Bitcoin News
Hottest Cryptocurrencies to Watch in September 2023
The crypto market has shown resilience in 2023 after weathering the storm of crashes in 2022. With regulations on the horizon and adoption growing, crypto enthusiasts are optimistic about new all-time highs. While the market remains dominated by titans like Bitcoin and Ethereum, many other compelling cryptos aim to garner attention this September. Top contenders […]
Robinhood Adds Dogecoin and Bitcoin to Crypto Wallet Offerings
Robinhood has dramatically expanded its crypto offerings by adding Dogecoin and Bitcoin to its Web3 wallet app. The surprise move bucks the trend of slow, conservative growth and immediately makes the Robinhood Wallet a top destination for two of the biggest cryptocurrencies. With the additions, Robinhood Wallet now supports a total of six different blockchain […]
Bitcoin Tumbles to $27K - Trapped Between $30K and $23K?
The price of Bitcoin has sunk below $27,000, putting it in danger of crashing through a pivotal support level. According to popular analyst Dave the Wave, if Bitcoin closes the week below $27K, it risks plummeting further and triggering a wave of altcoin sell-offs. Dave highlighted the crucial role of the 200-day moving average, which […]
BTC and ETH Surge on Grayscale Court Victory
In a landmark legal victory, Grayscale emerged triumphant in its court battle against the Commodity Futures Trading Commission (CFTC) on Tuesday. The ruling immediately buoyed crypto markets, with Bitcoin breaching $28,000 and Ethereum topping $1,700. BTC bears scurried as the flagship cryptocurrency vaulted past multiple resistance levels. Bitcoin now stands at its highest price point […]
Bitcoin On the Rise: Grayscale Lawsuit Victory Fuels Price Surge
The cryptosphere was abuzz in anticipation of the Grayscale lawsuit verdict. The hammer has finally fallen, and Bitcoin is on the rise. Prices have spiked by over a grand since Grayscale emerged victorious against the SEC. So what does this mean for the future of digital assets? Will the bulls continue their stampede or is […]
Bitcoin Price Swings, Coinbase Investment, and Fed Actions Drive Cryptocurrency Markets
Bitcoin and the broader crypto market faced headwinds this past week. Bitcoin dipped below $26,000 as investors reacted to various factors. Ongoing Bitcoin price volatility reflects thin summer trading volumes. Meanwhile Coinbase’s investment in Circle’s USDC stablecoin highlights growing crypto sector ties. Sentiment remains cautious as the crypto Fear & Greed index sank to a […]
Bitcoin ETF Hopes Dampened as Investors Withdraw $55 Million
Investor confidence in a Bitcoin ETF being approved soon has dropped. This led to $55 million being pulled out of crypto investment funds last week. Bitcoin funds saw most of the money withdrawn – $42 million. This reversed the previous week’s inflows of $27 million. Short-Bitcoin funds, which profit when Bitcoin’s price falls, also saw […]
Bitcoin Could Be on the Cusp of a Huge Breakout Rally
The MVRV Z-Score indicator for Bitcoin is approaching levels that historically preceded major bull runs. In 2015 and 2019, when this metric dipped below 0.1 it signaled Bitcoin was undervalued right before parabolic rallies occurred. Some analysts believe we could be nearing the last buying opportunity before another huge Bitcoin upswing. The brief dip into […]
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