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Bitcoin Crypto News and Headlines
Bitcoin, BTC, Satoshi, Nakamoto, SATS News


August 17, 2:28 am

TA: Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $24.5K
Bitcoin is struggling below $24,500 against the US Dollar. BTC could continue to move down below the $23,650 and $23,500 support levels. Bitcoin is slowly moving lower and trading well below the $25,000 level. The price is now trading below the $24,200 level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $24,020 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend losses below the $23,650 and $23,500 support levels in the near term. Bitcoin Price Turns Red Bitcoin price started a slow and steady decline from the $25,000 resistance zone. BTC declined below the $24,650 and $24,500 levels to move into a short-term bearish zone. There was a break below the $24,000 level and the 100 hourly simple moving average. The price traded as low as $23,673 and is currently consolidating losses. On the upside, an immediate resistance is near the $24,000 level. It is near the 23.6% Fib retracement level of the recent drop from the $25,200 swing high to $23,673 low. There is also a key bearish trend line forming with resistance near $24,020 on the hourly chart of the BTC/USD pair. The first major resistance on the upside sits near the $24,250 level and the 100 hourly simple moving average. The next key res... read More


August 17, 2:27 am

Bitcoin Poised For Recovery, Relief Summer still In Play?
Bitcoin has been able to make a resurgence in recent weeks. The 25,000 USD barrier was recaptured by Bitcoin prices just two days ago, marking the first time since June 13th. Bitcoin Poised For New Rally In June, Bitcoin had its largest monthly decline since 2011, falling over 37.3% to a final value of $19,925. Since then, it has partially recovere... read More


August 16, 10:22 pm

Bitcoin Miners Suffer Over $1 Billion Loss In Q2 2022
After incurring a number of impairment losses brought on by the decline in cryptocurrency prices, the three biggest US publicly traded Bitcoin mining companies lost more than US$1 billion in the second quarter. Bitcoin Miners In Deep Red In the three months that ended June 30, Core Scientific Inc., Marathon Digital Holdings Inc., and Riot Blockchai... read More


August 16, 5:00 pm

Outflows Rock Bitcoin As Institutional Investor Sentiment Starts To Turn
Institutional investor interest in bitcoin has mainly been fluctuating in the last month. As the market has gone through the different phases of bull and bear market, so have the sentiment of investors gone through positive and negative. For the past week, though, it seems the latter had eventually won through as outflows had rocked bitcoin, even a... read More


August 16, 2:58 pm

Here's the First Support if Bitcoin Fails to Break Above $24K (BTC Price...
Bitcoin continues its effort to break above the $24K resistance level, despite being constantly rejected by it in recent weeks. Will the bulls eventually manage to break it, or will the bears get the upper hand? Technical Analysis By: Edris The Daily Chart The price is technically in an uptrend as it has been forming higher highs and lows, but the ... read More


August 16, 11:50 am

Fresh Trouble for South Korean Banks Over Bitcoin Kimchi Premium Trades ...
South Korea's integrated financial regulator - Financial Supervisory Service (FSS) - is reportedly investigating domestic and commercial banks after detecting a significant amount of illegal overseas remittance transactions. Over the last few weeks, banks' role in facilitating kimchi premium traders to enable fast money when trading volumes rise ha... read More


August 16, 10:29 am

Bitcoin Capitulation Over? Short-Term Holders Bought 330K BTC Since Terr...
For the first time in over two years, short-term holders (STH) have become more active in the BTC marketplace than long-term holders (LTH), said Glassnode. The company's latest market report argued that this could suggest the capitulation event in the crypto space has already taken place. STHs Added 300K BTC Since Luna Collapse The Terra ecosystem ... read More


August 16, 8:44 am

Bitcoin Calms at $24K, Dogecoin Soars 8% (Market Watch)
Following the recent local peaks and enhanced volatility, bitcoin has calmed and stands around $24,000. Most altcoins are also untypically stagnant today, with a few exceptions, one of which is Dogecoin. Thus, DOGE has continued the recent rise of the dog-themed memecoins. Bitcoin Stalls at $24K The past several days were quite volatile for the pri... read More


