Bitcoin News

Bitcoin Retail Activity Remains Low Despite Recent Rally
Big upticks in retail interest are commonly thought to be a topping indicator, so the current relative lack of involvement could hint at potential further price increases.

MicroStrategy's Next Bitcoin Purchase Is Likely to Take Its Holdings Above Grayscale's GBTC
The self-described Bitcoin development company currently holds 252,220 bitcoins, but has more than $1 billion in dry powder with which to purchase additional tokens.

Bitcoin Tumbles Back Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei
Overbought conditions also surely played a role in bitcoin's Monday decline.

First Mover Americas: Bitcoin Drops 3%, Still on Track for Best September Since 2013
The latest price moves in crypto markets in context for Sept. 30, 2024.

'Overbought' Bitcoin Drops Below $64K as ISM Manufacturing Data Looms: 10x Research
The U.S. data, due Tuesday, has triggered 10% price drops in the first week of the past three months, 10x Research said.

Bitcoin’s Bearish September May Be Its Best Since 2013 Ahead of Bullish October
BTC is close to ending September up 9%, its best since 2013, ahead of a seasonally bullish October.

Bitcoin Bulls Eye $75K and Higher as BTC Registers Three-Week Winning Streak
BTC has registered its first three-week winning trend since February.

MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin
The T-REX 2X Long MSTR Daily Target ETF (MSTU) took in $72 million in the first week of trading, according to data by Bloomberg Intelligence.

Bitcoin FOMO Is Back: $70K and Then New Record Highs in Sight, Says Analyst
A $10 billion surge in stablecoin minting over the past weeks has flooded the crypto market with liquidity, 10X Research's Markus Thielen noted.

Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet
“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.

