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Bitcoin price 'very near bottom' with $30K dip, says bullish institutional report
23.6.2021
Stack funds draws attention to this week's $2.3 billion Bitcoin options expiry, with a potential change in sentiment coming thereafter
Simplex Tie-Up With Kava Brings Fiat Directly to Defi
23.6.2021
As Kava works to expand its multi-asset defi platform’s appeal, the inclusion of Simplex’s fiat-to-crypto processing infrastructure will provide a fresh avenue for users to enter the defi ecosystem with fewer steps and conversions. New On-Ramp to Streamline Defi Accessibility...
Bitcoin heading for worst quarter since start of 2018 bear market
23.6.2021
Bitcoin appears poised to post its second-weakest quarter since the start of 2014
Vaneck Files Prospectus With US Regulator to Launch a Bitcoin Mutual Fund
23.6.2021
On June 21, the wealth manager Vaneck filed a prospectus to launch what it calls a Bitcoin Strategy Fund. The prospectus filed with the U.S. Securities and Exchange Commission (SEC) explains the fund will procure bitcoin exchange-traded products and futures. Vaneck’s Fund Will Invest...
Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K
22.6.2021
Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction?
As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return
22.6.2021
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline...
Crypto Bears Claw Markets Lower, Bitcoin Price Drops Below $30K, Analysts Still Optimistic
22.6.2021
The price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value over the last 24 hours and its market capitalization is now less than $600 billion. Bitcoin Price Plunges Below $29K Cryptocurrency markets have seen better days...
A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report
22.6.2021
The benchmark cryptocurrency slipped briefly under the $29,500-level this Tuesday as a Glassnode report indicated possibilities of miner capitulation in China
Hedgeye: This Model Predicts Bitcoin at $1,000,000
22.6.2021
Analysts at Hedgeye Risk Management, an investment research and financial media company based in Stamford, Connecticut, have analyzed the Bitcoin stock-to-flow argument. This framework suggests Bitcoin’s price potentially reaching $1 million by the latter half of 2020s, and as much as...
Bitcoin drops below $30K to 6-month lows: Watch these next price support levels
22.6.2021
Downward selling pressure sees Bitcoin swiftly take out $30,000 support as Binance users report technical difficulties
China’s crackdown means Bitcoin is working, says crypto miner
22.6.2021
A former crypto exchange engineer believes that China's ban on Bitcoin mining is “fantastic news.”
Bitcoin bear market confirmed? Analysts at odds over whales' BTC exchange moves
22.6.2021
Whale selling pressure is too great to preserve the bull market for now, one warning says, while similarities to 2017 provide a silver lining for hodlers
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
CNBC host boldly reveals he sold his BTC amid depths of bear market
22.6.2021
CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future
Data shows Bitcoin bears dominate Friday's $2.5B BTC options expiry
21.6.2021
Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25
Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’
21.6.2021
The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say more than $70 billion moved through the country over past years while regulations were...
Price analysis 6/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
21.6.2021
Bitcoin and altcoins are reaching critical support levels, but instead of buying the dip, traders are waiting to see if any bullish signals emerge
MicroStrategy's BTC Deal, Penalties For Unregistered Crypto Securities + More News
21.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
MicroStrategy said it has purchased an additional BTC 13,005 for around USD 489m in cash at an average price of USD 37,617...
Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC
21.6.2021
The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor revealed the latest purchase on Twitter, and the firm now has more...
The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin
21.6.2021
The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing time. The government auction house is selling the digital assets in 11 lots and so far, the lots have...