August 16, 4:00 am

Bitcoin Price Trades A Little Over $24,000, Can It Target $27,000?
Bitcoin price peeped above the $24,000 price level after falling from the $25,000 mark few trading sessions ago. Over the past week Bitcoin secured a 6% gain and on the daily chart the coin fell by 1%. This had pointed towards a sign of consolidation. Bitcoin price had formed higher highs and high lows which are an indication of bullishness on the ... read More


August 16, 2:28 am

TA: Bitcoin Price Below 100 SMA Could Spark Bearish Reaction
Bitcoin is slowly moving lower below $24,500 against the US Dollar. BTC could drop in the short-term if it stays below the 100 hourly SMA. Bitcoin started a downside correction after it failed to settle above $25,000. The price is now trading below the $24,500 level and the 100 hourly simple moving average. There was a break below a key bullish tr... read More


August 15, 7:45 pm

Bitcoin Still Very Bearish, Says Peter Schiff
Bitcoin may be aiming for another retest of a crucial price level that prevents the digital gold from entering another bear cycle, which appears to be the next logical objective given that the first cryptocurrency was unable to break through $25,000, according to the cryptocurrency's daily chart. Bitcoin May Fall If It Goes Below This Level After f... read More


August 15, 7:00 pm

Bitcoin Funding Rates Remain Positive As Bullish Sentiment Continues
On-chain data shows the Bitcoin funding rates have remained at positive values recently as the crypto's price has continued its recovery. Bitcoin Funding Rates Have Been Mostly Positive During The Past Month As pointed out by an analyst in a CryptoQuant post, the BTC funding rates have been green recently, but not as positive as back between July 1... read More


August 15, 5:00 pm

Bitcoin Price Gears Up For Another Rally After Testing $25,000
Bitcoin price has been bouncing up and down over the last couple of weeks, but the digital asset has finally found its direction. With this recent recovery, the price of bitcoin has made its way to sit comfortably above $24,000 presently. The digital asset had tested one of the most coveted spots on Sunday but had sadly been rejected. That has not ... read More


August 15, 1:30 pm

TA: Top 5 Crypto You Should Watch This Week – Bitcoin, Ethereum
Top 5 Crypto You Should Watch This Week, with many crypto altcoins producing price gains of two or more digits. The recovery has sparked the excitement and belief that the bottom could be in for many crypto assets with the hope of a bull run in a short time. Let us discuss the top 5 crypto assets you should watch this week.  Disclaimer: The p... read More


August 15, 8:49 am

Crypto Markets Lost $50B Daily as Bitcoin Sharply Rejected at $25K (Mark...
After spiking above $25,000 to a new two-month high, bitcoin was violently rejected at that point and dumped by more than $1,000 in hours. Most altcoins are also deep in the red today, following the past few days of charting gains. Shiba Inu, though, is among the exceptions. Bitcoin Stopped at $25K Ever since the price drop below $23,500 at the end... read More


August 15, 2:48 am

TA: Bitcoin Price Aims Higher, Why BTC Could Surge Past $25K
Bitcoin is gaining bullish momentum above $24,500 against the US Dollar. BTC could gain bullish momentum if it clears the $25,000 resistance zone. Bitcoin started a fresh increase above the $24,200 resistance zone. The price is now trading above the $24,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming w... read More


August 15, 1:30 am

Skybridge Expects Bitcoin to Reach $300K in 6 Years — 'You Are Goi...
Skybridge Capital is 'pretty optimistic' about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm's founder explained that the world's largest cryptocurrency could reach $300K in six years, urging investors to 'just relax' and 'stay long-term.'Skybridge Optimistic About Bitcoin and Ethereum Anthony Scaramucci, foun... read More


August 14, 7:00 pm

Quant Explains How Bitcoin NUPL Cycles Are Getting Less Volatile With Ti...
Bitcoin NUPL data suggests that the crypto's cycles are getting less sharper with time as profit tops and loss bottoms aren't following a horizontal line. Bitcoin NUPL Didn't Exceed The 0.75 'Greed' Mark During This Cycle As explained by an analyst in a CryptoQuant post, the BTC profit and loss cycles shouldn't be treated with horizontal lines. The... read More


