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Bitcoin

Bitcoin technical indicators 'improving' at $59K may trigger short squeeze

admin Aug 21, 2024
Bitcoin technical indicators are “improving” — meaning a short squeeze may be “inevitable,” according to crypto analysts. Source link
Bitcoin

Spot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days

admin Aug 21, 2024
Around 80% of the past fortnight’s spot Bitcoin ETF trading days have had positive flows, despite Bitcoin seeing sideways price action. Source link
Bitcoin

Mt. Gox shifts out $700M in Bitcoin, first major move in 3 weeks

admin Aug 21, 2024
It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution. Source link
Bitcoin

2 key Bitcoin metrics signal steady bull cycle — 'No bubble' in sight

admin Aug 21, 2024
The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or…
Bitcoin

US regulator fines crypto fund $150K for illicit Bitcoin loan

admin Aug 20, 2024
It’s part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022.   Source link
Bitcoin

RFK Jr’s running mate floats ‘unity party’ with former President Trump

admin Aug 20, 2024
Nicole Shanahan claimed that 51% of Americans were against the two-party system dominating modern United States politics. Source link
Bitcoin

Bitcoin demand sharply declining since April — CryptoQuant

admin Aug 20, 2024
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States. Source link
Bitcoin

Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode

admin Aug 20, 2024
Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000. Source link
Bitcoin

German BaFin regulator cracks down on crypto ATMs

admin Aug 20, 2024
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States. Source link
Bitcoin

Bitcoin whales now add just 1% to their BTC holdings per month

admin Aug 20, 2024
Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year. Source link
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