Bitcoin may lose $30K price level if stocks tank, analysts warn

The ghost of stock market crash is back again to haunt Bitcoin (BTC). It happened last in March 2020. Back then, the prospect of the fast-spreading coronavirus pandemic led to lockdowns across... Read more »

Hawkish Fed comments push Bitcoin price and stocks lower again

Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president of the United States Federal Reserve Bank of St.... Read more »

Bulls hesitate to buy the dip after Bitcoin price falls close to $35K

On June 18, Bitcoin (BTC) and traditional markets faced another day of downward pressure comments from the United States Federal Reserve about the possibility of raising interest rates sooner than expected has... Read more »

Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients

Banco Bilbao Vizcaya Argentaria (BBVA) — Spain’s second-largest bank — is set to offer Bitcoin (BTC) trading and custody services in Switzerland. According to a release issued on Friday, BBVA Switzerland will... Read more »

Traders search for bearish signals after Bitcoin futures enter backwardation

An unusual phenomenon called ‘backwardation’ is taking place in Bitcoin (BTC) futures trading, mainly the June contract, which expires on June 25.  The fixed-month contracts usually trade at a slight premium, indicating... Read more »

Bitcoin slips below $39K as Fed sends gold to 6-week lows

Bitcoin (BTC) edged closer to $38,000 support on June 17 as comments from the United States Federal Reserve sparked a mass sell-off for gold. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin... Read more »

‘Millionaire’ whales gobble up 90,000 Bitcoin over past 25 days

Bitcoin whales are stocking up, with “millionaire” addresses accumulating around 90,000 Bitcoin worth $367 billion over the past 25 days. The accumulation was identified by crypto market data aggregator Santiment, which identified... Read more »

Dip-buyers anticipate further downside after Bitcoin price falls to $38K

The cryptocurrency market is in the midst of another lackluster day as Bitcoin (BTC) price dipped below $40,000 ahead of the Federal Open Market Committee (FOMC) meeting where officials intend to discuss... Read more »

Bitcoin price hits $41K, then rejects after sellers defend the 200-MA

The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 as a sign that... Read more »

Bitcoin price bottom is in, says Fidelity exec as crypto market exits ‘extreme fear’

Bitcoin (BTC) has already hit its price bottom, one of the industry’s top executives believes as BTC price action stays above $40,000. In a tweet on June 14, Jurrien Timmer, director of... Read more »