Analysis
Bitcoin Shrugs Off Solid Inflation Report, Holds Steady Over $30K
While hourly data showed increased volatility, bitcoin’s daily price movement was relatively calm
Bitcoin Quiets Down in July After a Tumultuous First Half of 2023
While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.
Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data.
Binance Feels Strain of World’s Regulators Leaping Into Action
This week’s Australian probe, which sought out Binance employees outside the office, is only one of a growing list of legal entanglements facing the world’s biggest crypto exchange.
FOMC Minutes Show Uncertainty, Cautious Optimism. Large Bitcoin Investors Are Taking Divergent Paths
The largest and smallest bitcoin whales have added to their holdings, but the group in between has jettisoned some of their tokens.
Bitcoin Remains Range-Bound, Despite Bullish Sentiment
Bitcoin prices have paused with support at $30,000
Chainlink ‘Proof of Reserve’ Proves Little Beyond Data Going In, Coming Out
Projects like TrueUSD and Paxos are turning to Chainlink to give users transparency into their reserves, but their numbers remain difficult to verify.
Bitcoin May Be Forming a 'Bull Flag' on Price Chart: Technical Analysis
A bullish flag looks to be forming and would be completed on a breakout above $31,900, analysts at Fairlead Strategies said.
Crypto Traders Cautious on Bitcoin as Fiat Liquidity Measures Point Lower
It would be unusual for bitcoin to stay bullish when fiat liquidity measures are pointing lower, one portfolio manager said.
A $10M Options Bet on Ether Shows Positioning for a Bullish Second Half
A large ether bull call spread crossed the tape Friday, according to Amberdata. The trade involved December call options with strike prices at $1,900 and $2,500.
