Bitcoin Gets Yet Another Bullish Signal as Prices Near $70K
A widely-tracked momentum indicator has flipped positive for the first time since April.
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Bitcoin Breaks $65K, as Price Action Compared to Prior U.S. Election Cycles
Trading firm QCP Capital said the move was similar to BTC’s price action in 2016 and 2020 before the U.S. elections.
Bitcoin Flat Near $61K as Whales Continue to Accumulate; XRP Down 10% as SEC Appeals Case
PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
Polymarket traders have their money on four to five more rate cuts this year.
Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters
Analysts suggest the ETH/BTC ratio might drop further, potentially to the 0.02-0.03 range, unless there’s a significant change in investor sentiment or regulatory clarity that might favor riskier assets.
Key Week for Bitcoin and the Dollar Index
This week’s slew of U.S. economic data will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets.
Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation
In 2022, a group of investors alleged that Elon Musk and his company had manipulated the price of dogecoin using their X (then Twitter) accounts.
Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn’t Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Bitcoin Holds $61K After a Brief Nosedive
Bitcoin has seen significant selling pressure from continued ETF outflow, Mt. Gox’s upcoming bankruptcy redemptions, and miner sales.