August 14, 2:40 pm

Bitcoin Price Analysis: Holding This Range Can Lead a Quick Move Towards...
After getting rejected from the $24K sentimental resistance area three times, the Bitcoin price finally broke the threshold, forming higher highs and lows on the daily chart. Can buyers expect to see the $27K level reached next? Technical Analysis By Shayan The Daily Chart The weekly candle is closing tonight (Sunday's midnight UTC), and if Bitcoin... read More


August 14, 8:20 am

Bitcoin Touched $25K for the First Time in 2-Months: Shiba Inu Soars 15%...
After a brief dip, bitcoin went on the offensive once more and tapped $25,000 for the first time since mid-June. The altcoins are calmer today, but Shiba Inu has stolen the show with a massive double-digit surge. Bitcoin Touched $25K Whether it's indeed on hype regarding the upcoming Merge, as JPM claimed, the crypto market has been on an uptrend i... read More


August 12, 9:00 pm

Bitcoin Is An alternative To Economic Condition, Says CEO Of Franklin
Many people are reacting differently to the current condition of Bitcoin and the global economy. In the past two consecutive quarters, the US has posted negative GDP, leading to a rate spike by the Feds. Though some individuals are stating that there is yet no inflation, its impact is gradually manifesting. The President and CEO of Franklin Templet... read More


August 12, 7:00 pm

Bitcoin Bearish Signal: Whales With 1k-10k BTC Depositing To Exchanges
On-chain data shows Bitcoin exchange inflows from whales holding between 1k to 10k BTC have spiked up recently, a sign that can be bearish for the price of the crypto. Bitcoin Exchange Inflows Spike Up Following Rally Above $24k As pointed out by a CryptoQuant post, the BTC whales with between 1k to 10k BTC seem to have sent a large stack to exchan... read More


August 12, 6:00 pm

Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, Whi...
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power stations in Ontario, Canada, that will become crypto m... read More


August 12, 5:45 pm

BlackRock's Bitcoin Trust Will Create a Demand Shock: Anthony Scaramucci
Anthony Scaramucci – founder and managing partner of Skybridge Capital – believes BlackRock’s Bitcoin trust, among other developments, will contribute to a demand shock for Bitcoin that will send its price soaring.  He added that the “future” is arriving sooner than he thought, and predicted that Bitcoin will reac... read More


August 12, 2:18 pm

Can Bitcoin Finally Break $24K or is Another Crash Coming? (BTC Price An...
Bitcoin continues its struggle to push and hold above $24K, as it has been rejected from this significant level for the third time. The price rebounded from the $20K support level last month and has been making higher highs and lows on the daily chart. This resulted in the creation of a bullish structure. Can the cryptocurrency finally break throug... read More


August 12, 8:42 am

Bitcoin Calms at $24K as Ethereum Classic (ETC) Soars 10% Daily: Market ...
The past 24 hours saw the cryptocurrency market calm down a bit, with no major changes happening across the top 10 coins by means of total capitalization. However, some cryptocurrencies performed better than others, so let's dive in. Bitcoin Calms at $24,000 After a serious run-up from $22,800 to almost $25,000 in the previous two days, Bitcoin's p... read More


August 12, 4:30 am

Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During t...
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with 'the pace' of the bitcoin mining company's U.S. expansion.Genesis... read More


August 12, 2:58 am

TA: Bitcoin Price Tops Near $25K, Why Dips Might Be Limited
Bitcoin traded close to $25,000 before it corrected lower against the US Dollar. BTC must stay above the $23,500 support to start another increase. Bitcoin started a fresh increase above the $24,000 resistance zone. The price is now trading above the $23,600 level and the 100 hourly simple moving average. There was a break below a major bullish tr... read More


August 12, 12:30 am

World's Largest Asset Manager Blackrock Launches Bitcoin Private Trust C...
The world's largest asset manager, Blackrock, has launched a spot bitcoin private trust. 'Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,' said Blackrock.Blackrock Launches Bitcoin Trust Blackrock, the world's largest asset manager, has launched 'Blackrock bitcoin pri... read More


