Bitcoin News

Bitcoin News

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BTC Traders’ 6-Month Outlook Turns Most Bearish Since June 2023 as Momentum Worsens

The 180-day call-put skew on Deribit is now most negative in over two years.

Bear sign (CoinDesk Archives)

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Bitcoin Hovers at $113K; Solana and Dogecoin Lead Gains Ahead of Powell’s Jackson Hole Speech

Crypto markets are treading water as investors wait for Fed Chair Jerome Powell’s Jackson Hole speech, where a hawkish tone could drag bitcoin lower while a dovish pivot may offer relief.

Photo of Federal Reserve Chair Jerome Powell

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Asia Morning Briefing: BTC Demand Cools While 'Crypto Capital Is Getting More Selective,' OKX’s Gracie Lin Warns

With Bitcoin demand cooling and profit-taking accelerating, investors are rotating into ether and a handful of resilient plays while retail “altseason” fades.

(Anders Jildén/Unsplash)

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Ether, Solana, BNB Outshine Bitcoin as Cryptos Rebound

BTC only mounted a modest bounce from the overnight lows, while BNB hit a new record high and ETH, SOL rebounded 6%-7%.

Four bulls silhouetted against a rising sun. (Shutterstock)

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Coinbase CEO Brian Armstrong Says Bitcoin Could Reach $1M by 2030

Armstrong joins Jack Dorsey and Cathie Wood in calling for explosive BTC growth, with Ark Invest projecting as high as $3.8M by decade’s end.

CoinDesk

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Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce

The majority of participants at the Fed's last monetary policy meeting saw inflation risk outweighing employment risk.

Fed Chair Jerome Powell adjusts his glasses at a press conference.

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Bitcoin Market Structure 'Still Looks Extremely Bullish,’ Says FalconX Head of Research

FalconX’s David Lawant says buyers quickly overwhelm sellers after small dips, showing strong demand even with bitcoin below last week’s peak.

CoinDesk Data chart showing bitcoin 24-hour trading range near $114,000

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Strategy Tumbles Below 200-Day Moving Average as Shares Continue to Underperform Bitcoin

MSTR fell to a five-month low Wednesday, testing key technical support.

Strategy Executive Chairman Michael Saylor (Nikhilesh De)

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The 'Great Wealth Transfer' Could See More Than $200B Flow Into Bitcoin: Xapo Bank

Over the next ten years, trillions of dollars will move from baby boomers to younger heirs, who are more inclined toward digital assets, the report said.

High-resolution image of numerous shiny gold bitcoin tokens stacked together.

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Bitcoin's Unimpressive Bounce Fails to Diminish Downside Risk; Support Around $112K

Bitcoin bulls are struggling to establish a low around $113,000, with weak price and volume performance.

BTC's unimpressive bounce. (TheDigitalArtist/Pixabay)