Price analysis 5/6: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days.
Category : Bitcoin
Bitcoin distribution 'danger zone' over, analysts say
Bitcoin’s post-halving "danger zone" is over as Bitcoin establishes a firm footing above the $60,000 re-accumulation range, new analysis s…
Bitcoin price still in ‘prime buy zone’ even with rally to $65K
Analysts say Bitcoin price remains in an optimal buy zone even after BTC rallied to $65,500 today.
Hong Kong spot Bitcoin and Ether ETFs struggle to gain traction
The exchange-traded funds only managed to attract around $22.5 million inflows during their first week of launch.
Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.
Turkish crypto bill: 5 things to know before it’s introduced
Turkey was expected to introduce crypto legislation in early 2024, but the local parliament is yet to report on the process.
Nasdaq-listed Tiger Brokers rolls out online crypto trading to Hong Kong
The Tiger Trade app allows professional traders access to 18 different cryptocurrencies alongside stocks, futures, U.S. Treasury bonds and Bitcoin ETF…
First Bitcoin-backed synthetic dollar to launch with 25% yield
USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?
Is China warming up to Bitcoin ETFs? BTC investor’s reply sparks curiosity
The trade agreements between China and Hong Kong could allow mainland investors to access BTC ETF in Hong Kong.
Bitcoin Runes reclaims dominance over BTC transactions
Runes made a recovery to account for the lion’s share of transactions over the Bitcoin network.
Bitcoin privacy will survive despite CoinJoin closure — zkSNACKs CEO
The impending closure of zkSNACKs’ CoinJoin service has been described as a setback for Bitcoin developers and privacy proponents.
Bitcoin mining revenue hits post-halving yearly low
Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of 2024.
Satoshi-era dormant Bitcoin address wakes up after 10 years
According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade.
Bad actors and ‘block storms’ — Bitcoin dev calls for testnet reboot
Bitcoin’s testnet needs to be reset so it can remain free for developers to use, says software engineer Jameson Lopp.
Bitcoin reaches one billion transactions
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.
Cardano founder proposes Bitcoin Cash integration in X poll
The ayes are winning with 8,301 votes for to 4,212 against, as of the time of this article’s publication.
Bitcoin will 'propel the next leg up' if key trading pattern confirms — Traders
The inverse head and shoulders pattern forming "would make sense" if Bitcoin doesn't "break straight through" to $67,500, accordin…
Grayscale’s GBTC stops bleeding: First inflow since launch
Grayscale Investments' GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
Former Cred execs face wire fraud and money laundering charges
After attending their initial court appearance on May 2, the former CEO and CFO of Cred must enter their plea on May 8.
SEC delays decision on 7RCC’s eco-friendly spot Bitcoin ETF
The U.S. SEC has extended its review period on a rule change that would allow the listing of 7RCC’s Spot Bitcoin and Carbon Credit Futures ETF to Ju…