Bitcoin P&L ratio falls to 43-month low
Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather…
Bitcoin Eyes Independence Day at New July High as 200-week Trend Line Nears
Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period.Key points:Bitcoin sustains upside momentum as BTC price action nears…
Upbit Says It Isn’t Participating in Open USD Issuance
South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, after its operator Dunamu was named among more than 140 businesses…
Bitcoin Can Still Go Lower as Supply Metric Prints First ‘Buy’ Signal in 4…
Bitcoin (BTC) has added another bear-market bottom signal this month as analysis draws comparisons to November 2022.Key points:Bitcoin adds to its list of…
Zcash Ironwood Timeline Pressured by Software Migration
Shielded Labs has raised the possibility of delaying Zcash's Ironwood network upgrade, warning that ecosystem participants like exchanges, mining pools and…
Defendant Files to Dismiss New York Lawsuit Seeking Ownership of 39,069 Bitcoin Wallets
A pseudonymous defendant has moved to dismiss a New York lawsuit seeking ownership of 39,069 dormant Bitcoin addresses, arguing that Bitcoin addresses are merely…
Bitcoin ETFs Rebound as Fidelity Leads Inflows
US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their first daily net inflow above $200 million since early May, snapping weeks of sustained…
Bitwise Says Strategy Now Less Important Figure in Bitcoin
Strategy’s era as the dominant Bitcoin buyer may have come to an end following last week’s STRC turmoil, which cast doubt on the company’s Bitcoin-buying strategy…
Bitcoin Holds Weekly Gains After US Jobs Data, AI Sector Weakness
Key takeaways:Soft US jobs market data triggered a rotation of capital from overheated AI stocks into Bitcoin and gold.Bitcoin onchain indicators hint at seller…
Is Bitcoin Heading for $65K? Sharplink Buys $16M ETH. Market Moves.
Bitcoin rises amid Fed inflation talks: Bull trap or $65K next?Bitcoin (BTC) reacted positively to US Federal Reserve Chair Kevin Warsh’s remarks on stubborn…