Bitcoin News

Bitcoin News

Markets

Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts

Bitfinex suggested bitcoin could fall to as low as $40,000 in a bearish scenario.

Bull and Bear (nosheep/Pixabay)

Markets

Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low

Seasonality suggests a hoped-for bounce after a rough August may not materialize.

Bitcoin Price 9/3/24

Finance

BitGo CEO Says Wrapped Bitcoin’s Critics Aren’t Being ‘Intellectually Honest’ About Their Concerns

The loudest critics of BitGo’s deal with Justin Sun-affiliated BiT Global also want to see their ‘number go up.’

CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023 (Shutterstock/CoinDesk)

Markets

First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises

The latest price moves in crypto markets in context for Sept. 3, 2024.

BTC price, FMA Sept. 3 2024 (CoinDesk)

Markets

Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%

The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

Bitcoin Margin Longs on Bitfinex Defy Bearish Seasonality

The number of bullish bets raised with the help of borrowed funds has steadily increased since late August.

BTC margin longs on Bitfinex. (Coinglass)

Finance

Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody

Metaplanet said it was adopting bitcoin as a reserve asset in May and had accumulated a total of 360 BTC by mid-August.

(Beth Macdonald/Unsplash)

Markets

First Mover Americas: Bitcoin Sits Around $58.5K at Start of Historically Bearish September

The latest price moves in crypto markets in context for Sept. 2, 2024.

BTC price, FMA Sept. 2 2024 (CoinDesk)