Bitcoin News
Bitcoin News

Why is Bitcoin price stuck?

Bitcoin is a volatile asset, but BTC price can stay flat for days, weeks and even months for various reasons. MARKET ANALYSIS The price of Bitcoin  BTC $30,841  has consolidated sideways for several days in a row and July 5 is no different despite modest losses. Why is Bitcoin price not moving? BTC price dipped […]

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Bitcoin News

Bitcoin futures premium hits 18-month high — Time to flip bullish?

The Bitcoin futures premium surge is having traders ask whether this is excitement or a return to the average after a multimonth bear market. MARKET ANALYSIS The Bitcoin futures premium reached its highest level in 18 months on July 4. But traders are now questioning whether the derivatives metrics indicate “excessive excitement” or a “return to […]

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Bitcoin News

Bitcoin analysis agrees BTC price may stall at $35K

BTC price will have trouble breaking above $35,000, various analysts warn, as major resistance appears on Binance. MARKETS NEWS Bitcoin  BTC $30,787  bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts. In its latest market update on July 5, trading firm QCP Capital flagged the mid-$30,000 range as a potential cooling-off […]

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Bitcoin News

Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares

Bitcoin investment products have experienced $310.6 million in inflows over the last two weeks. NEWS Bitcoin  BTC $30,955  has been the “primary focus” for institutional investors over the last two weeks, according to CoinShares, as the cryptocurrency continues to hit new highs for 2023. In a July 3 report from CoinShares’ head of research James […]

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Bitcoin News

Will Bitcoin ever trade below $27,000 again?

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin will ever be below $27,000 again. Have you missed your chance to purchase some sats at sub $30,000 levels? In the latest episode of The Market Report, analyst and writer Marcel Pechman analyzes some data to conclude whether Bitcoin  BTC $30,534 […]

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Bitcoin News

Will BlackRock’s ETF slingshot Bitcoin’s price skyward?

Have the world’s largest financial firms finally “seen the light” with Bitcoin? Will demand outstrip supply, making a BTC price rise inevitable? FOLLOW UP Traditional financial firms finally believe that digital assets are here to stay. Or so one might conclude from the slew of announcements last week from some of the world’s premiere financial […]

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Bitcoin News

Honk if you love Bitcoin! Lightning takes the wheel of a European rally car adventure

With a comically loud horn, a candy machine and a jukebox filled with Mozart, metal and more, it’s the “Bitcoin Ambassadors” rally car adventure. NEWS A Bitcoin car driven by the “Bitcoin Ambassadors” team is competing in the 8,000-kilometer Baltic Sea Circle Rally race, orange-pilling competitors and campsites along the way.  Two Bitcoin  BTC $30,667  advocates […]

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Bitcoin News

Bitcoin mining heats water in Brooklyn Bathhouse, users flip out

The impact of Bitcoin mining on the environment remains a significant concern to many, leading to unfavorable responses from people opposed to its use. NEWS A bathhouse in Brooklyn, New York, has left users on Instagram and Twitter divided after it revealed that it is using Bitcoin  BTC $30,682  mining rigs to heat its spa. […]

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Bitcoin News

Bitcoin equities ETF hits Euronext Amsterdam stock exchange

Dutch investors now have access to a Bitcoin equities exchange-traded fund on the Euronext Amsterdam stock exchange. NEWS The Netherlands has welcomed a new equity exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin  BTC $30,221 -related company stocks. French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the […]

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Bitcoin News

Bitcoin reaches 50% market dominance for first time in 2 years

Blackrock’s spot ETF filing and the Securities and Exchange Commission’s crackdown on crypto are driving investors toward Bitcoin. NEWS Bitcoin  BTC $26,820  dominance, the measure of how much Bitcoin makes up of the total crypto market cap, has breached the 50% mark. On June 19 at 6 pm UTC, Bitcoin dominance hit just above 50% […]

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