Tag: Bitcoin

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Bitcoin is Seeing a ‘Textbook’ Bottom as More Analysis Brings Back 2022

Bitcoin (BTC) is seeing a “textbook” bear-market bottom as speculators take profits on the trip toward $65,000.Key points:Bitcoin is repeating previous macro bottom behavior...

Tether Invests $20M in Brazil’s Mercado Bitcoin

Tether has invested $20 million in a strategic growth financing round for Mercado Bitcoin, Brazil's largest crypto exchange, the stablecoin issuer announced Tuesday. The...

Bitcoin drops as U.S., Iran airstrikes sink risk appetite across markets

Crypto markets fell Wednesday after fresh airstrikes in Iran spurred a risk-off mood among investors. The CoinDesk 20 Index dropped 2.9% since midnight UTC,...

Here’s What Bitcoin Traders Are Watching for BTC This Week

Bitcoin (BTC) starts the second week of June near two-week highs with traders keen to see bullish continuation.Key points:BTC price action targets nearby liquidity...

Japan’s collapsing yen is pushing companies into bitcoin and XRP

The yen is trading near its weakest level in four decades, and Japanese companies are moving crypto onto their balance sheets to escape it....

Bitcoin Bounces Above $63K Following Strategy-fueled Selloff

Key takeaways:Bitcoin derivatives show resilience despite bearish pressure from Strategy’s Bitcoin sales.Onchain Bitcoin data points to sellers’ exhaustion, strengthening the $60,000 support level.Bitcoin price...

Bitcoin Bulls Buy The Dip And Use Leverage To Keep BTC Price Pumping

Bitcoin (BTC) fell from nearly $64,000 on Sunday to about $62,000 on Monday, and the primary trigger behind the move appeared to be a...

Polymarket Turns On Instant Bitcoin Deposits Via Lightning Network, Powered By Spark

Polymarket, the crypto-native prediction market, has begun supporting instant Bitcoin deposits over the Lightning Network. The feature uses infrastructure from Spark, a...

Bitcoin NUPL Bottom Not Yet in Sight With BTC Due New Lows

Bitcoin (BTC) has further to fall for one of its “cleanest cycle clocks” to signal a bear-market bottom, new analysis says.Key points:One of Bitcoin's...

Tether Invests $20 Million In Brazil’s Mercado Bitcoin

Tether said Tuesday it will invest $20 million in a strategic growth financing round for Mercado Bitcoin, a move that deepens the...

Bitcoin Sticks to $63,000 as John Bollinger Eyes a ‘Critical Point’ for BTC price

Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks.Key points:Bitcoin attempts to hold $63,000 after...

Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification

Japanese companies are turning to bitcoin and XRP as a weak yen pushes them to diversify their corporate treasuries, according to SBI VC Trade,...