August 11, 7:00 pm

Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction
On-chain data shows the Bitcoin aSOPR indicator has found resistance at the historical junction between bull and bear markets. Bitcoin aSOPR Fails Retest Of The 'Value=1' Line As pointed out by an analyst in a CryptoQuant post, the BTC aSOPR has been rejected from the breakeven mark recently. The 'Spent Output Profit Ratio' (or SOPR in short) is an... read More


August 11, 5:00 pm

Market Sentiment Shoots Up As Bitcoin Eyes $25,000
The crypto market sentiment had taken a beating when the price of bitcoin fell to a new cycle low of $17,600. With this, investor sentiment had plummeted to new yearly lows. But slowly, the market sentiment had recovered and made its way out of the extreme fear territory. That is until now when the market sentiment has recorded an enormous push upw... read More


August 11, 2:15 pm

BlackRock Makes Crypto Splash With Private Bitcoin Investment Trust Prod...
BlackRock has followed up its Coinbase partnership with its first institutional crypto investment product: a private bitcoin trust that offers direct exposure to spot BTC price action. BlackRock has debuted its first investment product offering direct exposure to bitcoin, according to a statement issued on Thursday (August 12, 2022). The product i... read More


August 11, 1:00 pm

Is The Bitcoin Surge Due To An External Reason? What The Data Suggests
The world's first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading activities got BTC's price to hit the $24,000 mark. This creates a positive record for the top cryptocurrency across the industry. Though Bitcoin is ma... read More


August 11, 12:00 pm

Glassnode Report Shows Bitcoin And Ethereum Derivatives Gain Massive Tra...
The 2022 crypto winter seems to be one of the most severe bearish trends in cryptocurrency history. This saw the entire crypto market cut down by over 50% in value since the beginning of the year. Also, the situation in the crypto market got worse with the collapse of the Terra-LUNA ecosystem. However, the crypto market is recovering slightly from ... read More


August 11, 3:08 am

TA: Bitcoin Price Surges 6%, Why Recent Breakout Looks Real
Bitcoin price found support above $22,500 and surged over 6% against the US Dollar. BTC broke many hurdles and might rise further towards the $25,000 resistance. Bitcoin started a fresh increase after it found strong bids above $22,500. The price is now trading above the $23,500 level and the 100 hourly simple moving average. There was a break abo... read More


August 10, 11:00 pm

Bearish Signal: Why Bitcoin Miner Sell-Offs May Continue
Bitcoin miners have borne the brunt of the bear trend since it began. They watched cash flow plummet on their machines, forcing them to look to other ways to finance their operations. The natural response to this was for public miners to dip into their bitcoin reserves and begin selling off BTC to keep their operations going. For a time, it seemed ... read More


August 10, 10:56 pm

Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling
Bitcoin surged after July's CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24,000. CPI Report Boost Bitcoin Price According to the Consumer Price Index report (CPI) that the U.S. Bureau of Labor and Statistics released on Wedne... read More


August 10, 7:05 pm

Bitcoin is the Best Distraction From the Current Financial Collapse, Say...
Jenny Johnson - President and Chief Executive Officer of Franklin Templeton - thinks the ongoing economic condition is in a very grim state, while bitcoin is 'the best distraction' from that downfall. She also praised blockchain technology as a great innovation that will positively impact different industries in the near future. Established in 1947... read More


August 10, 5:01 pm

TA- Bitcoin Bounced off Key Support After CPI Announcement
The price of Bitcoin (BTC) bounced off its key support against Dollars (USD) after the Consumer Price Index (CPI) announcement in the United States. The metric is used to measure inflation in U.S. dollar and hints at a potential slowdown.  Bitcoin price saw a pullback from $24,200 to $22,800 despite showing signs of relief rally but was faced... read More


August 04, 4:18 pm

CME Group set to list euro-denominated Bitcoin (BTC) and Ether (ETH) fut...
CME Group, a leading derivatives marketplace, today announced its plans to expand further its cryptocurrency derivatives offering with the introduction of Bitcoin and Ether futures denominated in EUR on Monday, August 29th, pending regulatory review. Designed to match their U.S. dollar-denominated counterparts, Bitcoin Euro and Ether Euro futures c... read More


