Bitcoin Price Rally Stalls as Whales Take Profits: CryptoQuant
Holders are taking short-term profits at the widest margin in more than a year, CryptoQuant analysts said.
Bitcoin
Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq
One observer said poor order book depth is primarily responsible for bitcoin’s rally, while others pointed to the cryptocurrency’s sound money appeal and Fed pivot speculation as bigger catalysts.
CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers
Low liquidity means wave of buy or sell orders can have an outsized impact on bitcoin’s market price.
Newly Formed ZeroSync Association Brings Zero-Knowledge Proofs to Bitcoin
The association has received sponsorship from crypto investment firm Geometry Research and StarkWare Industries – the software company behind StarkNet, a layer 2 Ethereum zero-knowledge rollup scaling solution.
Crypto Lender Kokomo’s Developers Use Wrapped Bitcoin for $4M ‘Exit Scam’
All social media presence was deleted and Kokomo tokens fell 95%.
First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change.
Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.
Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.
Bitcoin From Defunct BTC-e on the Move Again: Report
Someone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017.
Bitcoin Inches Toward $28K as Traders See $260M in Futures Liquidations
Some remain upbeat about the medium-term outlook for bitcoin and the broader market.