Bitcoin News

Bitcoin News

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Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch

Bitcoin pressure has picked up this week as AUM at the Grayscale Bitcoin Trust has declined more than $1 billion per day thanks to a combination of exiting bitcoin and lower prices.

Exit, Voice and Bitcoin

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First Mover Americas: Bitcoin Regains $40K

The latest price moves in crypto markets in context for Jan. 24, 2024.

BTC FMA Jan. 24 (CoinDesk)

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Fed Rate Cut Hopes Run Into Inflationary Red Sea Crisis

Disruptions to commercial shipping traffic via the Red Sea/Suez Canal route threaten to push up prices. That's an unwelcome development for bitcoin bulls.

Sea (ajs1980518/Pixabay)

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Crypto Whales Hunt for Bargains As Bitcoin Prices Slide, Data Shows

Bitcoin traded at a fat premium on Bitfinex compared to the global average price over the weekend, hinting at bargain hunting by whales.

Whales feeding (Shutterstock)

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First Mover Americas: Bitcoin Slips Below $39K

The latest price moves in crypto markets in context for Jan. 23, 2024.

Bitcoin price FMA, Jan. 23, 2024 (CoinDesk)

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Bitcoin Under $39K as ETF Debut Continues to Be a ‘Sell-the-News’ Event

BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%.

Downgrade spiral staricase going down downwards (Unsplash)

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Bitcoin Indicator, Which Signaled Late 2023 Rally, Is About to Flash Bearish Signal

The Guppy Multiple Moving Average indicator is about to flash a red signal, indicating a strengthening of downward momentum.

(Hans-Jurgen Mager/Unsplash)