above $60,000.

Anticipation of BTC overcoming resistance, influenced by institutional capital inflows. [ more ]

Coindesk

Crypto Traders See 20% Chance of Bitcoin Topping $70K by April End: DeFi Options Marketplace Lyra

Lyra's decentralized BTC options marketplace sees a 20% probability of prices rising above $70,000 by the end of April.

Traders on Lyra correctly positioned themselves for bitcoin's recent move above $50,000, but the low probability of a record move above $70,000 may come as a surprise. [ more ]

Coindesk

Crypto Fear & Greed Index Hits Highest Level Since Bitcoin's 2021 Record High

Bitcoin price surpasses $49,000 and traders experience 'extreme greed'

Fear & Greed Index reaches 79 out of 100, indicating a potential market correction [ more ]

Coindesk

Vibe Check: The Sell-Off Continues: CoinDesk Indices' Todd Groth

Bitcoin Trend Indicator changed to light green on January 16 and yellow on January 18.

The CoinDesk 20 Index has outperformed bitcoin and ether over the past 3 months due to its focus on smaller altcoins. [ more ]

London Business News | Londonlovesbusiness.com

Bitcoin's average pullback is 27% during bull markets

Bitcoin price moves can be assessed by looking at historical data to understand common trends.

During bull markets, pullbacks of less than 20% are extremely common, with the average pullback being 27%. [ more ]

Coindesk

Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria

Bitcoin price falls below $40,000 for the first time since December.

Spot bitcoin ETFs see significant inflows despite the price decline. [ more ]

London Business News | Londonlovesbusiness.com

Bitcoin future expectations: A new event that could tip the scales

Bitcoin price is declining and may further correct downwards if it fails to stabilize around $41,000.

Bitcoin's upcoming halving event is expected to have a positive impact on its price. [ more ]

Coindesk

Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price 'Inflection'

Bitcoin mining stocks have underperformed recently, but this could be a buying opportunity for investors.

The underperformance is due to lower investor appetite and a weaker BTC price. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

5 months ago

As ETF Hype Builds, Bitcoin Rallies Past $40k

Despite some setbacks, Bitcoin's price has crossed the $40,000 mark and is experiencing a steady upward trend.

Bitcoin's resilience in the face of Binance's legal troubles and competition from other exchanges is notable. [ more ]

Coindesk

5 months ago

Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K

Short traders betting against higher bitcoin prices lost $90 million in one day.

Liquidations of leveraged positions can signal the local top or bottom of a price move. [ more ]

London Business News | Londonlovesbusiness.com

5 months ago

Bitcoin heads to $41,000 after $1 billion market withdrawal in a week

Bitcoin price approaches upward breakthrough

Investors anticipate Bitcoin ETF approvals

Significant Bitcoin withdrawals from exchanges [ more ]

Futurism