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Bitcoin Latest News

Bitcoin Hits One-Month High Ahead of US Inflation Data

December 13, 2022 - by - Leave a Comment

Bitcoin’s dominance rate rose above 41% alongside the price rally, signaling de-risking in the crypto market.Read MoreCoinDesk Bitcoin (BTC) rose on Tuesday as investors braced for crucial U.S. data likely …

Bitcoin Hits One-Month High Ahead of US Inflation Data Read More
Bitcoin Latest News

This Bitcoin Metric Suggests Selling Pressure May Be Reaching Exhaustion

December 13, 2022 - by - Leave a Comment

On-chain data shows the Bitcoin binary CDD has been going down recently, a sign that selling pressure may be getting exhausted in the market. Bitcoin 21-Day MA Binary CDD Has …

This Bitcoin Metric Suggests Selling Pressure May Be Reaching Exhaustion Read More
Bitcoin Latest News

Bitcoin Price Looks Ready For Another Leg Higher Over $17.5K

December 13, 2022 - by - Leave a Comment

Bitcoin price remained well bid above the $16,920 support. BTC climbed higher and might soon aim an upside break above the $17,500 resistance zone. Bitcoin found a strong buying interest …

Bitcoin Price Looks Ready For Another Leg Higher Over $17.5K Read More
Bitcoin Latest News

Bitcoin NVT Golden Cross Still In “Overbought” Region, Volatility To Follow?

December 13, 2022 - by - Leave a Comment

Data shows the Bitcoin NVT Golden Cross is still in the “overbought” region, a sign that there may be more volatility to come for the cryptocurrency. Bitcoin NVT Golden Cross …

Bitcoin NVT Golden Cross Still In “Overbought” Region, Volatility To Follow? Read More
Bitcoin Latest News

JPMorgan Says S&P 500 Can Soar Over 10% Today – Will Bitcoin Follow?

December 13, 2022 - by - Leave a Comment

Today and tomorrow are probably the most important days of the year for the Bitcoin and crypto market. Today’s release of the Consumer Price Index (CPI) will possibly be the …

JPMorgan Says S&P 500 Can Soar Over 10% Today – Will Bitcoin Follow? Read More
Bitcoin Latest News

Cumberland Favors Bitcoin Option Trades to Profit From US CPI

December 13, 2022 - by - Leave a Comment

Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.Read MoreCoinDesk The U.S. Bureau of Labor Statistics is scheduled to release the all-important Consumer …

Cumberland Favors Bitcoin Option Trades to Profit From US CPI Read More
Bitcoin Latest News

Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term

December 13, 2022 - by - Leave a Comment

Bitcoin adoption will need to be driven by the development of real uses rather than speculative interest, the report said.Read MoreCoinDesk Bitcoin’s (BTC) value proposition is based on the cryptocurrency’s …

Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term Read More
Bitcoin Latest News

Why The GBTC Discount Could Lead To A Bitcoin Sell-Off

December 13, 2022 - by - Leave a Comment

Grayscale Bitcoin Trust (GBTC) remains the largest bitcoin trust in the world with billions of dollars worth of BTC, but in the last year, the trust has had a hard …

Why The GBTC Discount Could Lead To A Bitcoin Sell-Off Read More
Bitcoin Latest News

SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion

December 12, 2022 - by - Leave a Comment

The SEC is holding firm that its decision to reject Grayscale’s bitcoin ETF bid was proper.Read MoreCoinDeskThe SEC is holding firm that its decision to reject Grayscale’s bitcoin ETF bid …

SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion Read More
Bitcoin Latest News

Understanding Bitcoin Network Hash Rate Increases

December 12, 2022 - by Kaboomracks Alex - Leave a Comment

The difficulty adjustment can decrease profits for miners as the difficulty increases just as newer, more efficient hardware is released. This is an opinion editorial by Alex, a bitcoin miner …

Understanding Bitcoin Network Hash Rate Increases Read More

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