Bitcoin’s key momentum metric hints at bullish divergence as BTC clings to $33K

A recent run-down in the Bitcoin (BTC) market faces the prospects of exhaustion before confirming a full-fledged bearish breakdown, so reflects a classic momentum-based oscillator. RSI forming higher lows Dubbed as Relative... Read more »

Strike to offer ‘no fee’ Bitcoin trading, taking aim at Coinbase and Square

Payments platform Strike has announced that it will allow U.S. customers to buy and sell Bitcoin with almost no trading fees from today. In an announcement on July 1, Strike founder and... Read more »

Blockware Mining raises $25 million to triple hash rate from Kentucky facility

Blockware announced Thursday that they have raised $25M in a second oversubscribed fundraising round. They plan to use the funds to expand their bitcoin mining operations in Kentucky, and will also install... Read more »

Bitcoin posts third monthly red candle with Stock-to-Flow price model echoing early 2019

Bitcoin (BTC) closed its third red monthly candle in a row this week as a popular analyst likened BTC price action to January 2019. In a tweet on July 1, PlanB said... Read more »

Here’s why pro traders expect further downside from Ethereum price

Derivatives data shows that Ether (ETH) traders are feeling less bullish when compared to Bitcoin (BTC). Even though the altcoin captured a nearly 200% gain in the first half of 2021 versus... Read more »

Gold outshines Bitcoin in Q2 even after posting its worst month since 2016

Gold is set to outperform Bitcoin (BTC) in the second quarter of 2021. An ounce of gold has surged from  $1,707.45 on April 1 to over $1,750 in the still-running June 30... Read more »

China crackdown shows industrial Bitcoin mining a problem for decentralization

Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto... Read more »

Altcoins bag double-digit gains as Bitcoin price approaches $37,000

Cryptocurrency prices surged on June 29 as Bitcoin (BTC) price pushed through the $35,000 resistance level and lifted the total market cap by $93 billion, with $50 billion of that total flooding into... Read more »

Bears back off, but Bitcoin price still wavers below $35K

Although bulls made a show of force in the morning trading hours, Bitcoin (BTC) price is still pinned under the $35,000 resistance and unable to flip the 20-day moving average to support... Read more »

Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC

Wall Street investment bank Morgan Stanley has gained exposure to Bitcoin (BTC) through Grayscale, offering further evidence of wider institutional acceptance of digital assets. The Morgan Stanley Europe Opportunity Fund, which invests... Read more »