July 15, 3:08 am

TA: Bitcoin Price Could Surge To $22K, Why BTC Remains Supported
Bitcoin started a decent increase above the $20,000 resistance against the US Dollar. BTC is trading above $20,500 and eying more gains towards the $22,000 level. Bitcoin is slowly moving higher above the $20,000 resistance zone. The price is now trading above the $20,200 level and testing the 100 hourly simple moving average. There is a key bulli... read More


July 15, 1:30 am

Robert Kiyosaki Says in Cash Position Waiting to Buy Bitcoin — Ass...
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has advised investors not to miss 'the greatest sale on earth.' He said asset prices are crashing and indicated that he is waiting in cash position to pick up bargains, including bitcoin.Robert Kiyosaki Waiting to Buy Bitcoin The author of Rich Dad Poor Dad, Robert Kiyos... read More


July 14, 11:30 pm

Bitcoin Manage To Hold Its Own As Wall Street Open With Losses, Analysts...
While American stocks plunged at the opening of Wall Street on July 14, Bitcoin escaped losses, but traders remained uneasy. Analysts Weigh In On Bitcoin Bottom The S&P 500 and Nasdaq Composite Index both fell by about 1.8% at the time of writing as Wall Street opened in the red. Although the largest cryptocurrency's correlation to stocks declined ... read More


July 14, 8:00 pm

NYDIG to Provide the New York Yankees With Bitcoin Payroll Services
On July 14, 2022, the bitcoin company NYDIG, a subsidiary of Stone Ridge, announced that the firm inked a multi-year deal with the Major League Baseball (MLB) team the New York Yankees. According to the partnership announcement, NYDIG will be the professional baseball team's 'official bitcoin payroll platform.'NYDIG Inks a Multi-Year Partnership De... read More


July 14, 6:00 pm

'Unprecedented Opportunities' — Cleanspark Acquires 1,...
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company's existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining rigs. The latest ASIC acquisition follows Cleanspark's recent purchase contract to buy 1,800 Antminer S19 XP units for 'an exception... read More


July 14, 5:00 pm

Bitcoin Price Spends Four Weeks At 2017 Peak Prices, What Comes Next?
Bitcoin movements in the 2022 bear market have almost completely deviated from the established bear trends in the market. The digital asset which had never fallen below a previous cycle peak had finally done it when it fell to $17,600 following the June crash. Since then, the cryptocurrency has had a hard time maintaining its price above the previo... read More


July 14, 4:30 pm

Arthur Hayes Expects the US to Start Printing Again, Bullish for Bitcoin
BitMEX co-founder Arthur Hayes has predicted that the Federal Reserve may soon begin printing money again if the dollar continues to strengthen against international currencies. As he sees it, this is a bullish development for Bitcoin. The Effects of a Strong Dollar In a tweet on Thursday, Hayes pressed followers to keep their eyes on both the Japa... read More


July 14, 2:00 pm

ECB Calls for Urgent Regulation of Stablecoins and Defi, Won't Rul...
A new report by the European Central Bank (ECB), presented as a 'deep dive into crypto financial risks,' calls for 'appropriate' regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin's carbon footprint in Europe, suggesting a ban on proof-of-work mining is probable. Growth of Stablecoin... read More


July 14, 12:20 pm

Why Does Bitcoin Go Crazy Whenever CPI Numbers Are Published?
If you haven't noticed by now, Bitcoin's price is going through some serious short-term volatility on the day that the CPI numbers hit. This is not without a good reason. This is arguably one of the most heavily-discussed metrics in the past few months and one that impacts a number of markets. Before we see why is Bitcoin going crazy every time the... read More


July 14, 11:00 am

Bitcoin of America's Customer Service Is Advancing the Cryptocurre...
Popular BTM operator, Bitcoin of America, is changing the way we think about the cryptocurrency industry. Bitcoin of America is a virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). They currently have 2,500 plus Bitcoin ATM locations across 31 states. They offer Bitcoin... read More

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