Bitcoin News

Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst Says
U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed.

Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains
An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.

Protocol Village: Metis Decentralized Sequencer Onboards Hashkey, EVM Explorer Blockscout Raises $3M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.

Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound
Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.

First Mover Americas: BoJ Comments Offer Relief to Crypto
The latest price moves in crypto markets in context for Aug. 7, 2024.

Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.

Semler Scientific Studied MicroStrategy’s Success Before Adopting Bitcoin Strategy
Purchasing bitcoin for the company balance sheet came following “soul searching” about how to provide value to shareholders, Eric Semler told CoinDesk.

Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.

