Bitcoin (BTC) Price Decline Spurs Buying of Spot ETFs
As for price action, bitcoin has seen a very modest of bounce since tumbling from nearly $61,000 Wednesday to under $54,000 early Friday, currently trading back to $56,800. That's down…
As for price action, bitcoin has seen a very modest of bounce since tumbling from nearly $61,000 Wednesday to under $54,000 early Friday, currently trading back to $56,800. That's down…
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“Bitcoin selling pressure is unlikely to decrease in the coming days,” said Rachel Lin, founder at on-chain crypto exchange SynFutures, in an interview. “The German government still has over $2.3…
Markus Thielen, founder of 10x Research trimmed his $55,000 price target to $50,000. "This situation may compel ETF holders and miners to liquidate more positions," he said in an emailed…
"We believe hawkish comments from Jerome Powell and the ongoing selling pressure are likely to push BTC down to 52,000," Valentin Fournier, a digital assets analyst at advisory firm brn,…
“Among the top reasons for the price drop was the German government moving more than $50 million to crypto exchanges, creating sell speculation in the market,” Lucy Hu, a senior…
In addition to the roughly $9.5 billion in BTC the former exchange will send back to its customers, Mt. Gox will also send back 143,000 BCH worth around $73 million.…
Two signs of miner capitulation are dwindling hashrate and mining revenue by hash (hashprice), both of which are down significantly this month, with hash rate plunging by 7.7% since the…
Bitcoin's late April break below $60,000 bottomed out at around $56,500 after BlackRock said heavyweight institutions like sovereign wealth funds, pension funds and endowments were likely to trade in the…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry.…