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Bitcoin Latest News

Bitcoin Begins Bounce From 7-Year Bull Trend Line — Is This The Bottom?

February 5, 2022 - by - Leave a Comment

Bitcoin price is now above $40,000, up more than 20% from the lows set in late January. Despite the recovery, common sentiment across the crypto community, analysts, and more is …

Bitcoin Begins Bounce From 7-Year Bull Trend Line — Is This The Bottom? Read More
Bitcoin Latest News

Bitcoin Rangebound Near Support; Resistance at $40K-$43K

February 5, 2022 - by - Leave a Comment

Bitcoin (BTC) is roughly flat over the past 24 hours, although buyers continue to hold support above $35K-$37K. Sideways trading could persist given signs of weak momentum on longer term …

Bitcoin Rangebound Near Support; Resistance at $40K-$43K Read More
Bitcoin Latest News

Market Wrap: Cryptos Stabilize, Analysts Expect Bitcoin Short Squeeze

February 5, 2022 - by - Leave a Comment

Bitcoin (BTC) was rangebound over the past 24 hours. Some analysts expect a bitcoin short-squeeze this month as buyers return on dips and sentiment improves. Altcoins such as $ETH and …

Market Wrap: Cryptos Stabilize, Analysts Expect Bitcoin Short Squeeze Read More
Bitcoin Latest News

MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4

February 5, 2022 - by - Leave a Comment

MicroStrategy recently told the SEC it would revise its disclosures to remove the adjustment for impairment losses and gains on sales related to bitcoin.Read MoreCoinDeskMicroStrategy recently told the SEC it …

MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4 Read More
Bitcoin Latest News

SEC Asks Bitwise to Address Concerns About Proposed Spot Bitcoin ETF

February 5, 2022 - by - Leave a Comment

The SEC’s concerns include possible share manipulation and liquidity.Read MoreCoinDeskThe SEC’s concerns include possible share manipulation and liquidity.

SEC Asks Bitwise to Address Concerns About Proposed Spot Bitcoin ETF Read More
Bitcoin Latest News

Bitcoin Slides Below $38K, Support Is Above $35K

February 5, 2022 - by - Leave a Comment

Bitcoin (BTC) remains in an intermediate-term downtrend since November. Resistance around $38K capped a brief price bounce, suggesting limited upside as momentum wanes. Initial support is at $35K, and stronger …

Bitcoin Slides Below $38K, Support Is Above $35K Read More
Bitcoin Latest News

Fed’s Hawkish Pivot May Not Last, Bitcoin Analysts Say

February 5, 2022 - by - Leave a Comment

The Fed might not act as decisively in tightening monetary policy if financial stability concerns start to outweigh the risk of fast inflation.Read MoreCoinDeskThe Fed might not act as decisively …

Fed’s Hawkish Pivot May Not Last, Bitcoin Analysts Say Read More
Bitcoin Latest News

Market Wrap: Bitcoin Bounce Pauses on Low Volume

February 5, 2022 - by - Leave a Comment

Bitcoin (BTC) buyers took a breather on Wednesday as trading volume continued to decline. Analysts are waiting for a catalyst to push prices higher or lower given the lack of …

Market Wrap: Bitcoin Bounce Pauses on Low Volume Read More
Bitcoin Latest News

Long-Term Buyers Unfazed by Bitcoin’s Recent Drop to $33K

February 5, 2022 - by - Leave a Comment

A metric tracking long-term holders suggests that investors have continued to accumulate the asset despite a recent fall in prices.Read MoreCoinDeskA metric tracking long-term holders suggests that investors have continued …

Long-Term Buyers Unfazed by Bitcoin’s Recent Drop to $33K Read More
Bitcoin Latest News

ECB, BOE Have Scant Leeway to Influence Bitcoin

February 5, 2022 - by - Leave a Comment

While all macro decisions matter, the Fed is the most important as it drives the global policy.Read MoreCoinDeskWhile all macro decisions matter, the Fed is the most important as it …

ECB, BOE Have Scant Leeway to Influence Bitcoin Read More

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