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Bitcoin Latest News

Is Bitcoin Bottom In? This On-Chain Condition Hasn’t Been Met Yet

December 9, 2022 - by - Leave a Comment

A Bitcoin on-chain metric still hasn’t formed the same condition as in the previous bottom, suggesting that the current low may not be in yet. Stablecoin Exchange Inflows (Top 10) …

Is Bitcoin Bottom In? This On-Chain Condition Hasn’t Been Met Yet Read More
Bitcoin Latest News

Bitcoin Price Regains Strength, Why BTC Could Surpass $18K This Time

December 9, 2022 - by - Leave a Comment

Bitcoin price remained strong above the $16,700 level. BTC formed a base and started a fresh increase above the $17,000 resistance zone. Bitcoin found support near $16,700 and started a …

Bitcoin Price Regains Strength, Why BTC Could Surpass $18K This Time Read More
Bitcoin Latest News

Crypto Markets Today: Record Grayscale Bitcoin Trust Discount Widens Industry Woes

December 8, 2022 - by - Leave a Comment

The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into …

Crypto Markets Today: Record Grayscale Bitcoin Trust Discount Widens Industry Woes Read More
Bitcoin Latest News

Grayscale Bitcoin Trust Discount Widens to Record High Near 50%

December 8, 2022 - by - Leave a Comment

The shares have not traded at a premium to bitcoin since March 2021Read MoreCoinDesk Shares of the world’s largest bitcoin fund, Grayscale Bitcoin Trust (GBTC), hit a record high discount …

Grayscale Bitcoin Trust Discount Widens to Record High Near 50% Read More
Bitcoin Latest News

‘Wolf Of Wall Street’ Advises Crypto Investors To Hang On To Bitcoin And Ethereum

December 8, 2022 - by - Leave a Comment

The year 2022 has been a very rough one for Bitcoin and the general crypto market. In the initial 11 months of the year, BTC declined by about 65%. Then, …

‘Wolf Of Wall Street’ Advises Crypto Investors To Hang On To Bitcoin And Ethereum Read More
Bitcoin Latest News

Bitcoin Price Could Avoid Another Downtrend if it Closes Above One Key Level

December 8, 2022 - by - Leave a Comment

Bitcoin price extended its decline below the $17,000 level. BTC could avoid a major drop if it closes above the $17,000 resistance zone. Bitcoin remained in a bearish zone and …

Bitcoin Price Could Avoid Another Downtrend if it Closes Above One Key Level Read More
Bitcoin Latest News

Bitcoin Holders Show Rapid New Accumulation For First Time This Bear, Bottom Signal?

December 8, 2022 - by - Leave a Comment

On-chain data shows Bitcoin holders have done some rapid fresh accumulation recently, something that may lead to bottom formation for the cycle. Bitcoin 1w-1m Realized Cap UTXO Age Bands Have …

Bitcoin Holders Show Rapid New Accumulation For First Time This Bear, Bottom Signal? Read More
Bitcoin Latest News

Bitcoin Miners Feel The Heat, More Selling Pressure Might Be Imminent

December 7, 2022 - by - Leave a Comment

Bitcoin is still stuck in a tight range as market sentiment declines from optimistic to bearish and market participants brace for a possible impact. The cryptocurrency was thriving on the …

Bitcoin Miners Feel The Heat, More Selling Pressure Might Be Imminent Read More
Bitcoin Latest News

Bitcoin Bullish Signal: Exchange Whale Ratio Sharply Declines

December 7, 2022 - by - Leave a Comment

On-chain data shows the Bitcoin exchange whale ratio has sharply declined recently, a sign that may prove to be bullish for the price of the crypto. Bitcoin 7-Day MA Exchange …

Bitcoin Bullish Signal: Exchange Whale Ratio Sharply Declines Read More
Bitcoin Latest News

Binance’s Bitcoin Reserves Are Overcollateralized, New Report Says

December 7, 2022 - by - Leave a Comment

Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange.Read MoreCoinDesk Binance, the world’s largest crypto exchange by trading volume, released a new report on Wednesday from global financial …

Binance’s Bitcoin Reserves Are Overcollateralized, New Report Says Read More

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