Bitcoin News
China's Central Bank Halts Bond Purchases to Support Yuan, BTC Holds Under $95K
The PBOC on Friday suspended bond purchases to stall the slide in bond yields and CNY
The Bitcoin Iceberg: Buyers Await Beneath The Bearish Surface
The market depth shows dominance of buy orders at levels away from the going market rate.
Market Fears of Potential Selling Pressure From Possible Silk Road Sale is Overblown: Van Straten
Since September, the market has absorbed over 1 million bitcoins, while the price has gone from around $60,000 to over $100,000.
Bitcoin ETFs Suffer $582M Net Outflow, Second-Highest Tally Ever
The ETFs bleed money as renewed U.S. inflation fears dent Fed rate cuts and boost bond market volatility
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
Crypto Prices Under Pressure From Global Rise in Yields
A sharp gain in interest rates didn't dent crypto's price rally through late 2024, but that may not be the case anymore.
Nation-States, Central Banks Expected to Buy BTC in 2025, Fidelity Digital Assets Says
Rising inflation, currency debasement and growing fiscal deficits will push countries to make strategic bitcoin allocations, the report said.
Key Market Dynamic That Greased Bitcoin and SPX Rally After U.S. Election Is Shifting
BTC and the S&P 500 seem to be tracking rates volatility, which is rising.
Bitcoin’s Potential 'Head and Shoulders' Pattern Points to a Sell-Off to $75K: Godbole
BTC’s latest price drop might be setting the stage for a major bearish reversal pattern.
Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations
Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.
